Snap-on Incorporated (NYSE:SNA) registered a -7.39% decrease, still its new closing price is 27.50% up from the company’s 1 year high of 181.73.It posted -7.24% losses in previous 5 sessions and is now the subject of 2 analysts who together assign a hold rating on stock. 0 of Wall Street analysts have an underperform rating; the 0 sells versus 2 buy or better ratings. The 8 stock analysts following this company have an average price target at $189.71, with individual PT in the $165.00-$210.00 range. The shares moved at $166.98, implying that brokerage firms see shares gaining about 10.81% in twelve months time.
Snap-on Incorporated (SNA) SEC Form 4 News
The stock is getting much attention these days as insiders are offloading shares while they posted a -2.50% fall year to date. A Sr VP – Finance & CFO at Snap-on Incorporated (SNA) offloaded shares in a transaction closed on Tuesday January 03, 2017. Pagliari Aldo John sold 1,700 shares in the company at $171.42 each and collected $291,000 in proceeds. Pagliari Aldo John now owns 38,068 shares in the company after this transaction. A VP – Operations Development in the company, Boyd Iain, disclosed a transaction on Tuesday December 06, 2016 that ended up generating $640,001 from the sale of 3,812 shares at $168.1 per share.
Snap-on Incorporated (NYSE:SNA) Upcoming Results on Tap
Snap-on Incorporated will next provide financial results for the March 2017 quarter. Stock analysts expect it to report per-share earnings of $2.55 in that period. Sales during the quarter are predicted to arrive at $880.17 million.
Earnings surprise history: Last quarter, the company posted approximately $834.1 million in revenue and EPS of $2.22. The mean forecast was for $847.83 million and $2.15 a share, respectively. One quarter earlier, revenue for the stock was at $872.3 million, with earnings at $2.36/share.
Snap-on Incorporated (SNA) Brokerage Update
Snap-on Incorporated (SNA) is in Longbow’s research list so their analyst rating change is noteworthy. These shares were upgraded to Buy from Neutral by Longbow, according to news reported on Monday October 05, 2015.Another important research note was issued by Barrington Research on Friday July 20, 2012.The firm downgraded SNA to Mkt Perform from Outperform. Over the last six months and over the last three months, the shares of Snap-on Incorporated (SNA), have changed 9.11% and 10.25%, respectively.