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Shares of Mattress Firm Holding Corp (NASDAQ:MFRM) have received an average rating of “Buy” from the eleven ratings firms that are covering the company, Analyst RN reports. Four equities research analysts have rated the stock with a hold rating and four have issued a buy rating on the company. The average 12-month price target among brokerages that have updated their coverage on the stock in the last year is $47.60.

In other Mattress Firm Holding Corp news, CFO James Black unloaded 3,000 shares of the stock in a transaction that occurred on Monday, May 12th. The stock was sold at an average price of $45.34, for a total value of $136,020.00. Following the completion of the transaction, the chief financial officer now directly owns 474,015 shares in the company, valued at approximately $21,491,840. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link.

MFRM has been the subject of a number of recent research reports. Analysts at KeyCorp downgraded shares of Mattress Firm Holding Corp from a “buy” rating to a “hold” rating in a research note on Monday, April 28th. They noted that the move was a valuation call. Separately, analysts at Zacks upgraded shares of Mattress Firm Holding Corp from an “underperform” rating to a “neutral” rating in a research note on Tuesday, April 22nd. They now have a $49.40 price target on the stock. Finally, analysts at Nomura initiated coverage on shares of Mattress Firm Holding Corp in a research note on Wednesday, March 19th. They set a “buy” rating and a $56.00 price target on the stock.

Mattress Firm Holding Corp (NASDAQ:MFRM) traded up 0.37% on Thursday, hitting $43.74. The stock had a trading volume of 10,138 shares. Mattress Firm Holding Corp has a one year low of $29.29 and a one year high of $49.81. The stock has a 50-day moving average of $45.80 and a 200-day moving average of $42.45. The company has a market cap of $1.488 billion and a P/E ratio of 28.12.

Mattress Firm Holding Corp (NASDAQ:MFRM) last announced its earnings results on Thursday, March 13th. The company reported $0.30 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.29 by $0.01. The company had revenue of $312.10 million for the quarter, compared to the consensus estimate of $312.24 million. During the same quarter in the previous year, the company posted $0.30 earnings per share. The company’s revenue for the quarter was up 20.9% on a year-over-year basis. On average, analysts predict that Mattress Firm Holding Corp will post $1.95 earnings per share for the current fiscal year.

Mattress Firm Holding Corp. (NASDAQ:MFRM), is a specialty retailer of mattresses and related products and accessories in the United States.

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