A major move is in the offing as SharkNinja Inc (SN) market cap hits 14.23 billion

SharkNinja Inc (NYSE: SN) kicked off on Tuesday, down -2.46% from the previous trading day, before settling in for the closing price of $104.27. Over the past 52 weeks, SN has traded in a range of $40.17-$112.93.

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During the last 5-year period, the sales growth of Consumer Cyclical Sector giant was 16.51%. While this was happening, its average annual earnings per share was recorded 31.62%. With a float of $61.77 million, this company’s outstanding shares have now reached $139.08 million.

Let’s determine the extent of company efficiency that accounts for 3019 employees. In terms of profitability, gross margin is 47.43%, operating margin of 11.14%, and the pretax margin is 9.72%.

SharkNinja Inc (SN) Insider Activity

Our next focus will be how large-scale investors are participating in this stock of the Furnishings, Fixtures & Appliances Industry. The insider ownership of SharkNinja Inc is 55.86%, while institutional ownership is 52.28%. The most recent insider transaction that took place on Oct 28 ’24, was worth 397,544. Before that another transaction happened on Oct 25 ’24, when Company’s Officer proposed sale 3,007 for $110.11, making the entire transaction worth $331,112.

SharkNinja Inc (SN) Earnings and Forecasts

In the latest quarterly report, which was put into the public domain on 9/30/2024, the organization reported 0.94 earnings per share (EPS), higher than consensus estimate (set at 0.86) by 0.08. Wall Street market experts anticipate that the next fiscal year will bring earnings of 1.12 per share during the current fiscal year.

According to the Wall Street analysts, stocks earnings will be around 31.62% per share during the next fiscal year.

SharkNinja Inc (NYSE: SN) Trading Performance Indicators

Take a look at SharkNinja Inc’s (SN) current performance indicators. Last quarter, stock had a quick ratio of 0.95. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 2.78.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 2.55, a number that is poised to hit 1.25 in the next quarter and is forecasted to reach 4.86 in one year’s time.

Technical Analysis of SharkNinja Inc (SN)

Looking closely at SharkNinja Inc (NYSE: SN), its last 5-days average volume was 2.84 million, which is a jump from its year-to-date volume of 1.21 million. As of the previous 9 days, the stock’s Stochastic %D was 71.82%. Additionally, its Average True Range was 4.65.

During the past 100 days, SharkNinja Inc’s (SN) raw stochastic average was set at 74.08%, which indicates a significant increase from 58.41% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 91.69% in the past 14 days, which was higher than the 49.05% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $104.12, while its 200-day Moving Average is $77.75. However, in the short run, SharkNinja Inc’s stock first resistance to watch stands at $104.29. Second resistance stands at $106.86. The third major resistance level sits at $108.77. If the price goes on to break the first support level at $99.81, it is likely to go to the next support level at $97.90. Should the price break the second support level, the third support level stands at $95.33.

SharkNinja Inc (NYSE: SN) Key Stats

The company with the Market Capitalisation of 14.23 billion has total of 139,936K Shares Outstanding. Its annual sales at the moment are 4,254 M in contrast with the sum of 167,080 K annual income. Company’s last quarter sales were recorded 1,427 M and last quarter income was 132,330 K.