SharkNinja, Inc. (SN) Stock Sinks As Market Gains: Here's Why

Company Performance - SharkNinja, Inc. (SN) closed at $107.57, reflecting a -0.34% change from the previous day, underperforming the S&P 500's gain of 0.01% [1] - Over the past month, SharkNinja's shares increased by 13.42%, outperforming the Consumer Discretionary sector's gain of 3.93% and the S&P 500's gain of 1.21% [1] Upcoming Earnings - The upcoming earnings release is projected to show an EPS of $1.13, indicating an 18.95% increase year-over-year [2] - Revenue is expected to reach $1.29 billion, representing a 20.94% growth compared to the same quarter last year [2] Full Year Projections - For the full year, earnings are projected at $4.24 per share, reflecting a +31.68% change from the prior year [3] - Revenue for the full year is estimated at $5.18 billion, indicating a +21.88% increase from the previous year [3] Analyst Estimates - Recent adjustments to analyst estimates suggest a favorable outlook on SharkNinja's business health and profitability [4] - The Zacks Rank system, which incorporates estimate changes, currently ranks SharkNinja as 1 (Strong Buy) [6] Valuation Metrics - SharkNinja is trading with a Forward P/E ratio of 25.48, which is a premium compared to the industry average of 13.07 [7] - The company has a PEG ratio of 1.45, higher than the Furniture industry's average PEG ratio of 1.2 [7] Industry Context - The Furniture industry, part of the Consumer Discretionary sector, has a Zacks Industry Rank of 177, placing it in the bottom 30% of over 250 industries [8] - Research indicates that top-rated industries outperform the bottom half by a factor of 2 to 1 [8]