SharkNinja (NYSE:SN) Issues FY 2025 Earnings Guidance

SharkNinja (NYSE:SN - Get Free Report) updated its FY 2025 earnings guidance on Thursday. The company provided earnings per share guidance of 4.900-5.00 for the period, compared to the consensus earnings per share estimate of 4.790. The company issued revenue guidance of -, compared to the consensus revenue estimate of $6.2 billion.

SharkNinja Trading Up 0.7 %

Shares of NYSE:SN traded up $0.62 during midday trading on Friday, hitting $92.25. 2,364,876 shares of the stock were exchanged, compared to its average volume of 1,435,869. The business's 50-day moving average price is $81.92 and its 200 day moving average price is $95.95. The stock has a market capitalization of $12.95 billion, a price-to-earnings ratio of 29.66, a P/E/G ratio of 2.35 and a beta of 1.68. SharkNinja has a 12 month low of $60.50 and a 12 month high of $123.00. The company has a debt-to-equity ratio of 0.38, a quick ratio of 1.14 and a current ratio of 1.73.

SharkNinja (NYSE:SN - Get Free Report) last announced its quarterly earnings results on Thursday, May 8th. The company reported $0.87 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.73 by $0.14. The firm had revenue of $1.22 billion during the quarter, compared to analysts' expectations of $1.17 billion. SharkNinja had a net margin of 7.94% and a return on equity of 32.51%. The company's revenue was up 14.7% on a year-over-year basis. During the same period in the prior year, the company posted $1.06 EPS. Analysts predict that SharkNinja will post 4.52 earnings per share for the current year.

Wall Street Analysts Forecast Growth

A number of equities research analysts have commented on the company. Morgan Stanley upped their price target on SharkNinja from $85.00 to $101.00 and gave the company an "equal weight" rating in a research report on Friday. Jefferies Financial Group increased their target price on shares of SharkNinja from $150.00 to $175.00 and gave the company a "buy" rating in a research report on Thursday, February 13th. Canaccord Genuity Group boosted their price target on shares of SharkNinja from $129.00 to $136.00 and gave the stock a "buy" rating in a research report on Friday, February 14th. Oppenheimer upped their price objective on shares of SharkNinja from $105.00 to $120.00 and gave the company an "outperform" rating in a research note on Friday. Finally, The Goldman Sachs Group lifted their target price on shares of SharkNinja from $100.00 to $112.00 and gave the stock a "buy" rating in a research note on Friday. One equities research analyst has rated the stock with a hold rating and eight have issued a buy rating to the company's stock. Based on data from MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and an average price target of $121.50.

SharkNinja Company Profile

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.