Market Resilience: SharkNinja Inc (SN) Finishes Weak at 95.22, Down -3.70

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SharkNinja Inc (NYSE: SN) closed the day trading at $95.22 down -3.70% from the previous closing price of $98.88. In other words, the price has decreased by -$3.70 from its previous closing price. On the day, 2.23 million shares were traded. SN stock price reached its highest trading level at $98.615 during the session, while it also had its lowest trading level at $94.33.

Ratios:

For a better understanding of SN, let’s look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.95 and its Current Ratio is at 1.67. In the meantime, Its Debt-to-Equity ratio is 0.63 whereas as Long-Term Debt/Eq ratio is at 0.50.

Upgrades & Downgrades

In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, Oppenheimer on October 01, 2024, initiated with a Outperform rating and assigned the stock a target price of $120.

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

Insider Transactions:

The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Oct 28 ’24 when Barrocas Mark bought 3,581 shares for $111.01 per share.

Barrocas Mark bought 3,007 shares of SN for $331,112 on Oct 25 ’24. On Oct 24 ’24, another insider, Barrocas Mark, who serves as the Officer of the company, bought 841 shares for $110.05 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 13351748608 and an Enterprise Value of 14350957568. As of this moment, SharkNinja’s Price-to-Earnings (P/E) ratio for their current fiscal year is 37.34, and their Forward P/E ratio for the next fiscal year is 19.63. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 2.40. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.60 while its Price-to-Book (P/B) ratio in mrq is 7.44. Its current Enterprise Value per Revenue stands at 2.803 whereas that against EBITDA is 21.974.

Stock Price History:

Over the past 52 weeks, SN has reached a high of $112.93, while it has fallen to a 52-week low of $43.93. The 50-Day Moving Average of the stock is -8.82%, while the 200-Day Moving Average is calculated to be 20.08%.

Shares Statistics:

Over the past 3-months, SN traded about 1.47M shares per day on average, while over the past 10 days, SN traded about 1957200 shares per day. A total of 139.08M shares are outstanding, with a floating share count of 68.40M. Insiders hold about 51.12% of the company’s shares, while institutions hold 49.93% stake in the company. Shares short for SN as of 1730332800 were 3564601 with a Short Ratio of 2.42, compared to 1727654400 on 2726394. Therefore, it implies a Short% of Shares Outstanding of 3564601 and a Short% of Float of 5.74.

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