2 weeks Ago By Defense World Staff
SharkNinja (NYSE:SN – Get Free Report) had its price objective lowered by equities researchers at The Goldman Sachs Group from $133.00 to $100.00 in a note issued to investors on Tuesday,Benzinga reports.
The brokerage currently has a “buy” rating on the stock. The Goldman Sachs Group’s price target suggests a potential upside of 29.45% from the stock’s current price.
A number of other brokerages have also recently issued reports on SN. JPMorgan Chase & Co. lowered their price objective on SharkNinja from $139.
00 to $98.00 and set an “overweight” rating for the company in a research note on Friday, April 11th. Jefferies Financial Group lifted their price target on SharkNinja from $150.
00 to $175.00 and gave the stock a “buy” rating in a research report on Thursday, February 13th. Morgan Stanley increased their price objective on shares of SharkNinja from $93.
00 to $108.00 and gave the company an “equal weight” rating in a research report on Friday, February 14th. Finally, Canaccord Genuity Group lifted their target price on shares of SharkNinja from $129.
00 to $136.00 and gave the stock a “buy” rating in a report on Friday, February 14th. One research analyst has rated the stock with a hold rating and nine have assigned a buy rating to the company’s stock.
According to MarketBeat.com, SharkNinja presently has a consensus rating of “Moderate Buy” and a consensus target price of $116.72.
Check Out Our Latest Research Report on SharkNinjaSharkNinja Stock Up 3.7 %Shares of SharkNinja stock opened at $77.25 on Tuesday.
SharkNinja has a 1 year low of $60.50 and a 1 year high of $123.00.
The firm has a market cap of $10.84 billion, a price-to-earnings ratio of 24.84, a PEG ratio of 2.
35 and a beta of 1.65. The company has a 50-day moving average of $87.
30 and a 200 day moving average of $98.15. The company has a debt-to-equity ratio of 0.
38, a current ratio of 1.73 and a quick ratio of 1.14.
SharkNinja (NYSE:SN – Get Free Report) last announced its earnings results on Thursday, February 13th. The company reported $1.20 earnings per share for the quarter, missing analysts’ consensus estimates of $1.
26 by ($0.06). SharkNinja had a net margin of 7.
94% and a return on equity of 32.51%. The business had revenue of $1.
79 billion for the quarter, compared to the consensus estimate of $1.61 billion. As a group, sell-side analysts anticipate that SharkNinja will post 4.
52 earnings per share for the current fiscal year. Institutional Trading of SharkNinjaLarge investors have recently made changes to their positions in the stock. FMR LLC boosted its holdings in SharkNinja by 59.
8% in the fourth quarter. FMR LLC now owns 16,467,858 shares of the company’s stock worth $1,603,311,000 after purchasing an additional 6,160,226 shares during the last quarter. HighTower Advisors LLC boosted its stake in shares of SharkNinja by 42.
9% in the 4th quarter. HighTower Advisors LLC now owns 7,179,756 shares of the company’s stock worth $699,021,000 after buying an additional 2,155,136 shares during the last quarter. William Blair Investment Management LLC boosted its stake in shares of SharkNinja by 26.
4% in the 4th quarter. William Blair Investment Management LLC now owns 2,827,340 shares of the company’s stock worth $275,270,000 after buying an additional 590,632 shares during the last quarter. Baillie Gifford & Co.
grew its holdings in shares of SharkNinja by 33.1% in the fourth quarter. Baillie Gifford & Co.
now owns 2,430,185 shares of the company’s stock worth $236,603,000 after acquiring an additional 604,559 shares during the period. Finally, Palestra Capital Management LLC increased its position in SharkNinja by 83.4% during the fourth quarter.
Palestra Capital Management LLC now owns 1,780,785 shares of the company’s stock valued at $173,377,000 after acquiring an additional 809,960 shares during the last quarter. 34.77% of the stock is currently owned by institutional investors.
SharkNinja Company Profile (Get Free Report)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.Further ReadingFive stocks we like better than SharkNinjaInvesting in Travel Stocks BenefitsCan IBM’s Q1 Earnings Spark a Breakout for the Stock?Retail Stocks Investing, ExplainedS&P 500 and Nasdaq-100 Flashed Death Crosses—Should You Worry?What Are Growth Stocks and Investing in Them Fundamentally Sound, These 5 Stocks Sold Off Anyway.
