SN Stock Summary and Trading Ideas (Sharkninja | NYSE:SN)

SharkNinja Inc is a product design and technology company that creates 5-star-rated lifestyle solutions through inventive products for consumers around the world. Its product categories include Cleaning, Cooking, Food Preparation, Home Environment and Beauty products. It sells vacuum cleaners, cooking pots, fryers, hair dryers, etc. The SharkNinja Group is expected to carry on the design, production, marketing and distribution of the Shark and Ninja brands of small household appliances in North America, Europe and other selected international markets (excluding the Asia Pacific Region and Greater China). Currently, the majority of the revenue is derived from the U.S. market.

Sharkninja trades on the NYSE stock market under the symbol SN.

As of April 19, 2024, SN stock price declined to $61.89 with 156,827 million shares trading.

SN has a beta of 0.88, meaning it tends to be less sensitive to market movements. SN has a correlation of 0.07 to the broad based SPY ETF.

SN has a market cap of $8.65 billion. This is considered a Mid Cap stock.

Last quarter Sharkninja reported $1 billion in Revenue and $.94 earnings per share. This beat revenue expectation by $67 million and exceeded earnings estimates by $.08.

The top ETF exchange traded funds that SN belongs to (by Net Assets): FNDA, DFAC, DFUV, DFAS, PRFZ.

SN support price is $60.68 and resistance is $63.48 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that SN stock will trade within this expected range on the day.