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Why SharkNinja, Inc. (SN) Dipped More Than Broader Market Today

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SharkNinja, Inc. (SN - Free Report) closed the most recent trading day at $114.58, moving -1.88% from the previous trading session. This change lagged the S&P 500's daily loss of 0.49%. Meanwhile, the Dow lost 0.05%, and the Nasdaq, a tech-heavy index, lost 0.9%.

Shares of the company witnessed a gain of 19.62% over the previous month, beating the performance of the Consumer Discretionary sector with its gain of 4.37%, and the S&P 500's gain of 12.8%.

The upcoming earnings release of SharkNinja, Inc. will be of great interest to investors. The company's earnings report is expected on May 6, 2026. It is anticipated that the company will report an EPS of $1, marking a 14.94% rise compared to the same quarter of the previous year. Meanwhile, our latest consensus estimate is calling for revenue of $1.37 billion, up 11.78% from the prior-year quarter.

For the full year, the Zacks Consensus Estimates are projecting earnings of $6.02 per share and revenue of $7.11 billion, which would represent changes of +14.02% and +11.1%, respectively, from the prior year.

Any recent changes to analyst estimates for SharkNinja, Inc. should also be noted by investors. These revisions help to show the ever-changing nature of near-term business trends. Hence, positive alterations in estimates signify analyst optimism regarding the business and profitability.

Our research demonstrates that these adjustments in estimates directly associate with imminent stock price performance. To exploit this, we've formed the Zacks Rank, a quantitative model that includes these estimate changes and presents a viable rating system.

The Zacks Rank system, stretching from #1 (Strong Buy) to #5 (Strong Sell), has a noteworthy track record of outperforming, validated by third-party audits, with stocks rated #1 producing an average annual return of +25% since the year 1988. The Zacks Consensus EPS estimate has moved 0.07% lower within the past month. At present, SharkNinja, Inc. boasts a Zacks Rank of #4 (Sell).

Investors should also note SharkNinja, Inc.'s current valuation metrics, including its Forward P/E ratio of 19.4. This expresses a premium compared to the average Forward P/E of 17.07 of its industry.

One should further note that SN currently holds a PEG ratio of 1.49. Comparable to the widely accepted P/E ratio, the PEG ratio also accounts for the company's projected earnings growth. As the market closed yesterday, the Consumer Products - Discretionary industry was having an average PEG ratio of 1.49.

The Consumer Products - Discretionary industry is part of the Consumer Discretionary sector. This industry, currently bearing a Zacks Industry Rank of 87, finds itself in the top 36% echelons of all 250+ industries.

The Zacks Industry Rank gauges the strength of our industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.

Be sure to use Zacks.com to monitor all these stock-influencing metrics, and more, throughout the forthcoming trading sessions.

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