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Is this Large Market Cap Stock target price reasonable for Snap-on Incorporated (NYSE:SNA)?

The company in question is, Snap-on Incorporated (NYSE:SNA) currently with a stock price of 147.7 (1.19% today). The market cap for Snap-on Incorporated is 8626.83, and is in the sector Industrial Goods, and Small Tools & Accessories industry. The target price for Snap-on Incorporated is 174.67. Currently Snap-on Incorporated is trading with a P/E of 16.75, and a forward P/E of 14.66. Average volume for Snap-on Incorporated is 430.38 and so far today it is 218300.

Performance in the last year for Snap-on Incorporated has been -6.73%. For EPS growth, Snap-on Incorporated has seen a growth of 13.50%, and is looking to grow in the next year to 9.53%. More long term stats show that EPS growth has been 20.50% over the last five years and could be 10.00% for the next five years. Snap-on Incorporated has seen sales growth quarter over quarter at 3.40%, with EPS growth quarter over quarter at 16.20%. The 20-day simple moving average is -2.61%, with the 200-day simple moving average coming to -4.42%.

Since the IPO date for Snap-on Incorporated on the 07/01/1985, Snap-on Incorporated has seen performance year to date to be -13.83%. With Snap-on Incorporated trading at 147.7, the dividend yield is 1.67%, and the EPS is 8.72.

So could Snap-on Incorporated, be undervalued? Well as said before P/E is 16.75. The PEG is 1.67, P/S is 2.37 and the P/B is at 3.28. The P/cash is 71.95, with P/free cash flow at 24.65.

Snap-on Incorporated ability to deal with debt shows that the current ratio is 2.2, and the quick ratio is 1.6. This is with long term debt/equity at 0.28, and total debt/equity at 0.34.

In terms of margins, Snap-on Incorporated has a gross margin of 53.00%, an operating margin of 22.30% and a profit margin of 14.20%.Payout ratio for Snap-on Incorporated is 26.50%. Return on assets come to 11.60% with return on investment coming to 16.50%.

Insider ownership for Snap-on Incorporated, is at 0.20% and institutional ownership comes to 88.80%. Outstanding shares are at 59.1. While shares float is 57.56. The float short is currently 6.67%, and short ratio is 8.92.

Disclaimer: Remember there is a risk to your investment, this is not a recommendation, nor personal advice, never invest more than you are able too loose.

About the author

Peter Clarke

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