Closing Bell Recap: Sleep Number Corp (SNBR) Ends at 13.23, Reflecting a -0.90 Downturn

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.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

Sleep Number Corp (NASDAQ: SNBR) closed the day trading at $13.23 down -0.90% from the previous closing price of $13.35. In other words, the price has decreased by -$0.90 from its previous closing price. On the day, 0.75 million shares were traded. SNBR stock price reached its highest trading level at $13.582 during the session, while it also had its lowest trading level at $13.0.

Ratios:

For a better understanding of SNBR, let’s look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.09 and its Current Ratio is at 0.20.

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:

The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Aug 06 ’24 when Macadam Stephen E. bought 43,000 shares for $12.35 per share. The transaction valued at 531,196 led to the insider holds 102,729 shares of the business.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, SNBR now has a Market Capitalization of 298439680 and an Enterprise Value of 1242660608. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.17. Its current Enterprise Value per Revenue stands at 0.698 whereas that against EBITDA is 12.963.

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 -15.43%, while the 200-Day Moving Average is calculated to be -1.99%.

Shares Statistics:

Over the past 3-months, SNBR traded about 424.51K shares per day on average, while over the past 10 days, SNBR traded about 363210 shares per day. A total of 22.23M shares are outstanding, with a floating share count of 20.81M. Insiders hold about 6.91% of the company’s shares, while institutions hold 86.21% stake in the company. Shares short for SNBR as of 1728950400 were 3028853 with a Short Ratio of 7.13, compared to 1726185600 on 3438140. Therefore, it implies a Short% of Shares Outstanding of 3028853 and a Short% of Float of 14.45.

Most Popular