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NASDAQ:SNBR

Sleep Number (SNBR) Stock Price, News & Analysis

Sleep Number logo
$12.71
-0.99 (-7.23%)
(As of 11/1/2024 ET)

About Sleep Number Stock (NASDAQ:SNBR)

Key Stats

Today's Range
$12.50
$14.21
50-Day Range
$12.71
$19.59
52-Week Range
$8.13
$20.75
Volume
752,003 shs
Average Volume
513,547 shs
Market Capitalization
$284.13 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$12.83
Consensus Rating
Hold

Company Overview

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. The company sells its products directly to consumers through retail, online, phone, chat, and other. The company was formerly known as Select Comfort Corporation and changed its name to Sleep Number Corporation in November 2017. Sleep Number Corporation was incorporated in 1987 and is headquartered in Minneapolis, Minnesota.

Sleep Number Stock Analysis - MarketRank™

See Top Rated MarketRank™ Stocks
14th Percentile Overall Score

SNBR MarketRank™: 

Sleep Number scored higher than 14% of companies evaluated by MarketBeat, and ranked 279th out of 296 stocks in the consumer discretionary sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    Sleep Number has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on no buy ratings, 3 hold ratings, and no sell ratings.

  • Amount of Analyst Coverage

    Sleep Number has only been the subject of 1 research reports in the past 90 days.

  • Read more about Sleep Number's stock forecast and price target.
  • Earnings Growth

    Earnings for Sleep Number are expected to grow in the coming year, from ($0.13) to $0.62 per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of Sleep Number is -7.02, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of Sleep Number is -7.02, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

  • Read more about Sleep Number's valuation and earnings.
  • Percentage of Shares Shorted

    14.56% of the float of Sleep Number has been sold short.
  • Short Interest Ratio / Days to Cover

    Sleep Number has a short interest ratio ("days to cover") of 7.1.
  • Change versus previous month

    Short interest in Sleep Number has recently increased by 10.58%, indicating that investor sentiment is decreasing significantly.
  • Dividend Yield

    Sleep Number does not currently pay a dividend.

  • Dividend Growth

    Sleep Number does not have a long track record of dividend growth.

  • Percentage of Shares Shorted

    14.56% of the float of Sleep Number has been sold short.
  • Short Interest Ratio / Days to Cover

    Sleep Number has a short interest ratio ("days to cover") of 7.1.
  • Change versus previous month

    Short interest in Sleep Number has recently increased by 10.58%, indicating that investor sentiment is decreasing significantly.
  • News Sentiment

    Sleep Number has a news sentiment score of 0.33. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.46 average news sentiment score of Consumer Discretionary companies.
  • News Coverage This Week

    MarketBeat has tracked 19 news articles for Sleep Number this week, compared to 3 articles on an average week.
  • Search Interest

    Only 1 people have searched for SNBR on MarketBeat in the last 30 days. This is a decrease of -86% compared to the previous 30 days.
  • MarketBeat Follows

    Only 1 people have added Sleep Number to their MarketBeat watchlist in the last 30 days. This is a decrease of 0% compared to the previous 30 days.
  • Insider Buying vs. Insider Selling

    In the past three months, Sleep Number insiders have bought more of their company's stock than they have sold. Specifically, they have bought $531,050.00 in company stock and sold $0.00 in company stock.

  • Percentage Held by Insiders

    Only 6.80% of the stock of Sleep Number is held by insiders.

  • Percentage Held by Institutions

    85.67% of the stock of Sleep Number is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

  • Read more about Sleep Number's insider trading history.
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SNBR Stock News Headlines

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Piper Sandler Keeps Their Hold Rating on Sleep Number (SNBR)
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Sleep Number chairman, CEO Shelly Ibach to retire
See More Headlines

SNBR Stock Analysis - Frequently Asked Questions

Sleep Number's stock was trading at $14.83 at the beginning of the year. Since then, SNBR stock has decreased by 14.3% and is now trading at $12.71.
View the best growth stocks for 2024 here
.

Sleep Number Co. (NASDAQ:SNBR) issued its earnings results on Wednesday, July, 31st. The company reported ($0.22) EPS for the quarter, beating the consensus estimate of ($0.44) by $0.22. The business's revenue was down 11.0% compared to the same quarter last year.

Sleep Number's top institutional shareholders include Rice Hall James & Associates LLC (0.84%), Tectonic Advisors LLC (0.34%), NBC Securities Inc. (0.23%) and Inspire Investing LLC (0.10%). Insiders that own company stock include Brenda J Lauderback, Kevin Kennedy Brown, Christopher D Krusmark and Daniel Alegre.
View institutional ownership trends
.

Shares of SNBR stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

Based on aggregate information from My MarketBeat watchlists, some other companies that Sleep Number investors own include NVIDIA (NVDA), Meta Platforms (META), Tesla (TSLA), Advanced Micro Devices (AMD), Netflix (NFLX), Alphabet (GOOG) and Home Depot (HD).

Company Calendar

Last Earnings
7/31/2024
Today
11/02/2024
Fiscal Year End
12/31/2024
Next Earnings (Estimated)
2/27/2025

Industry, Sector and Symbol

Industry
Household furniture
Sub-Industry
Consumer Goods
Current Symbol
NASDAQ:SNBR
Previous Symbol
NASDAQ:SCSS
Employees
4,145
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$12.83
High Stock Price Target
$13.50
Low Stock Price Target
$12.00
Potential Upside/Downside
+1.0%
Consensus Rating
Hold
Rating Score (0-4)
2.00
Research Coverage
3 Analysts

Profitability

Net Income
$-15,290,000.00
Pretax Margin
-2.85%

Debt

Sales & Book Value

Annual Sales
$1.78 billion
Cash Flow
$3.06 per share
Book Value
($19.87) per share

Miscellaneous

Free Float
20,835,000
Market Cap
$284.13 million
Optionable
Optionable
Beta
2.06
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This page (NASDAQ:SNBR) was last updated on 11/2/2024 by MarketBeat.com Staff
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