In the quest to outshine the broader market, stock pickers diligently seek out stocks with the potential for superior performance. Making the right choices can significantly elevate your wealth.
In the latest session, Sleep Number Corp (NASDAQ: SNBR) closed at $14.49 down -3.24% from its previous closing price of $14.98. In other words, the price has decreased by -$3.24 from its previous closing price. On the day, 0.53 million shares were traded.
Ratios:
For a deeper understanding of Sleep Number Corp’s stock, let’s take a closer look at its various ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.09 and its Current Ratio is at 0.19.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for the company, Piper Sandler on April 21, 2022, Downgraded its rating to Neutral and sets its target price to $49 from $62 previously.
On March 28, 2022, Wedbush Downgraded its rating to Neutral which previously was Outperform and also lowered its target price recommendation from $80 to $54.
Wedbush Upgraded its Neutral to Outperform on February 04, 2022, whereas the target price for the stock was revised from $85 to $88.
Insider Transactions:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on Nov 14 ’24 when STADIUM CAPITAL MANAGEMENT LLC bought 16,600 shares for $13.73 per share. The transaction valued at 227,911 led to the insider holds 2,188,460 shares of the business.
STADIUM CAPITAL MANAGEMENT LLC bought 15,000 shares of SNBR for $181,851 on Nov 18 ’24. The 10% Owner now owns 2,215,000 shares after completing the transaction at $12.12 per share. On Nov 15 ’24, another insider, STADIUM CAPITAL MANAGEMENT LLC, who serves as the 10% Owner of the company, bought 11,540 shares for $12.71 each. As a result, the insider paid 146,628 and bolstered with 2,200,000 shares of the company.
Valuation Measures:
For the stock, the TTM Price-to-Sale (P/S) ratio is 0.19.
Stock Price History:
Over the past 52 weeks, SNBR has reached a high of $20.75, while it has fallen to a 52-week low of $8.13. The 50-Day Moving Average of the stock is -14.89%, while the 200-Day Moving Average is calculated to be -0.71%.
Shares Statistics:
A total of 22.37M shares are outstanding, with a floating share count of 21.00M. Insiders hold about 6.13% of the company’s shares, while institutions hold 88.13% stake in the company.
