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How to Buy Snap On Stock

Snap On Inc

Snap On is a tool & accessory company located in Wisconsin, United States, which is part of the Industrials sector, and is traded under the ticker SNA on the NYSE exchange.

Snap On stock last closed at $296.22, down 0.24% from the previous day, and has increased 23.8% in one year. It has overperformed other stocks in the Tools & Accessories industry by 0.11 percentage points. Snap On stock is currently +30.68% from its 52-week low of $226.68, and -0.76% from its 52-week high of $298.49.

At the moment, there are 52.71M shares of SNA outstanding. The market value of SNA is $15.61B. In the past 24 hours, 241,380 SNA shares were traded.

How to Buy Snap On Stock

Not sure how to invest in Snap On stock? Here's how.
  1. Figure out where to buy Snap On stock: You need to decide on a stock brokerage, but don't worry - we've tested dozens of online brokerages and apps to help you choose where to buy Snap On stock.
  2. Sign up for a brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've selected.
  3. Put funds into your investment account: Pick your payment method and add your information.
  4. Analyze Snap On stock: The Snap On ticker symbol is SNA. Is Snap On stock a good investment? Should you buy shares of SNA? How do SNA's underlying business fundamentals look? Do top analysts think Snap On is a good buy? Why has SNA's stock price moved recently? (Hint: Our stock market research tools can help you evaluate if SNA is a good stock to buy).
  5. Make your SNA buy order: Decide if you will purchase SNA shares at the current market price or use a limit order to buy SNA stock at a particular price.
  6. Monitor your SNA investment: Create a watchlist to monitor your investment in Snap On shares.

Step 1: Figure out where to buy Snap On stock

You will need an online brokerage account to access the NYSE market and buy SNA shares.

A brokerage account allows you to buy and sell a number of investments, such as stocks, bonds, mutual funds, and ETFs.

Our preferred brokerage: eToro

Based on our analysis, eToro is the best stock brokerage. eToro gives you:

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  • Social investing: eToro offers a community of more than 20 million users worldwide. Talk to, learn from, and copy the unique crypto portfolios of other investors.
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Get $10 towards your share purchase by creating an account with eToro now.

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Step 2: Sign up for a brokerage account

Now that you've chosen your brokerage, you'll need to fill out some personal information so you are able to buy SNA stock today.

How to Start a New Account on eToro

  1. Click here to get started.
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  2. Provide your personal details to start your new brokerage account.
  1. Submit your info by pressing the "Create Account" button.
  2. Get started with eToro today
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Step 3: Put funds into your investment account

Now that you've finished signing up on a investment app, your next step is to transfer the money for your investment:

Check out the walkthrough below for more details depositing funds into your brokerage account.

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Step 4: Analyze Snap On stock

Once you have selected the best place to buy Snap On stock, it's very important to evaluate their stock prior to investing, so you actually understand the risk as well as the opportunity.

Snap On shares quick numbers

SNA Price
$296.22
1w %
1.04%
1y %
23.8%
5y %
91.55%
P/E
15.5x
P/B
3.08x
P/S
3.07x
PEG
N/A
Revenue
$5.11B
Earnings
$1.01B
Fore. Rev. Growth
-0.95%
Fore. Earn. Growth
-4.88%
Market Cap
$15.61B
Next Earnings
Apr 18, 2024
Next Dividend
N/A

SNA Fundamentals

WallStreetZen was built to help average investors perform more in-depth fundamental analysis quickly.

You can see all of the due diligence checks on SNA's stock page.

Is SNA stock undervalued?

Analysts use many financial metrics, analyses, models, and charts to gauge SNA's intrinsic value.

Using relative valuations ratios:

  • SNA may be overvalued based on its P/E ratio of 15.5x, relative to Tools & Accessories industry P/E ratio of 3.88x
  • SNA may be overvalued based on its P/B ratio of 3.08x, relative to Tools & Accessories industry P/B ratio of 2.93x

You can do additional valuation research on SNA's stock here.

SNA Financial Overview

Passed Financial Due Diligence Checks:

  • SNA's operating cash flow of $1.15B allows it to safely service it's debt of $1.25B.
  • There are more short-term assets than long-term liabilities on the SNA balance sheet.
  • SNA earnings of $1.35B is not enough to cover its interest payments.
  • Total SNA debt is lower than 5 years ago, relative to shareholder equity.
  • SNA profit margin has gone up from 18.8% to 19.8% in the past year.
  • There are more short-term assets than short-term liabilities on the SNA balance sheet.

Failed Financial Due Diligence Checks:

  • SNA has a relatively high debt to equity ratio of 0.48.

Is it a good time to buy Snap On stock, according to Wall Street analysts?

Out of 4 Wall Street analysts who monitor SNA, the consensus analyst rating on SNA is a Buy

Please keep in mind that analyst forecasts are not stock recommendations, nor are they investment advice.

You can dive deeper into what analysts are projecting on the Snap On stock forecast page.

Metrics for Advanced SNA Traders

SMA10
291.86
SMA20
290.59
SMA50
283.96
SMA100
281.77
SMA200
274.73
MACD
3.68
MACD Signal
3.38
MACD Histogram
0.3
RSI
63.12
Stochastic %K
73.42
Stochastic %D
64.73
StochRSI %K
52
StochRSI %D
38.58

SNA Performance Metrics

Last year, SNA earnings were $1.01B. During the last 5 year, SNA's earnings have increased by 9.61% per year. This was faster than the Tools & Accessories industry average of 6.33%.

Last year, SNA revenue was $5.11B. In the past 5 year, SNA's revenue has grown by 4.65% per year. This was slower than the Tools & Accessories industry average of 6.71%.

Find out more about SNA's earnings and revenue performance here.

Are SNA insiders buying or selling the stock?

In the last year, executives and large shareholders at SNA have bought more shares than they have sold.

Nicholas T. Pinchuk, Chairman President and CEO of SNA, was the latest SNA insider to sell. They sold $725,570.24 worth of SNA shares on Mar 19, 2024.

Get more info about who owns SNA shares here.

Can I rely on SNA as an income stream?

Snap On pays a dividend of 2.35%, compared to the Tools & Accessories industry's average dividend yield of 2.24%. If you owned $1,000 worth of SNA stock, you would have received $23.50 in the past 12 months.

Snap On dividend payments have consistently grown over the past decade and have remained stable.

Dig into more data about Snap On dividend yield and history here.

What others are saying about SNA

One of the biggest reasons eToro is our highest-rated brokerage is because of its social trading community.

Click below to see what other investors have to say.

Step 5: Make your SNA buy order

You have two main order types:

  • Market order: A market order is an order to buy or sell a stock at the best price on the market.
    Market orders are generally sufficient.
  • Limit order: A limit order lets you buy or sell a stock at a specific price (or better).
    If you want to ensure you're buying or selling at a given dollar amount, place a limit order.

Hit the Open Trade button and eToro will place your order.

If you need more help investing in stocks on eToro, watch the helpful video below:

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Step 6: Monitor your SNA investment

Now that you own some shares in SNA, you'll want to stay up-to-date on your new shares.

Create a watchlist to track your SNA stock.

SNA Feed

How to Buy Stock in Snap On

To summarize, here are the 6 steps you need to take to buy Snap On stock right now:

  1. Figure out where to buy Snap On stock
  2. Sign up for a brokerage account
  3. Put funds into your investment account
  4. Analyze Snap On stock
  5. Make your SNA buy order
  6. Monitor your SNA investment

If you need a brokerage account, eToro is our favorite venue.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

If you want to watch your new investment in Snap On, create a watchlist on WallStreetZen today.

NYSE: SNA
$296.22-0.72 (-0.24%)
Updated Mar 28, 2024
Open eToro Account
NYSE: SNA
$296.22-0.72 (-0.24%)
Updated Mar 28, 2024
Open eToro Account

FAQ

How much does it cost to buy one Snap On share?

As of Mar 28, 2024, it costs $296.22 to buy one share of Snap On stock.

Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $100, you can buy 0.338 shares of SNA.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

Is now a good time to buy Snap On stock?

According to 4 Wall Street analysts who monitor Snap On, their consensus recommendation is to buy Snap On stock.

What is the best way to buy Snap On stock?

One way to place an order for Snap On stock is with a brokerage account.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.