SharkNinja (SN) Stock Price, News & Analysis

Company Overview

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. The company sells its products through traditional brick-and-mortar retail channels and e-commerce channels, distributors, and direct-to-consumer channels under the Shark and Ninja brands. SharkNinja, Inc. was incorporated in 2017 and is headquartered in Needham, Massachusetts.

Key Stats

• Today's Range: $96.33 to $100.10
• 50-Day Range: $89.11 to $111.17
• 52-Week Range: $45.35 to $112.93
• Volume: 1.81 million shs
• Average Volume: 1.22 million shs
• Market Capitalization: $13.77 billion
• P/E Ratio: 38.59
• Dividend Yield: N/A
• Price Target: $110.85
• Consensus Rating: Moderate Buy

SharkNinja Stock Analysis - MarketRank™

SharkNinja scored higher than 70% of companies evaluated by MarketBeat, and ranked 124th out of 290 stocks in the consumer discretionary sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 3.5 / 5
• Analyst Rating: Moderate Buy

Consensus Rating

SharkNinja has received a consensus rating of Moderate Buy. The company's average rating score is 2.91, and is based on 10 buy ratings, 1 hold rating, and no sell ratings.

Amount of Analyst Coverage

SharkNinja has been the subject of 7 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

Earnings and Valuation

• Score: 2.5 / 5
• Proj. Earnings Growth: 15.98%

Earnings Growth

Earnings for SharkNinja are expected to grow by 15.98% in the coming year, from $3.88 to $4.50 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of SharkNinja is 38.59, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 125.92.

Price to Earnings Ratio vs. Sector

The P/E ratio of SharkNinja is 38.59, which means that it is trading at a more expensive P/E ratio than the Consumer Discretionary sector average P/E ratio of about 19.70.

Price to Earnings Growth Ratio

SharkNinja has a PEG Ratio of 1.63. PEG Ratios above 1 indicate that a company could be overvalued.

Price to Book Value per Share Ratio

SharkNinja has a P/B Ratio of 7.68. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

Short Interest

• Score: 2.0 / 5
• Short Interest Level: Bearish

Percentage of Shares Shorted

5.76% of the float of SharkNinja has been sold short.

Short Interest Ratio / Days to Cover

SharkNinja has a short interest ratio ("days to cover") of 2.4, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in SharkNinja has recently increased by 32.34%, indicating that investor sentiment is decreasing significantly.

Dividend

• Score: 0.0 / 5
• Dividend Strength: N/A

Dividend Yield

SharkNinja does not currently pay a dividend.

Dividend Growth

SharkNinja does not have a long track record of dividend growth.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

5.76% of the float of SharkNinja has been sold short.

Short Interest Ratio / Days to Cover

SharkNinja has a short interest ratio ("days to cover") of 2.4, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in SharkNinja has recently increased by 32.34%, indicating that investor sentiment is decreasing significantly.

News and Social Media

• Score: 3.3 / 5
• News Sentiment: 0.99

News Sentiment

SharkNinja has a news sentiment score of 0.99. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.67 average news sentiment score of Consumer Discretionary companies.

News Coverage This Week

MarketBeat has tracked 11 news articles for SharkNinja this week, compared to 6 articles on an average week.

Search Interest

Only 11 people have searched for SN on MarketBeat in the last 30 days. This is a decrease of -45% compared to the previous 30 days.

MarketBeat Follows

8 people have added SharkNinja to their MarketBeat watchlist in the last 30 days. This is an increase of 60% compared to the previous 30 days.

Company Ownership

• Score: 0.8 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, SharkNinja insiders have not sold or bought any company stock.

Percentage Held by Insiders

11.12% of the stock of SharkNinja is held by insiders. A high percentage of insider ownership can be a sign of company health.

Percentage Held by Institutions

Only 34.77% of the stock of SharkNinja is held by institutions.

SN Stock Analysis - Frequently Asked Questions

How have SN shares performed this year?

SharkNinja's stock was trading at $51.17 at the start of the year. Since then, SN shares have increased by 92.3% and is now trading at $98.40.
View the best growth stocks for 2024 here.

How were SharkNinja's earnings last quarter?

SharkNinja, Inc. (NYSE:SN) posted its earnings results on Thursday, October, 31st. The company reported $1.21 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.04 by $0.17. The business's quarterly revenue was up 33.3% compared to the same quarter last year.

Who are SharkNinja's major shareholders?

SharkNinja's top institutional investors include FMR LLC (7.37%), HighTower Advisors LLC (3.59%), Baillie Gifford & Co. (1.30%) and Thrivent Financial for Lutherans (1.19%).

How do I buy shares of SharkNinja?

Shares of SN stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of SharkNinja own?

Based on aggregate information from My MarketBeat watchlists, some other companies that SharkNinja investors own include Humana (HUM), American Water Works (AWK), Voyager Therapeutics (VYGR), Waste Connections (WCN), The RMR Group (RMR), TotalEnergies (TTE) and Southern First Bancshares (SFST).

Company Calendar

• Last Earnings: 10/31/2024
• Today: 11/22/2024
• Fiscal Year End: 12/31/2024
• Next Earnings (Estimated): 2/20/2025

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Consumer Discretionary
• Industry: Household appliances
• Sub-Industry: Consumer Goods
• Current Symbol: NYSE:SN
• Previous Symbol: NYSE:SN
• CUSIP: N/A
• CIK: 1957132
• Web: www.sharkninja.com
• Phone: 617-243-0235
• Fax: N/A
• Employees: 3,019
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: $110.85
• High Stock Price Target: $150.00
• Low Stock Price Target: $61.00
• Potential Upside/Downside: +12.7%
• Consensus Rating: Moderate Buy
• Rating Score (0-4): 2.91
• Research Coverage: 11 Analysts

Profitability

• EPS (Most Recent Fiscal Year): $2.55
• Trailing P/E Ratio: 38.59
• Forward P/E Ratio: 25.36
• P/E Growth: 1.63
• Net Income: $167.08 million
• Net Margins: 7.02%
• Pretax Margin: 9.72%
• Return on Equity: 32.55%
• Return on Assets: 14.10%

Debt

• Debt-to-Equity Ratio: 0.42
• Current Ratio: 1.67
• Quick Ratio: 0.95

Sales & Book Value

• Annual Sales: $5.12 billion
• Price / Sales: 2.69
• Cash Flow: $3.96 per share
• Price / Cash Flow: 24.86
• Book Value: $12.82 per share
• Price / Book: 7.68

Miscellaneous

• Outstanding Shares: 139,936,000
• Free Float: 124,375,000
• Market Cap: $13.77 billion
• Optionable: Not Optionable
• Beta: 1.04