NYSE:SNAMachinery
Is It Too Late To Consider Snap-on (SNA) After Its Strong Multi-Year Share Price Run?
If you have been wondering whether Snap-on is still reasonably priced after its strong run, this article walks through what the current share price could mean for value focused investors.
At a last close of US$370.80, Snap-on has logged returns of 1.1% over 7 days, 3.7% over 30 days, 5.7% year to date, 12.1% over 1 year, 61.0% over 3 years and 122.1% over 5 years. This naturally raises questions about how much value is already reflected in the price.
Recent attention on Snap-on has centered...