Wednesday, July 11, 2007

Snap-On Inc.

Snap-On Inc. is among the world’s largest Household Appliances sector businesses in the world. Snap-On Inc.’s employees generate $117.0M in profits on $2.641B of revenue. Global output in the Household Appliances business will likely rise substantially over the next 10 years. Long-term economic growth may lift all boats, but Snap-On Inc. is determined to remain a market leader. Sectoral leadership in the Household Appliances segment takes dedication and consistency, but management seeks out-sized growth.

Snap-On Inc.’s ticker symbol SNA has recently been trading near $51.33 a share. The Snap-On Inc. corporate headquarters in Kenosha WI predicts Household Appliances profits will satisfy shareholders in search of risk-appropriate returns.

The significance of market volume is sometimes ignored, but with a total market capitalization of $2.976B ensures sufficient liquidity. With a beta of 1.23, the company is more volatile than the market as a whole. When the average equity moves higher, Snap-On Inc. moves more aggressively.

0 comments: