Avior Wealth Management LLC Has $500,000 Position in SharkNinja, Inc. (NYSE:SN)

Avior Wealth Management LLC increased its position in shares of SharkNinja, Inc. (NYSE:SN) by 6.4% during the 4th quarter, HoldingsChannel.com reports. The fund owned 5,139 shares of the company’s stock after purchasing an additional 310 shares during the period. Avior Wealth Management LLC’s holdings in SharkNinja were worth $500,000 at the end of the most recent reporting period.

Other hedge funds have also added to or reduced their stakes in the company. Signaturefd LLC boosted its position in SharkNinja by 104.6% in the third quarter. Signaturefd LLC now owns 356 shares of the company’s stock valued at $39,000 after buying an additional 182 shares in the last quarter. Hollencrest Capital Management acquired a new stake in SharkNinja in the third quarter valued at $54,000. Safe Harbor Fiduciary LLC bought a new stake in shares of SharkNinja in the 3rd quarter valued at about $54,000. Waldron Private Wealth LLC acquired a new position in shares of SharkNinja in the third quarter worth approximately $65,000. Finally, Northwest & Ethical Investments L.P. acquired a new stake in SharkNinja during the 3rd quarter valued at approximately $163,000. 34.77% of the stock is owned by institutional investors.

Analyst Ratings Changes

Several research firms recently issued reports on SN. Morgan Stanley boosted their target price on shares of SharkNinja from $80.00 to $93.00 and gave the company an “equal weight” rating in a report on Friday, November 1st. Guggenheim lifted their price objective on shares of SharkNinja from $100.00 to $120.00 and gave the company a “buy” rating in a research note on Monday, October 7th. Jefferies Financial Group lifted their price target on shares of SharkNinja from $115.00 to $150.00 and gave the company a “buy” rating in a research note on Wednesday, October 23rd. The Goldman Sachs Group raised their target price on SharkNinja from $102.00 to $123.00 and gave the company a “buy” rating in a research note on Monday, October 21st. Finally, Oppenheimer assumed coverage on SharkNinja in a research note on Tuesday, October 1st. They issued an “outperform” rating and a $120.00 price objective for the company. One research analyst has rated the stock with a hold rating and nine have issued a buy rating to the company’s stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $117.28.

SharkNinja Price Performance

SN opened at $110.41 on Friday. The company has a debt-to-equity ratio of 0.42, a current ratio of 1.67 and a quick ratio of 0.95. The firm’s fifty day moving average price is $101.31 and its two-hundred day moving average price is $96.61. SharkNinja, Inc. has a 1 year low of $45.85 and a 1 year high of $112.93. The company has a market capitalization of $15.45 billion, a price-to-earnings ratio of 43.30, a P/E/G ratio of 1.59 and a beta of 1.10.

SharkNinja (NYSE:SN) last posted its quarterly earnings data on Thursday, October 31st. The company reported $1.21 EPS for the quarter, beating the consensus estimate of $1.04 by $0.17. SharkNinja had a net margin of 7.02% and a return on equity of 32.55%. The firm had revenue of $1.43 billion during the quarter, compared to analyst estimates of $1.31 billion. During the same quarter last year, the business posted $0.95 EPS. The company’s revenue for the quarter was up 33.3% on a year-over-year basis. As a group, analysts anticipate that SharkNinja, Inc. will post 3.89 earnings per share for the current fiscal year.

SharkNinja Company Profile

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.