SharkNinja, Inc. (SN) Sees a More Significant Dip Than Broader Market: Some Facts to Know

In the latest trading session, SharkNinja, Inc. (SN) closed at $97.06, marking a -0.31% move from the previous day. The stock fell short of the S&P 500, which registered a loss of 0.22% for the day. On the other hand, the Dow registered a loss of 0.36%, and the technology-centric Nasdaq decreased by 0.16%.Coming into today, shares of the company had lost 7.67% in the past month. In that same time, the Retail-Wholesale sector lost 1.69%, while the S&P 500 lost 2.36%.Market participants will be closely following the financial results of SharkNinja, Inc. in its upcoming release. In that report, analysts expect SharkNinja, Inc. to post earnings of $1.24 per share. This would mark year-over-year growth of 31.91%. Meanwhile, the Zacks Consensus Estimate for revenue is projecting net sales of $1.6 billion, up 16.15% from the year-ago period.Furthermore, it would be beneficial for investors to monitor any recent shifts in analyst projections for SharkNinja, Inc. These recent revisions tend to reflect the evolving nature of short-term business trends. Hence, positive alterations in estimates signify analyst optimism regarding the company's business and profitability.Research indicates that these estimate revisions are directly correlated with near-term share price momentum. To capitalize on this, we've crafted the Zacks Rank, a unique model that incorporates these estimate changes and offers a practical rating system.Ranging from #1 (Strong Buy) to #5 (Strong Sell), the Zacks Rank system has a proven, outside-audited track record of outperformance, with #1 stocks returning an average of +25% annually since 1988. The Zacks Consensus EPS estimate remained stagnant within the past month. As of now, SharkNinja, Inc. holds a Zacks Rank of #3 (Hold).From a valuation perspective, SharkNinja, Inc. is currently exchanging hands at a Forward P/E ratio of 20.21. This indicates a premium in contrast to its industry's Forward P/E of 12.44.Also, we should mention that SN has a PEG ratio of 1.3. The PEG ratio is akin to the commonly utilized P/E ratio, but this measure also incorporates the company's anticipated earnings growth rate. The Retail - Miscellaneous was holding an average PEG ratio of 1.87 at yesterday's closing price.The Retail - Miscellaneous industry is part of the Retail-Wholesale sector. With its current Zacks Industry Rank of 167, this industry ranks in the bottom 34% of all industries, numbering over 250.The Zacks Industry Rank gauges the strength of our industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.Be sure to follow all of these stock-moving metrics, and many more, on Zacks.com.Just Released: Zacks Top 10 Stocks for 2024Hurry – you can still get in early on our 10 top tickers for 2025. Handpicked by Zacks Director of Research Sheraz Mian, this portfolio has been stunningly and consistently successful. From inception in 2012 through November, 2024, the Zacks Top 10 Stocks gained +2,112.6%, more than QUADRUPLING the S&P 500’s +475.6%. Sheraz has combed through 4,400 companies covered by the Zacks Rank and handpicked the best 10 to buy and hold in 2025. You can still be among the first to see these just-released stocks with enormous potential. See New Top 10 Stocks >>Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report SharkNinja, Inc. (SN): Free Stock Analysis ReportTo read this article on Zacks.com click here.Zacks Investment ResearchWeiter zum vollständigen Artikel bei Zacks Weiter zum vollständigen Artikel bei Zacks