In the latest trading session,, 0.49 million SharkNinja Inc (NYSE:SN) shares changed hands as the company’s beta touched 1.81. With the company’s most recent per share price at $65.68 changing hands around $0.04 or 0.05% at last look, the market valuation stands at $9.22B. SN’s current price is a discount, trading about -87.27% off its 52-week high of $123.00. The share price had its 52-week low at $60.50, which suggests the last value was 7.89% up since then. When we look at SharkNinja Inc’s average trading volume, we note the 10-day average is 3.27 million shares, with the 3-month average coming to 1.65 million.
Analysts gave the SharkNinja Inc (SN) stock a consensus recommendation rating of Buy, calculated at a mean rating of 1.17. If we narrow down to specifics, the data shows that 0 out of 5 analysts rate the stock as a Sell, with a further 0 assigning it an Overweight rating. Of the remaining, 0 recommended SN as a Hold, 5 felt it is a Buy and 0 rated the stock as Underweight. SharkNinja Inc’s EPS for the current quarter is expected to be 0.73.
SharkNinja Inc (NYSE:SN) trade information
Instantly SN is in green as seen in intraday trades today. With action -25.73%, the performance over the past five days has been red. The company’s shares are showing year-to-date downside of -32.54%, with the 5-day performance at -25.73% in the red. However, in the 30-day time frame, SharkNinja Inc (NYSE:SN) is -26.27% down. Looking at the short shares, we see there were 3.08 million shares sold at short interest cover period of 2.14 days.
The consensus price target for the stock as assigned by Wall Street analysts is 129, meaning bulls need an upside of 49.09% from its recent market value. According to analyst projections, SN’s forecast low is 129 with 129 as the target high. To hit the forecast high, the stock’s price needs a -96.41% plunge from its current level, while the stock would need to soar -96.41% for it to hit the projected low.
SharkNinja Inc (SN) estimates and forecasts
Year-over-year growth is forecast to reach 13.01% up from the last financial year.
Consensus estimates given by 9 financial analysts project the company’s revenue in the current quarter to hit an average of 1.17B. 9 analysts are of the opinion that SharkNinja Inc’s revenue for the current quarter will be 1.47B. The company’s revenue for the corresponding quarters a year ago was 1.07B and 1.25B respectively. According to analysts, the company will likely register a growth in its current quarter sales, forecast at 9.59%. The estimates for the next quarter sales put growth at 17.75%.
Looking at the company’s year-on-year earnings, data shows that the past 5-year has an earnings growth rate of 7.20%. The 2025 estimates are for SharkNinja Inc earnings to increase by 13.34%, but the outlook for the next 5-year period is at 13.60% per year.
SharkNinja Inc (NYSE:SN)’s Major holders
If we look at who the major shareholders are, we find that insiders hold 49.83% of SharkNinja Inc shares while 51.22% of the shares are in the hands of institutional holders. The share float percentage for the stock currently stands at 102.08%. There are 51.22% institutions holding the SharkNinja Inc stock share, with FMR LLC the top institutional holder. As of 2024-06-30, the company held 4.9939% of the shares, roughly 6.99 million SN shares worth $524.99 million.
BARROW HANLEY MEWHINNEY & STRAUSS LLC holds the second largest percentage of outstanding shares, with 2.2603% or 3.16 million shares worth $237.61 million as of 2024-06-30.
Among Mutual Funds, the top two as of Feb 28, 2025 were Fidelity Securities Fund-Fidelity Blue Chip Growth Fund and VANGUARD WORLD FUND-Vanguard U.S. Growth Fund . With 3.95 shares estimated at $254.65 million under it, the former controlled 2.81% of total outstanding shares. On the other hand, VANGUARD WORLD FUND-Vanguard U.S. Growth Fund held about 0.95% of the shares, roughly 1.33 shares worth around $85.95 million.
