Understanding the Basics of Stock Market Investment

By Naomi Wentworth • Friday, August 22 10:11 • Permanent Link

Series logged a 1.4% change during today's morning session, and is now trading at a price of $117.46 per share. The S&P 500 index moved 1.0%. SN's trading volume is 211,103 compared to the stock's average volume of 1,625,332.

Series trades -14.56% away from its average analyst target price of $137.47 per share. The 9 analysts following the stock have set target prices ranging from $117.0 to $175.0, and on average have given Series a rating of buy.

Anyone interested in buying SN should be aware of the facts below:

Series's current price is 279.0% above its Graham number of $30.99, which implies that at its current valuation it does not offer a margin of safety
Series has moved 28.9% over the last year, and the S&P 500 logged a change of 13.1%
Based on its trailing earnings per share of 3.66, Series has a trailing 12 month Price to Earnings (P/E) ratio of 32.1 while the S&P 500 average is 29.3
SN has a forward P/E ratio of 24.1 based on its forward 12 month price to earnings (EPS) of $4.87 per share
Its Price to Book (P/B) ratio is 7.5 compared to its sector average of 2.93
SharkNinja, Inc., a product design and technology company, engages in the provision of various solutions for consumers in the United States, China, and internationally.
Based in Needham, the company has 3,600 full time employees and a market cap of $16.58 Billion.

The above analysis is intended for educational purposes only and was performed on the basis of publicly available data. It is not to be construed as a recommendation to buy or sell any security. Any buy, sell, or other recommendations mentioned in the article are direct quotations of consensus recommendations from the analysts covering the stock, and do not represent the opinions of Market Inference or its writers. Past performance, accounting data, and inferences about market position and corporate valuation are not reliable indicators of future price movements. Market Inference does not provide financial advice. Investors should conduct their own review and analysis of any company of interest before making an investment decision.