Snap-on Incorporated (SNA) is a Kenosha, Wisconsin-based industrial company that manufactures and markets premium tools, equipment, and diagnostic solutions for professional users across the automotive, aviation, marine, and industrial sectors. With a market cap of $16.3 billion, it operates through multiple segments, including Commercial & Industrial Group, Snap-on Tools Group, Repair Systems & Information Group, and Financial Services. 

The company is set to release its Q2 earnings on Thursday, Jul. 17. Ahead of the event, analysts expect SNA to report a profit of $4.61 per share on a diluted basis, down 6.1% from $4.91 per share in the year-ago quarter. The company has exceeded Wall Street's adjusted EPS projections in two of the past four quarters while missing on two other occasions.

For fiscal 2025, analysts expect Snap-on to report EPS of $18.71, down 2.5% from $19.19 in fiscal 2024. However, its EPS is expected to rebound 7% year over year to $20.01 in fiscal 2026. 

Snap-on’s shares have gained 20.1% over the past 52 weeks, outperforming the broader S&P 500 Index's ($SPX) 12.6% gains but slightly trailing the Industrial Select Sector SPDR Fund's (XLI) 20.5% returns over the same time frame.

On Apr. 17, shares of Snap-on plunged 8% after announcing Q1 earnings. Its softness in the Commercial & Industrial Group and Tools Group drove revenue down 3.5% year-over-year to $1.1 billion, missing consensus estimates by 5%. Earnings per share also declined 8.1% to $4.51, falling short of projections by 6.2%.

Nonetheless, analysts’ consensus opinion on SNA stock is cautiously optimistic, with an overall “Moderate Buy” rating. Of 10 analysts covering the stock, three advise a “Strong Buy” rating, one gives a “Moderate Buy,” five recommend a “Hold,” and one suggests a “Moderate Sell.”

SNA’s average analyst price target is $345, indicating that the stock trades at a premium of 10.9% above the current market price.