SNA

Snap-on Incorporated ·NYSE·Industrials
408.37 live · 2026-08-12 15:59

Some scores are at the bottom of their range

This score sits at the bottom of the 0–100 range. The underlying calculation was negative, so the displayed value is a floor, not a measurement of zero.

  • Tactical Score: displayed 0, underlying value -32.0
23.4%
Brown Bear Score
45.3%
Business Conviction Score
17.6%
Position Health Score
25.5%
Chase Risk
Daily closes

Daily closes · 1Y (252 sessions) · +25.5% · range 321.38–419.31

The Businesswhat the company reports

Business & cash flow

OCF / assets 12.9%
FCF / revenue 21.0%
Gross margin 51.8%
ROIC 18.5%
Forward P/E 19.1

This company does not report capital expenditure in the standard filing tag, so free cash flow cannot be derived and FCF/assets is not shown — common for asset managers, REITs, insurers and utilities. OCF/assets is shown instead, and it is the other measure Brown Bear's testing found to survive. Assets are from the latest annual filing (FY2025).

Price vs Earnings growth

Price has run ahead of forward EPS growth by 15.7pp

Confidence 95.0/100

Takeaway Price has moved further than forward earnings growth currently justifies — worth weighing against the rest of the entry case.

Reported earnings

Next report 2026-10-14 · consensus EPS 5.02

Q3 23 revenue: 1.15bnQ3 23 net income: 243.10mQ3 23 EPS: 4.51Q4 23 revenue: 1.19bnQ4 23 net income: 255.30mQ4 23 EPS: 4.74Q4 23Q1 24 revenue: 1.18bnQ1 24 net income: 263.50mQ1 24 EPS: 4.91Q2 24 revenue: 1.17bnQ2 24 net income: 271.20mQ2 24 EPS: 5.07Q2 24Q3 24 revenue: 1.14bnQ3 24 net income: 251.10mQ3 24 EPS: 4.70Q4 24 revenue: 1.19bnQ4 24 net income: 258.10mQ4 24 EPS: 4.82Q4 24Q1 25 revenue: 1.13bnQ1 25 net income: 240.50mQ1 25 EPS: 4.51Q2 25 revenue: 1.17bnQ2 25 net income: 250.30mQ2 25 EPS: 4.72Q2 25Q3 25 revenue: 1.18bnQ3 25 net income: 265.40mQ3 25 EPS: 5.02Q1 26 revenue: 1.22bnQ1 26 net income: 260.70mQ1 26 EPS: 4.92Q1 26Q2 26 revenue: 1.20bnQ2 26 net income: 247.00mQ2 26 EPS: 4.69Q3 26 revenue: 1.23bnQ3 26 net income: 260.60mQ3 26 EPS: 4.96Q3 26

Revenue Net incomeEPS (GAAP) (4.51–5.07, own scale) Derived Q4

12 quarters to Q3 26. Revenue and net income share one scale, so the gap between them is the margin. The line is GAAP EPS — it spans every quarter shown, where the reported figure only goes back as far as the consensus feed does.

Quarter endingRevenueYoY Net incomeEPS (GAAP) EPS reportedvs consensus Filed
2026-07-04 1.23bn +4.7% 260.60m 4.96 4.96 -0.8% 2026-07-23
2026-04-04 1.20bn +5.7% 247.00m 4.69 4.69 -2.3% 2026-04-23
2026-01-03 (derived) 1.22bn +2.7% 260.70m 4.92 4.94 -0.5% 2026-02-12
2025-09-27 1.18bn +3.8% 265.40m 5.02 2025-10-16

Earnings response

Typical move around a filing ±4.0%
On an ordinary two days ±1.0% — filings move it 3.9× as much
Direction 5 up, 7 down over 12 filings
Revenue change and price reaction, by quarter
Q4 22 revenue +6.3% year on yearQ4 22 filed 2022-10-20: price -2.8%Q2 23 revenue +7.7% year on yearQ2 23 filed 2023-04-20: price +9.7%Q2 23Q3 23 revenue +4.8% year on yearQ3 23 filed 2023-07-20: price -6.4%Q3 23 revenue +5.1% year on yearQ3 23 filed 2023-10-19: price +1.0%Q3 23Q1 24 revenue -0.1% year on yearQ1 24 filed 2024-04-18: price -5.2%Q2 24 revenue -1.1% year on yearQ2 24 filed 2024-07-18: price -1.8%Q2 24Q3 24 revenue -1.1% year on yearQ3 24 filed 2024-10-17: price +9.4%Q1 25 revenue -3.6% year on yearQ1 25 filed 2025-04-17: price -11.9%Q1 25Q2 25 revenue -0.1% year on yearQ2 25 filed 2025-07-17: price +7.6%Q3 25 revenue +3.8% year on yearQ3 25 filed 2025-10-16: price +2.2%Q3 25Q2 26 revenue +5.7% year on yearQ2 26 filed 2026-04-23: price -1.0%Q3 26 revenue +4.7% year on yearQ3 26 filed 2026-07-23: price -0.5%Q3 26

Revenue up year on year Revenue down Price move around the filing separate scales — a crossing means nothing

Quarter endingFiledRevenue YoY Move around filingNext 20 sessions vs SPY
2026-07-04 2026-07-23 +4.7% -0.5%
2026-04-04 2026-04-23 +5.7% -1.0% -6.9%
2025-09-27 2025-10-16 +3.8% +2.2% -4.0%
2025-06-28 2025-07-17 -0.1% +7.6% -5.7%

Share count

Diluted shares over time

Diluted shares Return since the previous filing

Direction Flat — little net change
Diluted shares 52.5M as at 2026-07-04
Change over 1 year -0.9%
Change over 3 years -2.7%
Public float $15.90bn as at 2025-06-28 (10-K)

The Pricewhat the chart is doingTop ↑

Price Levels

StrategyFair Value Anchor
Reference band 383.99 — 410.48
Protective stop 376.86 (Atr, 5.1% risk)
Support 406.21 (2 touches, 0.5% away)
Resistance 419.19 (2.6% away)

Takeaway The shares are nearer the floor than the ceiling: about 0.5% above 406.21, a price buyers have stepped in at before, and 2.6% below 419.19, where sellers have turned up before. That floor has held 2 times, which is how it was spotted. If someone bought at today's price and sold if it dropped through the level below, they would be about 5.1% out of pocket. That is all this figure means — an illustration of the risk, not a price to sell at.

Levels are computed from price structure. They describe where the engine locates support and extension — they are not targets, and not advice.

Ichimoku Cloud (Adaptive)

Daily cloudPrice ABOVE the cloud | periods 8/22/45 (86% of classic 9/26/52)
LinesTenkan/Kijun BULL | cloud twist BULL
Cloud thickness22% percentile (thin — little structure to fight through)
Chikou spanAbove price from 26 periods ago
Weekly cloudPrice ABOVE the weekly cloud (context only, not scored)

Takeaway The stock is trading above its cloud — a shaded band drawn from several of its own moving averages, currently 400.30 to 403.16. Being above it means the medium-term picture is pointing upwards, and that band is the first place the stock has recent support if it slips back. Its shorter-term averages agree with that.

Trailing returns

21 days +0.9%
63 days +10.6%
126 days +8.2%
252 days +27.2%
Below 252d high2.6%

Trend context

PositionFar above trend
ExtensionExtremely extended
Trend slopeFlat
Direction of travelHolding its deviation

Takeaway Extreme upside extension above Kalman fair trend; entry risk is elevated.

Volatility

State In a squeeze
Current band width5.8% of price
Recent tightest5.7% (7 sessions ago, narrower than 93.0% of its history)
Expansion since1.02×
Band 398.79 — 422.43

Takeaway Lately this share price has been swinging around inside a range roughly 6% wide, and it recently went unusually quiet — calmer than it has been 93% of the time. When a stock goes quiet like this, its next move tends to look big by comparison. But quiet says nothing about which way it will go: Brown Bear tested calm-before-a-move as a reason to buy, and it did not work.

Historical trends

0255075100Share price 400.03–419.312026-07-032026-08-12
Position Health Business Conviction Share price

History begins when the site started recording, not when the company listed, so a short line means a short record and nothing more.

Repair Pathway

  1. Nearest Trigger EMA20 reclaim +0.4% gap is improving; chase risk lowers upgrade comfort · Broadly stable
  2. Trigger 2 MACD histogram acceleration turns positive repair trigger repair engine identifies this as the nearest technical repair catalyst; chase risk lowers upgrade comfort · Deteriorating
  3. Trigger 3 Volume confirmation above 1.2x +0.20x volume confirmation would improve confidence in the pathway; chase risk lowers upgrade comfort · Deteriorating
  4. Trigger 4 MACD bullish crossover secondary repair secondary repair catalyst could add confirmation if the primary trigger develops; chase risk lowers upgrade comfort · Deteriorating
  5. Trigger 5 Relative strength stabilisation state change relative momentum rank supports RS stabilisation; chase risk lowers upgrade comfort · Broadly stable

Who's Tradingthe flow behind the priceTop ↑

Insider activity

ActivityNo filings in the window
Buy filings0
Sell filings0

Open-market Form 4 purchases and sales over the last 75 days, read from SEC EDGAR Form 4. Grants, option exercises, gifts and shares withheld for tax are excluded — they are compensation mechanics, not a decision to buy or sell. Reported Form 4 activity. Brown Bear tested insider cluster-buying as a return signal and rejected it as era-unstable; shown as fact, not signal.

Volume confirmation

Volume-price trend Above its signal line
Confirmation Moderate

No absorption or distribution event in the recent window.

Takeaway More shares change hands on the days this stock rises than on the days it falls. That is what you would expect to see if the rise is being driven by real buying rather than drifting up on a thin market.

Options Positioning

No binary-event flag

SNA: no binary-event flag. Near IV 14%, far IV 30% (ratio 0.46), implied move 1.8%.

Implied volatility 14% near (9d) · 30% far (128d)
Term structure 0.46× near/far
Historical volatility 24%
Implied vs historical 0.59×
Implied move ±1.8% by 2026-08-21
Implied move vs ATR 0.29×
Skew Put Skew (1.54×)
Call wall 420.00 (+2.8% away)
Put wall 380.00 (-7.0% away)
Gamma pin 380.00

Takeaway Insuring against a move in this stock costs less for the next few weeks than for the next few months, which is the normal state of affairs and suggests no particular date is worrying anyone. Options traders are positioned for a move of around 1.8% in either direction by 2026-08-21.

Chain as at 2026-08-12. This is a risk read on whether a specific event is being priced — not a directional view.

Context & Methodthe record, and how it was builtTop ↑

Relative Rotation

ImprovingLeadingLaggingWeakeningvs sectorvs SPYsector vs SPYRS-Ratio →RS-Momentum →

Stock Rotation Headwind

Rotation health 19.3/100; Severe Rotation Headwind.

Rotation health 19.3
Rotation strength 72.9
LegQuadrantRS-RatioRS-Mom
Stock vs sector Lagging 75.7 88.9
Stock vs SPY Lagging 74.9 94.3
Sector vs SPY Improving 87.2 105.9

Direction of travel: South-West / deteriorating rotation

Position only. Brown Bear's RRG redesign programme is closed — five constructions, none beat an appropriate null — so this section describes where the name sits, and is not a signal.

News Headlines

  1. Loading headlines\u2026

Headlines are supplied by third-party feeds and are not written, ranked or interpreted by Brown Bear. They feed no score on this page.

Detailed Scoring

Positive signals

  • Piotroski F-score 5/9 (+10.0)
  • Altman Z-score 13.79 (+10.0)
  • Insider conviction score (+5.0)
  • Gross margin quality: 51.8% (+11.7)
  • ROIC quality: 18.5% (+11.6)
  • FCF margin quality: 21.0% (+14.0)
  • FCF margin improving by -2.9 pts (+-3.0)
  • High earnings quality (accrual ratio -0.008) (+2.0)
  • Track 1: bullish DI spread 3.0 (+1.0)
  • Track 1: relative momentum rank 0.66 (+2.3)
  • Track 1: EMA20 slope improving 0.4% (+0.9)
  • Track 1: RSI recovery 60.7, 5-day change +7.9 (+3.2)
  • Track 1: VPT strength 0.15 (+3.0)
  • Track 1: price above EMA50 by 1.8% (+1.2)
  • Track 1: EMA50 slope improving 1.5% (+2.9)
  • Track 1: EMA50 support proximity 1.8% (+3.5)
  • Track 1: EMA200 support proximity 8.9% (+0.8)
  • Track 1: Bollinger position 0.41 (+4.7)
  • Regime convergence: TREND_EXHAUSTION confidence 66.0/100 (EMERGING) (-13.2)

Negative signals

  • Track 1: weak MACD histogram (-0.95)
  • Track 1: weak volume confirmation (0.40x average)
  • Relative strength versus sector deteriorating
  • Track 1: negative 20-day momentum acceleration (-0.03)
  • Track 1: weak/falling ADX (13.2, falling)
  • Track 1: price below EMA20 by 0.4%
  • Track 1: MACD histogram deteriorating (-1.23)
  • Track 1: weak MACD line/signal structure (-8.0)
  • Track 1: MACD slope deteriorating (-3.0)
  • Gross margin improving by -0.1 pts (+-3.0)
  • ROIC improving by -2.0 pts (+-5.0)

Chase risk is not elevated for this name, so extension penalties are omitted from the negative signals above.