Nomura Increases Select Comfort Corp. Price Target to $20.00 (SCSS)
Investment analysts at Nomura increased their price target on shares of Select Comfort Corp. (NASDAQ:SCSS) from $18.00 to $20.00 in a note issued to investors on Tuesday. The firm currently has a “neutral” rating on the stock. Nomura’s price objective indicates a potential upside of 0.86% from the company’s current price.
Select Comfort Corp. (NASDAQ:SCSS) traded down 1.11% on Tuesday, hitting $19.61. 193,348 shares of the company’s stock traded hands. Select Comfort Corp. has a 52 week low of $15.31 and a 52 week high of $27.49. The stock has a 50-day moving average of $19.76 and a 200-day moving average of $18.35. The company has a market cap of $1.064 billion and a P/E ratio of 20.51.
Select Comfort Corp. (NASDAQ:SCSS) last announced its earnings results on Thursday, April 17th. The company reported $0.31 earnings per share for the quarter, missing the analysts’ consensus estimate of $0.32 by $0.01. The company had revenue of $276.00 million for the quarter, compared to the consensus estimate of $274.27 million. During the same quarter last year, the company posted $0.41 earnings per share. Select Comfort Corp.’s revenue was up 7.0% 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.
Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.