SharkNinja (SN) Expected to Announce Quarterly Earnings on Thursday

SharkNinja (NYSE:SN) is projected to post its quarterly earnings results before the market opens on Thursday, February 13th. Analysts expect SharkNinja to post earnings of $1.26 per share and revenue of $1.63 billion for the quarter. Individual interested in registering for the company’s earnings conference call can do so using this link.

SharkNinja Stock Down 3.3 %

Shares of SN stock opened at $110.05 on Tuesday. The stock has a market cap of $15.40 billion, a P/E ratio of 43.16, a P/E/G ratio of 1.74 and a beta of 1.13. SharkNinja has a twelve month low of $49.86 and a twelve month high of $115.98. The stock has a 50 day moving average of $103.91 and a 200 day moving average of $99.76. The company has a current ratio of 1.67, a quick ratio of 0.95 and a debt-to-equity ratio of 0.42.

Analysts Set New Price Targets

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

SharkNinja Company Profile

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.