Snap-on Incorporated (NYSE:SNA) went up by 0.75% during the previous trading session, and it is maintaining the win ahead of Monday’s trading session. The share price of the Tools & Accessories giant went up by $137.01 to trade ended Monday trading at $135.99. This is up from the $135.99 price recorded on Thursday’s trading session. Thanks to this latest performance, SNA is closer to the higher price 52-week target of $150.00 and further from the lowest price target of $118.00. Its performance from the start of the year has also been negative, with SNA down by -19.12% year-to-date.
Snap-on Incorporated (SNA) started the day trading at $138.47 and recorded an intraday high of $139. It also recorded an intraday low of $135.87 during Monday’s trading session. Snap-on Incorporated is a very active stock that recorded a trading volume that is less than -52.13% of the average daily trading volume on Monday. The stock’s trading volume on Monday was 437615, which is less than -52.13 of the total average daily trading volume of 665.76K.
Snap-on Incorporated (NYSE:SNA) 2020 Performance Impressive
The increase in SNA’s stock price on Monday saw its overall performance boost over the past few months. We can quantify the performance of the stock so far this year using a few metrics. The 52-week high price of SNA currently stands at $172.61, which is higher than the current trading price of the stock by 20.62%. However, SNA’s current trading price is -51.03% lower than the 52-week low price of $90.72. In terms of trading volume, Snap-on Incorporated currently experienced healthy participation during the last trading session. 437615 shares of Snap-on Incorporated were traded on the stock exchange on Monday, which is less than -52.13% of the 665.76K average trading volume of the stock.
The performance of the stock has been positive over the past year. SNA’s performance over the past one year has seen it plunge by -15.27%, while the stock has gone down by -18.00% in the last six months. The quarterly performance of SNA currently stands at 43.44%, and it is down by -4.13% in the last month. The only positive figure was from the weekly performance, which currently reads 2.58%. At the time of writing SNA’s report, the company has a total market cap of $7.35B, making it one of the largest publicly-traded companies in the world.Snap-on Incorporated also has over 12800 employees all over the world.
SNA Insider Activities
For Snap-on Incorporated, insiders hold 98.40% of all company shares. The insider transactions over the past six months are up by 4.60%. During that period, insiders bought 66,187 shares in 23 transactions. In that same period, insiders sold 38,735 of their shares in 17 transactions. After these transactions, insiders at Snap-on Incorporated now hold 738.67k shares, which is over 101.41% of the total company stocks. Institutional investors currently hold a large chunk of the SNA shares, as they control 1.36% of the company’s total stock.
SNA Fundamental Analysis
For Snap-on Incorporated, the stock’s diluted earnings per share (EPS) stands at 11.74. In the coming year, analysts expect the EPS to be 10.72. The EPS growth will up over the next five years to 10.00% after surging by 11.70% in the previous five years. In terms of revenue, Snap-on Incorporated’s quarterly sales (YOY) is growing at 1.77, which is lower than the average annual revenue of 11.70% over the past half a decade.
The Return on Investment (ROI) on Snap-on Incorporated’s stock currently stands at 16.40%, and it has a net profit margin of 16.30%. The operating margin of the company is 22.70%, and its gross margin is 53.40%.
SNA Analysts Prediction
The Robert W. Baird also has a Neutral rating for Snap-on Incorporated, predicting the stock price to stay between $186 and $160.
Wunderlich and CL King also believe that Snap-on Incorporated’s stock is outperforming at the moment.
At the moment, Snap-on Incorporated’s Total Debt to Equity ratio stands at 0.34, and they have a long-term Debt to Equity ratio of 0.29.
SNA Technical Analysis
The Simple Moving Average (SMA) is one of the most powerful technical indicators. The 20-day Simple Moving Average of SNA currently stands at -0.95%, while the SMA50 is 3.61%. The biggest one is the SMA200, which is currently reading -6.37% ahead of Monday’s trading session. The Relative Strength Index of this stock is 53.38, while its price to earnings ratio (P/E) is 11.67.
