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As of close of business last night, SharkNinja Inc.’s stock clocked out at $97.34, down -0.79% from its previous closing price of $98.12. In other words, the price has decreased by -$0.79 from its previous closing price. On the day, 2.0 million shares were traded. SN stock price reached its highest trading level at $98.54 during the session, while it also had its lowest trading level at $96.69.
Ratios:
To gain a deeper understanding of SN’s stock, we examine its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 1.04 and its Current Ratio is at 1.71. In the meantime, Its Debt-to-Equity ratio is 0.65 whereas as Long-Term Debt/Eq ratio is at 0.55.
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.
Insider Transactions:
Investing in insider trades can also provide an investor with insight into how management views future stock prices. A recent insider transaction in this stock occurred on Sep 04 ’24 when WANG XUNING bought 1,700,000 shares for $95.17 per share.
Neil Shah bought 50,000 shares of SN for $4,550,000 on Aug 29 ’24. On Aug 28 ’24, another insider, Neil Shah, who serves as the Officer of the company, bought 50,000 shares for $90.55 each.
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 13730585600 and an Enterprise Value of 14545489920. As of this moment, SharkNinja’s Price-to-Earnings (P/E) ratio for their current fiscal year is 55.68, and their Forward P/E ratio for the next fiscal year is 20.20. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 3.18. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.86 while its Price-to-Book (P/B) ratio in mrq is 8.28. Its current Enterprise Value per Revenue stands at 3.054 whereas that against EBITDA is 25.829.
Stock Price History:
Over the past 52 weeks, SN has reached a high of $98.33, while it has fallen to a 52-week low of $32.31. The 50-Day Moving Average of the stock is 21.05%, while the 200-Day Moving Average is calculated to be 51.83%.
Shares Statistics:
It appears that SN traded 1.29M shares on average per day over the past three months and 1422590 shares per day over the past ten days. A total of 139.08M shares are outstanding, with a floating share count of 61.77M. Insiders hold about 55.86% of the company’s shares, while institutions hold 52.41% stake in the company. Shares short for SN as of 1723680000 were 4919087 with a Short Ratio of 3.53, compared to 1721001600 on 4125864.
