Workflow
SharkNinja(SN)
icon
Search documents
Why SharkNinja, Inc. (SN) Outpaced the Stock Market Today
ZACKS· 2025-01-30 23:56
Company Performance - SharkNinja, Inc. (SN) closed at $113.72, reflecting a +1.74% increase from the previous day, outperforming the S&P 500's gain of 0.53% [1] - Over the past month, SharkNinja's shares have increased by 14.81%, significantly surpassing the Retail-Wholesale sector's gain of 5.57% and the S&P 500's gain of 1.24% [1] Upcoming Earnings - The company's projected earnings per share (EPS) for the upcoming earnings disclosure is $1.25, indicating a 32.98% increase from the same quarter last year [2] - The Zacks Consensus Estimate for revenue is $1.61 billion, which represents a 16.64% increase from the year-ago period [2] Analyst Estimates - Recent changes to analyst estimates for SharkNinja reflect evolving short-term business trends, with positive revisions indicating optimism about the company's outlook [3] - The Zacks Rank system, which incorporates estimate changes, currently ranks SharkNinja at 2 (Buy), suggesting favorable stock performance potential [5] Valuation Metrics - SharkNinja is trading at a Forward P/E ratio of 23.18, which is a premium compared to the industry's average Forward P/E of 12.36 [6] - The company has a PEG ratio of 1.49, compared to the Retail - Miscellaneous industry's average PEG ratio of 1.4 [6] Industry Context - The Retail - Miscellaneous industry, part of the Retail-Wholesale sector, holds a Zacks Industry Rank of 21, placing it in the top 9% of over 250 industries [7] - Research indicates that the top 50% rated industries outperform the bottom half by a factor of 2 to 1 [7]
SharkNinja, Inc. (SN) Sees a More Significant Dip Than Broader Market: Some Facts to Know
ZACKS· 2025-01-24 23:55
Company Performance - SharkNinja, Inc. (SN) closed at $110.62, reflecting a -0.77% change from the previous day, underperforming compared to the S&P 500's loss of 0.29% [1] - Over the last month, SharkNinja's shares increased by 13.13%, outperforming the Retail-Wholesale sector's gain of 3.53% and the S&P 500's gain of 2.52% [1] Earnings Expectations - The upcoming earnings report for SharkNinja is anticipated to show an EPS of $1.25, representing a 32.98% increase from the same quarter last year [2] - The Zacks Consensus Estimate projects net sales of $1.61 billion, which is a 16.64% increase from the previous year [2] Analyst Estimates - Recent changes in analyst estimates for SharkNinja are crucial as they reflect short-term business trends, with positive revisions indicating a favorable outlook on the company's health and profitability [3] Zacks Rank and Performance - SharkNinja currently holds a Zacks Rank of 2 (Buy), with the Zacks Consensus EPS estimate having increased by 0.13% over the last 30 days [5] - The Zacks Rank system has a strong track record, with 1 stocks averaging an annual return of +25% since 1988 [5] Valuation Metrics - SharkNinja is trading at a Forward P/E ratio of 23.12, which is a premium compared to the industry's average Forward P/E of 14.4 [6] - The company has a PEG ratio of 1.48, slightly above the Retail - Miscellaneous industry's average PEG ratio of 1.38 [6] Industry Context - The Retail - Miscellaneous industry, part of the Retail-Wholesale sector, has a Zacks Industry Rank of 40, placing it in the top 16% of over 250 industries [7] - Research indicates that the top 50% rated industries outperform the bottom half by a factor of 2 to 1 [7]
Will SharkNinja, Inc. (SN) Beat Estimates Again in Its Next Earnings Report?
ZACKS· 2025-01-21 18:15
If you are looking for a stock that has a solid history of beating earnings estimates and is in a good position to maintain the trend in its next quarterly report, you should consider SharkNinja, Inc. (SN) . This company, which is in the Zacks Retail - Miscellaneous industry, shows potential for another earnings beat.When looking at the last two reports, this company has recorded a strong streak of surpassing earnings estimates. The company has topped estimates by 13.24%, on average, in the last two quarter ...
SharkNinja, Inc. (SN) Increases Yet Falls Behind Market: What Investors Need to Know
ZACKS· 2025-01-15 23:55
SharkNinja, Inc. (SN) ended the recent trading session at $107.22, demonstrating a +1.38% swing from the preceding day's closing price. The stock fell short of the S&P 500, which registered a gain of 1.83% for the day. Elsewhere, the Dow gained 1.65%, while the tech-heavy Nasdaq added 2.45%.The company's shares have seen an increase of 4.83% over the last month, surpassing the Retail-Wholesale sector's loss of 4.54% and the S&P 500's loss of 3.31%.Analysts and investors alike will be keeping a close eye on ...
Smith+Nephew’s ALLEVYN™ LIFE Sacrum Foam Dressing and LEAF™ Patient Monitoring System receive ‘favorable’ Evidence Bar™ ratings from ECRI for pressure injury prevention
GlobeNewswire· 2025-01-14 13:00
Smith+Nephew (LSE:SN, NYSE:SNN), the global medical technology company, today announces that ECRI – leaders in advancing evidence-based healthcare globally - have completed updated Clinical Evidence Assessments of ALLEVYN LIFE Sacrum Foam Dressings and the LEAF Patient Monitoring System. In their latest reports, ECRI upgraded its Evidence Bar ratings for both to favorable* after assessing the most recently published clinical evidence and key outcomes for pressure injury prevention. The ECRI Evidence Bar pro ...
SharkNinja, Inc. (SN) Stock Slides as Market Rises: Facts to Know Before You Trade
ZACKS· 2025-01-09 23:55
The most recent trading session ended with SharkNinja, Inc. (SN) standing at $102.22, reflecting a -0.22% shift from the previouse trading day's closing. This change lagged the S&P 500's 0.16% gain on the day. Meanwhile, the Dow experienced a rise of 0.25%, and the technology-dominated Nasdaq saw a decrease of 0.06%.The the stock of company has risen by 0.58% in the past month, leading the Retail-Wholesale sector's loss of 4.61% and the S&P 500's loss of 2.7%.Market participants will be closely following th ...
Why SharkNinja, Inc. (SN) Dipped More Than Broader Market Today
ZACKS· 2024-12-27 23:56
In the latest trading session, SharkNinja, Inc. (SN) closed at $97.25, marking a -1.31% move from the previous day. The stock trailed the S&P 500, which registered a daily loss of 1.11%. Elsewhere, the Dow lost 0.77%, while the tech-heavy Nasdaq lost 1.49%.The the stock of company has risen by 0.48% in the past month, lagging the Retail-Wholesale sector's gain of 1.42% and overreaching the S&P 500's gain of 0.4%.The upcoming earnings release of SharkNinja, Inc. will be of great interest to investors. The co ...
SharkNinja Inc:小家电巨头SharkNinja被做空:沦为九阳股份老板的境外提款机?已套现9亿美元
市值风云· 2024-11-25 10:41
Company Overview - SharkNinja is a North American small appliance giant with a market cap of approximately $14 billion, owning the Shark and Ninja brands, which produce products like vacuum cleaners, robotic vacuum cleaners, electric mops, and various kitchen appliances [2] - The Shark brand entered the Chinese market in 2018, with its steam mop becoming the top-selling product on Tmall in 2019-2020 [4] - SharkNinja was founded in 1997 in Canada and entered the US market in 1998 [10] - The company was acquired by JS Global Lifestyle, the parent company of Joyoung, in 2017 and was later spun off and listed on the NYSE in July 2023 [13][14] Ownership and Control - SharkNinja and Joyoung share the same ultimate controller, Wang Xuning [6] - Post-spinoff, Wang Xuning retained control over both SharkNinja and JS Global Lifestyle, holding 57% of SharkNinja and 43% of JS Global Lifestyle [16][17][18] - The company's core assets, including production facilities, are primarily located in China, with 56% of its $170 million property, plant, and equipment located there as of the end of 2023 [21] - SharkNinja does not appear to have control over its core assets in China, as the legal entity for its Shark brand online stores in China is Shangkeninja (China) Technology Co Ltd, a wholly-owned subsidiary of Joyoung [23][24][26] Financial and Operational Concerns - SharkNinja's total debt increased from $500 million at the end of 2021 to $800 million at the end of 2023, while shareholder equity decreased from $1.8 billion to $1.5 billion, leading to a debt-to-equity ratio increase from 28% to 54% [35] - The company raised debt not for business operations but for pre-IPO special dividends, paying over $600 million to JS Global Lifestyle from 2021 to 2023, with Wang Xuning personally receiving $340 million [36] - Post-IPO, Wang Xuning sold 3.2 million shares in early 2024, cashing out $150 million, followed by another 4.69 million shares in March 2024, cashing out $260 million, and 1.7 million shares in September 2024, cashing out $160 million, totaling nearly $600 million in stock sales within a year [37][39][41] - Including the special dividends, Wang Xuning has cashed out over $900 million before and after the IPO [42] Corporate Structure and Governance - SharkNinja's Chinese operations are managed by Shangkeninja (China) Technology Co Ltd, which was previously a joint venture with Joyoung but became wholly owned by Joyoung in June 2022 after SharkNinja transferred its 49% stake at a nominal price [26][28] - The company's subsidiaries in China, such as Shenzhen Shangkeninja Technology Co Ltd, share the same registered address as Shenzhen Jiushang Small Appliances Co Ltd, both linked to Joyoung's vice chairman and JS Global Lifestyle's CFO, Han Run [31][32] - The short seller alleges that SharkNinja's US-listed entity is a "shell" as its core assets' control was transferred before the IPO [34]
National Advertising Division Recommends SharkNinja Discontinue Certain Best Deep Carpet Cleaning Claims
GlobeNewswire News Room· 2024-11-19 14:00
New York, NY, Nov. 19, 2024 (GLOBE NEWSWIRE) -- In a challenge brought by BISSELL Homecare, Inc., BBB National Programs’ National Advertising Division recommended that SharkNinja Operating, LLC discontinue the claim “The Best Deep Carpet Cleaning Among Full-Sized Deep Carpet Cleaners** Based on ASTM F2828 vs. full-sized carpet cleaners above 14 lbs.”      NAD examined whether Shark’s point of comparison, carpet cleaners over 14 pounds, is consumer-relevant and whether Shark’s best deep carpet cleaning claim ...
SharkNinja: Aggressive Growth And Global Expansion Set To Continue
Seeking Alpha· 2024-11-15 11:45
Core Viewpoint - SharkNinja (NYSE: SN) is identified as an attractive investment opportunity due to its large Total Addressable Market (TAM), diverse and high-quality product portfolio, disruptive innovation, and aggressive marketing strategies [1]. Group 1: Company Overview - SharkNinja has a significant Total Addressable Market (TAM), indicating strong growth potential in the industry [1]. - The company boasts a broad yet high-quality portfolio of products, which enhances its competitive positioning [1]. - SharkNinja is recognized for its disruptive innovation, suggesting that it is likely to introduce new products or services that could change market dynamics [1]. - The company employs aggressive marketing strategies, which may contribute to its brand visibility and market penetration [1]. Group 2: Analyst Background - The analyst has over three years of experience as a tech-oriented buy-side analyst, managing U.S. equity portfolios exceeding $700 million in assets [1]. - The analyst has worked with both large-cap and small-cap stocks, providing a comprehensive understanding of financial markets [1]. - The focus is on identifying future leaders in the market and making complex companies accessible for investors [1].