As of Wednesday close, Snap-on Incorporated’s (NYSE:SNA) stock was up $1.53, moving up 0.64 percent to $241.17. The average number of shares traded per day over the past five days has been 206,740 shares. 5 times new highs have been achieved over the past 5 days, with a $7.19 gain in that time frame. In the last twenty days, the average volume was 278,090, while in the previous 50 days, it was 300,298.
Since last month, SNA stock rose 10.51%. Shares of the company fell to $209.98 on 10/24/22, the lowest level in the past month. A 52-week high of $240.41 was reached on 11/23/22 after having rallying from a 52-week low of $190.08. Since the beginning of this year, SNA’s stock price has risen by 11.97% or $25.79, and marked a new high 11 times. However, the stock has increased by 0.32% since its 52-week high.
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SNA stock investors should be aware that Snap-on Incorporated (SNA) stock had its last reported insider trading activity 2 days ago on Nov 22. Boyd Iain, the VP – Operations Development of the company, disposed of 3,500 shares for $238.61 on Nov 22. It resulted in a $835,141 divestment by the insider. PINCHUK NICHOLAS T sold 31,576 shares at an average price of $233.79 on Nov 16. The insider now owns 658,765 shares following the transaction. On Sep 13, Sr VP – Finance & CFO Pagliari Aldo John sold 6,607 shares at $220.04 apiece. The transaction was valued at $1,453,801.
Right now, Snap-on Incorporated (SNA) has a P/E ratio of about 14.61. The stock’s beta is 1.09. Besides these, the trailing price-to-sales (P/S) ratio of 2.65, the price-to-book (PB) ratio of 2.97, and the price-to-cash flow ratio of 41.49 may also be considered.
The latest dividend of $1.62 per share was paid out, which is 14.08% more than last year’s $1.42. On Friday November 4 2022, a $0.20 dividend increase was announced.
In the three months ended September 29, Snap-on Incorporated’s quick ratio stood at 2.30, while its current ratio was 3.30, showing that the company is able to pay off its debt. According to company report, the long-term debt-to-equity ratio for the quarter ending September 29 was 0.27, and the total debt-to-equity ratio was 0.28. On the profitability front, the trailing twelve-month gross margin is 52.20% percent. In the year ended September 29, operating margins totaled 24.90%. Based on annual data, SNA earned $2.11 billion in gross profit and brought in $4.25 billion in revenue.
A company’s management is another factor that investors consider when determining the profitability of an investment. In the past year, return on investment (ROI) was 16.30%. Return on equity (ROE) for the past 12 months was 20.90%.
In Snap-on Incorporated’s quarter-end financial report for September 29, it reported total debt of $1.18 billion. According to the earnings report, the company had a lower net income in the recent quarter than it did in the previous quarter. SNA’s revenue rose 5.45% to $1.22 billion during the quarter, while net income inched up to $1.19 billion. While analysts expected Snap-on Incorporated to report $3.86 quarterly earnings, the actual figure was $4.14 per share, beating the consensus estimate by 7.30%. During the quarter, the company generated $314.3 million in EBITDA. The liabilities of Snap-on Incorporated were 2.5 billion at the end of its most recent quarter ended September 29, and its total debt was $1.26 billion. The value of shareholders’ equity is $53.16 million.
This quick technical analysis looks at Snap-on Incorporated’s (SNA) price momentum. With a historical volatility rate of 11.74%, the RSI 9-day stood at 76.42% on 23 November.
With respect to its five-day moving average, the current Snap-on Incorporated price is up by +3.07% percent or $7.19. At present, SNA shares trade +11.52% above its 20-day simple moving average and +21.37% percent above its 100-day simple moving average. However, the stock is currently trading approximately +11.28% above its SMA50 and +13.76% above its SMA200.
Stochastic coefficient K was 94.71% and Stochastic coefficient D was 93.78%, while ATR was 4.42. Given the Stochastic reading of 94.34% for the 14-day period, the RSI (14) reading has been calculated as 70.82%. As of today, the MACD Oscillator reading stands at 2.86, while the 14-day reading stands at 5.08.