Snap-on Incorporated (SNA) Analysts See $2.84 EPS

September 25, 2018 - By Theresa Judd

Snap-on Incorporated (NYSE:SNA) LogoInvestors sentiment decreased to 1.01 in Q2 2018. Its down 0.09, from 1.1 in 2018Q1. It dived, as 43 investors sold Snap-on Incorporated shares while 175 reduced holdings. 63 funds opened positions while 157 raised stakes. 67.51 million shares or 1.21% more from 66.71 million shares in 2018Q1 were reported.
Georgia-based Synovus has invested 0.01% in Snap-on Incorporated (NYSE:SNA). Fort Point Capital Partners Limited Liability Co stated it has 0.07% in Snap-on Incorporated (NYSE:SNA). Metropolitan Life Insur New York, a New York-based fund reported 8,551 shares. Td Asset reported 17,556 shares. Hsbc Hldgs Public Limited Com holds 80,024 shares or 0.02% of its portfolio. The Kansas-based Intrust National Bank Na has invested 0.13% in Snap-on Incorporated (NYSE:SNA). 32,134 were accumulated by Pnc Financial Services Group Inc Inc. Etrade Capital Limited Co holds 9,118 shares. Thrivent For Lutherans stated it has 0% in Snap-on Incorporated (NYSE:SNA). Moreover, Teacher Retirement Systems Of Texas has 0.14% invested in Snap-on Incorporated (NYSE:SNA) for 134,664 shares. Employees Retirement Sys Of Texas has invested 0.01% in Snap-on Incorporated (NYSE:SNA). Schwab Charles Mgmt reported 458,093 shares. Bankshares has invested 0.01% in Snap-on Incorporated (NYSE:SNA). Tompkins Financial Corp stated it has 0.01% in Snap-on Incorporated (NYSE:SNA). The Virginia-based Mngmt Of Virginia Ltd Limited Liability Company has invested 0.33% in Snap-on Incorporated (NYSE:SNA).

Since June 5, 2018, it had 0 insider purchases, and 5 insider sales for $19.35 million activity. On Tuesday, June 19 the insider PINCHUK NICHOLAS T sold $3.46 million. $6.11 million worth of Snap-on Incorporated (NYSE:SNA) was sold by Banerjee Anup R on Thursday, July 19. 14,000 shares were sold by Shur Irwin M, worth $2.19 million. 6,480 shares were sold by Pagliari Aldo John, worth $1.15M on Wednesday, August 22.

Analysts expect Snap-on Incorporated (NYSE:SNA) to report $2.84 EPS on October, 18.They anticipate $0.39 EPS change or 15.92 % from last quarter’s $2.45 EPS. SNA’s profit would be $160.18 million giving it 16.36 P/E if the $2.84 EPS is correct. After having $3.11 EPS previously, Snap-on Incorporated’s analysts see -8.68 % EPS growth. The stock decreased 1.38% or $2.6 during the last trading session, reaching $185.86. About 419,025 shares traded. Snap-on Incorporated (NYSE:SNA) has risen 24.81% since September 25, 2017 and is uptrending. It has outperformed by 9.19% the S&P500.

Snap-on Incorporated (NYSE:SNA) Ratings Coverage

Among 3 analysts covering Snap-on (NYSE:SNA), 2 have Buy rating, 0 Sell and 1 Hold. Therefore 67% are positive. Snap-on had 5 analyst reports since April 11, 2018 according to SRatingsIntel. As per Thursday, April 19, the company rating was maintained by Robert W. Baird. Robert W. Baird maintained Snap-on Incorporated (NYSE:SNA) on Tuesday, June 26 with “Buy” rating. The company was maintained on Wednesday, April 18 by Jefferies. Robert W. Baird maintained the shares of SNA in report on Wednesday, April 11 with “Buy” rating. The rating was maintained by Northcoast on Monday, April 23 with “Buy”.

Snap-on Incorporated manufactures and markets tools, equipment, diagnostics, and repair information and systems solutions for professional users worldwide. The company has market cap of $10.48 billion. The firm operates in Commercial & Industrial Group, Snap-on Tools Group, Repair Systems & Information Group, and Financial Services divisions. It has a 17.77 P/E ratio. It offers hand tools, such as wrenches, sockets, pliers, screwdrivers, punches and chisels, saws and cutting tools, pruning tools, torque measuring instruments, and other products; power tools, such as cordless, pneumatic, hydraulic, and corded tools; and tool storage products, including tool chests, roll cabinets, and other products.

Another recent and important Snap-on Incorporated (NYSE:SNA) news was published by Investorplace.com which published an article titled: “Is Snap-On an Ideal Dividend Growth Stock? 3 Pros, 3 Cons” on September 13, 2018.

Snap-on Incorporated (NYSE:SNA) Institutional Positions Chart

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