SharkNinja, Inc. (SN) Registers a Bigger Fall Than the Market: Important Facts to Note

Company Performance - SharkNinja, Inc. (SN) closed at $105.77, reflecting a -1.02% change from the previous session, underperforming the S&P 500's loss of 0.19% [1] - Over the past month, shares of SharkNinja have increased by 18.54%, significantly outperforming the Consumer Discretionary sector's gain of 2.68% and the S&P 500's gain of 2.06% [1] Upcoming Earnings - The company is expected to report an EPS of $1.12, representing a 17.89% increase from the prior-year quarter [2] - Revenue is forecasted to be $1.29 billion, indicating a growth of 20.94% compared to the same quarter last year [2] Full-Year Estimates - Zacks Consensus Estimates project earnings of $4.23 per share and revenue of $5.18 billion for the full year, reflecting year-over-year increases of +31.37% and +21.88%, respectively [3] Analyst Sentiment - Recent changes in analyst estimates suggest a favorable outlook on SharkNinja's business health and profitability [4] - The Zacks Rank system currently rates SharkNinja as 1 (Strong Buy), indicating a positive sentiment among analysts [6] Valuation Metrics - SharkNinja has a Forward P/E ratio of 25.29, which is a premium compared to the industry average of 13.59 [7] - The company holds a PEG ratio of 1.44, compared to the Furniture industry's average PEG ratio of 1.26 [7] Industry Context - The Furniture industry, part of the Consumer Discretionary sector, has a Zacks Industry Rank of 148, placing it in the bottom 42% of over 250 industries [8] - Research indicates that the top 50% rated industries outperform the bottom half by a factor of 2 to 1 [8]