SharkNinja Inc (NYSE: SN) is -7.80% lower on its value in year-to-date trading and has touched a low of $59.78 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 $91.58 in the last trading session, with the day’s loss setting it -1.81%.
Currently trading at $89.77, the stock is -2.43% and -12.67% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.11 million and changing -1.98% at the moment leaves the stock -6.07% off its SMA200. SN registered 48.53% gain for a year compared to 6-month loss of -14.39%. The firm has a 50-day simple moving average (SMA 50) of $103.0892 and a 200-day simple moving average (SMA200) of $95.5026.
The stock witnessed a -14.24% gain in the last 1 month and extending the period to 3 months gives it a -5.82%, and is -0.54% 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 3.92% over the week and 4.38% over the month.
SharkNinja Inc (SN) has around 3019 employees, a market worth around $12.60B and $5.53B in sales. Current P/E ratio is 28.88 and Fwd P/E is 15.74. Profit margin for the company is 7.94%. Distance from 52-week low is 50.17% and -27.02% 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
412.0 institutions hold shares in SharkNinja Inc (SN), with institutional investors hold 101.83% of the company’s shares. The shares outstanding are 140.35M, and float is at 70.81M with Short Float at 4.35%. Institutions hold 51.09% of the Float.
The top institutional shareholder in the company is FMR LLC with over 6.99 million shares valued at $524.99 million. The investor’s holdings represent 4.9939 of the SN Shares outstanding. As of 2024-06-30, the second largest holder is BARROW HANLEY MEWHINNEY & STRAUSS LLC with 3.16 million shares valued at $237.61 million to account for 2.2603 of the shares outstanding. The other top investors are WILLIAM BLAIR INVESTMENT MANAGEMENT, LLC which holds 2.53 million shares representing 1.8119 and valued at over $190.48 million, while PARSIFAL CAPITAL MANAGEMENT, LP holds 1.5106 of the shares totaling 2.11 million with a market value of $158.81 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).
