Sharkninja Stock Buy Hold or Sell Recommendation
| SN Stock | USD 62.93 0.38 0.61% |
Allowing for the 90-day total investment horizon and your above-average risk tolerance, our recommendation regarding SharkNinja is 'Strong Buy'. Macroaxis provides SharkNinja buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding SN positions. The advice algorithm takes into account all of SharkNinja's available fundamental, technical, and predictive indicators you will find on this site. Key drivers impacting SharkNinja's buy or sell advice are summarized below:
Real Value 68.54 | Target Price 67 | Hype Value 63.06 | Market Value 62.93 |
A buy or sell recommendation provided by Macroaxis is an automated directive regarding whether to purchase or sell SharkNinja given historical horizon and risk tolerance towards SharkNinja. When Macroaxis issues a 'buy' or 'sell' recommendation for SharkNinja, the advice is generated through an automated system that utilizes algorithms and statistical models.
SharkNinja |
Execute SharkNinja Buy or Sell Advice
The SharkNinja recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on SharkNinja. Macroaxis does not own or have any residual interests in SharkNinja or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute SharkNinja's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Strong Buy
Market Performance | Solid | Details | |
Volatility | Very steady | Details | |
Hype Condition | Low key | Details | |
Current Valuation | Undervalued | Details | |
Odds Of Distress | Very Low | Details | |
Economic Sensitivity | Responds to the market | Details | |
Investor Sentiment | Interested | Details | |
Analyst Consensus | Strong Buy | Details | |
Financial Strenth (F Score) | Healthy | Details | |
Financial Leverage | Inapplicable | Details | |
Reporting Quality (M-Score) | Unlikely Manipulator | Details |
SharkNinja Trading Alerts and Improvement Suggestions
| The company reports 871.07 M of total liabilities with total debt to equity ratio (D/E) of 3.45, which may imply that the company relies heavily on debt financing. SharkNinja has a current ratio of 0.91, implying that it has not enough working capital to pay out debt commitments in time. Debt can assist SharkNinja until it has trouble settling it off, either with new capital or with free cash flow. So, SharkNinja's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like SharkNinja sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for SharkNinja to invest in growth at high rates of return. When we think about SharkNinja's use of debt, we should always consider it together with cash and equity. | |
| About 56.0% of SharkNinja outstanding shares are owned by corporate insiders | |
| Latest headline from investorplace.com: Tax Refund Windfall The Top 3 Discount Store Stocks to Buy Now |
SharkNinja Returns Distribution Density
The distribution of SharkNinja's historical returns is an attempt to chart the uncertainty of SharkNinja's future price movements. The chart of the probability distribution of SharkNinja daily returns describes the distribution of returns around its average expected value. We use SharkNinja price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of SharkNinja returns is essential to provide solid investment advice for SharkNinja.
| Mean Return | 0.41 | Value At Risk | -2.1 | Potential Upside | 2.86 | Standard Deviation | 1.69 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of SharkNinja historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.
SharkNinja Greeks
Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to SharkNinja or Household Durables sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that SharkNinja's price will be affected by overall stock market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a SharkNinja stock's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α | Alpha over NYSE Composite | 0.29 | |
β | Beta against NYSE Composite | 1.23 | |
σ | Overall volatility | 1.69 | |
Ir | Information ratio | 0.19 |
SharkNinja Volatility Alert
SharkNinja has relatively low volatility with skewness of -0.41 and kurtosis of 0.38. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure SharkNinja's stock risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact SharkNinja's stock price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different financial instruments as prices fall.SharkNinja Fundamentals Vs Peers
Comparing SharkNinja's fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze SharkNinja's direct or indirect competition across all of the common fundamentals between SharkNinja and the related equities. This way, we can detect undervalued stocks with similar characteristics as SharkNinja or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of SharkNinja's fundamental indicators could also be used in its relative valuation, which is a method of valuing SharkNinja by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare SharkNinja to competition |
| Fundamentals | SharkNinja | Peer Average |
| Return On Equity | 0.1 | -0.31 |
| Return On Asset | 0.0689 | -0.14 |
| Profit Margin | 0.04 % | (1.27) % |
| Operating Margin | 0.07 % | (5.51) % |
| Current Valuation | 9.32 B | 16.62 B |
| Shares Outstanding | 139.82 M | 571.82 M |
| Shares Owned By Insiders | 56.31 % | 10.09 % |
| Shares Owned By Institutions | 39.40 % | 39.21 % |
| Number Of Shares Shorted | 1.57 M | 4.71 M |
| Price To Earning | 23.92 X | 28.72 X |
| Price To Book | 5.79 X | 9.51 X |
| Price To Sales | 2.01 X | 11.42 X |
| Revenue | 4.25 B | 9.43 B |
| Gross Profit | 1.41 B | 27.38 B |
| EBITDA | 559.66 M | 3.9 B |
| Net Income | 167.08 M | 570.98 M |
| Cash And Equivalents | 368.67 M | 2.7 B |
| Cash Per Share | (4.11) X | 5.01 X |
| Total Debt | 871.07 M | 5.32 B |
| Debt To Equity | 3.45 % | 48.70 % |
| Current Ratio | 0.93 X | 2.16 X |
| Book Value Per Share | 10.63 X | 1.93 K |
| Cash Flow From Operations | 280.6 M | 971.22 M |
| Short Ratio | 1.36 X | 4.00 X |
| Earnings Per Share | 1.20 X | 3.12 X |
| Price To Earnings To Growth | (0.04) X | 4.89 X |
| Target Price | 68.08 | |
| Number Of Employees | 3.02 K | 18.84 K |
| Beta | 3.48 | -0.15 |
| Market Capitalization | 8.75 B | 19.03 B |
| Total Asset | 3.49 B | 29.47 B |
| Retained Earnings | 470.32 M | 9.33 B |
| Working Capital | 772.15 M | 1.48 B |
Note: Disposition of 66916 shares by Howard Thill of SharkNinja at 3.89 subject to Rule 16b-3 [view details]
SharkNinja Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as SharkNinja . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
| Accumulation Distribution | 8253.7 | |||
| Daily Balance Of Power | 0.3393 | |||
| Rate Of Daily Change | 1.01 | |||
| Day Median Price | 62.95 | |||
| Day Typical Price | 62.94 | |||
| Price Action Indicator | 0.17 | |||
| Period Momentum Indicator | 0.38 |
About SharkNinja Buy or Sell Advice
When is the right time to buy or sell SharkNinja? Buying financial instruments such as SharkNinja Stock isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.| 2018 | 2022 | 2023 | 2024 (projected) | Total Current Liabilities | 993.5M | 968.7M | 1.1B | 1.2B | Total Assets | 3.4B | 3.3B | 3.5B | 2.2B |
Use Investing Ideas to Build Portfolios
In addition to having SharkNinja in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
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Apparel
Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Apparel theme has 50 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Apparel Theme or any other thematic opportunities.
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Check out SharkNinja Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. To learn how to invest in SharkNinja Stock, please use our How to Invest in SharkNinja guide.You can also try the Portfolio Optimization module to compute new portfolio that will generate highest expected return given your specified tolerance for risk.
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Is SharkNinja's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of SharkNinja. If investors know SharkNinja will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about SharkNinja listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.058 | Earnings Share 1.2 | Revenue Per Share 30.597 | Quarterly Revenue Growth 0.165 | Return On Assets 0.0689 |
The market value of SharkNinja is measured differently than its book value, which is the value of SharkNinja that is recorded on the company's balance sheet. Investors also form their own opinion of SharkNinja's value that differs from its market value or its book value, called intrinsic value, which is SharkNinja's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because SharkNinja's market value can be influenced by many factors that don't directly affect SharkNinja's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between SharkNinja's value and its price as these two are different measures arrived at by different means. Investors typically determine if SharkNinja is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, SharkNinja's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.