After finishing at $14.53 in the prior trading day, Sleep Number Corp (NASDAQ: SNBR) closed at $13.66, down -5.99%. In other words, the price has decreased by -$0.87 from its previous closing price. On the day, 543091 shares were traded.
Ratios:
Our goal is to gain a better understanding of SNBR by taking a closer look at its different 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 324.63M and an Enterprise Value of 1.29B. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.16. Its current Enterprise Value per Revenue stands at 0.69 whereas that against EBITDA is 13.35.
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 13.48, while the 200-Day Moving Average is calculated to be 18.93.
Shares Statistics:
The stock has traded on average 587.91K shares per day over the past 3-months and 361.32k shares per day over the last 10 days, according to various share statistics. 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 86.27% stake in the company. Shares short for SNBR as of Mar 28, 2024 were 2.2M with a Short Ratio of 3.74, compared to 2.75M on Feb 29, 2024. Therefore, it implies a Short% of Shares Outstanding of 9.84% and a Short% of Float of 10.49%.
Earnings Estimates
Its stock is currently analyzed by 5 different market analysts. On average, analysts expect EPS of -$0.22 for the current quarter, with a high estimate of $0.16 and a low estimate of -$0.54, while EPS last year was $0.51. The consensus estimate for the next quarter is -$0.08, with high estimates of $0.2 and low estimates of -$0.29.
Analysts are recommending an EPS of between $0.35 and -$0.55 for the fiscal current year, implying an average EPS of -$0.18. EPS for the following year is $0.81, with 5 analysts recommending between $1.01 and $0.45.
Revenue Estimates
5 analysts predict $474.28M in revenue for the current quarter. It ranges from a high estimate of $478.1M to a low estimate of $471.99M. As of the current estimate, Sleep Number Corp’s year-ago sales were $526.53M, an estimated decrease of -9.90% from the year-ago figure. For the next quarter, 5 analysts are estimating revenue of $428M, a decrease of -6.70% over than the figure of -$9.90% in the same quarter last year. There is a high estimate of $434.32M for the next quarter, whereas the lowest estimate is $416.7M.
A total of 5 analysts have provided revenue estimates for SNBR’s current fiscal year. The highest revenue estimate was $1.82B, while the lowest revenue estimate was $1.79B, resulting in an average revenue estimate of $1.8B. In the same quarter a year ago, actual revenue was $1.89B, down -4.40% from the average estimate. Based on 5 analysts’ estimates, the company’s revenue will be $1.86B in the next fiscal year. The high estimate is $1.88B and the low estimate is $1.84B. The average revenue growth estimate for next year is up 3.10% from the average revenue estimate for this year.
