SharkNinja (NYSE:SN) Issues FY 2025 Earnings Guidance

Key Points

• SharkNinja has updated its FY 2025 earnings guidance, projecting EPS between 5.000-5.100 and revenue of $6.2 billion-$6.4 billion, slightly above analysts' expectations.
• Equities analysts have provided mixed ratings for SharkNinja, with seven analysts issuing a "buy" rating and an average target price of $129.13.
• SharkNinja's stock performance shows a recent increase, trading at $115.37, with significant institutional investments noted in the most recent quarter.

SharkNinja (NYSE:SN - Get Free Report) updated its FY 2025 earnings guidance on Thursday. The company provided earnings per share (EPS) guidance of 5.000-5.100 for the period, compared to the consensus estimate of 5.031. The company issued revenue guidance of $6.2 billion-$6.4 billion, compared to the consensus revenue estimate of $6.3 billion.

Wall Street Analyst Weigh In

A number of equities analysts have commented on SN shares. Canaccord Genuity Group upped their target price on shares of SharkNinja from $127.00 to $136.00 and gave the stock a "buy" rating in a research note on Thursday, July 17th. Morgan Stanley raised their price target on shares of SharkNinja from $85.00 to $101.00 and gave the stock an "equal weight" rating in a report on Friday, May 9th. Oppenheimer increased their price objective on shares of SharkNinja from $120.00 to $135.00 and gave the stock an "outperform" rating in a research note on Monday, July 28th. Jefferies Financial Group set a $175.00 price target on shares of SharkNinja in a research report on Monday, June 30th. Finally, Guggenheim reiterated a "buy" rating on shares of SharkNinja in a research report on Friday. One research analyst has rated the stock with a hold rating and eight have assigned a buy rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and an average price target of $129.13.

SharkNinja Price Performance

SharkNinja stock traded down $0.12 during midday trading on Monday, hitting $115.94. The company's stock had a trading volume of 104,033 shares, compared to its average volume of 1,652,409. The stock's 50-day moving average price is $103.51 and its 200-day moving average price is $96.36. The company has a quick ratio of 1.20, a current ratio of 1.94 and a debt-to-equity ratio of 0.32. The company has a market capitalization of $16.35 billion, a PE ratio of 31.87, a price-to-earnings-growth ratio of 2.24 and a beta of 1.69. SharkNinja has a 12 month low of $60.50 and a 12 month high of $128.51.

SharkNinja (NYSE:SN - Get Free Report) last issued its earnings results on Thursday, August 7th. The company reported $0.97 EPS for the quarter, topping the consensus estimate of $0.78 by $0.19. SharkNinja had a return on equity of 28.78% and a net margin of 8.82%. The firm had revenue of $1.44 billion during the quarter, compared to analysts' expectations of $1.38 billion. During the same period last year, the business earned $0.71 earnings per share. SharkNinja's quarterly revenue was up 15.7% compared to the same quarter last year. Analysts anticipate that SharkNinja will post 4.52 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in SN. Goldman Sachs Group Inc. lifted its position in shares of SharkNinja by 169.4% during the 1st quarter. Goldman Sachs Group Inc. now owns 505,301 shares of the company's stock worth $42,147,000 after buying an additional 317,730 shares during the last quarter. Royal Bank of Canada raised its position in shares of SharkNinja by 21.8% during the first quarter. Royal Bank of Canada now owns 71,872 shares of the company's stock worth $5,995,000 after acquiring an additional 12,851 shares during the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its position in shares of SharkNinja by 7.7% during the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 50,813 shares of the company's stock worth $4,238,000 after acquiring an additional 3,632 shares during the last quarter. Acadian Asset Management LLC bought a new position in shares of SharkNinja during the first quarter worth about $656,000. Finally, Integrated Wealth Concepts LLC bought a new position in shares of SharkNinja during the first quarter worth about $369,000. 34.77% of the stock is owned by institutional investors and hedge funds.

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.