SharkNinja Inc. (SN) concluded trading on 12/06/23 at a closing price of $47.41, with 3.91 million shares of worth about $185.32 million changed hands on the day. On Wednesday the price saw a loss of about -2.17%. Currently the company’s common shares owned by public are about 138.98M shares, out of which, 57.83M shares are available for trading.
A deeper look into what the analysts at Wall Street are thinking about the price target of this stock provides us with the following: 4 analysts are covering the SN stock and their offered price forecasts bring an average price target of $60.00. Over the next 12 months, analysts forecasted that the stock’s price could jump as high as $67.00 and could fall to a lowest price of $52.00. The stock’s current price level is 20.98% above of average price target set by the analysts, while a rise to estimated low would result in gain of 8.83% for the stock. However, touching the estimated high of $67.00 would mean a gain of 29.24% for the stock.
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SharkNinja Inc. (NYSE: SN) started trading at $49.32, above $0.86 from concluding price of the previous day. Stock saw a price change of 4.34% in past 5 days and over the past one month there was a price change of 6.07%. Over the period of past 52 weeks, stock dropped to lowest price of $25.24 but also hit the highest price of $51.67 during that period. The average intraday trading volume for SharkNinja Inc. shares is 1.06 million. The stock is currently trading 5.38% above its 20-day simple moving average (SMA20), while that difference is up 9.14% for SMA50 and it goes to 19.59% higher than SMA200.
SharkNinja Inc. (NYSE: SN) currently have 138.98M outstanding shares and institutions hold larger chunk of about 32.20% of that.
The stock has a current market capitalization of $6.59B. It has Quick Ratio of 1.07 while making debt-to-equity ratio of 0.58. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for SN, volatility over the week remained 5.46% while standing at 5.03% over the month.
Analysts are in expectations that SharkNinja Inc. (SN) stock would likely to be making an EPS of $0.86 in the current quarter, while forecast for next quarter EPS is $0.88 and it is $3.32 for next year. For the current quarter EPS, analysts have given the company a lowest target $0.84 which is $0.88 at the higher side of the target for the same.
Analysts at 4 brokerage firms have issued recommendations for the SharkNinja Inc. (SN)’s stock and average of those rates the stock at a “Strong Buy” and assign it a score of 1.00. Out of those 4 Wall Street analysts, 4 recommended a “Buy” rating, while 0 were in favor recommending the stock as a “Hold” and 0 analyst recommended the stock as “Sell”.
Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by Canaccord Genuity on November 28, 2023 offering a Buy rating for the stock and assigned a target price of $61 to it.
