SharkNinja, Inc. (SN) Stock Dips While Market Gains: Key Facts

Company Performance - SharkNinja, Inc. (SN) closed at $103.15, reflecting a -2.89% change from the previous day's closing price, underperforming the S&P 500 which gained 0.41% [1] - Over the past month, SharkNinja's shares have decreased by 9.18%, while the Retail-Wholesale sector gained 1.09% and the S&P 500 increased by 3.15% [1] Upcoming Earnings - The upcoming earnings release is anticipated, with an expected EPS of $1.32, indicating a 9.09% growth compared to the same quarter last year [2] - The Zacks Consensus Estimate for revenue is projected at $1.62 billion, representing a 13.64% increase from the previous year [2] Fiscal Year Projections - For the entire fiscal year, earnings are projected at $5.05 per share and revenue at $6.32 billion, reflecting increases of +15.56% and +14.35% respectively from the prior year [3] - Recent changes to analyst estimates are important as they indicate short-term business trends, with positive revisions suggesting analyst optimism [3] Valuation Metrics - SharkNinja is currently trading at a Forward P/E ratio of 21.02, which is above the industry average of 19.3, indicating a premium valuation [6] - The company's PEG ratio stands at 1.91, compared to the Retail - Miscellaneous industry average of 2.6 [7] Industry Ranking - The Retail - Miscellaneous industry, part of the Retail-Wholesale sector, holds a Zacks Industry Rank of 19, placing it in the top 8% of over 250 industries [8] - The Zacks Industry Rank assesses the strength of industry groups based on the average Zacks Rank of individual stocks, with top-rated industries outperforming lower-rated ones by a factor of 2 to 1 [8]