SharkNinja (NYSE:SN – Get Free Report) had its price target decreased by equities researchers at JPMorgan Chase & Co. from $142.00 to $136.00 in a report issued on Tuesday,Benzinga reports. The firm presently has an “overweight” rating on the stock. JPMorgan Chase & Co.‘s price target indicates a potential upside of 35.51% from the stock’s previous close.
SN has been the topic of several other reports. Oppenheimer boosted their price objective on shares of SharkNinja from $120.00 to $135.00 and gave the stock an “outperform” rating in a research report on Monday, July 28th. Wall Street Zen raised shares of SharkNinja from a “hold” rating to a “buy” rating in a report on Friday, September 26th. Jefferies Financial Group set a $175.00 price target on shares of SharkNinja in a research report on Monday, June 30th. Guggenheim restated a “buy” rating on shares of SharkNinja in a research report on Friday, August 8th. Finally, Zacks Research upgraded SharkNinja from a “hold” rating to a “strong-buy” rating in a report on Wednesday, August 20th. One investment analyst has rated the stock with a Strong Buy rating, six have given a Buy rating and one has issued a Hold rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of “Buy” and a consensus target price of $130.71.
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SharkNinja Price Performance
SN stock opened at $100.36 on Tuesday. The firm has a 50 day moving average of $115.19 and a 200-day moving average of $99.12. The company has a market cap of $14.16 billion, a price-to-earnings ratio of 27.42, a PEG ratio of 1.96 and a beta of 1.57. The company has a current ratio of 1.94, a quick ratio of 1.20 and a debt-to-equity ratio of 0.32. SharkNinja has a 12-month low of $60.50 and a 12-month high of $128.51.
SharkNinja (NYSE:SN – Get Free Report) last released its quarterly earnings data on Thursday, August 7th. The company reported $0.97 earnings per share for the quarter, beating the consensus estimate of $0.78 by $0.19. The firm had revenue of $1.44 billion during the quarter, compared to the consensus estimate of $1.38 billion. SharkNinja had a return on equity of 28.78% and a net margin of 8.82%.SharkNinja’s quarterly revenue was up 15.7% on a year-over-year basis. During the same period last year, the business posted $0.71 EPS. SharkNinja has set its FY 2025 guidance at 5.000-5.100 EPS. As a group, equities analysts expect that SharkNinja will post 4.52 EPS for the current fiscal year.
Institutional Inflows and Outflows
Several institutional investors have recently bought and sold shares of SN. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC boosted its holdings in shares of SharkNinja by 45.6% during the fourth quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 47,181 shares of the company’s stock worth $4,594,000 after purchasing an additional 14,777 shares during the last quarter. GAMMA Investing LLC lifted its position in SharkNinja by 14,737.7% during the first quarter. GAMMA Investing LLC now owns 29,527 shares of the company’s stock worth $2,463,000 after buying an additional 29,328 shares during the period. NBC Securities Inc. boosted its stake in SharkNinja by 170,333.3% in the 1st quarter. NBC Securities Inc. now owns 10,226 shares of the company’s stock worth $852,000 after buying an additional 10,220 shares during the last quarter. Thurston Springer Miller Herd & Titak Inc. grew its holdings in SharkNinja by 12.7% in the 1st quarter. Thurston Springer Miller Herd & Titak Inc. now owns 18,154 shares of the company’s stock valued at $1,514,000 after buying an additional 2,046 shares during the period. Finally, SG Americas Securities LLC increased its stake in shares of SharkNinja by 270.4% during the 1st quarter. SG Americas Securities LLC now owns 6,489 shares of the company’s stock valued at $541,000 after acquiring an additional 4,737 shares during the last quarter. 34.77% of the stock is currently owned by institutional investors and hedge funds.
SharkNinja Company Profile
(Get Free Report)
SharkNinja, Inc, a product design and technology company, engages in the provision of various solutions for consumers worldwide. It offers cleaning appliances, including corded and cordless vacuums, including handheld and robotic vacuums, as well as other floorcare products comprising steam mops, wet/dry cleaning floor products, and carpet extraction; cooking and beverage appliances, such as air fryers, multi-cookers, outdoor and countertop grills and ovens, coffee systems, carbonation, cookware, cutlery, kettles, toasters and bakeware; food preparation appliances comprising blenders, food processors, ice cream makers, and juicers; and beauty appliances, such as hair dryers and stylers, as well as home environment products comprising air purifiers and humidifiers.
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