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With a market cap of $17.2 billion, Snap-on Incorporated (SNA) is a global leader in manufacturing and marketing tools, equipment, diagnostics, and systems solutions for professional users. The company serves diverse industries, including automotive repair, aviation, aerospace, government, military, construction, and power generation, through its franchise, direct, distributor, and online channels.
Shares of the Kenosha, Wisconsin-based company have outpaced the broader market over the past 52 weeks. SNA stock has soared 17.1% over this time frame, while the broader S&P 500 Index ($SPX) has rallied 15.8%. However, shares of the company are down 3.3% on a YTD basis, lagging behind SPX’s 10.1% gain.