Roth Capital Has Pessimistic Outlook of Snap-on Q1 Earnings

Snap-on Incorporated (NYSE:SNA) – Equities researchers at Roth Capital lowered their Q1 2025 earnings per share (EPS) estimates for shares of Snap-on in a report issued on Friday, February 7th. Roth Capital analyst S. Stember now expects that the company will post earnings per share of $4.87 for the quarter, down from their previous forecast of $4.93. The consensus estimate for Snap-on’s current full-year earnings is $20.07 per share. Roth Capital also issued estimates for Snap-on’s Q2 2025 earnings at $5.24 EPS, Q3 2025 earnings at $5.06 EPS, Q4 2025 earnings at $4.97 EPS, FY2025 earnings at $20.13 EPS, Q1 2026 earnings at $5.39 EPS, Q2 2026 earnings at $5.76 EPS, Q3 2026 earnings at $5.57 EPS, Q4 2026 earnings at $5.56 EPS and FY2026 earnings at $22.28 EPS.

Snap-on (NYSE:SNA) last released its earnings results on Thursday, February 6th. The company reported $4.82 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $4.78 by $0.04. Snap-on had a return on equity of 19.20% and a net margin of 21.71%. During the same period in the previous year, the firm earned $4.75 EPS.

A number of other brokerages have also weighed in on SNA. Tigress Financial upped their target price on Snap-on from $336.00 to $385.00 and gave the stock a “buy” rating in a research report on Friday, October 25th. Roth Mkm upped their price target on Snap-on from $324.00 to $365.00 and gave the stock a “buy” rating in a report on Tuesday, October 22nd. Robert W. Baird upped their price target on Snap-on from $290.00 to $347.00 and gave the stock a “neutral” rating in a report on Friday, October 18th. Barrington Research reiterated an “outperform” rating and set a $350.00 price target on shares of Snap-on in a report on Monday. Finally, Bank of America upped their price target on Snap-on from $255.00 to $280.00 and gave the stock an “underperform” rating in a report on Friday, October 18th. One research analyst has rated the stock with a sell rating, one has given a hold rating and three have issued a buy rating to the stock. According to MarketBeat.com, Snap-on presently has a consensus rating of “Hold” and a consensus target price of $345.40.

Snap-on Price Performance

Snap-on stock opened at $340.38 on Monday. Snap-on has a one year low of $252.98 and a one year high of $373.89. The company has a debt-to-equity ratio of 0.22, a current ratio of 4.15 and a quick ratio of 3.14. The stock’s 50 day moving average is $347.29 and its 200 day moving average is $320.10. The firm has a market cap of $17.87 billion, a P/E ratio of 17.46, a P/E/G ratio of 2.13 and a beta of 0.99.

Insider Buying and Selling at Snap-on

In related news, VP June C. Lemerand sold 3,500 shares of the company’s stock in a transaction on Wednesday, December 4th. The stock was sold at an average price of $362.86, for a total value of $1,270,010.00. Following the sale, the vice president now directly owns 2,289 shares of the company’s stock, valued at $830,586.54. This represents a 60.46 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, CEO Nicholas T. Pinchuk sold 21,783 shares of the business’s stock in a transaction on Monday, December 9th. The stock was sold at an average price of $354.83, for a total value of $7,729,261.89. Following the completion of the sale, the chief executive officer now directly owns 769,738 shares in the company, valued at $273,126,134.54. This trade represents a 2.75 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 32,192 shares of company stock valued at $11,400,978 in the last 90 days. Corporate insiders own 4.10% of the company’s stock.

Institutional Investors Weigh In On Snap-on

Hedge funds have recently added to or reduced their stakes in the stock. Raymond James Financial Inc. purchased a new stake in Snap-on during the fourth quarter valued at $148,839,000. Proficio Capital Partners LLC purchased a new stake in shares of Snap-on during the fourth quarter worth about $57,738,000. Benjamin Edwards Inc. grew its position in shares of Snap-on by 2,691.2% during the third quarter. Benjamin Edwards Inc. now owns 158,092 shares of the company’s stock worth $45,810,000 after purchasing an additional 152,428 shares in the last quarter. International Assets Investment Management LLC boosted its stake in Snap-on by 34,381.0% during the third quarter. International Assets Investment Management LLC now owns 130,338 shares of the company’s stock valued at $37,760,000 after buying an additional 129,960 shares during the last quarter. Finally, Nordea Investment Management AB boosted its stake in Snap-on by 12.8% during the fourth quarter. Nordea Investment Management AB now owns 1,128,317 shares of the company’s stock valued at $384,813,000 after buying an additional 127,859 shares during the last quarter. 84.88% of the stock is owned by institutional investors.

About Snap-on

Snap-on Incorporated manufactures and markets tools, equipment, diagnostics, and repair information and systems solutions for professional users worldwide. It operates through Commercial & Industrial Group, Snap-on Tools Group, Repair Systems & Information Group, and Financial Services segments.