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

SharkNinja (NYSE:SN) announced its quarterly earnings results on Thursday. The company reported $1.20 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.26 by ($0.06), Zacks reports. 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 Performance

Shares of SN stock traded up $1.34 during trading on Thursday, reaching $111.99. 3,127,747 shares of the company’s stock were exchanged, compared to its average volume of 1,091,335. SharkNinja has a twelve month low of $49.86 and a twelve month high of $123.00. The firm’s fifty day moving average price is $104.44 and its 200-day moving average price is $100.35. The company has a quick ratio of 0.95, a current ratio of 1.67 and a debt-to-equity ratio of 0.42. The stock has a market capitalization of $15.67 billion, a PE ratio of 43.85, a PEG ratio of 1.74 and a beta of 1.13.

Wall Street Analysts Forecast Growth

Several equities research analysts recently commented on SN shares. Jefferies Financial Group boosted their price objective on shares of SharkNinja from $115.00 to $150.00 and gave the company a “buy” rating in a research report on Wednesday, October 23rd. Canaccord Genuity Group boosted their price objective on shares of SharkNinja from $128.00 to $129.00 and gave the company a “buy” rating in a research report on Wednesday, January 8th. Morgan Stanley boosted their price target on shares of SharkNinja from $80.00 to $93.00 and gave the stock an “equal weight” rating in a research report on Friday, November 1st. The Goldman Sachs Group boosted their price target on shares of SharkNinja from $102.00 to $123.00 and gave the stock a “buy” rating in a research report on Monday, October 21st. Finally, JPMorgan Chase & Co. boosted their price target on shares of SharkNinja from $120.00 to $127.00 and gave the stock an “overweight” rating in a research report on Thursday, January 16th. One investment analyst has rated the stock with a hold rating and nine have assigned a buy rating to the company. According to MarketBeat, SharkNinja currently has a consensus rating of “Moderate Buy” and a consensus price target of $117.28.

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.