SharkNinja, Inc. (SN) Stock Declines While Market Improves: Some Information for Investors

Core Insights - SharkNinja, Inc. (SN) experienced a stock decline of 3.81% in the latest trading session, underperforming compared to the S&P 500's gain of 0.37% [1] - Over the past month, SharkNinja's shares have decreased by 16.29%, contrasting with the Retail-Wholesale sector's gain of 0.38% and the S&P 500's gain of 4.26% [1] Earnings Performance - The upcoming earnings disclosure for SharkNinja is anticipated to report an EPS of $1.32, reflecting a 9.09% increase year-over-year [2] - Revenue is projected to be $1.62 billion, indicating a 13.64% rise from the same quarter last year [2] Full-Year Estimates - Zacks Consensus Estimates predict full-year earnings of $5.05 per share and revenue of $6.32 billion, representing year-over-year increases of 15.56% and 14.35%, respectively [3] - Recent changes to analyst estimates for SharkNinja may indicate shifting near-term business trends, with positive revisions seen as favorable for the business outlook [3] Valuation Metrics - SharkNinja is currently trading at a Forward P/E ratio of 19.42, which is above the industry average of 15.63, suggesting a premium valuation [6] - The company has a PEG ratio of 1.77, compared to the Retail - Miscellaneous industry's average PEG ratio of 2.57, indicating a more favorable growth expectation relative to its valuation [7] Industry Ranking - The Retail - Miscellaneous industry, part of the Retail-Wholesale sector, holds a Zacks Industry Rank of 23, placing it in the top 10% of over 250 industries [8] - Research indicates that industries in the top 50% of Zacks Rank outperform those in the bottom half by a factor of 2 to 1 [8]