SharkNinja (NYSE:SN) Issues Quarterly Earnings Results

SharkNinja (NYSE:SN) posted its earnings results on Thursday. The company reported $1.20 earnings per share for the quarter, missing analysts’ consensus estimates of $1.26 by ($0.06), Zacks reports. SharkNinja had a return on equity of 32.55% and a net margin of 7.02%. SharkNinja updated its FY 2025 guidance to 4.800-4.900 EPS.

SharkNinja Price Performance

SN stock traded up $1.34 during midday trading on Thursday, reaching $111.99. The company had a trading volume of 3,127,747 shares, compared to its average volume of 1,091,335. The company has a debt-to-equity ratio of 0.42, a current ratio of 1.67 and a quick ratio of 0.95. The company has a market capitalization of $15.67 billion, a price-to-earnings ratio of 43.85, a price-to-earnings-growth ratio of 1.74 and a beta of 1.13. SharkNinja has a 1-year low of $49.86 and a 1-year high of $123.00. The stock has a 50 day moving average price of $104.44 and a 200-day moving average price of $100.35.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently weighed in on SN shares. Morgan Stanley lifted their target price on SharkNinja from $80.00 to $93.00 and gave the stock an “equal weight” rating in a report on Friday, November 1st. JPMorgan Chase & Co. lifted their target price on SharkNinja from $120.00 to $127.00 and gave the stock an “overweight” rating in a report on Thursday, January 16th. The Goldman Sachs Group lifted their target price on SharkNinja from $102.00 to $123.00 and gave the stock a “buy” rating in a report on Monday, October 21st. Canaccord Genuity Group lifted their target price on SharkNinja from $128.00 to $129.00 and gave the stock a “buy” rating in a report on Wednesday, January 8th. Finally, Jefferies Financial Group lifted their target price on SharkNinja from $115.00 to $150.00 and gave the stock a “buy” rating in a report on Wednesday, October 23rd. One equities research analyst has rated the stock with a hold rating and nine have given a buy rating to the stock. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of $117.28.

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.