SharkNinja, Inc. (NYSE:SN) Given Consensus Rating of “Moderate Buy” by Analysts

Shares of SharkNinja, Inc. (NYSE:SN) have been given a consensus recommendation of “Moderate Buy” by the eleven analysts that are presently covering the stock, Marketbeat.com reports. Two research analysts have rated the stock with a hold rating, eight have given a buy rating and one has assigned a strong buy rating to the company. The average 12 month target price among brokers that have covered the stock in the last year is $150.00.

A number of research analysts have recently issued reports on SN shares. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of SharkNinja in a research report on Friday, April 10th. Canaccord Genuity Group boosted their price objective on shares of SharkNinja from $160.00 to $161.00 and gave the stock a “buy” rating in a research note on Monday, May 4th. Wall Street Zen lowered shares of SharkNinja from a “buy” rating to a “hold” rating in a research note on Saturday, May 9th. 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 objective for the company. Finally, Jefferies Financial Group reiterated a “buy” rating on shares of SharkNinja in a research note on Wednesday, May 6th.

SharkNinja Trading Up 0.1%

NYSE SN opened at $145.29 on Monday. The company has a debt-to-equity ratio of 0.25, a quick ratio of 1.62 and a current ratio of 2.38. The company has a market capitalization of $20.56 billion, a price-to-earnings ratio of 29.29, a price-to-earnings-growth ratio of 1.95 and a beta of 1.35. The company’s 50-day simple moving average is $120.80 and its two-hundred day simple moving average is $117.57. SharkNinja has a one year low of $83.12 and a one year high of $145.88.

SharkNinja (NYSE:SN) last posted its earnings results on Wednesday, May 6th. The company reported $1.09 EPS for the quarter, beating analysts’ consensus estimates of $1.01 by $0.08. The business had revenue of $1.41 billion for the quarter, compared to the consensus estimate of $1.38 billion. SharkNinja had a net margin of 10.70% and a return on equity of 29.07%. The company’s revenue for the quarter was up 15.6% on a year-over-year basis. During the same quarter last year, the firm posted $0.87 EPS. SharkNinja has set its FY 2026 guidance at 6.000-6.10 EPS. Equities analysts forecast that SharkNinja will post 5.74 EPS for the current fiscal year.

Insider Activity at SharkNinja

In related news, CFO Adam Quigley sold 6,923 shares of the business’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 completion of the transaction, the chief financial officer owned 1,750 shares in the company, valued at $197,697.50. The trade was a 79.82% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. 40.80% of the stock is currently owned by company insiders.

Institutional Inflows and Outflows

Large investors have recently modified their holdings of the company. Fideuram Intesa Sanpaolo Private Banking S.P.A. bought a new position in shares of SharkNinja during the 1st quarter worth approximately $27,000. Transamerica Financial Advisors LLC grew its stake in shares of SharkNinja by 459.3% during the fourth quarter. Transamerica Financial Advisors LLC now owns 302 shares of the company’s stock worth $34,000 after acquiring an additional 248 shares during the last quarter. Larson Financial Group LLC grew its stake in shares of SharkNinja by 64.3% during the third quarter. Larson Financial Group LLC now owns 322 shares of the company’s stock worth $33,000 after acquiring an additional 126 shares during the last quarter. Los Angeles Capital Management LLC purchased a new stake in shares of SharkNinja during the fourth quarter worth about $38,000. Finally, Sunbelt Securities Inc. purchased a new stake in shares of SharkNinja during the third quarter worth about $46,000. Institutional investors own 34.77% of the company’s stock.

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.