
Snap-on (SNA) Stock Forecast & Price Target
Snap-on (SNA) Analyst Ratings
Bulls say
Snap-on has demonstrated a positive trend in its financial performance, with the Repair Systems & Information Group achieving a 2.3% year-over-year sales increase to $468.6 million, primarily due to heightened demand from OEM dealerships and independent repair shops. Additionally, the Snap-on Tools Group recorded a 1.6% year-over-year sales rise to $491.0 million, bolstered by robust U.S. market activity and strong international sales. The Financial Services segment also contributed positively, experiencing a 2.1% year-over-year revenue growth to $101.7 million, underscoring the overall stability and growth potential of Snap-on's diverse business operations.
Bears say
Snap-on has experienced a notable decline in Economic Profit, which fell by 12.35% year-over-year, down from $503.0 million to $440.9 million, indicating a deterioration in profitability over the last twelve months. Furthermore, the company's Return on Capital (ROC) has also decreased, moving from 14.90% to 14.05%, suggesting reduced efficiency in generating returns from its invested capital. Additionally, Net Sales Revenue declined slightly by 0.76% year-over-year, from $5.11 billion to $5.7 billion, reflecting challenges in revenue generation amid a potentially weakening market environment.
This aggregate rating is based on analysts' research of Snap-on and is not a guaranteed prediction by Public.com or investment advice.
Snap-on (SNA) Analyst Forecast & Price Prediction
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