Daily Progress: SharkNinja Inc. (SN) Gain 3.80, Closing at 79.01

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In the latest session, SharkNinja Inc. (NYSE: SN) closed at $79.01 up 3.80% from its previous closing price of $76.12. In other words, the price has increased by $3.80 from its previous closing price. On the day, 1.0 million shares were traded. SN stock price reached its highest trading level at $79.02 during the session, while it also had its lowest trading level at $76.345.

Ratios:

For a deeper understanding of SharkNinja Inc.’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 83.76 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 100.50. For the most recent quarter (mrq), Quick Ratio is recorded 1.09 and its Current Ratio is at 1.92. In the meantime, Its Debt-to-Equity ratio is 0.60 whereas as Long-Term Debt/Eq ratio is at 0.58.

On May 16, 2024, BofA Securities started tracking the stock assigning a Buy rating and target price of $90.

On April 15, 2024, UBS started tracking the stock assigning a Buy rating and target price of $76.UBS initiated its Buy rating on April 15, 2024, with a $76 target price.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, SN now has a Market Capitalization of 11047100416 and an Enterprise Value of 11859379200. As of this moment, SharkNinja’s Price-to-Earnings (P/E) ratio for their current fiscal year is 58.47, and their Forward P/E ratio for the next fiscal year is 18.31. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 4.12. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.47 while its Price-to-Book (P/B) ratio in mrq is 7.02. Its current Enterprise Value per Revenue stands at 2.656 whereas that against EBITDA is 23.039.

Stock Price History:

Over the past 52 weeks, SN has reached a high of $78.90, while it has fallen to a 52-week low of $25.24. The 50-Day Moving Average of the stock is 17.33%, while the 200-Day Moving Average is calculated to be 53.17%.

Shares Statistics:

For the past three months, SN has traded an average of 1.07M shares per day and 956820 over the past ten days. A total of 139.08M shares are outstanding, with a floating share count of 61.65M. Insiders hold about 55.91% of the company’s shares, while institutions hold 48.18% stake in the company. Shares short for SN as of 1715731200 were 1758062 with a Short Ratio of 1.64, compared to 1713139200 on 1794500.

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