Sleep Number (NASDAQ:SNBR – Get Free Report)‘s stock had its “neutral” rating reaffirmed by Wedbush in a research note issued on Wednesday, Benzinga reports. They currently have a $13.50 price target on the stock. Wedbush’s price objective would suggest a potential upside of 1.66% from the company’s previous close.
Sleep Number Trading Up 0.8 %
SNBR opened at $13.28 on Wednesday. The stock has a 50-day moving average price of $14.05 and a 200-day moving average price of $14.16. Sleep Number has a 12-month low of $9.00 and a 12-month high of $39.98. The stock has a market capitalization of $296.54 million, a P/E ratio of -19.53 and a beta of 1.96.
Sleep Number (NASDAQ:SNBR – Get Free Report) last issued its earnings results on Thursday, February 22nd. The company reported ($0.58) earnings per share for the quarter, beating the consensus estimate of ($0.90) by $0.32. The company had revenue of $429.52 million during the quarter, compared to analysts’ expectations of $415.70 million. Sleep Number had a negative return on equity of 1.05% and a negative net margin of 0.81%. On average, equities research analysts predict that Sleep Number will post -0.34 EPS for the current year.
Institutional Investors Weigh In On Sleep Number
Sleep Number Company Profile
Sleep Number Corporation, together with its subsidiaries, offers sleep solutions and services in the United States. The company designs, manufactures, markets, retails, and services beds, pillows, sheets, and other bedding products under the Sleep Number name. It also provides smart adjustable bases under the FlextFit brand, and smart beds under the Climate 360 name.
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