A share price of SharkNinja Inc [SN] is currently trading at $101.04, down -0.58%. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The SN shares have lost -0.62% over the last week, with a monthly amount drifted -0.66%, and not seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
SharkNinja Inc [NYSE: SN] stock has seen the most recent analyst activity on October 01, 2024, when Oppenheimer initiated its Outperform rating and assigned the stock a price target of $120. On May 16, 2024, BofA Securities initiated with a Buy rating and assigned a price target of $90 on the stock. UBS started tracking the stock assigning a Buy rating and suggested a price target of $76 on April 15, 2024. JP Morgan initiated its recommendation with a Overweight and recommended $70 as its price target on April 04, 2024. Guggenheim started tracking with a Buy rating for this stock on February 05, 2024, and assigned it a price target of $60. In a note dated January 30, 2024, Morgan Stanley initiated an Equal-Weight rating and provided a target price of $54 on this stock.
SharkNinja Inc experienced fluctuations in its stock price throughout the past year between $45.85 and $112.93. Currently, Wall Street analysts expect the stock to reach $113.33 within the next 12 months. SharkNinja Inc [NYSE: SN] shares were valued at $101.04 at the most recent close of the market. An investor can expect a potential return of 12.16% based on the average SN price forecast.
Analyzing the SN fundamentals
Trailing Twelve Months sales for SharkNinja Inc [NYSE:SN] were 5.12B which represents 33.25% growth. Gross Profit Margin for this corporation currently stands at 0.48% with Operating Profit Margin at 0.11%, Pretax Profit Margin comes in at 0.1%, and Net Profit Margin reading is 0.07%. To continue investigating profitability, this company’s Return on Assets is posted at 0.08, Equity is 0.22 and Total Capital is 0.2. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.54.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 100.25 points at the first support level, and at 99.47 for the second support level. However, for the 1st resistance point, the stock is sitting at 102.13, and for the 2nd resistance point, it is at 103.23.
Ratios To Look Out For
To put it in perspective, the Current Ratio for SharkNinja Inc [NYSE:SN] is 1.67. As well, the Quick Ratio is 0.95, while the Cash Ratio is 0.08. Considering the valuation of this stock, the price to sales ratio is 2.76, the price to book ratio is 7.89 and price to earnings (TTM) ratio is 39.62.
Transactions by insiders
Recent insider trading involved WANG XUNING, chairman and principal shareho, that happened on Dec 04 ’24 when 2.0 million shares were purchased. Officer, Barrocas Mark completed a deal on Oct 28 ’24 to buy 3581.0 shares. Meanwhile, Officer Barrocas Mark bought 3007.0 shares on Oct 25 ’24.
