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The price of Sleep Number Corp (NASDAQ: SNBR) closed at $13.63 in the last session, down -3.88% from day before closing price of $14.18. In other words, the price has decreased by -$3.88 from its previous closing price. On the day, 0.58 million shares were traded. SNBR stock price reached its highest trading level at $14.67 during the session, while it also had its lowest trading level at $13.46.
Ratios:
We take a closer look at SNBR’s different ratios to gain a better understanding of the stock. 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.
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 316589472 and an Enterprise Value of 1250482432. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.17. Its current Enterprise Value per Revenue stands at 0.683 whereas that against EBITDA is 12.382.
Stock Price History:
The Beta on a monthly basis for SNBR is 2.03, which has changed by -0.3971694 over the last 52 weeks, in comparison to a change of 0.24191546 over the same period for the S&P500. 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 -4.70%, while the 200-Day Moving Average is calculated to be -24.44%.
Shares Statistics:
According to the various share statistics, SNBR traded on average about 581.98K shares per day over the past 3-months and 666080 shares per day over the past 10 days. A total of 22.23M shares are outstanding, with a floating share count of 20.76M. Insiders hold about 6.66% of the company’s shares, while institutions hold 86.09% stake in the company. Shares short for SNBR as of 1713139200 were 2348075 with a Short Ratio of 4.03, compared to 1710460800 on 2237776. Therefore, it implies a Short% of Shares Outstanding of 2348075 and a Short% of Float of 11.219999999999999.
Earnings Estimates
Sleep Number Corp (SNBR) is presently subject to a detailed evaluation by 5.0 analysts, each offering their unique perspectives on its market standing.On average, analysts expect EPS of -$0.28 for the current quarter, with a high estimate of $0.2 and a low estimate of -$0.55, while EPS last year was $0.03. The consensus estimate for the next quarter is $0.22, with high estimates of $0.3 and low estimates of $0.13.
Analysts are recommending an EPS of between $0.35 and -$0.99 for the fiscal current year, implying an average EPS of -$0.38. EPS for the following year is $0.86, with 5.0 analysts recommending between $1.09 and $0.5.
Revenue Estimates
According to 5 analysts, the current quarter’s revenue is expected to be $419.51M. It ranges from a high estimate of $431.6M to a low estimate of $413.6M. As of the current estimate, Sleep Number Corp’s year-ago sales were $458.79MFor the next quarter, 5 analysts are estimating revenue of $471.69M. There is a high estimate of $479.23M for the next quarter, whereas the lowest estimate is $458.5M.
A total of 5 analysts have provided revenue estimates for SNBR’s current fiscal year. The highest revenue estimate was $1.81B, while the lowest revenue estimate was $1.78B, resulting in an average revenue estimate of $1.79B. In the same quarter a year ago, actual revenue was $1.89BBased on 5 analysts’ estimates, the company’s revenue will be $1.85B in the next fiscal year. The high estimate is $1.87B and the low estimate is $1.83B.
