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Shares of Mattress Firm Holding Corp (NASDAQ:MFRM) have been given an average rating of “Buy” by the nine analysts that are presently covering the company, AnalystRatingsNetwork.com reports. One investment analyst has rated the stock with a hold recommendation and five have assigned a buy recommendation to the company. The average twelve-month price target among brokers that have issued ratings on the stock in the last year is $58.15.

Shares of Mattress Firm Holding Corp (NASDAQ:MFRM) opened at 56.11 on Wednesday. Mattress Firm Holding Corp has a 1-year low of $29.29 and a 1-year high of $57.76. The stock has a 50-day moving average of $48.49 and a 200-day moving average of $45.92. The company has a market cap of $1.914 billion and a price-to-earnings ratio of 39.59.

Mattress Firm Holding Corp (NASDAQ:MFRM) last posted its quarterly earnings results on Tuesday, June 3rd. The company reported $0.38 earnings per share for the quarter, beating the analysts’ 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 last year, the company posted $0.38 earnings per share. Mattress Firm Holding Corp’s revenue was up 20.8% compared to the same quarter last year. Analysts expect that Mattress Firm Holding Corp will post $2.10 EPS for the current fiscal year.

Several analysts have recently commented on the stock. Analysts at Zacks upgraded shares of Mattress Firm Holding Corp from a “neutral” rating to an “outperform” rating in a research note on Wednesday. They now have a $58.70 price target on the stock. Separately, analysts at Nomura reiterated a “buy” rating on shares of Mattress Firm Holding Corp in a research note on Tuesday, August 12th. They now have a $60.00 price target on the stock, up previously from $56.00. Finally, analysts at Citigroup Inc. reiterated a “buy” rating on shares of Mattress Firm Holding Corp in a research note on Tuesday, August 12th. They now have a $63.00 price target on the stock, up previously from $57.00.

In other Mattress Firm Holding Corp news, COO Kenneth E. Murphy III unloaded 2,500 shares of the company’s stock on the open market in a transaction that occurred on Monday, August 11th. The shares were sold at an average price of $54.03, for a total transaction of $135,075.00. The transaction was disclosed in a document filed 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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