SharkNinja, Inc. (SN) Surpasses Market Returns: Some Facts Worth Knowing
SharkNinja, Inc. (SN) reached $163.33 at the closing of the latest trading day, reflecting a +2.58% change compared to its last close.
In the latest trading session, SharkNinja, Inc. (SN) closed at $163.33, marking a +2.58% move from the previous day. The stock's change was more than the S&P 500's daily gain of 1.66%. Elsewhere, the Dow gained 1.19%, while the tech-heavy Nasdaq added 2.78%.
The stock of company has risen by 4.86% in the past month, leading the Consumer Discretionary sector's gain of 1.92% and the S&P 500's loss of 1.49%.
The investment community will be paying close attention to the earnings performance of SharkNinja, Inc. in its upcoming release. The company is slated to reveal its earnings on August 5, 2026. The company is expected to report EPS of $1.1, up 13.4% from the prior-year quarter. Meanwhile, our latest consensus estimate is calling for revenue of $1.64 billion, up 13.45% from the prior-year quarter.
For the annual period, the Zacks Consensus Estimates anticipate earnings of $6.16 per share and a revenue of $7.2 billion, signifying shifts of +16.67% and +12.44%, respectively, from the last year.
Investors should also note any recent changes to analyst estimates for SharkNinja, Inc. These revisions typically reflect the latest short-term business trends, which can change frequently. As such, positive estimate revisions reflect analyst optimism about the business and profitability.
Based on our research, we believe these estimate revisions are directly related to near-term stock moves. To benefit from this, we have developed the Zacks Rank, a proprietary model which takes these estimate changes into account and provides an actionable rating system.
The Zacks Rank system ranges from #1 (Strong Buy) to #5 (Strong Sell). It has a remarkable, outside-audited track record of success, with #1 stocks delivering an average annual return of +25% since 1988. The Zacks Consensus EPS estimate has moved 0.53% higher within the past month. Currently, SharkNinja, Inc. is carrying a Zacks Rank of #2 (Buy).
With respect to valuation, SharkNinja, Inc. is currently being traded at a Forward P/E ratio of 25.85. This valuation marks a premium compared to its industry average Forward P/E of 16.38.
Meanwhile, SN's PEG ratio is currently 1.95. This metric is used similarly to the famous P/E ratio, but the PEG ratio also takes into account the stock's expected earnings growth rate. The average PEG ratio for the Consumer Products - Discretionary industry stood at 1.69 at the close of the market yesterday.
The Consumer Products - Discretionary industry is part of the Consumer Discretionary sector. This industry, currently bearing a Zacks Industry Rank of 192, finds itself in the bottom 22% echelons of all 250+ industries.
The Zacks Industry Rank assesses the vigor of our specific industry groups by computing the average Zacks Rank of the individual stocks incorporated in the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Ensure to harness Zacks.com to stay updated with all these stock-shifting metrics, among others, in the next trading sessions.
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This article originally published on Zacks Investment Research (zacks.com).