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Snap-on Incorporated's Impressive Financial Performance
Financial Modeling Prep· 2025-10-16 20:00
Core Insights - Snap-on Incorporated reported an impressive earnings per share (EPS) of $5.09, exceeding the estimated EPS of $4.59, showcasing strong profit generation capabilities [2][4][6] - The company achieved a revenue of $1.19 billion in the third quarter of 2025, reflecting a 3.8% increase year-over-year and surpassing the Zacks Consensus Estimate of $1.15 billion by 3.49% [3][4] Financial Performance - Snap-on's EPS for the third quarter was $5.09, up from $4.77 in the previous year, and it has exceeded consensus EPS estimates three out of the last four quarters [4][6] - The company reported actual revenue of $1.19 billion, which was below the estimated $1.24 billion, yet the strong EPS performance remains a highlight [2] Financial Ratios - Snap-on maintains a price-to-earnings (P/E) ratio of approximately 12.42 and a price-to-sales ratio of about 3.76, indicating a strong financial position [5][6] - The company's debt-to-equity ratio is about 0.22, and it has a current ratio of approximately 4.40, demonstrating strong liquidity and a relatively low level of debt compared to equity [5]
Snap-On (SNA) Q3 Earnings and Revenues Top Estimates
ZACKS· 2025-10-16 12:46
Core Insights - Snap-On (SNA) reported quarterly earnings of $4.71 per share, exceeding the Zacks Consensus Estimate of $4.59 per share, and showing a slight increase from $4.70 per share a year ago, resulting in an earnings surprise of +2.61% [1] - The company achieved revenues of $1.19 billion for the quarter ended September 2025, surpassing the Zacks Consensus Estimate by 3.49% and up from $1.15 billion year-over-year [2] - Snap-On has outperformed consensus EPS estimates three times in the last four quarters and has also topped revenue estimates three times during the same period [2] Earnings Outlook - The current consensus EPS estimate for the upcoming quarter is $4.83 on revenues of $1.22 billion, while the estimate for the current fiscal year is $18.69 on revenues of $4.69 billion [7] - The company's earnings outlook will be influenced by management's commentary during the earnings call, which is crucial for understanding future stock performance [3][4] Stock Performance - Snap-On shares have declined approximately 2% since the beginning of the year, contrasting with the S&P 500's gain of 13.4% [3] - The stock currently holds a Zacks Rank 3 (Hold), indicating it is expected to perform in line with the market in the near future [6] Industry Context - The Tools - Handheld industry, to which Snap-On belongs, is currently ranked in the top 39% of over 250 Zacks industries, suggesting a favorable outlook compared to lower-ranked industries [8]
Snap-on's Pre-Q3 Earnings Reveal Positive Trends: What's in Store?
ZACKS· 2025-10-10 16:35
Core Insights - Snap-on Incorporated (SNA) is expected to report a decline in earnings for Q3 2025, with a revenue estimate of $1.16 billion, reflecting a 0.8% increase year-over-year, while earnings per share are projected to decline by 2.6% to $4.58 [1][10] Financial Performance - The consensus estimate for quarterly earnings has remained unchanged at $4.58 per share over the past 30 days, indicating a decline from the previous year [1] - Snap-on has a negative trailing four-quarter earnings surprise of 0.2% on average, but achieved a positive earnings surprise of 2.4% in the last reported quarter [2] Business Strategy and Growth Factors - The company is enhancing its business model through initiatives focused on safety, service quality, customer satisfaction, and innovation [3] - Snap-on's strategic growth agenda includes expanding its franchise network, strengthening relationships with repair shop owners, and increasing its presence in emerging markets [3] - The focus on Rapid Continuous Improvement aims to boost efficiency, control costs, and enhance organizational performance [4] Market Dynamics - Management remains optimistic about the auto repair sector, driven by increased household spending on vehicle maintenance, higher repair volumes, and rising technician wages [5] - The Repair Systems & Information Group segment is expected to see a 5% year-over-year revenue growth due to its expanding presence with OEM dealerships and independent garages [6] - The Tools Group segment is showing signs of recovery, with a projected 1% decline in revenues for Q3, supported by improving U.S. demand [7] Challenges and External Factors - Snap-on faces macroeconomic headwinds, including geopolitical tensions and economic disruptions in Europe and Asia, particularly China, which are expected to impact performance [10][11] - The company is dealing with persistent cost inflation from rising raw material and operational expenses, which poses risks to profitability [9][10] Valuation and Market Position - Snap-on's stock is trading at a forward 12-month price-to-earnings ratio of 17.15X, which is below its five-year high and near the industry average, indicating an attractive investment opportunity [13] - Over the past three months, Snap-on shares have gained 4.5%, compared to the industry's 5.9% growth [15]
The Toro Company (NYSE:TTC) Q3 Earnings Overview
Financial Modeling Prep· 2025-09-05 05:00
Core Insights - Toro Company reported Q3 earnings with an EPS of $1.24, exceeding the estimated $1.22 and improving from $1.18 in the same quarter last year [1][5] - The company's revenue for the quarter was $1.13 billion, surpassing the estimated $1.05 billion but falling short of the previous year's $1.16 billion and the Zacks Consensus Estimate by 2.02% [2][5] - Toro has consistently exceeded consensus EPS estimates three times over the past four quarters, indicating strong earnings performance [2] Financial Metrics - Toro's price-to-earnings (P/E) ratio is approximately 20.17, reflecting market valuation of its earnings [3] - The price-to-sales ratio stands at about 1.75, indicating investor willingness to pay per dollar of sales [3] - The enterprise value to sales ratio is around 1.98, showing the company's total valuation relative to its sales [3] Financial Health - The debt-to-equity ratio is approximately 0.82, indicating a moderate level of debt compared to equity [4] - The current ratio of about 1.81 suggests Toro's ability to cover its short-term liabilities with its short-term assets [4] - An earnings yield of about 4.96% provides a comprehensive view of Toro's financial standing and investment potential [4]
Toro (TTC) Tops Q3 Earnings Estimates
ZACKS· 2025-09-04 14:41
Core Viewpoint - Toro (TTC) reported quarterly earnings of $1.24 per share, exceeding the Zacks Consensus Estimate of $1.22 per share, and showing an increase from $1.18 per share a year ago, representing an earnings surprise of +1.64% [1] - The company posted revenues of $1.13 billion for the quarter ended July 2025, which was below the Zacks Consensus Estimate by 2.02% and a decrease from $1.16 billion year-over-year [2] Group 1: Earnings Performance - Toro has surpassed consensus EPS estimates three times over the last four quarters [2] - The earnings surprise for the previous quarter was +2.9%, with actual earnings of $1.42 per share against an expected $1.38 [1][2] Group 2: Revenue Performance - The company has not been able to beat consensus revenue estimates over the last four quarters [2] - The current consensus EPS estimate for the upcoming quarter is $0.96 on revenues of $1.04 billion, and for the current fiscal year, it is $4.23 on revenues of $4.51 billion [7] Group 3: Stock Performance and Outlook - Toro shares have increased by about 0.5% since the beginning of the year, while the S&P 500 has gained 9.6% [3] - The stock currently holds a Zacks Rank 3 (Hold), indicating expected performance in line with the market in the near future [6] Group 4: Industry Context - The Tools - Handheld industry, to which Toro belongs, is currently in the top 40% of over 250 Zacks industries, suggesting a favorable industry outlook [8]
Snap-on Gears Up for Q2 Earnings: What Lies Ahead for the Stock?
ZACKS· 2025-07-11 17:31
Core Viewpoint - Snap-on Incorporated (SNA) is expected to report declines in both revenue and earnings for the second quarter of 2025, with a revenue estimate of $1.2 billion, reflecting a 2.2% decrease from the previous year [1] Financial Performance - The consensus estimate for quarterly earnings is stable at $4.61 per share, indicating a 6.1% decline from the same quarter last year [2] - Snap-on has experienced a negative trailing four-quarter earnings surprise of nearly 1% on average, with a notable negative surprise of 6.2% in the last reported quarter [2] Influencing Factors - The company is focusing on enhancing value creation through initiatives in safety, service quality, customer satisfaction, and innovation, including expanding its franchise network and increasing its presence in emerging markets [3] - Snap-on's innovation pipeline remains strong, with ongoing investments in product development and global brand expansion [3] Challenges - External challenges include macroeconomic headwinds, geographic pressures in key industries, and geopolitical disruptions, which are likely impacting performance [4] - The Tools Group unit has been sluggish due to lower activity in U.S. operations and adverse foreign currency translations, with an estimated 4% decline expected in the second quarter [5] - Rising raw material and operational costs continue to pose risks to profitability [4][9] Market Position - Despite challenges, Snap-on's manufacturing strategy allows for quick adjustments to evolving production landscapes, with expected resilience in the automotive repair sector due to increased household spending on repairs [6] - The Repair Systems & Information Group is predicted to see a 3% rise in the second quarter [6] Valuation - Snap-on's stock is trading at a forward 12-month price-to-earnings ratio of 16.54x, which is below its five-year high of 18.63x and the industry average of 17.50x, presenting an attractive investment opportunity [8] Recent Performance - Over the past three months, Snap-on's shares have decreased by 4.8%, compared to a 0.8% drop in the industry [10]
Why Toro (TTC) is a Top Dividend Stock for Your Portfolio
ZACKS· 2025-07-02 16:52
Company Overview - Toro (TTC) is headquartered in Bloomington and operates in the Consumer Discretionary sector, experiencing a price change of -7.97% year-to-date [3] - The company currently pays a dividend of $0.76 per share, resulting in a dividend yield of 2.06%, which is slightly below the Tools - Handheld industry's yield of 2.15% and above the S&P 500's yield of 1.54% [3] Dividend Performance - Toro's annualized dividend of $1.52 has increased by 5.6% from the previous year, with a history of five dividend increases over the last five years, averaging an annual increase of 10.22% [4] - The company's current payout ratio is 36%, indicating that it distributes 36% of its trailing 12-month earnings per share as dividends [4] Earnings Outlook - For the fiscal year, Toro is expected to achieve solid earnings growth, with the Zacks Consensus Estimate for 2025 projected at $4.23 per share, reflecting a 1.44% increase from the previous year [5] Investment Considerations - Toro is considered a compelling investment opportunity due to its strong dividend profile and current Zacks Rank of 3 (Hold), appealing to income investors despite the challenges posed by rising interest rates [7]
Toro (TTC) Could Be a Great Choice
ZACKS· 2025-06-16 16:51
Company Overview - Toro (TTC) is headquartered in Bloomington and operates in the Consumer Discretionary sector [3] - The stock has experienced a price decline of 15.92% since the beginning of the year [3] - Toro currently pays a dividend of $0.38 per share, resulting in a dividend yield of 2.26%, which is higher than the Tools - Handheld industry's yield of 2.14% and the S&P 500's yield of 1.57% [3] Dividend Performance - The current annualized dividend of Toro is $1.52, reflecting a 5.6% increase from the previous year [4] - Over the past five years, Toro has raised its dividend five times, achieving an average annual increase of 10.22% [4] - The company's payout ratio stands at 36%, indicating that it distributes 36% of its trailing 12-month earnings per share as dividends [4] Earnings Growth - The Zacks Consensus Estimate for Toro's earnings per share for the fiscal year 2025 is $4.23, which signifies a year-over-year growth rate of 1.44% [5] Investment Considerations - Dividends are favored by investors for various reasons, including tax advantages and reduced overall portfolio risk [6] - High-growth firms or tech start-ups typically do not offer dividends, while established companies with stable profits are often preferred for dividend investments [7] - Despite the challenges high-yielding stocks may face during rising interest rates, Toro presents a compelling investment opportunity as a strong dividend play [7]
Toro (TTC) Q2 Earnings Beat Estimates
ZACKS· 2025-06-05 14:41
Company Performance - Toro reported quarterly earnings of $1.42 per share, exceeding the Zacks Consensus Estimate of $1.38 per share, and showing a slight increase from $1.40 per share a year ago, representing an earnings surprise of 2.90% [1] - The company posted revenues of $1.32 billion for the quarter ended April 2025, which was below the Zacks Consensus Estimate by 1.94%, and a decrease from $1.35 billion in the same quarter last year [2] - Over the last four quarters, Toro has surpassed consensus EPS estimates two times but has not beaten revenue estimates during this period [2] Stock Outlook - Toro shares have declined approximately 5.6% since the beginning of the year, contrasting with the S&P 500's gain of 1.5% [3] - The company's earnings outlook is mixed, with the current consensus EPS estimate for the upcoming quarter at $1.23 on revenues of $1.15 billion, and for the current fiscal year at $4.30 on revenues of $4.62 billion [7] - The Zacks Rank for Toro is currently 3 (Hold), indicating that the shares are expected to perform in line with the market in the near future [6] Industry Context - The Tools - Handheld industry, to which Toro belongs, is currently ranked in the bottom 10% of over 250 Zacks industries, suggesting potential challenges for stock performance [8] - Empirical research indicates a strong correlation between near-term stock movements and trends in earnings estimate revisions, which could impact Toro's stock performance [5]
Why Toro (TTC) is a Great Dividend Stock Right Now
ZACKS· 2025-05-13 16:45
Company Overview - Toro (TTC) is a Consumer Discretionary stock headquartered in Bloomington, with a year-to-date price change of -5.37% [3] - The company currently pays a dividend of $0.38 per share, resulting in a dividend yield of 2.01%, which is slightly below the Tools - Handheld industry's yield of 2.11% and the S&P 500's yield of 1.53% [3] Dividend Performance - Toro's annualized dividend of $1.52 has increased by 5.6% from the previous year [4] - Over the last five years, Toro has raised its dividend five times, achieving an average annual increase of 10.22% [4] - The company's current payout ratio is 36%, indicating that it distributes 36% of its trailing 12-month earnings per share as dividends [4] Earnings Outlook - Toro is expected to see earnings growth in the current fiscal year, with the Zacks Consensus Estimate for 2025 at $4.31 per share, reflecting a year-over-year growth rate of 3.36% [5] Investment Considerations - Dividends are favored by investors as they enhance stock investing profits, reduce overall portfolio risk, and offer tax advantages [6] - While high-yielding stocks may face challenges during periods of rising interest rates, Toro is positioned as an attractive dividend play and a compelling investment opportunity, holding a Zacks Rank of 2 (Buy) [7]