SharkNinja (SN) Scheduled to Post Quarterly Earnings on Thursday

SharkNinja (NYSE:SN - Get Free Report) will be releasing its earnings data before the market opens on Thursday, October 31st. Analysts expect SharkNinja to post earnings of $1.04 per share for the quarter. SharkNinja has set its FY 2024 guidance at 4.050-4.210 EPS.Individual that wish to listen to the company's earnings conference call can do so using this link.

SharkNinja (NYSE:SN - Get Free Report) last announced its quarterly earnings data on Thursday, August 8th. The company reported $0.71 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.57 by $0.14. SharkNinja had a return on equity of 32.29% and a net margin of 5.16%. The company had revenue of $1.25 billion for the quarter, compared to the consensus estimate of $1.08 billion. During the same period in the previous year, the business earned $0.46 EPS. The firm's revenue was up 31.4% compared to the same quarter last year. On average, analysts expect SharkNinja to post $4 EPS for the current fiscal year and $4 EPS for the next fiscal year.

SharkNinja Trading Down 1.6 %

SN traded down $1.74 during trading on Thursday, hitting $107.79. The company's stock had a trading volume of 617,609 shares, compared to its average volume of 1,114,946. The firm has a market capitalization of $15.08 billion, a P/E ratio of 61.95, a PEG ratio of 1.91 and a beta of 0.77. SharkNinja has a twelve month low of $38.69 and a twelve month high of $112.65. The stock's fifty day moving average price is $101.46 and its 200-day moving average price is $82.93. The company has a quick ratio of 1.04, a current ratio of 1.71 and a debt-to-equity ratio of 0.46.

Analyst Ratings Changes

Several equities research analysts have weighed in on SN shares. JPMorgan Chase & Co. lifted their price target on shares of SharkNinja from $97.00 to $128.00 and gave the company an "overweight" rating in a research note on Monday, September 30th. Oppenheimer started coverage on SharkNinja in a research note on Tuesday, October 1st. They set an "outperform" rating and a $120.00 price target on the stock. The Goldman Sachs Group raised their price objective on SharkNinja from $102.00 to $123.00 and gave the company a "buy" rating in a research note on Monday. Guggenheim upped their target price on SharkNinja from $100.00 to $120.00 and gave the stock a "buy" rating in a research report on Monday, October 7th. Finally, Canaccord Genuity Group increased their target price on SharkNinja from $82.00 to $90.00 and gave the stock a "buy" rating in a report on Tuesday, July 23rd. One investment analyst has rated the stock with a hold rating and ten have assigned a buy rating to the company's stock. According to data from MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and a consensus price target of $105.25.

About SharkNinja

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.