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Mattress Firm Holding Corp (NASDAQ:MFRM) hit a new 52-week high during mid-day trading on Tuesday , AnalystRatings.NET reports. The stock traded as high as $57.82 and last traded at $57.46, with a volume of 40,620 shares trading hands. The stock had previously closed at $56.87.

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, August 13th. 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. One analyst has rated the stock with a hold rating and five have given a buy rating to the company’s stock. Mattress Firm Holding Corp presently has a consensus rating of “Buy” and a consensus price target of $58.15.

The stock’s 50-day moving average is $49.98 and its 200-day moving average is $46.70. The company has a market cap of $1.960 billion and a price-to-earnings ratio of 40.08.

Mattress Firm Holding Corp (NASDAQ:MFRM) last announced its earnings results 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 $2.10 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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