EPS for Snap-on Incorporated (SNA) Expected At $2.96

June 15, 2018 - By Larry Park

Snap-on Incorporated (NYSE:SNA) LogoInvestors sentiment increased to 1.1 in Q1 2018. Its up 0.03, from 1.07 in 2017Q4. It is positive, as 45 investors sold Snap-on Incorporated shares while 167 reduced holdings. 63 funds opened positions while 171 raised stakes. 66.71 million shares or 3.35% less from 69.02 million shares in 2017Q4 were reported.
Moreover, Wellington Shields Cap Ltd Liability Company has 0.46% invested in Snap-on Incorporated (NYSE:SNA). Wellington Management Limited Liability Partnership invested 0.03% in Snap-on Incorporated (NYSE:SNA). Zebra Mgmt Limited Company reported 0.12% of its portfolio in Snap-on Incorporated (NYSE:SNA). Gideon holds 0.17% of its portfolio in Snap-on Incorporated (NYSE:SNA) for 1,833 shares. 7,355 are owned by Mutual Of America Capital Mgmt Limited Liability. 191 were reported by Tompkins Corp. Northwestern Mutual Wealth holds 0% of its portfolio in Snap-on Incorporated (NYSE:SNA) for 1,480 shares. Rmb Cap Management Ltd holds 0.46% of its portfolio in Snap-on Incorporated (NYSE:SNA) for 121,986 shares. Jane Street Group Ltd Company reported 0.01% stake. Carroll has invested 0% in Snap-on Incorporated (NYSE:SNA). 34 were reported by Mcf Advsr Ltd. Palouse Cap Inc holds 0.65% or 13,164 shares. Benjamin F Edwards And Incorporated owns 7,134 shares. Strs Ohio holds 0.01% or 16,925 shares in its portfolio. Harbour Invest Mgmt Limited owns 1.09% invested in Snap-on Incorporated (NYSE:SNA) for 9,260 shares.

Since February 15, 2018, it had 0 insider buys, and 5 sales for $25.07 million activity. Ward Thomas J also sold $6.44M worth of Snap-on Incorporated (NYSE:SNA) on Tuesday, June 5. JONES NATHAN J also sold $125,750 worth of Snap-on Incorporated (NYSE:SNA) on Thursday, February 15. Shares for $2.19M were sold by Shur Irwin M on Thursday, June 7.

Analysts expect Snap-on Incorporated (NYSE:SNA) to report $2.96 EPS on July, 19.They anticipate $0.36 EPS change or 13.85 % from last quarter’s $2.6 EPS. SNA’s profit would be $167.53 million giving it 13.47 P/E if the $2.96 EPS is correct. After having $2.79 EPS previously, Snap-on Incorporated’s analysts see 6.09 % EPS growth. The stock increased 0.62% or $0.99 during the last trading session, reaching $159.48. About 635,843 shares traded or 4.11% up from the average. Snap-on Incorporated (NYSE:SNA) has declined 5.60% since June 15, 2017 and is downtrending. It has underperformed by 18.17% the S&P500.

Snap-on Incorporated (NYSE:SNA) Ratings Coverage

Among 4 analysts covering Snap-on (NYSE:SNA), 3 have Buy rating, 0 Sell and 1 Hold. Therefore 75% are positive. Snap-on had 8 analyst reports since January 4, 2018 according to SRatingsIntel. On Wednesday, April 11 the stock rating was maintained by Robert W. Baird with “Buy”. As per Wednesday, April 18, the company rating was maintained by Jefferies. The firm earned “Buy” rating on Thursday, April 19 by Robert W. Baird. The rating was maintained by Robert W. Baird on Monday, January 29 with “Buy”. Northcoast maintained it with “Buy” rating and $17800 target in Monday, April 23 report. Robert W. Baird maintained the stock with “Buy” rating in Thursday, February 8 report. The rating was maintained by Northcoast with “Buy” on Friday, February 9.

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 $9.03 billion. The firm operates in Commercial & Industrial Group, Snap-on Tools Group, Repair Systems & Information Group, and Financial Services divisions. It has a 16.03 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.

More news for Snap-on Incorporated (NYSE:SNA) were recently published by: Globenewswire.com, which released: “Report: Exploring Fundamental Drivers Behind Ducommun, Redfin, Hemisphere Media Group, General Electric, Snap …” on May 30, 2018. Businesswire.com‘s article titled: “Glancy Prongay & Murray LLP Continues Investigation on Behalf of Snap-on Incorporated Investors (SNA)” and published on May 17, 2018 is yet another important article.

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

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