SharkNinja, Inc. (SN) Increases Yet Falls Behind Market: What Investors Need to Know

Company Performance - SharkNinja, Inc. (SN) closed at $107.22, with a +1.38% change from the previous day's closing price, underperforming the S&P 500 which gained 1.83% [1] - Over the last month, SharkNinja's shares increased by 4.83%, outperforming the Retail-Wholesale sector's decline of 4.54% and the S&P 500's decline of 3.31% [1] Upcoming Earnings - The company is expected to report an EPS of $1.24, reflecting a growth of 31.91% compared to the same quarter last year [2] - Revenue is projected to be $1.6 billion, indicating a 16.15% increase from the year-ago quarter [2] Analyst Estimates - Recent changes to analyst estimates for SharkNinja suggest positive short-term business trends, which are generally viewed as favorable for the company's outlook [3] - The Zacks Rank system, which incorporates these estimate changes, provides actionable ratings for investors [4] Zacks Rank and Valuation - SharkNinja currently holds a Zacks Rank of 3 (Hold), with the consensus EPS estimate remaining unchanged over the past month [5] - The company has a Forward P/E ratio of 21.96, which is higher than the industry average of 11.93, and a PEG ratio of 1.41 compared to the industry average of 1.2 [6] Industry Context - The Retail - Miscellaneous industry, part of the Retail-Wholesale sector, has a Zacks Industry Rank of 34, placing it in the top 14% of over 250 industries [7] - Research indicates that top-rated industries outperform lower-rated ones by a factor of 2 to 1 [7]