SharkNinja Inc. (SN) concluded trading on Thursday at a closing price of $71.35, with 3.89 million shares of worth about $277.72 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 57.87% during that period and on May 09, 2024 the price saw a gain of about 6.44%. Currently the company’s common shares owned by public are about 139.08M shares, out of which, 61.37M shares are available for trading.
Stock saw a price change of 9.57% in past 5 days and over the past one month there was a price change of 13.34%. Over the period of past 52 weeks, stock dropped to lowest price of $25.24 but also hit the highest price of $67.47 during that period. The average intraday trading volume for SharkNinja Inc. shares is 1.07 million. The stock is currently trading 12.04% above its 20-day simple moving average (SMA20), while that difference is up 16.92% for SMA50 and it goes to 48.53% higher than SMA200.
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SharkNinja Inc. (NYSE: SN) currently have 139.08M outstanding shares and institutions hold larger chunk of about 41.53% of that.
The stock has a current market capitalization of $9.98B. PE ratio of stock for trailing 12 months is 59.51, while it has posted earnings per share of $1.20 in the same period. It has Quick Ratio of 1.06 while making debt-to-equity ratio of 0.59. 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 2.98% while standing at 2.47% over the month.
Analysts are in expectations that SharkNinja Inc. (SN) stock would likely to be making an EPS of $0.99 in the current quarter, while forecast for next quarter EPS is $0.59 and it is $4.02 for next year. For the current quarter EPS, analysts have given the company a lowest target $0.9 which is $1.14 at the higher side of the target for the same. Stock’s fiscal year EPS is expected to rise by 12.56% while it is estimated to increase by 9.83% in next year.
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 UBS on April 15, 2024 offering a Buy rating for the stock and assigned a target price of $76 to it. Coverage by JP Morgan stated SharkNinja Inc. (SN) stock as an Overweight in their note to investors on April 04, 2024, suggesting a price target of $70 for the stock. On February 05, 2024, Guggenheim Initiated their recommendations, while on January 30, 2024, Morgan Stanley Initiated their ratings for the stock with a price target of $54. Stock get a Buy rating from Canaccord Genuity on November 28, 2023.
