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In the latest session, Sleep Number Corp (NASDAQ: SNBR) closed at $13.21 down -2.94% from its previous closing price of $13.61. In other words, the price has decreased by $-2.94 from its previous closing price. On the day, 0.54 million shares were traded. SNBR stock price reached its highest trading level at $13.94 during the session, while it also had its lowest trading level at $12.97.
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 0.10 and its Current Ratio is at 0.22.
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.
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 294933056 and an Enterprise Value of 1272787840. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.16. Its current Enterprise Value per Revenue stands at 0.674 whereas that against EBITDA is 11.414.
Stock Price History:
Over the past 52 weeks, SNBR has reached a high of $39.98, while it has fallen to a 52-week low of $9.00. The 50-Day Moving Average of the stock is -5.42%, while the 200-Day Moving Average is calculated to be -28.29%.
Shares Statistics:
For the past three months, SNBR has traded an average of 562.56K shares per day and 452610 over the past ten days. A total of 22.23M shares are outstanding, with a floating share count of 20.79M. Insiders hold about 6.52% of the company’s shares, while institutions hold 86.21% stake in the company. Shares short for SNBR as of 1711584000 were 2196215 with a Short Ratio of 3.90, compared to 1709164800 on 2753400. Therefore, it implies a Short% of Shares Outstanding of 2196215 and a Short% of Float of 10.4899995.
Earnings Estimates
Currently, Sabre Corporation analysts are dedicated to thoroughly evaluating and rating the performance of Sleep Number Corp (SNBR) in the stock market.The consensus estimate for the next quarter is $13.21, with high estimates of $76.00 and low estimates of $62.89.
