SharkNinja (NYSE:SN) Posts Earnings Results, Misses Expectations By $0.06 EPS

SharkNinja (NYSE:SN - Get Free Report) announced its earnings results on Thursday. The company reported $1.20 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $1.26 by ($0.06), Zacks reports. The company had revenue of $1.79 billion during the quarter, compared to the consensus estimate of $1.61 billion. SharkNinja had a net margin of 7.02% and a return on equity of 32.55%. SharkNinja updated its FY 2025 guidance to 4.800-4.900 EPS.

SharkNinja Trading Down 3.6 %

SN stock traded down $4.12 during mid-day trading on Monday, reaching $110.32. 1,578,203 shares of the stock traded hands, compared to its average volume of 879,238. The company has a current ratio of 1.67, a quick ratio of 0.95 and a debt-to-equity ratio of 0.42. SharkNinja has a 52-week low of $49.86 and a 52-week high of $123.00. The company has a market cap of $15.44 billion, a P/E ratio of 43.26, a P/E/G ratio of 1.74 and a beta of 1.13. The stock's fifty day moving average is $104.88 and its 200-day moving average is $101.02.

Analyst Ratings Changes

SN has been the subject of a number of recent analyst reports. Morgan Stanley increased their target price on shares of SharkNinja from $93.00 to $108.00 and gave the company an "equal weight" rating in a research report on Friday. JPMorgan Chase & Co. increased their target price on shares of SharkNinja from $120.00 to $127.00 and gave the company an "overweight" rating in a research report on Thursday, January 16th. The Goldman Sachs Group increased their target price on shares of SharkNinja from $102.00 to $123.00 and gave the company a "buy" rating in a research report on Monday, October 21st. Jefferies Financial Group increased their target price on shares of SharkNinja from $150.00 to $175.00 and gave the company a "buy" rating in a research report on Thursday. Finally, Canaccord Genuity Group upped their price target on shares of SharkNinja from $129.00 to $136.00 and gave the company a "buy" rating in a report on Friday. One investment analyst has rated the stock with a hold rating and nine have assigned a buy rating to the company. Based on data from MarketBeat.com, the stock has an average rating of "Moderate Buy" and an average target price of $122.50.

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.