Snap-On Q4 EPS beats estimates

Overview

• Tool maker's Q4 revenue rose 2.8%, meeting analyst expectations

• Company noted improved customer activity in critical industries

Outlook

• Snap-on expects 2026 capital expenditures to approximate $100 mln

• Company anticipates 2026 effective income tax rate between 22% and 23%

• Snap-on plans to expand customer base in automotive repair and adjacent markets

Result Drivers

• CRITICAL INDUSTRIES - Sales gains in critical industries and higher activity in power tools and specialty torque operations drove growth in the Commercial & Industrial Group

• TOOLS GROUP - Snap-On Tools Group saw a decline in U.S. sales, partially offset by higher international sales

• FINANCIAL SERVICES - Increased financial services revenue and operating earnings contributed to overall performance

Key Details

*Applies to a deviation of less than 1%; not applicable for per-share numbers.

Analyst Coverage

• The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 4 "strong buy" or "buy", 6 "hold" and 1 "sell" or "strong sell"

• The average consensus recommendation for the industrial machinery & equipment peer group is "buy."

• Wall Street's median 12-month price target for Snap-On Inc is $367.50, about 4% below its February 4 closing price of $382.91

• The stock recently traded at 19 times the next 12-month earnings vs. a P/E of 17 three months ago

Press Release: ID:nBw3D0BTDa

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