SharkNinja (NYSE:SN) Posts Earnings Results, Misses Expectations By $0.06 EPS

SharkNinja (NYSE:SN) released its quarterly earnings data 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. The company had revenue of $1.79 billion for the quarter, compared to analysts’ expectations of $1.61 billion. SharkNinja had a net margin of 7.02% and a return on equity of 32.55%. SharkNinja updated its FY 2025 guidance to 4.800-4.900 EPS.

SharkNinja Stock Down 3.6 %

SN stock traded down $4.12 during midday trading on Friday, hitting $110.32. The stock had a trading volume of 1,578,203 shares, compared to its average volume of 879,238. The firm has a market cap of $15.44 billion, a price-to-earnings ratio of 43.26, a price-to-earnings-growth ratio of 1.74 and a beta of 1.13. The business has a 50-day moving average of $104.88 and a two-hundred day moving average of $100.68. SharkNinja has a 52-week low of $49.86 and a 52-week high of $123.00. The company has a debt-to-equity ratio of 0.42, a current ratio of 1.67 and a quick ratio of 0.95.

Analyst Ratings Changes

Several equities research analysts have weighed in on the company. Canaccord Genuity Group increased their price objective on SharkNinja from $129.00 to $136.00 and gave the stock a “buy” rating in a report on Friday. The Goldman Sachs Group boosted their target price on SharkNinja from $102.00 to $123.00 and gave the company a “buy” rating in a research note on Monday, October 21st. Morgan Stanley boosted their target price on SharkNinja from $93.00 to $108.00 and gave the company an “equal weight” rating in a research note on Friday. Jefferies Financial Group boosted their target price on SharkNinja from $150.00 to $175.00 and gave the company a “buy” rating in a research note on Thursday. Finally, JPMorgan Chase & Co. boosted their target price on SharkNinja from $120.00 to $127.00 and gave the company an “overweight” rating in a research note on Thursday, January 16th. One investment analyst has rated the stock with a hold rating and nine have issued a buy rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $122.50.

About SharkNinja

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.