Select Comfort Corp. Given Consensus Rating of “Hold” by Brokerages (NASDAQ:SCSS)
Shares of Select Comfort Corp. (NASDAQ:SCSS) have earned a consensus recommendation of “Hold” from the ten analysts that are covering the stock, American Banking & Market News reports. Eight research analysts have rated the stock with a hold recommendation, one has assigned a buy recommendation and one has given a strong buy recommendation to the company. The average twelve-month price target among analysts that have covered the stock in the last year is $21.54.
A number of analysts have recently weighed in on SCSS shares. Analysts at Zacks upgraded shares of Select Comfort Corp. from an “underperform” rating to a “neutral” rating in a research note on Tuesday. They now have a $17.80 price target on the stock. Separately, analysts at Nomura initiated coverage on shares of Select Comfort Corp. in a research note on Wednesday, March 19th. They set a “neutral” rating and a $18.00 price target on the stock. Finally, analysts at Raymond James upgraded shares of Select Comfort Corp. from an “outperform” rating to a “strong-buy” rating in a research note on Tuesday, January 21st. They now have a $24.00 price target on the stock.
Select Comfort Corp. (NASDAQ:SCSS) traded down 0.23% on Wednesday, hitting $17.59. 28,628 shares of the company’s stock traded hands. Select Comfort Corp. has a 1-year low of $15.31 and a 1-year high of $27.84. The stock has a 50-day moving average of $17.70 and a 200-day moving average of $19.40. The company has a market cap of $963.2 million and a P/E ratio of 16.32.
Select Comfort Corp. (NASDAQ:SCSS) last posted its quarterly earnings results on Wednesday, February 5th. The company reported $0.12 earnings per share for the quarter, missing the analysts’ consensus estimate of $0.15 by $0.03. The company had revenue of $231.00 million for the quarter, compared to the consensus estimate of $232.04 million. During the same quarter last year, the company posted $0.22 earnings per share. Select Comfort Corp.’s revenue was up 4.7% compared to the same quarter last year. On average, analysts predict that Select Comfort Corp. will post $1.10 earnings per share for the current fiscal year.
Select Comfort Corporation (NASDAQ:SCSS) is a bed manufacturer and retailer.
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