Snap-on Inc
SNA: XNYS (USA)
Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
---|---|---|---|
$512.00 | Fqmmzhp | Qkjlypv |
Snap-on Earnings: We See Near-Term Demand Remaining Soft, but We’re Still Optimistic Long Term
We raised our fair value estimate by 2% to $231 per share from $226. About half of the fair value estimate increase was attributed to the time value of money since our last update. We also increased our long-term estimates of profitability in the tools group.