SharkNinja Inc (NYSE: SN) is -10.68% lower on its value in year-to-date trading and has touched a low of $56.10 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 $91.11 in the last trading session, with the day’s loss setting it -4.15%.
Currently trading at $86.96, the stock is -13.39% and -17.06% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.86 million and changing -4.55% at the moment leaves the stock -8.45% off its SMA200. SN registered 55.62% gain for a year compared to 6-month gain of -9.70%. The firm has a 50-day simple moving average (SMA 50) of $104.8432 and a 200-day simple moving average (SMA200) of $94.98415.
The stock witnessed a -20.10% loss in the last 1 month and extending the period to 3 months gives it a -13.22%, and is -4.34% 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 5.36% over the week and 5.44% over the month.
SharkNinja Inc (SN) has around 3019 employees, a market worth around $12.20B and $5.53B in sales. Current P/E ratio is 27.98 and Fwd P/E is 15.24. Profit margin for the company is 7.94%. Distance from 52-week low is 55.01% and -29.30% 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
411.0 institutions hold shares in SharkNinja Inc (SN), with institutional investors hold 101.64% of the company’s shares. The shares outstanding are 140.35M, and float is at 70.61M with Short Float at 4.15%. Institutions hold 51.00% of the Float.
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 WILLIAM BLAIR INVESTMENT MANAGEMENT, LLC with 2.53 million shares valued at $190.48 million to account for 1.8119 of the shares outstanding. The other top investors are PARSIFAL CAPITAL MANAGEMENT, LP which holds 2.11 million shares representing 1.5106 and valued at over $158.81 million, while ALUA CAPITAL MANAGEMENT LP holds 1.1403 of the shares totaling 1.6 million with a market value of $119.87 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).
