SharkNinja, Inc. (SN) Ascends But Remains Behind Market: Some Facts to Note

Company Performance - SharkNinja, Inc. (SN) closed at $73.55, reflecting a +1.02% change from the previous trading day's close, which lagged behind the S&P 500's gain of 1.81% [1] - The company's shares experienced a loss of 16.27% over the past month, underperforming the Retail-Wholesale sector's loss of 5.27% and the S&P 500's loss of 6.14% [1] Earnings Forecast - Analysts predict SharkNinja, Inc. will report an EPS of $0.76, indicating a 28.3% decline compared to the same quarter last year [2] - Revenue is expected to be $1.17 billion, reflecting a 9.81% increase compared to the same quarter of the previous year [2] Annual Estimates - Zacks Consensus Estimates forecast earnings of $4.91 per share and revenue of $6.23 billion for the year, indicating changes of +12.36% and +12.68%, respectively, compared to the previous year [3] - Recent revisions in analyst estimates are important as they reflect near-term business trends, with positive revisions seen as a good sign for the company's outlook [3] Valuation Metrics - SharkNinja, Inc. has a Forward P/E ratio of 14.84, which is higher than the industry average of 12.91, indicating the company is trading at a premium [6] - The company holds a PEG ratio of 1.42, compared to the Retail-Miscellaneous industry average of 1.38 [7] Industry Ranking - The Retail-Miscellaneous industry has a Zacks Industry Rank of 158, placing it in the bottom 37% of all industries [7] - The Zacks Industry Rank assesses the strength of industry groups, with the top 50% rated industries outperforming the bottom half by a factor of 2 to 1 [8]