SharkNinja (SN) Projected to Post Quarterly Earnings on Thursday

SharkNinja (NYSE:SN) will likely be posting its quarterly earnings results before the market opens on Thursday, February 13th. Analysts expect the company to announce earnings of $1.26 per share and revenue of $1.63 billion for the quarter. Persons that wish to listen to the company’s earnings conference call can do so using this link.

SharkNinja Price Performance

SN stock opened at $108.57 on Wednesday. SharkNinja has a one year low of $49.86 and a one year high of $115.98. The firm has a 50-day moving average of $104.14 and a two-hundred day moving average of $100.04. The firm has a market capitalization of $15.19 billion, a PE ratio of 42.58, a P/E/G ratio of 1.74 and a beta of 1.13. The company has a current ratio of 1.67, a quick ratio of 0.95 and a debt-to-equity ratio of 0.42.

Analyst Upgrades and Downgrades

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