Select Comfort Corp. Hits New 52-Week Low at $16.46 (SCSS)
Shares of Select Comfort Corp. (NASDAQ:SCSS) hit a new 52-week low during trading hours on Wednesday, Analyst Ratings Net reports. The company traded as low as $16.46 and last traded at $16.61, with a volume of 1,009,750 shares trading hands. The stock had previously closed at $16.78.
Several analysts have recently commented on the stock. Analysts at Zacks downgraded shares of Select Comfort Corp. from a “neutral” rating to an “underperform” rating in a research note to investors on Wednesday. They now have a $15.90 price target on the stock. Separately, analysts at Wedbush downgraded shares of Select Comfort Corp. from an “outperform” rating to a “neutral” rating in a research note to investors on Wednesday, January 8th. They now have a $18.00 price target on the stock, down previously from $22.00. Finally, analysts at Longbow Research downgraded shares of Select Comfort Corp. from a “buy” rating to a “neutral” rating in a research note to investors on Monday, January 6th. Two research analysts have rated the stock with a sell rating, eight have assigned a hold rating and two have given a buy rating to the company’s stock. The stock has a consensus rating of “Hold” and a consensus target price of $22.15.
Select Comfort Corp. has a one year low of $16.46 and a one year high of $28.94. The stock’s 50-day moving average is $20.02 and its 200-day moving average is $22.18. The company has a market cap of $919.2 million and a price-to-earnings ratio of 14.24.
Select Comfort Corporation (NASDAQ:SCSS) is a bed manufacturer and retailer.
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