SharkNinja Inc. (NYSE:SN) does about 1.03M shares in volume on a normal day but saw 918143 shares change hands in Friday trading. The company now has a market cap of 9.24B USD. Its current market price is $66.08, marking an increase of 1.47% compared to the previous close of $65.12. The 52 week high reached by this stock is $65.67 whilst the lowest price level in 52 weeks is $25.24.
SharkNinja Inc. (SN) has a 20-day trading average at $63.26 and the current price is 0.62% off the 52-week high compared with 161.81% distance from its 52-week low. The 50-day simple moving average of the closing price is $60.27. If we look at the stock’s price movements over the week, volatility stands at 2.28%, which increases to 2.57% over 1 month. It is also key to look at other market indicators of price movement for the stock, where we see that the relative strength index (RSI) is at 69.30 to suggest the stock is neutral.
The consensus objective for the share price is $70.94, suggesting that the stock has a potential upside of 6.85% over the period.
The company shares received a number of brokerage firm price updates over the past month, with the latest being on April 15, 2024 when UBS initiated the stock to “Buy” and issued a price target of $76. Guggenheim initiated its price target at $60.
SharkNinja Inc. (SN) stock is up 3.51% over the week and 5.02% over the past month. Its price is 29.14% year-to-date.
To reach the target analysts have set, the stock logically needs to grow 6.85 percent from here.
The company has a return on investment of 7.21%. The price to earnings ratio (P/E ratio) amounts to 55.12 while the forward price to earnings ratio is 16.78. Price to book ratio is 6.21 and price to sales ratio is 2.17.
