Shares of SharkNinja, Inc. (NYSE:SN – Get Free Report) have been assigned a consensus rating of “Moderate Buy” from the ten analysts that are covering the company, MarketBeat.com reports. One investment analyst has rated the stock with a hold recommendation and nine have assigned a buy recommendation to the company. The average 1 year price target among brokers that have updated their coverage on the stock in the last year is $97.94.
SN has been the subject of several research reports. Guggenheim boosted their price target on shares of SharkNinja from $100.00 to $120.00 and gave the stock a “buy” rating in a research note on Monday, October 7th. Bank of America upped their price target on SharkNinja from $100.00 to $110.00 and gave the stock a “buy” rating in a report on Tuesday, August 13th. JPMorgan Chase & Co. lifted their price objective on SharkNinja from $97.00 to $128.00 and gave the company an “overweight” rating in a research note on Monday, September 30th. Oppenheimer began coverage on shares of SharkNinja in a research note on Tuesday, October 1st. They set an “outperform” rating and a $120.00 target price on the stock. Finally, Canaccord Genuity Group lifted their price target on shares of SharkNinja from $82.00 to $90.00 and gave the stock a “buy” rating in a research note on Tuesday, July 23rd.
View Our Latest Research Report on SharkNinja
Institutional Investors Weigh In On SharkNinja
SharkNinja Price Performance
SN stock opened at $108.95 on Friday. The business’s fifty day moving average price is $100.26 and its 200 day moving average price is $81.82. SharkNinja has a 12-month low of $38.69 and a 12-month high of $110.96. The company has a current ratio of 1.71, a quick ratio of 1.04 and a debt-to-equity ratio of 0.46. The company has a market capitalization of $15.25 billion, a PE ratio of 62.61, a P/E/G ratio of 1.87 and a beta of 0.77.
SharkNinja (NYSE:SN – Get Free Report) last issued its quarterly earnings results on Thursday, August 8th. The company reported $0.71 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.57 by $0.14. The business had revenue of $1.25 billion for the quarter, compared to analysts’ expectations of $1.08 billion. SharkNinja had a net margin of 5.16% and a return on equity of 32.29%. The business’s quarterly revenue was up 31.4% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.46 earnings per share. On average, sell-side analysts anticipate that SharkNinja will post 3.89 EPS for the current year.
SharkNinja Company Profile
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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