Media stories about Snap-On (NYSE:SNA) have trended somewhat positive this week, according to Accern. The research firm ranks the sentiment of press coverage by analyzing more than 20 million blog and news sources in real time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Snap-On earned a news sentiment score of 0.20 on Accern’s scale. Accern also gave press coverage about the company an impact score of 46.6245426129407 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the next few days.

These are some of the news stories that may have impacted Accern Sentiment’s analysis:

Several equities research analysts recently issued reports on the stock. B. Riley reaffirmed a “buy” rating on shares of Snap-On in a report on Wednesday, November 1st. Zacks Investment Research raised shares of Snap-On from a “hold” rating to a “buy” rating and set a $193.00 price target on the stock in a report on Wednesday. Jefferies Group reaffirmed a “hold” rating and set a $175.00 price target on shares of Snap-On in a report on Friday, November 3rd. BidaskClub lowered shares of Snap-On from a “sell” rating to a “strong sell” rating in a report on Wednesday, August 23rd. Finally, Barrington Research raised shares of Snap-On from a “market perform” rating to an “outperform” rating and set a $185.00 price target on the stock in a report on Monday, October 23rd. One analyst has rated the stock with a sell rating, two have given a hold rating and eight have given a buy rating to the company. Snap-On currently has a consensus rating of “Buy” and an average price target of $192.13.

Snap-On (SNA) traded up $2.59 during trading hours on Wednesday, reaching $174.94. 742,191 shares of the company traded hands, compared to its average volume of 610,830. The company has a current ratio of 1.75, a quick ratio of 1.22 and a debt-to-equity ratio of 0.26. Snap-On has a twelve month low of $140.83 and a twelve month high of $181.73. The firm has a market cap of $9,970.00, a P/E ratio of 17.42, a PEG ratio of 1.43 and a beta of 1.14.

Snap-On (NYSE:SNA) last posted its earnings results on Thursday, October 19th. The company reported $2.45 EPS for the quarter, topping the consensus estimate of $2.43 by $0.02. Snap-On had a net margin of 15.95% and a return on equity of 20.82%. The business had revenue of $903.80 million for the quarter, compared to the consensus estimate of $889.22 million. During the same period last year, the company earned $2.22 EPS. The firm’s revenue was up 8.4% compared to the same quarter last year. equities analysts predict that Snap-On will post 10.09 earnings per share for the current fiscal year.

The firm also recently announced a quarterly dividend, which was paid on Friday, December 8th. Investors of record on Friday, November 17th were given a dividend of $0.82 per share. The ex-dividend date of this dividend was Thursday, November 16th. This is an increase from Snap-On’s previous quarterly dividend of $0.71. This represents a $3.28 annualized dividend and a yield of 1.87%. Snap-On’s dividend payout ratio (DPR) is currently 33.71%.

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Snap-On Company Profile

Snap-on Incorporated is a manufacturer and marketer of tools, equipment, diagnostics, repair information and systems solutions. The Company’s segments include the Commercial & Industrial Group, the Snap-on Tools Group, the Repair Systems & Information Group, and Financial Services. The Commercial & Industrial Group consists of business operations serving a range of industrial and commercial customers, including customers in the aerospace, natural resources, government, power generation, transportation and technical education markets.

Insider Buying and Selling by Quarter for Snap-On (NYSE:SNA)

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