SharkNinja (NYSE:SN) Issues FY 2025 Earnings Guidance

SharkNinja (NYSE:SN) issued an update on its FY 2025 earnings guidance on Thursday morning. The company provided earnings per share (EPS) guidance of 5.050-5.150 for the period, compared to the consensus estimate of 4.980. The company issued revenue guidance of $6.4 billion-$6.4 billion, compared to the consensus revenue estimate of $6.3 billion.

SharkNinja Stock Up 6.2%

SN opened at $91.74 on Friday. The company has a debt-to-equity ratio of 0.32, a current ratio of 1.94 and a quick ratio of 1.20. The firm has a market capitalization of $12.95 billion, a P/E ratio of 25.07, a PEG ratio of 1.64 and a beta of 1.51. SharkNinja has a fifty-two week low of $60.50 and a fifty-two week high of $128.51. The company’s 50-day moving average is $102.12 and its 200 day moving average is $101.48.

SharkNinja (NYSE:SN) last posted its quarterly earnings data on Thursday, November 6th. The company reported $1.50 earnings per share for the quarter, topping the consensus estimate of $1.32 by $0.18. The business had revenue of $1.63 billion for the quarter, compared to analysts’ expectations of $1.62 billion. SharkNinja had a return on equity of 28.78% and a net margin of 8.82%.The business’s revenue was up 14.3% on a year-over-year basis. During the same quarter in the previous year, the firm earned $1.21 earnings per share. SharkNinja has set its FY 2025 guidance at 5.050-5.150 EPS. Research analysts expect that SharkNinja will post 4.52 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

Several brokerages have commented on SN. Zacks Research lowered shares of SharkNinja from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, October 7th. Oppenheimer reduced their price objective on SharkNinja from $135.00 to $112.00 and set an “outperform” rating for the company in a report on Tuesday, October 21st. Wall Street Zen raised SharkNinja from a “hold” rating to a “buy” rating in a research report on Saturday, October 25th. Canaccord Genuity Group lifted their price objective on SharkNinja from $127.00 to $136.00 and gave the stock a “buy” rating in a report on Thursday, July 17th. Finally, JPMorgan Chase & Co. reduced their target price on shares of SharkNinja from $136.00 to $131.00 and set an “overweight” rating for the company in a research note on Friday, October 10th. Six investment analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company. Based on data from MarketBeat, SharkNinja currently has an average rating of “Moderate Buy” and a consensus target price of $128.00.

Hedge Funds Weigh In On SharkNinja

Institutional investors have recently added to or reduced their stakes in the business. Alliancebernstein L.P. grew its holdings in shares of SharkNinja by 39.3% during the second quarter. Alliancebernstein L.P. now owns 1,337,735 shares of the company’s stock worth $132,422,000 after purchasing an additional 377,544 shares in the last quarter. State Street Corp raised its position in shares of SharkNinja by 2.8% during the 2nd quarter. State Street Corp now owns 669,127 shares of the company’s stock valued at $66,237,000 after buying an additional 17,953 shares in the last quarter. Scopia Capital Management LP raised its position in SharkNinja by 10.5% during the second quarter. Scopia Capital Management LP now owns 557,683 shares of the company’s stock valued at $55,205,000 after purchasing an additional 52,817 shares in the last quarter. Goldman Sachs Group Inc. lifted its stake in SharkNinja by 169.4% during the first quarter. Goldman Sachs Group Inc. now owns 505,301 shares of the company’s stock worth $42,147,000 after purchasing an additional 317,730 shares during the last quarter. Finally, Ameriprise Financial Inc. boosted its holdings in shares of SharkNinja by 451.6% in the 2nd quarter. Ameriprise Financial Inc. now owns 486,297 shares of the company’s stock worth $48,139,000 after purchasing an additional 398,141 shares in the last quarter. 34.77% of the stock is currently owned by institutional investors.

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.