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

September 25, 2018 - By Darrell Taylor

Snap-on Incorporated (NYSE:SNA) LogoInvestors sentiment decreased to 1.01 in Q2 2018. Its down 0.09, from 1.1 in 2018Q1. It is negative, 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.
Pnc Fincl has 32,134 shares for 0.01% of their portfolio. Royal Bank & Trust Of Canada, a Ontario – Canada-based fund reported 174,227 shares. 2,481 are held by Inspirion Wealth Advisors Limited Liability Co. First Manhattan invested in 0.16% or 173,697 shares. Adirondack reported 609 shares. Iowa-based Principal Financial Gp Inc has invested 0.16% in Snap-on Incorporated (NYSE:SNA). Liberty Mutual Group Asset Management holds 2,262 shares. Natl Bank Of America De reported 0.01% of its portfolio in Snap-on Incorporated (NYSE:SNA). Clarivest Asset Mgmt Llc reported 6 shares stake. Us Bank De, a Minnesota-based fund reported 65,894 shares. Meiji Yasuda Life Insur Company has invested 0.07% in Snap-on Incorporated (NYSE:SNA). Leavell Management Inc owns 1,522 shares. 17,818 are held by Sigma Counselors Inc. Strs Ohio reported 0.01% of its portfolio in Snap-on Incorporated (NYSE:SNA). Alliancebernstein Limited Partnership reported 0.01% of its portfolio in Snap-on Incorporated (NYSE:SNA).

Since June 5, 2018, it had 0 insider buys, and 5 insider sales for $19.35 million activity. 35,500 Snap-on Incorporated (NYSE:SNA) shares with value of $6.11 million were sold by Banerjee Anup R. Ward Thomas J sold $6.44 million worth of stock. Shur Irwin M sold $2.19 million worth of stock or 14,000 shares. $1.15 million worth of Snap-on Incorporated (NYSE:SNA) was sold by Pagliari Aldo John.

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. The firm has “Hold” rating by Jefferies given on Wednesday, April 18. On Tuesday, June 26 the stock rating was maintained by Robert W. Baird with “Buy”. The stock of Snap-on Incorporated (NYSE:SNA) has “Buy” rating given on Wednesday, April 11 by Robert W. Baird. As per Monday, April 23, the company rating was maintained by Northcoast.

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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