Last month’s performance of 18.12% for SharkNinja Inc. (SN) is certainly impressive

On Tuesday, SharkNinja Inc. (NYSE: SN) opened higher 1.40% from the last session, before settling in for the closing price of $89.30. Price fluctuations for SN have ranged from $32.31 to $92.47 over the past 52 weeks.

Here's Your FREE Report on the #1 Small-Cap Uranium Stock of '24.

Small-cap Uranium stocks are booming in 2024! The company we're about to show you is the ONLY small-cap stock in the space that benefits from ALL aspects of the global Uranium industry with none of the risks of running a mine. Smart investors will not be hesitating on this one!

Get the FREE Report with all the details here.


Sponsored

A company in the Consumer Cyclical sector has jumped its sales by 16.51% annually for the last half of the decade. Company’s average yearly earnings per share was noted 31.09% at the time writing. With a float of $61.77 million, this company’s outstanding shares have now reached $139.08 million.

In an organization with 3019 employees, it is important to assess its efficiency. In terms of profitability, gross margin is 46.74%, operating margin of 9.56%, and the pretax margin is 8.38%.

SharkNinja Inc. (SN) Insider and Institutional Ownership

A key investor’s attitude towards the stock of the Furnishings, Fixtures & Appliances industry is another important factor to consider. The insider ownership of SharkNinja Inc. is 55.86%, while institutional ownership is 52.18%. The most recent insider transaction that took place on Aug 12 ’24, was worth 484,430. Before that another transaction happened on Aug 12 ’24, when Company’s Former Director proposed sale 2,000 for $88.04, making the entire transaction worth $176,086.

SharkNinja Inc. (SN) Latest Financial update

If we go through the results of last quarter, which was made public on 6/30/2024, the company posted 0.95 earnings per share (EPS) for the quarter, besting the agreed prediction (set at 0.81) by 0.14. Wall Street market experts anticipate that the next fiscal year will bring earnings of 1.38 per share during the current fiscal year.

According to the Wall Street analysts, stocks earnings will be around 31.09% per share during the next fiscal year.

SharkNinja Inc. (NYSE: SN) Trading Performance Indicators

Check out the current performance indicators for SharkNinja Inc. (SN). In the past quarter, the stock posted a quick ratio of 1.04. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 2.66.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 1.75, a number that is poised to hit 1.11 in the next quarter and is forecasted to reach 4.82 in one year’s time.

Technical Analysis of SharkNinja Inc. (SN)

Let’s dig in a bit further. During the last 5-days, its volume was 1.0 million. That was inferior than the volume of 1.1 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 42.51%. Additionally, its Average True Range was 2.99.

During the past 100 days, SharkNinja Inc.’s (SN) raw stochastic average was set at 93.90%, which indicates a significant increase from 85.75% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 65.67% in the past 14 days, which was higher than the 37.32% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $78.89, while its 200-day Moving Average is $62.88. However, in the short run, SharkNinja Inc.’s stock first resistance to watch stands at $92.35. Second resistance stands at $94.14. The third major resistance level sits at $96.32. If the price goes on to break the first support level at $88.38, it is likely to go to the next support level at $86.20. The third support level lies at $84.41 if the price breaches the second support level.

SharkNinja Inc. (NYSE: SN) Key Stats

There are currently 139,936K shares outstanding in the company with a market cap of 12.67 billion. Presently, the company’s annual sales total 4,254 M according to its annual income of 167,080 K. Last quarter, the company’s sales amounted to 1,249 M and its income totaled 68,050 K.