霍奇斯资本管理公司收购了 SharkNinja, Inc.(NYSE:SN)的新股份

Market Beat
2024.09.05 11:35

Hodges Capital Management Inc. has acquired a new position in SharkNinja, Inc. (NYSE:SN) by purchasing 27,932 shares valued at approximately $1,099,000. Other institutional investors have also made recent investments in SharkNinja. Analysts are optimistic about SharkNinja, with several raising their price targets and issuing buy ratings. The company's stock opened at $23.07, and it has performed well, exceeding consensus estimates in its latest earnings report. SharkNinja reported significant revenue growth in the last quarter, indicating strong market presence and consumer demand.

Hodges Capital Management Inc. bought a new position in SharkNinja, Inc. (NYSE:SN - Free Report) in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund bought 27,932 shares of the company's stock, valued at approximately $2,099,000.

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Other large investors have also recently added to or reduced their stakes in the company. Parallel Advisors LLC bought a new position in shares of SharkNinja in the fourth quarter worth about $37,000. Headlands Technologies LLC acquired a new position in shares of SharkNinja during the first quarter worth approximately $66,000. Picton Mahoney Asset Management bought a new stake in shares of SharkNinja in the second quarter valued at approximately $70,000. E Fund Management Hong Kong Co. Ltd. acquired a new stake in shares of SharkNinja in the first quarter worth $77,000. Finally, Kessler Investment Group LLC bought a new position in SharkNinja during the second quarter worth $125,000. Institutional investors own 34.77% of the company's stock.

Wall Street Analysts Forecast Growth

SN has been the topic of several research analyst reports. UBS Group raised their price target on shares of SharkNinja from $76.00 to $83.50 and gave the stock a "buy" rating in a research report on Friday, May 10th. The Goldman Sachs Group boosted their price target on SharkNinja from $83.00 to $102.00 and gave the company a "buy" rating in a research note on Monday, August 12th. China Renaissance initiated coverage on SharkNinja in a research report on Wednesday, May 29th. They issued a "buy" rating for the company. JPMorgan Chase & Co. boosted their price objective on SharkNinja from $80.00 to $97.00 and gave the company an "overweight" rating in a research report on Friday, August 9th. Finally, Canaccord Genuity Group raised their target price on SharkNinja from $82.00 to $90.00 and gave the stock a "buy" rating in a research report on Tuesday, July 23rd. One analyst has rated the stock with a hold rating and nine have issued a buy rating to the company's stock. According to MarketBeat, SharkNinja currently has an average rating of "Moderate Buy" and a consensus price target of $83.81.


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Read Our Latest Stock Report on SharkNinja

SharkNinja Price Performance

Shares of SN stock opened at $98.07 on Thursday. The stock's fifty day simple moving average is $80.75 and its 200 day simple moving average is $71.25. SharkNinja, Inc. has a one year low of $33.08 and a one year high of $98.33. The firm has a market cap of $13.72 billion, a price-to-earnings ratio of 72.64, a P/E/G ratio of 1.40 and a beta of 0.75. The company has a debt-to-equity ratio of 0.46, a current ratio of 1.71 and a quick ratio of 1.04.

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SharkNinja (NYSE:SN - Get Free Report) last issued its earnings results on Thursday, August 8th. The company reported $0.71 EPS for the quarter, beating the consensus estimate of $0.57 by $0.14. The company had revenue of $1.25 billion for the quarter, compared to the consensus estimate of $1.08 billion. SharkNinja had a net margin of 5.16% and a return on equity of 32.29%. The firm's revenue for the quarter was up 31.4% compared to the same quarter last year. During the same quarter in the previous year, the company earned $0.46 EPS. On average, analysts expect that SharkNinja, Inc. will post 3.89 earnings per share for the current fiscal year.

SharkNinja Profile

(Free Report)

SharkNinja, Inc, a product design and technology company, engages in the provision of various solutions for consumers worldwide. It offers cleaning appliances, including corded and cordless vacuums, including handheld and robotic vacuums, as well as other floorcare products comprising steam mops, wet/dry cleaning floor products, and carpet extraction; cooking and beverage appliances, such as air fryers, multi-cookers, outdoor and countertop grills and ovens, coffee systems, carbonation, cookware, cutlery, kettles, toasters and bakeware; food preparation appliances comprising blenders, food processors, ice cream makers, and juicers; and beauty appliances, such as hair dryers and stylers, as well as home environment products comprising air purifiers and humidifiers.

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