SharkNinja, Inc. (SN) Rises Yet Lags Behind Market: Some Facts Worth Knowing

Company Performance - SharkNinja, Inc. is expected to report EPS of $0.57, reflecting a 21.28% increase from the prior-year quarter [1] - The revenue forecast for SharkNinja is $1.06 billion, indicating a 12% increase compared to the same quarter of the previous year [1] - For the full year, the projected earnings are $3.82 per share and revenue of $4.76 billion, representing changes of +18.63% and +11.82% from the prior year [4] Valuation Metrics - SharkNinja, Inc. has a Forward P/E ratio of 19.28, which is higher than the industry average Forward P/E of 12.54, suggesting that the company is trading at a premium [5] - The company also has a PEG ratio of 1.35, compared to the average PEG ratio for the Furniture industry, which is 1.16 [12] Market Performance - SharkNinja's shares have decreased by 7.92% over the last month, underperforming the Consumer Discretionary sector's gain of 0.89% and the S&P 500's gain of 3.82% [7] - At the latest market close, SharkNinja's stock price was $73.84, with a slight increase of +0.37% compared to the previous day, lagging behind the S&P 500's 0.64% gain [10] Analyst Ratings - SharkNinja, Inc. currently holds a Zacks Rank of 2 (Buy), indicating a positive outlook based on the Zacks Rank system [2] - Recent revisions to analyst forecasts for SharkNinja are important as they reflect evolving short-term business trends, with positive revisions signaling optimism about the company's outlook [11]