In the past week, SN stock has gone up by 6.19%, with a monthly gain of 15.52% and a quarterly surge of 8.29%. The volatility ratio for the week is 3.00%, and the volatility levels for the last 30 days are 3.98% for SharkNinja Inc The simple moving average for the past 20 days is 5.51% for SN’s stock, with a 29.33% simple moving average for the past 200 days.
Is It Worth Investing in SharkNinja Inc (NYSE: SN) Right Now?
SharkNinja Inc (NYSE: SN) has a higher price-to-earnings ratio of 41.34x compared to its average ratio. SN has 36-month beta value of 1.05. Analysts have mixed views on the stock, with 9 analysts rating it as a “buy,” 2 as “overweight,” 1 as “hold,” and 0 as “sell.”
The public float for SN is 68.40M, and currently, short sellers hold a 5.67% ratio of that float. The average trading volume of SN on December 04, 2024 was 1.48M shares.
SN) stock’s latest price update
The stock of SharkNinja Inc (NYSE: SN) has increased by 6.62 when compared to last closing price of 98.87.Despite this, the company has seen a gain of 6.19% in its stock price over the last five trading days. proactiveinvestors.co.uk reported 2024-12-03 that JP Morgan has doubled down on its “overweight” recommendation for Smith & Nephew PLC (LSE:SN) with its analysts deeming the medical device company undervalued, trading near trough levels, with potential for significant re-rating. Despite challenges in the broader European medtech sector, S&N stands out as a value pick with promising recovery prospects.
Analysts’ Opinion of SN
Many brokerage firms have already submitted their reports for SN stocks, with Oppenheimer repeating the rating for SN by listing it as a “Outperform.” The predicted price for SN in the upcoming period, according to Oppenheimer is $120 based on the research report published on October 01, 2024 of the current year 2024.
BofA Securities gave a rating of “Buy” to SN, setting the target price at $90 in the report published on May 16th of the current year.
SN Trading at 1.70% from the 50-Day Moving Average
After a stumble in the market that brought SN to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -6.66% of loss for the given period.
Volatility was left at 3.98%, however, over the last 30 days, the volatility rate increased by 3.00%, as shares surge +11.39% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -1.58% lower at present.
During the last 5 trading sessions, SN rose by +5.48%, which changed the moving average for the period of 200-days by +99.64% in comparison to the 20-day moving average, which settled at $99.87. In addition, SharkNinja Inc saw 106.01% in overturn over a single year, with a tendency to cut further gains.
Insider Trading
Reports are indicating that there were more than several insider trading activities at SN starting from Barrocas Mark, who proposed sale 3,581 shares at the price of $111.01 back on Oct 28 ’24. After this action, Barrocas Mark now owns shares of SharkNinja Inc, valued at $397,544 using the latest closing price.
Barrocas Mark, the Officer of SharkNinja Inc, proposed sale 3,007 shares at $110.11 during a trade that took place back on Oct 25 ’24, which means that Barrocas Mark is holding shares at $331,112 based on the most recent closing price.
Stock Fundamentals for SN
Current profitability levels for the company are sitting at:
- 0.11 for the present operating margin
- 0.48 for the gross margin
The net margin for SharkNinja Inc stands at 0.07. The total capital return value is set at 0.2. Equity return is now at value 21.67, with 9.21 for asset returns.
Based on SharkNinja Inc (SN), the company’s capital structure generated 0.35 points at debt to capital in total, while cash flow to debt ratio is standing at 0.15. The debt to equity ratio resting at 0.54. The interest coverage ratio of the stock is 8.61.
Currently, EBITDA for the company is 441.96 million with net debt to EBITDA at 1.48. When we switch over and look at the enterprise to sales, we see a ratio of 3.08. The receivables turnover for the company is 4.3for trailing twelve months and the total asset turnover is 1.21. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.67.
Conclusion
To put it simply, SharkNinja Inc (SN) has had a better performance in recent times. Analysts have a bullish opinion on the stock, with some rating it as a “buy” and others as a “hold”. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
