SharkNinja Inc (NYSE: SN) is -27.86% lower on its value in year-to-date trading and has touched a low of $60.50 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 $70.09 in the last trading session, with the day’s gains setting it 0.15%.
Currently trading at $70.24, the stock is -17.78% and -28.33% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 5.69 million and changing 0.21% at the moment leaves the stock -26.56% off its SMA200. SN registered 11.63% gain for a year compared to 6-month loss of -35.59%. The firm has a 50-day simple moving average (SMA 50) of $98.004 and a 200-day simple moving average (SMA200) of $95.6469.
The stock witnessed a -22.52% gain in the last 1 month and extending the period to 3 months gives it a -28.73%, and is -15.79% 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 14.22% over the week and 6.57% over the month.
SharkNinja Inc (SN) has around 3688 employees, a market worth around $9.86B and $5.53B in sales. Current P/E ratio is 22.60 and Fwd P/E is 12.25. Profit margin for the company is 7.94%. Distance from 52-week low is 16.10% and -42.89% from its 52-week high. The company has generated returns on investments over the last 12 months (15.57%).
with sales reaching $1.17B over the same period.The EPS is expected to grow by 13.34% this year, but quarterly earnings will post 13.38% year-over-year. Quarterly sales are estimated to grow 9.59% in year-over-year returns.
SharkNinja Inc (SN) Top Institutional Holders
419.0 institutions hold shares in SharkNinja Inc (SN), with institutional investors hold 102.08% 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 51.22% 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 ALLIANCEBERNSTEIN L.P. holds 1.7246 of the shares totaling 2.41 million with a market value of $181.3 million.
SharkNinja Inc (SN) Insider Activity
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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).
