SharkNinja, Inc. (SN) Beats Stock Market Upswing: What Investors Need to Know

Company Performance - SharkNinja, Inc. (SN) closed at $126.17, reflecting a +1.85% increase from the previous day, outperforming the S&P 500's gain of 0.26% [1] - The stock has risen by 9.68% over the past month, contrasting with a 1.08% loss in the Consumer Discretionary sector and a 1.57% gain in the S&P 500 [1] Upcoming Earnings Expectations - Analysts expect SharkNinja, Inc. to report earnings of $1.78 per share, indicating a year-over-year growth of 27.14% [2] - The consensus estimate for revenue is $2.07 billion, representing a 16.07% increase compared to the same quarter last year [2] Annual Estimates - For the annual period, earnings are anticipated to be $5.13 per share, reflecting a +17.39% change from the previous year, while revenue is expected to remain at $6.37 billion, showing no change [3] Analyst Sentiment - Recent changes in analyst estimates for SharkNinja, Inc. are crucial as they reflect short-term business trends, with positive revisions indicating analyst optimism about profitability [3][4] Zacks Rank and Valuation - SharkNinja, Inc. currently holds a Zacks Rank of 3 (Hold), with no changes in the consensus EPS estimate over the past month [5] - The company is trading at a Forward P/E ratio of 20.99, which is higher than the industry average of 14.48, suggesting a premium valuation [6] PEG Ratio - The current PEG ratio for SharkNinja, Inc. is 1.86, compared to the Consumer Products - Discretionary industry's average PEG ratio of 0.64 [7] Industry Context - The Consumer Products - Discretionary industry has a Zacks Industry Rank of 184, placing it in the bottom 25% of over 250 industries, indicating weaker performance compared to higher-ranked industries [8]