Snap-on (SNA)
NYSEIndustrialsManufacturing - Tools & AccessoriesSnapshot 2026-11-04
NYSEIndustrialsManufacturing - Tools & AccessoriesSnapshot 2026-11-04
QuarterlyIQ Insights · SNA
What must go right, what could break, what the price assumes, and what evidence comes next.
The current health of the standing investment case.
Recent financial performance is holding in the top half of its industry — the reason to own it looks intact.
One-year growth currently built into the price, compared with our model's estimate.
| Measure | Marker shape | Value |
|---|---|---|
| Growth built into the price | circle | 0.7% |
| Our one-year growth estimate | diamond | -3.0% |
For each item: what to watch, what would become a concern, and what would make it less concerning.
A reporting-risk estimate, not a forecast of the stock-price response.
Historical relationships that met the evidence threshold. They do not prove cause or forecast a move.
Usually moved in the same direction.
Price observations: 365 days
Usually moved in the opposite direction.
Price observations: 365 days
Most sensitive to the broad stock market and long-term interest rates.
Based on historical daily prices through 2026-11-04.
Past price behavior in dollars on a $10,000 position. This does not measure permanent business risk.
How much price usually moves either way.
A larger daily loss that occurred about once in every 20 trading days.
Use the underlying financial and sector pages to investigate the cause.
Not investment advice. Scores describe historical and current data; they are not forecasts of future returns. Consult a licensed advisor before making investment decisions.
Growth built into the price is above our model estimate.
The price assumes 3.6 percentage points more one-year growth.
The one-year revenue growth assumption on Valuation.
Model as of 2026-11-04 · Compared with 3 industry peers · Company calendar date is not available
SNA — earnings miss
Dated 2026-10-22
Results of Operations and Financial Condition On October 22, 2026, Snap-on Incorporated (the “Corporation”) issued a press release announcing results for its third quarter ended October 3, 2026. The text of the press release is furnished herewith as Exhibit 99 to this Current Report on Form 8-K. The press release contains cautionary statements identifying important factors that could cause actual results of the Corporation to differ materially from those described in any forward-looking state…
Why it matters: Snap-on reported $69.0 million spent in the first nine months against its $100 million plan. The year-end figure will show if spending stayed on plan.
Watch forFull-year 2026 capital spending is close to $100 million, within 10% of the stated plan.
Also watch forFull-year 2026 capital spending is less than $90 million or more than $110 million.
Why it matters: Management put the 2026 tax rate near 22%; Q3 came in at 22.3%. The full-year rate will test that estimate.
Watch forThe reported full-year 2026 effective tax rate is between 21.5% and 22.5%.
Also watch forThe reported full-year 2026 effective tax rate is below 21.5% or above 22.5%.
Why it matters: Q3 Tools sales fell 7.0% organically as franchisees cut van stock. A rebound would support management’s view that this pressure can pass.
Supportive ifSnap-on Tools organic sales rise from the prior-year level in the next reported quarter.
Worry ifSnap-on Tools organic sales fall at least 7.0% year over year again.
Why it matters: Q3 sales declined, but gross margin held at about 51.0%. Keeping that level would show margins remain firm during weak sales.
Watch forQ4 gross margin is at least 51.0%.
Also watch forQ4 gross margin falls below 50.0%.
We watch for confirming and disproving signals on each item. Resolutions are found automatically where possible and checked by hand for unclear cases. Last 90 days shown.
Deepest peak-to-trough drop in the last year.
| Measure | Value | Meaning |
|---|---|---|
| Typical day | ±$62 on $10,000 · ±0.6% | How much price usually moves either way. |
| Bad day | $186 loss on $10,000 · 1.9% | A larger daily loss that occurred about once in every 20 trading days. |
| Largest peak-to-trough drop in the past year | $1,519 loss on $10,000 · 15.2% | Deepest peak-to-trough drop in the last year. |
Past year. 1.00 means similar movement; 1.20 means about 20% more.
Past year. 1.00 means similar movement to the sector. This is secondary context.
Latest 30 trading days, shown as an annual percentage.
Latest 252 trading days, shown as an annual percentage.
20-trading-day average in US dollars.
Trading days used by the source risk snapshot.
Past results, not a forecast. Not investment advice.