Snap-on Incorporated (SNA)
Pre-market:
| Previous close | 282.45 |
| Open | 284.53 |
| Bid | 250.26 x 900 |
| Ask | 0.00 x 900 |
| Day's range | 281.74 - 286.82 |
| 52-week range | 245.73 - 298.49 |
| Volume | |
| Avg. volume | 328,233 |
| Market cap | 14.98B |
| Beta (5Y monthly) | 0.98 |
| PE ratio (TTM) | 15.10 |
| EPS (TTM) | N/A |
| Earnings date | N/A |
| Forward dividend & yield | 7.44 (2.62%) |
| Ex-dividend date | 23 Feb 2024 |
| 1y target est | N/A |
- Reuters
Snap-On misses quarterly sales estimates on weak demand for power tools
Higher tool prices are causing U.S. repair technicians to cut back on spending, denting demand for Snap-On's smaller wrenches and ratchets. Sales at the company's "Commercial & Industrial" division, which caters to critical industries such as transportation, military, aerospace and power generation, fell to $359.9 million in the quarter from $363.8 million last year due to weak demand for power tools. Snap-On expects capital expenditures in 2024 to be $100 million to $110 million as it ramps up spending to tap into new customers, markets and geographic areas.
- Zacks
Here's How Snap-on (SNA) is Poised Just Ahead of Q1 Earnings
Snap-on's (SNA) first-quarter 2023 results are likely to benefit from strategic initiatives such as enhancing the franchise network, cost-control efforts and increasing brand awareness.
- Zacks
Snap-On (SNA) is a Top Dividend Stock Right Now: Should You Buy?
Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does Snap-On (SNA) have what it takes? Let's find out.
