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Mattress Firm Holding Corp (NASDAQ:MFRM) updated its second quarter earnings guidance on Monday. The company provided earnings per share (EPS) guidance of $0.58-0.61 for the period, compared to the Thomson Reuters consensus estimate of $0.49, Analyst Ratings Net reports. The company issued revenue guidance of $410 million, compared to the consensus revenue estimate of $384.16 million.Mattress Firm Holding Corp also updated its FY15 guidance to $2.03-2.13 EPS.

Mattress Firm Holding Corp (NASDAQ:MFRM) traded up 13.58% on Monday, hitting $54.53. The stock had a trading volume of 1,069,668 shares. Mattress Firm Holding Corp has a one year low of $29.29 and a one year high of $56.65. The stock has a 50-day moving average of $47. and a 200-day moving average of $45.55. The company has a market cap of $1.860 billion and a P/E ratio of 33.83.

Mattress Firm Holding Corp (NASDAQ:MFRM) last issued its quarterly earnings data on Tuesday, June 3rd. The company reported $0.38 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.36 by $0.02. The company had revenue of $333.50 million for the quarter, compared to the consensus estimate of $337.55 million. During the same quarter in the prior year, the company posted $0.38 earnings per share. The company’s quarterly revenue was up 20.8% 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.

A number of research firms have recently commented on MFRM. Analysts at Citigroup Inc. reiterated a buy rating on shares of Mattress Firm Holding Corp in a research note on Wednesday, July 9th. They now have a $57.00 price target on the stock, up previously from $53.00. On a related note, analysts at Raymond James reiterated an outperform rating on shares of Mattress Firm Holding Corp in a research note on Monday, June 16th. They now have a $50.00 price target on the stock, up previously from $48.00. One equities research analyst has rated the stock with a hold rating and five have issued a buy rating to the company. The stock has an average rating of Buy and a consensus target price of $53.14.

In other Mattress Firm Holding Corp news, EVP Stephen G. Fendrich sold 2,500 shares of Mattress Firm Holding Corp stock in a transaction dated Friday, August 1st. The stock was sold at an average price of $46.49, for a total transaction of $116,225.00. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link.

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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