Snap-on (NYSE:SNA) is set to release its earnings data before the market opens on Thursday, April 18th. Analysts expect Snap-on to post earnings of $2.92 per share for the quarter.

Snap-on (NYSE:SNA) last released its quarterly earnings results on Thursday, February 7th. The company reported $3.03 earnings per share for the quarter, meeting the consensus estimate of $3.03. Snap-on had a return on equity of 21.62% and a net margin of 18.18%. The firm had revenue of $952.50 million for the quarter, compared to analysts’ expectations of $968.74 million. During the same quarter last year, the firm posted $2.69 EPS. The company’s revenue was down 2.3% compared to the same quarter last year. On average, analysts expect Snap-on to post $12 EPS for the current fiscal year and $13 EPS for the next fiscal year.

NYSE:SNA opened at $156.40 on Tuesday. Snap-on has a twelve month low of $135.29 and a twelve month high of $189.46. The stock has a market capitalization of $8.73 billion, a price-to-earnings ratio of 13.24, a price-to-earnings-growth ratio of 1.43 and a beta of 1.26. The company has a debt-to-equity ratio of 0.30, a quick ratio of 1.62 and a current ratio of 2.33.

Several research firms have weighed in on SNA. Zacks Investment Research cut Snap-on from a “hold” rating to a “sell” rating in a report on Wednesday, March 20th. Robert W. Baird cut Snap-on from an “outperform” rating to a “neutral” rating and lowered their price target for the company from $186.00 to $160.00 in a report on Wednesday, April 10th. Finally, TheStreet cut Snap-on from a “b” rating to a “c+” rating in a report on Wednesday, December 19th. Four equities research analysts have rated the stock with a hold rating and three have issued a buy rating to the company’s stock. The stock has an average rating of “Hold” and an average price target of $185.33.

In other news, Chairman Nicholas T. Pinchuk sold 11,783 shares of the stock in a transaction dated Thursday, March 21st. The stock was sold at an average price of $156.68, for a total transaction of $1,846,160.44. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, Director William Dudley Lehman sold 387 shares of the stock in a transaction dated Friday, February 15th. The shares were sold at an average price of $157.19, for a total value of $60,832.53. Following the transaction, the director now owns 9,996 shares in the company, valued at $1,571,271.24. The disclosure for this sale can be found here. Insiders have sold a total of 57,327 shares of company stock worth $9,123,183 over the last quarter. Corporate insiders own 3.90% of the company’s stock.

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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 and Industrial Group, Snap-on Tools Group, and Repair Systems & Information Group segments. The company offers hand tools, including wrenches, sockets, ratchet wrenches, 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 comprising tool chests, roll cabinets, and other products.

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Earnings History for Snap-on (NYSE:SNA)

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