Professional
Added to YB: 2024-08-15
Pitch date: 2024-06-30
SNA [bullish]
Snap-on Incorporated
+45.82%
current return
Author Info
No bio for this author
Company Info
Snap-on Incorporated manufactures and markets tools, equipment, diagnostics, and repair information and systems solutions for professional users worldwide.
Market Cap
$18.9B
Pitch Price
$251.17
Price Target
N/A
Dividend
2.69%
EV/EBITDA
12.96
P/E
18.93
EV/Sales
3.60
Sector
Machinery
Category
alue
Ariel Focused Value Portfolio Holding: Snap-on Incorporated
SNA: Mixed earnings, softer tools growth offset by solid margins. Mechanics favor lower-priced tools, franchisees destocking. SNA redirecting efforts to match preferences. Automotive repair industry favorable due to aging vehicles & tech complexity. SNA's value proposition remains strong with ongoing product innovation for OEM needs.
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