Snap-on Incorporated (NYSE:SNA) Director William Dudley Lehman sold 387 shares of the stock in a transaction that occurred on Monday, February 12th. The stock was sold at an average price of $160.60, for a total value of $62,152.20. Following the completion of the sale, the director now directly owns 8,376 shares of the company’s stock, valued at $1,345,185.60. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.
Shares of Snap-on Incorporated (SNA) opened at $159.25 on Tuesday. The company has a current ratio of 1.78, a quick ratio of 1.24 and a debt-to-equity ratio of 0.25. The company has a market capitalization of $9,080.00, a P/E ratio of 16.75, a P/E/G ratio of 1.21 and a beta of 1.09. Snap-on Incorporated has a 52-week low of $140.83 and a 52-week high of $185.47.
Snap-on (NYSE:SNA) last issued its quarterly earnings results on Thursday, February 8th. The company reported $2.69 EPS for the quarter, beating the Zacks’ consensus estimate of $2.66 by $0.03. The company had revenue of $974.60 million during the quarter, compared to the consensus estimate of $940.50 million. Snap-on had a return on equity of 20.54% and a net margin of 15.13%. Snap-on’s revenue was up 9.5% on a year-over-year basis. During the same period last year, the business posted $2.47 earnings per share. research analysts anticipate that Snap-on Incorporated will post 10.93 EPS for the current fiscal year.
Several analysts have recently commented on the company. B. Riley reissued a “buy” rating on shares of Snap-on in a research note on Wednesday, November 1st. Barrington Research raised Snap-on from a “market perform” rating to an “outperform” rating and set a $185.00 price target for the company in a research report on Monday, October 23rd. Oppenheimer reaffirmed a “buy” rating and set a $177.00 price target on shares of Snap-on in a research report on Thursday, October 19th. Zacks Investment Research raised Snap-on from a “hold” rating to a “buy” rating and set a $193.00 price target for the company in a research report on Wednesday, December 20th. Finally, Jefferies Group reaffirmed a “hold” rating and set a $175.00 price target on shares of Snap-on in a research report on Friday, November 3rd. One equities research analyst has rated the stock with a sell rating, two have given a hold rating and seven have given a buy rating to the stock. The stock has a consensus rating of “Buy” and an average target price of $195.50.
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Snap-on Incorporated is a manufacturer and marketer of tools, equipment, diagnostics, repair information and systems solutions. The Company’s segments include the Commercial & Industrial Group, the Snap-on Tools Group, the Repair Systems & Information Group, and Financial Services. The Commercial & Industrial Group consists of business operations serving a range of industrial and commercial customers, including customers in the aerospace, natural resources, government, power generation, transportation and technical education markets.
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