SharkNinja Inc [NYSE: SN] gained 7.15% on the last trading session, reaching $106.36 price per share at the time.
If compared to the average trading volume of 2.07M shares, SN reached a trading volume of 4651789 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Here is what top equities market gurus are saying about SharkNinja Inc [SN]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for SN shares is $122.60 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on SN stock is a recommendation set at 1.21. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
Oppenheimer have made an estimate for SharkNinja Inc shares, keeping their opinion on the stock as Outperform, with their previous recommendation back on October 01, 2024. While these analysts kept the previous recommendation, China Renaissance raised their target price to Buy. The new note on the price target was released on May 29, 2024, representing the official price target for SharkNinja Inc stock. Previously, the target price had yet another raise to $90, while BofA Securities analysts kept a Buy rating on SN stock.
The Price to Book ratio for the last quarter was 7.36, with the Price to Cash per share for the same quarter was set at 1.60. Price to Free Cash Flow for SN in the course of the last twelve months was 74.54 with Quick ratio for the last quarter at 1.17.
Trading performance analysis for SN stock
SharkNinja Inc [SN] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 13.91. With this latest performance, SN shares gained by 15.23% in over the last four-week period, additionally plugging by 9.37% over the last 6 months – not to mention a rise of 9.24% in the past year of trading.
SharkNinja Inc [SN]: A deeper dive into fundamental analysis
Operating Margin for any stock indicates how profitable investing would be, and SharkNinja Inc [SN] shares currently have an operating margin of 11.56% and a Gross Margin at 47.73%. SharkNinja Inc’s Net Margin is presently recorded at 7.86%.
Return on Equity for this stock inclined to 11.78%, with Return on Assets sitting at 11.78%.
SharkNinja Inc [SN]: An earnings per share (EPS) analysis
The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for SN. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for SharkNinja Inc go to 14.68%.
An analysis of Institutional ownership at SharkNinja Inc [SN]
The top three institutional holders of SN stocks are: FMR LLC with ownership of 6.99 million shares, which is approximately 4.9939%. HIGHTOWER ADVISORS, LLC, holding 5.5 million shares of the stock with an approximate value of $$413.12 million in SN stocks shares; and HIGHTOWER ADVISORS, LLC, currently with $$237.61 million in SN stock with ownership which is approximately 2.2603%.
