Getting big returns from financial portfolios, whether through stocks, bonds, ETFs, other securities, or a combination of all, is an investor's dream. But for income investors, generating consistent cash flow from each of your liquid investments is your primary focus. Cash flow can come from bond interest, interest from other types of investments, and of course, dividends. A dividend is that coveted distribution of a company's earnings paid out to shareholders, and investors often view it by its dividend yi ...

Snap-on Incorporated (SNA) appears well-poised for growth, thanks to its solid business strategies. The company is focused on growth strategies, including enhancing the franchise network, improving relationships with repair shop owners and managers, and expanding into critical industries in emerging markets. Analysts seem optimistic about the company. The Zacks Consensus Estimate for 2024 sales and earnings per share (EPS) is pegged at $4.85 billion and $19.21, respectively, indicating year-over-year growth ...

Snap-On in Focus Getting big returns from financial portfolios, whether through stocks, bonds, ETFs, other securities, or a combination of all, is an investor's dream. But when you're an income investor, your primary focus is generating consistent cash flow from each of your liquid investments. Cash flow can come from bond interest, interest from other types of investments, and of course, dividends. A dividend is the distribution of a company's earnings paid out to shareholders; it's often viewed by its div ...

Core Insights - Zacks Premium provides tools and resources to help investors make informed decisions and invest confidently in the stock market [1][2] Zacks Style Scores - Zacks Style Scores rate stocks based on value, growth, and momentum characteristics, serving as complementary indicators to the Zacks Rank [3][4] - Each stock is assigned a rating from A to F, with A indicating the highest potential for outperforming the market [4] Value Score - The Value Style Score focuses on identifying undervalued stocks using financial ratios such as P/E, PEG, and Price/Sales [4] Growth Score - The Growth Style Score emphasizes a company's financial health and future growth potential, analyzing projected and historical earnings, sales, and cash flow [5] Momentum Score - The Momentum Style Score helps investors capitalize on price trends by evaluating recent price changes and earnings estimate revisions [6] VGM Score - The VGM Score combines the three Style Scores, providing a comprehensive rating based on value, growth, and momentum [7] Zacks Rank - The Zacks Rank is a proprietary model that uses earnings estimate revisions to guide investors in stock selection [8] - Stocks rated 1 (Strong Buy) have historically produced an average annual return of +25.41% since 1988, significantly outperforming the S&P 500 [9] Stock to Watch: Snap-On (SNA) - Snap-On Incorporated is a global provider of professional tools and equipment, currently rated 3 (Hold) with a VGM Score of B [13] - The company has a Growth Style Score of A, with a projected year-over-year earnings growth of 2.4% for the current fiscal year [14] - Recent upward revisions in earnings estimates have increased the Zacks Consensus Estimate to $19.21 per share, with an average earnings surprise of 3.8% [14]

Snap-on offers steady growth, top-tier profitability, and an attractive dividend at a discounted valuation. Founded 103 years ago, Snap-on (SNA -1.16%) has grown to become a vertically integrated behemoth selling tools, equipment, diagnostics, and repair solutions, primarily to automotive and industrial shops. The mission-critical nature of Snap-on's tools and its leadership position within its niche have combined to deliver total returns of around 11,500% since its initial public offering in 1972. The comp ...

Snap-on Incorporated (SNA) appears well-poised for growth, thanks to its solid business strategies. The company is focused on growth strategies, including enhancing the franchise network, improving relationships with repair shop owners and managers, and expanding into critical industries in emerging markets. Buoyed by such catalysts, shares of this current Zacks Rank #3 (Hold) company have gained 11.5% against the industry's 0.4% decline in the past three months. What's More to Know? Snap-on's emphasis on i ...

Have you evaluated the performance of Snap-On's (SNA) international operations during the quarter that concluded in March 2024? Considering the extensive worldwide presence of this tool and diagnostic equipment maker, analyzing the patterns in international revenues is crucial for understanding its financial resilience and potential for growth.In today's increasingly interconnected global economy, a company's ability to tap into international markets can be a pivotal factor in shaping its overall financial ...

Snap-on Inc. (SNA) has reported mixed first-quarter 2024 results, wherein earnings beat the Zacks Consensus Estimate while sales missed the same. Further, earnings advanced year over year while sales declined. Results have benefited from the continued positive business momentum and contributions from the company’s Value Creation plan.Snap-on’s earnings of $4.91 per share in first-quarter 2024surpassed the Zacks Consensus Estimate of $4.66. The figure also improved 6.7% from earnings of $4.60 per share in th ...

Nick Pinchuk Bret Jordan Bret Jordan Bret Jordan Bret Jordan Operator Operator Snap-on Incorporated (NYSE:SNA) Q1 2024 Earnings Conference Call April 18, 2024 10:00 AM ET Sara Verbsky – Vice President, Investor Relations Nick Pinchuk – Chief Executive Officer Aldo Pagliari – Chief Financial Officer Scott Stember – Roth MKM Christopher Glynn – Oppenheimer David MacGregor – Longbow Research Gary Prestopino – Barrington Research Luke Junk – Baird Sherif El-Sabbahy – Bank of America Bret Jordan – Jefferies I wo ...

For the quarter ended March 2024, Snap-On (SNA) reported revenue of $1.18 billion, down 0.1% over the same period last year. EPS came in at $4.75, compared to $4.60 in the year-ago quarter.The reported revenue represents a surprise of -0.98% over the Zacks Consensus Estimate of $1.19 billion. With the consensus EPS estimate being $4.66, the EPS surprise was +1.93%.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next ...