A share price of SharkNinja Inc [SN] is currently trading at $74.68, up 0.26%. An important factor to consider is whether the stock is rising or falling in short-term value. The SN shares have gain 13.77% over the last week, with a monthly amount drifted -17.04%, 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 $60.50 and $123.00. Currently, Wall Street analysts expect the stock to reach $129 within the next 12 months. SharkNinja Inc [NYSE: SN] shares were valued at $74.68 at the most recent close of the market. An investor can expect a potential return of 72.74% based on the average SN price forecast.
Analyzing the SN fundamentals
Trailing Twelve Months sales for SharkNinja Inc [NYSE:SN] were 5.53B which represents 29.74% growth. Gross Profit Margin for this corporation currently stands at 0.48% with Operating Profit Margin at 0.12%, Pretax Profit Margin comes in at 0.1%, and Net Profit Margin reading is 0.08%. To continue investigating profitability, this company’s Return on Assets is posted at 0.1, Equity is 0.25 and Total Capital is 0.23. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.48.
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 74.09 points at the first support level, and at 73.50 for the second support level. However, for the 1st resistance point, the stock is sitting at 75.42, and for the 2nd resistance point, it is at 76.15.
Ratios To Look Out For
To put it in perspective, the Current Ratio for SharkNinja Inc [NYSE:SN] is 1.73. On the other hand, the Quick Ratio is 1.14, and the Cash Ratio is 0.24. Considering the valuation of this stock, the price to sales ratio is 1.90, the price to book ratio is 5.41 and price to earnings (TTM) ratio is 24.03.
Transactions by insiders
Recent insider trading involved REAGAN PATRAIC, Officer, that happened on Mar 04 ’25 when 13000.0 shares were purchased. Officer, Lopez-Baldrich Pedro J. completed a deal on Mar 04 ’25 to buy 23968.0 shares. Meanwhile, Officer Barrocas Mark bought 20000.0 shares on Feb 13 ’25.
