The pursuit of outperformance leads many investors to carefully choose individual stocks. Picking the right ones can be a game-changer for growing your wealth.
Sleep Number Corp (NASDAQ: SNBR) closed the day trading at $16.32 down -2.16% from the previous closing price of $16.68. In other words, the price has decreased by -$2.16 from its previous closing price. On the day, 0.74 million shares were traded. SNBR stock price reached its highest trading level at $16.85 during the session, while it also had its lowest trading level at $16.12.
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 0.19.
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:
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 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:
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 365094720 and an Enterprise Value of 1281155712. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.21. Its current Enterprise Value per Revenue stands at 0.738 whereas that against EBITDA is 12.99.
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 6.44%, while the 200-Day Moving Average is calculated to be 15.68%.
Shares Statistics:
Over the past 3-months, SNBR traded about 416.70K shares per day on average, while over the past 10 days, SNBR traded about 371720 shares per day. A total of 22.37M shares are outstanding, with a floating share count of 20.98M. Insiders hold about 6.23% of the company’s shares, while institutions hold 87.05% stake in the company. Shares short for SNBR as of 1732838400 were 3790536 with a Short Ratio of 9.10, compared to 1730332800 on 3222179. Therefore, it implies a Short% of Shares Outstanding of 3790536 and a Short% of Float of 18.07.
