SharkNinja, Inc. (SN) Surpasses Market Returns: Some Facts Worth Knowing

Company Performance - SharkNinja, Inc. (SN) closed at $74.16, reflecting a +0.67% change from the previous day, outperforming the S&P 500's gain of 0.13% [1] - Over the past month, shares of SharkNinja have decreased by 18.39%, which is significantly worse than the Retail-Wholesale sector's loss of 5.65% and the S&P 500's loss of 6.3% [1] Earnings Forecast - The upcoming earnings report for SharkNinja is expected to show an EPS of$ 0.76, representing a 28.3% decline compared to the same quarter last year [2] - Revenue is forecasted at $1.17 billion, indicating a 9.81% increase from the same quarter last year [2] Annual Estimates - For the annual period, Zacks Consensus Estimates predict earnings of$ 4.91 per share and revenue of $6.23 billion, reflecting increases of +12.36% and +12.69% respectively from the previous year [3] Analyst Sentiment - Recent adjustments to analyst estimates for SharkNinja are important as they reflect near-term business trends, with positive revisions indicating a favorable outlook on the company's health and profitability [3][4] Zacks Rank - SharkNinja currently holds a Zacks Rank of 2 (Buy), with the Zacks Consensus EPS estimate having increased by 0.04% over the last 30 days [5] Valuation Metrics - SharkNinja has a Forward P/E ratio of 15.01, which is higher than the industry average Forward P/E of 12.66 [6] - The company has a PEG ratio of 1.44, compared to the average PEG ratio of 1.36 for Retail - Miscellaneous stocks [6] Industry Context - The Retail - Miscellaneous industry, part of the Retail-Wholesale sector, has a Zacks Industry Rank of 146, placing it in the bottom 42% of over 250 industries [7] - Historically, the top 50% rated industries outperform the bottom half by a factor of 2 to 1 [7]