SharkNinja Inc (NYSE: SN) is -1.08% lower on its value in year-to-date trading and has touched a low of $54.54 and a high of $123.00 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The SN stock was last observed hovering at around $94.45 in the last trading session, with the day’s gains setting it 1.86%.
Currently trading at $96.31, the stock is -10.08% and -8.92% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.28 million and changing 1.97% at the moment leaves the stock 1.84% off its SMA200. SN registered 72.51% gain for a year compared to 6-month gain of 0.51%.
The stock witnessed a -11.64% loss in the last 1 month and extending the period to 3 months gives it a -4.22%, and is -9.08% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 4.07% over the week and 4.76% over the month.
SharkNinja Inc (SN) has around 3019 employees, a market worth around $13.52B and $5.53B in sales. Current P/E ratio is 30.98 and Fwd P/E is 16.88. Profit margin for the company is 7.94%. Distance from 52-week low is 76.59% and -21.70% from its 52-week high. The company has generated returns on investments over the last 12 months (15.57%).
The EPS is expected to grow by 13.40% this year
The shares outstanding are 140.35M, and float is at 70.61M with Short Float at 4.15%.
The top institutional shareholder in the company is BARROW HANLEY MEWHINNEY & STRAUSS LLC with over 3.16 million shares valued at $237.61 million. The investor’s holdings represent 2.2603 of the SN Shares outstanding. As of 2024-06-30, the second largest holder is PARSIFAL CAPITAL MANAGEMENT, LP with 2.11 million shares valued at $158.81 million to account for 1.5106 of the shares outstanding. The other top investors are ALUA CAPITAL MANAGEMENT LP which holds 1.6 million shares representing 1.1403 and valued at over $119.87 million, while ABRAMS BISON INVESTMENTS, LLC holds 1.0544 of the shares totaling 1.48 million with a market value of $110.85 million.
SharkNinja Inc (SN) Insider Activity
Still, SEC filings show that on Feb 13 ’25, Barrocas Mark (Officer) Proposed Sale 20,000 shares at an average price of $120.00 for $2.4 million. The insider now directly holds shares of SharkNinja Inc (SN).
