In the latest trading session, SharkNinja, Inc. (SN) closed at $97.25, marking a -1.31% move from the previous day. The stock trailed the S&P 500, which registered a daily loss of 1.11%. Elsewhere, the Dow lost 0.77%, while the tech-heavy Nasdaq lost 1.49%.The the stock of company has risen by 0.48% in the past month, lagging the Retail-Wholesale sector's gain of 1.42% and overreaching the S&P 500's gain of 0.4%.The upcoming earnings release of SharkNinja, Inc. will be of great interest to investors. The co ...

Company Overview - SharkNinja is a North American small appliance giant with a market cap of approximately $14 billion, owning the Shark and Ninja brands, which produce products like vacuum cleaners, robotic vacuum cleaners, electric mops, and various kitchen appliances [2] - The Shark brand entered the Chinese market in 2018, with its steam mop becoming the top-selling product on Tmall in 2019-2020 [4] - SharkNinja was founded in 1997 in Canada and entered the US market in 1998 [10] - The company was acquired by JS Global Lifestyle, the parent company of Joyoung, in 2017 and was later spun off and listed on the NYSE in July 2023 [13][14] Ownership and Control - SharkNinja and Joyoung share the same ultimate controller, Wang Xuning [6] - Post-spinoff, Wang Xuning retained control over both SharkNinja and JS Global Lifestyle, holding 57% of SharkNinja and 43% of JS Global Lifestyle [16][17][18] - The company's core assets, including production facilities, are primarily located in China, with 56% of its $170 million property, plant, and equipment located there as of the end of 2023 [21] - SharkNinja does not appear to have control over its core assets in China, as the legal entity for its Shark brand online stores in China is Shangkeninja (China) Technology Co Ltd, a wholly-owned subsidiary of Joyoung [23][24][26] Financial and Operational Concerns - SharkNinja's total debt increased from $500 million at the end of 2021 to $800 million at the end of 2023, while shareholder equity decreased from $1.8 billion to $1.5 billion, leading to a debt-to-equity ratio increase from 28% to 54% [35] - The company raised debt not for business operations but for pre-IPO special dividends, paying over $600 million to JS Global Lifestyle from 2021 to 2023, with Wang Xuning personally receiving $340 million [36] - Post-IPO, Wang Xuning sold 3.2 million shares in early 2024, cashing out $150 million, followed by another 4.69 million shares in March 2024, cashing out $260 million, and 1.7 million shares in September 2024, cashing out $160 million, totaling nearly $600 million in stock sales within a year [37][39][41] - Including the special dividends, Wang Xuning has cashed out over $900 million before and after the IPO [42] Corporate Structure and Governance - SharkNinja's Chinese operations are managed by Shangkeninja (China) Technology Co Ltd, which was previously a joint venture with Joyoung but became wholly owned by Joyoung in June 2022 after SharkNinja transferred its 49% stake at a nominal price [26][28] - The company's subsidiaries in China, such as Shenzhen Shangkeninja Technology Co Ltd, share the same registered address as Shenzhen Jiushang Small Appliances Co Ltd, both linked to Joyoung's vice chairman and JS Global Lifestyle's CFO, Han Run [31][32] - The short seller alleges that SharkNinja's US-listed entity is a "shell" as its core assets' control was transferred before the IPO [34]

New York, NY, Nov. 19, 2024 (GLOBE NEWSWIRE) -- In a challenge brought by BISSELL Homecare, Inc., BBB National Programs’ National Advertising Division recommended that SharkNinja Operating, LLC discontinue the claim “The Best Deep Carpet Cleaning Among Full-Sized Deep Carpet Cleaners** Based on ASTM F2828 vs. full-sized carpet cleaners above 14 lbs.”      NAD examined whether Shark’s point of comparison, carpet cleaners over 14 pounds, is consumer-relevant and whether Shark’s best deep carpet cleaning claim ...

On April 29th, we initiated coverage on SharkNinja (NYSE: SN ) with a BUY rating. In that article, we highlighted SN as an appealing play characterized by a large TAM, a broad yet high-quality portfolio, disruptive innovation, and aggressive marketing strategies. AllWelcome to my profile !I'm Vincent, and I have over three years of experience as a tech-oriented buy-side analyst at a major bank, where I managed U.S. equity portfolios with over $700M in assets under management. I’ve worked across both large-c ...

2024 年 11 月 13 日 耐用消费品及服装: 中性 证券研究报告 / 公司更新报告 SharkNinja, Inc. (SN US, 买入, 目标价: US$122.25) 买入 搏有 塑出 短期可能缺乏上涨催化剂，但依旧看好长期发展 • 扩张逻辑顺畅，基本面依旧强劲； • 短期缺乏上涨催化剂，未来 2-3 个月可能继续震荡； • 维持买入评级，上调目标价 18%至 122.25 美元，对应 25 倍 2025 年 P/E。 扩张逻辑顺畅，基本面依旧强劲：1）SN 前期发布三季度业绩，公司先后切入户外风扇、 便携式冷藏箱与冷饮机三大细分行业，虽然单一品类的优异表现可能不具备代表性，但上 述三大细分市场的超高成功率再次验证了公司的核心竞争力——敏锐的市场嗅觉、优异创 新以及独到的营销能力。2）虽然当前上述品类营收占比仍然有限，但新品（尤其全新市 场）培育本就需要时间，最直观表现便是 CREAMi 冰淇淋机。CREAMi 系列在发售初期表 现平平，但历经几个季度培育后，今年连续实现爆发增长，截止 3Q24 营收占比已提升至 高单位数（SN 过去 24 个月新品营收占比~1/3），成为驱动整体快速扩张的重要 ...

SharkNinja, Inc. (SN) has been on a downward spiral lately with significant selling pressure. After declining 15.8% over the past four weeks, the stock looks well positioned for a trend reversal as it is now in oversold territory and there is strong agreement among Wall Street analysts that the company will report better earnings than they predicted earlier. Here is How to Spot Oversold Stocks We use Relative Strength Index (RSI), one of the most commonly used technical indicators, for spotting whether a st ...

SharkNinja, Inc. (SN) has been on a downward spiral lately with significant selling pressure. After declining 15.4% over the past four weeks, the stock looks well positioned for a trend reversal as it is now in oversold territory and there is strong agreement among Wall Street analysts that the company will report better earnings than they predicted earlier.Guide to Identifying Oversold StocksWe use Relative Strength Index (RSI), one of the most commonly used technical indicators, for spotting whether a sto ...

SharkNinja, Inc. (NYSE:SN) Q3 2024 Earnings Conference Call October 31, 2024 8:30 AM ET Company Participants Arvind Bhatia - Senior Vice President, Investor Relations Mark Barrocas - Chief Executive Officer Patraic Reagan - Chief Financial Officer Conference Call Participants Brooke Roach - Goldman Sachs Randy Konik - Jefferies Andrea Teixeira - JPMorgan Megan Alexander - Morgan Stanley Operator Good morning, and thank you all for attending the SharkNinja's Third Quarter 2024 Earnings Conference Call. My na ...

Shark NINJA INVESTOR PRESENTATION OCTOBER 2024 Disclaimer This presentation contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 that reflect the Company's current views obee things, future events and its future business, financial condition results of operations and prospects. These statements ane often, but not always, made through the us such as "may, " Should," "could," "predict," "potential, " "believe, "will likely result," "continue, "will, " ...

SharkNinja, Inc. (SN) reported $1.43 billion in revenue for the quarter ended September 2024, representing a year-over-year increase of 33.3%. EPS of $1.21 for the same period compares to $0.95 a year ago.The reported revenue compares to the Zacks Consensus Estimate of $1.32 billion, representing a surprise of +8.04%. The company delivered an EPS surprise of +6.14%, with the consensus EPS estimate being $1.14.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- ...