Fintel reports that on April 15, 2024, UBS initiated coverage of SharkNinja (NYSE:SN) with a Buy recommendation.
Analyst Price Forecast Suggests 8.33% Upside
As of March 31, 2024, the average one-year price target for SharkNinja is 66.91. The forecasts range from a low of 56.56 to a high of $78.75. The average price target represents an increase of 8.33% from its latest reported closing price of 61.76.
See our leaderboard of companies with the largest price target upside.
The projected annual revenue for SharkNinja is 4,438MM, an increase of 4.33%. The projected annual non-GAAP EPS is 3.27.
What is the Fund Sentiment?
There are 259 funds or institutions reporting positions in SharkNinja. This is an increase of 96 owner(s) or 58.90% in the last quarter. Average portfolio weight of all funds dedicated to SN is 0.68%, a decrease of 12.14%. Total shares owned by institutions increased in the last three months by 38.13% to 53,574K shares. 
The put/call ratio of SN is 0.10, indicating a bullish outlook.
What are Other Shareholders Doing?
HighTower Advisors holds 4,926K shares representing 3.54% ownership of the company. In it's prior filing, the firm reported owning 4,958K shares, representing a decrease of 0.65%. The firm decreased its portfolio allocation in SN by 2.10% over the last quarter.
Madison Avenue Partners holds 3,682K shares representing 2.65% ownership of the company. In it's prior filing, the firm reported owning 6,112K shares, representing a decrease of 66.01%. The firm decreased its portfolio allocation in SN by 33.84% over the last quarter.
Barrow Hanley Mewhinney & Strauss holds 3,573K shares representing 2.57% ownership of the company. In it's prior filing, the firm reported owning 2,841K shares, representing an increase of 20.48%. The firm increased its portfolio allocation in SN by 128.71% over the last quarter.
Parsifal Capital Management holds 3,172K shares representing 2.28% ownership of the company. In it's prior filing, the firm reported owning 2,009K shares, representing an increase of 36.67%. The firm increased its portfolio allocation in SN by 104.44% over the last quarter.
Alliancebernstein holds 2,850K shares representing 2.05% ownership of the company. In it's prior filing, the firm reported owning 243K shares, representing an increase of 91.47%. The firm increased its portfolio allocation in SN by 1,070.20% over the last quarter.
Sanchez Energy Background Information
(This description is provided by the company.)
Engages in the acquisition and development of unconventional oil resources
Fintel is one of the most comprehensive investing research platforms available to individual investors, traders, financial advisors, and small hedge funds.
Our data covers the world, and includes fundamentals, analyst reports, ownership data and fund sentiment, options sentiment, insider trading, options flow, unusual options trades, and much more. Additionally, our exclusive stock picks are powered by advanced, backtested quantitative models for improved profits.
This story originally appeared on Fintel.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
