Select Comfort Corp. (SCSS) Scheduled to Post Earnings on Wednesday
Select Comfort Corp. (NASDAQ:SCSS) will announce its Q313 earnings results on Wednesday, October 16th. Analysts expect the company to announce earnings of $0.43 per share and revenue of $277.50 million for the quarter. Parties that wish to register for the company’s conference call can do so using this link.
Select Comfort Corp. (NASDAQ:SCSS) last released its earnings data on Wednesday, July 17th. The company reported $0.18 EPS for the quarter, missing the Thomson Reuters consensus estimate of $0.24 by $0.06. The company had revenue of $207.40 million for the quarter, compared to the consensus estimate of $210.76 million. During the same quarter in the prior year, the company posted $0.30 earnings per share. The company’s quarterly revenue was up 1.1% on a year-over-year basis. On average, analysts expect Select Comfort Corp. to post $1.33 EPS for the current fiscal year and $1.69 EPS for the next fiscal year.
Shares of Select Comfort Corp. (NASDAQ:SCSS) opened at 25.75 on Tuesday. Select Comfort Corp. has a 52 week low of $16.62 and a 52 week high of $32.84. The stock has a 50-day moving average of $24.80 and a 200-day moving average of $22.93. The company has a market cap of $1.432 billion and a P/E ratio of 20.33. Select Comfort Corp. also was the recipient of some unusual options trading on Monday. Investors acquired 13,176 call options on the stock. This represents an increase of 654% compared to the average volume of 1,748 call options.
SCSS has been the subject of a number of recent research reports. Analysts at KeyCorp upgraded shares of Select Comfort Corp. from a “hold” rating to a “buy” rating in a research note to investors on Friday, August 30th. They now have a $30.00 price target on the stock. On the ratings front, analysts at Longbow Research upgraded shares of Select Comfort Corp. from a “neutral” rating to a “buy” rating in a research note to investors on Tuesday, August 27th. Finally, analysts at Barclays raised their price target on shares of Select Comfort Corp. from $20.00 to $25.00 in a research note to investors on Thursday, July 18th. They now have an “equal weight” rating on the stock. Three analysts have rated the stock with a hold rating and seven have given a buy rating to the stock. Select Comfort Corp. has a consensus rating of “Buy” and an average target price of $28.14.
Select Comfort Corporation (NASDAQ:SCSS) is a bed manufacturer and retailer.
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