SharkNinja (NYSE:SN) Reaches New 1-Year High – Should You Buy?
by Danessa Lincoln · The Markets DailySharkNinja, Inc. (NYSE:SN – Get Free Report)’s stock price reached a new 52-week high on Monday . The stock traded as high as $154.04 and last traded at $153.3560, with a volume of 2330804 shares traded. The stock had previously closed at $151.47.
Analyst Ratings Changes
A number of research analysts have issued reports on SN shares. Piper Sandler initiated coverage on shares of SharkNinja in a research note on Tuesday, June 9th. They set an “overweight” rating and a $150.00 price target on the stock. JPMorgan Chase & Co. lifted their price objective on shares of SharkNinja from $144.00 to $146.00 and gave the stock an “overweight” rating in a research note on Thursday, May 7th. Canaccord Genuity Group boosted their price objective on shares of SharkNinja from $160.00 to $161.00 and gave the company a “buy” rating in a report on Monday, May 4th. National Bank Financial set a $145.00 target price on SharkNinja in a research report on Tuesday, March 17th. Finally, Wall Street Zen lowered SharkNinja from a “buy” rating to a “hold” rating in a research note on Saturday, May 9th. One research analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating and two have issued a Hold rating to the stock. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of $150.00.
Check Out Our Latest Report on SN
SharkNinja Trading Down 0.3%
The company has a current ratio of 2.38, a quick ratio of 1.62 and a debt-to-equity ratio of 0.25. The firm has a market cap of $21.36 billion, a price-to-earnings ratio of 30.39, a PEG ratio of 2.03 and a beta of 1.22. The company has a fifty day moving average price of $124.04 and a 200-day moving average price of $118.90.
SharkNinja (NYSE:SN – Get Free Report) last posted its earnings results on Wednesday, May 6th. The company reported $1.09 EPS for the quarter, topping the consensus estimate of $1.01 by $0.08. The firm had revenue of $1.41 billion for the quarter, compared to analyst estimates of $1.38 billion. SharkNinja had a return on equity of 29.07% and a net margin of 10.70%.SharkNinja’s revenue for the quarter was up 15.6% compared to the same quarter last year. During the same period last year, the company earned $0.87 earnings per share. SharkNinja has set its FY 2026 guidance at 6.000-6.10 EPS. As a group, research analysts expect that SharkNinja, Inc. will post 5.74 EPS for the current year.
Insider Buying and Selling
In other news, CFO Adam Quigley sold 6,923 shares of the firm’s stock in a transaction that occurred on Friday, May 8th. The shares were sold at an average price of $112.97, for a total transaction of $782,091.31. Following the sale, the chief financial officer owned 1,750 shares of the company’s stock, valued at $197,697.50. This trade represents a 79.82% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Corporate insiders own 40.80% of the company’s stock.
Institutional Trading of SharkNinja
A number of hedge funds have recently added to or reduced their stakes in SN. Parsifal Capital Management LP acquired a new stake in SharkNinja during the third quarter valued at $111,773,000. Munro Partners increased its holdings in SharkNinja by 2,371.9% in the fourth quarter. Munro Partners now owns 784,586 shares of the company’s stock valued at $87,795,000 after buying an additional 752,846 shares in the last quarter. Morgan Stanley raised its position in shares of SharkNinja by 191.3% in the fourth quarter. Morgan Stanley now owns 1,080,326 shares of the company’s stock worth $120,889,000 after acquiring an additional 709,494 shares during the period. Evercore Wealth Management LLC acquired a new position in shares of SharkNinja in the fourth quarter worth about $60,164,000. Finally, Disciplined Growth Investors Inc. MN purchased a new stake in shares of SharkNinja during the 2nd quarter worth about $46,048,000. 34.77% of the stock is owned by hedge funds and other institutional investors.
About SharkNinja
SharkNinja (NYSE: SN) is a leading designer, marketer and distributor of innovative small home appliances under the Shark® and Ninja® brands. The company’s product portfolio spans floorcare, cleaning and home environment products, including upright, cordless and robotic vacuum cleaners, steam mops and air purifiers. In the kitchen category, SharkNinja offers a broad range of cooking and food preparation solutions, such as countertop ovens, air fryers, multicookers, blenders and coffee makers. Its products are positioned to deliver user-friendly performance, innovative features and durable design for everyday household tasks.
Founded in 1998 as Euro-Pro Operating LLC, the company initially focused on the European market before expanding its presence in North America.
Recommended Stories
- Five stocks we like better than SharkNinja
- These 3 Stocks Offer Investors Exposure to the Functional Beverage Boom
- Alcoa’s $4.1 Billion South32 Deal: Opportunity Behind the 9% Drop
- 3 High-Yield Dividend Stocks With Real Capital Gains Potential in 2026
- Analysts Just Raised Price Targets On These 3 Semiconductor Equipment Stocks