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With a market cap of $19.3 billion, Snap-on Incorporated (SNA) is a global leader in manufacturing and marketing tools, equipment, diagnostics, and systems solutions for professional users. The company serves diverse industries, including automotive repair, aviation, aerospace, government, military, construction, and power generation, through its franchise, direct, distributor, and online channels.
Shares of the Kenosha, Wisconsin-based company have lagged behind the broader market over the past 52 weeks. SNA stock has soared 14.5% over this time frame, while the broader S&P 500 Index ($SPX) has rallied 26.8%. Moreover, shares of the company are up 8.3% on a YTD basis, compared to SPX’s 9.7% gain.
