Mattress Firm Holding Corp (MFRM) Updates FY15 Earnings Guidance
Mattress Firm Holding Corp (NASDAQ:MFRM) updated its FY15 earnings guidance on Monday. The company provided earnings per share guidance of $2.03-2.13 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $1.95, AnalystRatings.NET reports. The company issued revenue guidance of $1.545-1.585 million, compared to the consensus revenue estimate of $1.53 billion.Mattress Firm Holding Corp also updated its Q2 guidance to $0.58-0.61 EPS.
MFRM has been the subject of a number of recent research reports. 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’s stock. Mattress Firm Holding Corp presently has an average rating of Buy and a consensus price target of $53.14.
Shares of Mattress Firm Holding Corp (NASDAQ:MFRM) traded up 13.58% on Monday, hitting $54.53. 1,069,668 shares of the company’s stock traded hands. Mattress Firm Holding Corp has a one year low of $29.29 and a one year high of $56.65. The stock’s 50-day moving average is $47. and its 200-day moving average is $45.55. The company has a market cap of $1.860 billion and a price-to-earnings ratio of 33.83.
Mattress Firm Holding Corp (NASDAQ:MFRM) last released its earnings data on Tuesday, June 3rd. The company reported $0.38 earnings per share (EPS) for the quarter, beating the 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 previous year, the company posted $0.38 earnings per share. The company’s revenue for the quarter 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.
In other Mattress Firm Holding Corp news, EVP Stephen G. Fendrich sold 2,500 shares of Mattress Firm Holding Corp stock on the open market in a transaction dated Friday, August 1st. The shares were sold at an average price of $46.49, for a total value of $116,225.00. The transaction was disclosed in a filing with the SEC, which is available at 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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