Snap-on Incorporated (SNA) has been persisently prominent in investment news. Notably, the firm is set to go ex-dividend on August 19th. The company is also continuing to authorize a robust $500 million share repurchase, a move that is being matched by significant purchases from life insurance firm Manning & Napier Advisors LLC, which bought 17,487 Snap-on shares. Recent analyst consensus, however, holds that Snap-On is a solid firm yet advises to wait for a better entry point. While Q2 earnings and revenues missed estimates, data suggests that investors who had faith in the firm 15 years ago have significantly profited, turning $1000 into a lucrative sum. Meanwhile, Snap-On's quarterly dividend sees an issue of $1.86. Despite some weakness in the stock recently, the financials remain strong, and the second quarter results for fiscal 2024 are expected soon. Although there's little excitement around Snap-On's earnings, there are suggestions that Snap-On is a solid long-term growth stock. Investment 5 years ago would have yielded a 101% gain.
Snap-on Incorporated SNA News Analytics from Mon, 25 Jun 2018 12:12:52 GMT to Sun, 11 Aug 2024 01:21:14 GMT -
Rating 6
- Innovation 3
- Information 8
- Rumor -4
