Mattress Firm Holding Corp (MFRM) Announces Quarterly Earnings Results, Beats Estimates By $0.01 EPS
Mattress Firm Holding Corp (NASDAQ:MFRM) released its earnings data on Thursday. The company reported $0.61 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.60 by $0.01, Analyst Ratings Net reports. The company had revenue of $410.00 million for the quarter, compared to the consensus estimate of $410.00 million. During the same quarter in the previous year, the company posted $0.43 earnings per share.
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 Tuesday. They now have a $65.00 price target on the stock, up previously from $63.00. On the ratings front, 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. Finally, 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. One analyst has rated the stock with a hold rating and five have given a buy rating to the stock. The company presently has an average rating of “Buy” and an average price target of $58.40.
Shares of Mattress Firm Holding Corp (NASDAQ:MFRM) opened at 56.81 on Thursday. Mattress Firm Holding Corp has a 52-week low of $29.29 and a 52-week high of $57.99. The stock has a 50-day moving average of $51.76 and a 200-day moving average of $47.39. The company has a market cap of $1.938 billion and a P/E ratio of 40.20.
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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