SharkNinja (NYSE:SN – Get Free Report) updated its FY 2024 earnings guidance on Thursday. The company provided earnings per share guidance of 4.050-4.210 for the period, compared to the consensus earnings per share estimate of 3.870. The company issued revenue guidance of $5.1 billion-$5.2 billion, compared to the consensus revenue estimate of $4.8 billion.
SharkNinja Stock Up 2.7 %
SN traded up $2.28 during trading hours on Friday, reaching $87.64. 3,697,541 shares of the stock traded hands, compared to its average volume of 1,094,359. SharkNinja has a fifty-two week low of $29.42 and a fifty-two week high of $91.43. The company has a debt-to-equity ratio of 0.49, a current ratio of 1.92 and a quick ratio of 1.09. The company has a market cap of $12.26 billion and a price-to-earnings ratio of 64.92. The firm’s fifty day simple moving average is $75.73 and its two-hundred day simple moving average is $65.88.
SharkNinja (NYSE:SN – Get Free Report) last announced its quarterly earnings data on Thursday, May 9th. The company reported $1.06 earnings per share for the quarter, topping the consensus estimate of $0.95 by $0.11. The company had revenue of $1.07 billion during the quarter, compared to analyst estimates of $949.88 million. SharkNinja had a net margin of 4.25% and a return on equity of 29.62%. The firm’s revenue for the quarter was up 24.7% compared to the same quarter last year. During the same period last year, the business earned $0.86 EPS. As a group, analysts forecast that SharkNinja will post 3.82 earnings per share for the current fiscal year.
Analysts Set New Price Targets
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SharkNinja Company Profile
SharkNinja, Inc, a product design and technology company, engages in the provision of various solutions for consumers worldwide. It offers cleaning appliances, including corded and cordless vacuums, including handheld and robotic vacuums, as well as other floorcare products comprising steam mops, wet/dry cleaning floor products, and carpet extraction; cooking and beverage appliances, such as air fryers, multi-cookers, outdoor and countertop grills and ovens, coffee systems, carbonation, cookware, cutlery, kettles, toasters and bakeware; food preparation appliances comprising blenders, food processors, ice cream makers, and juicers; and beauty appliances, such as hair dryers and stylers, as well as home environment products comprising air purifiers and humidifiers.
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