Sleep Number Corp (NASDAQ:SNBR) SVP Mark A. Kimball sold 8,000 shares of the firm’s stock in a transaction dated Tuesday, January 2nd. The stock was sold at an average price of $38.35, for a total transaction of $306,800.00. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink.
Sleep Number Corp (NASDAQ SNBR) traded up $0.36 during mid-day trading on Thursday, hitting $37.87. 364,597 shares of the stock traded hands, compared to its average volume of 464,400. Sleep Number Corp has a 1 year low of $18.89 and a 1 year high of $38.85. The stock has a market capitalization of $1,510.00, a price-to-earnings ratio of 26.86, a price-to-earnings-growth ratio of 1.22 and a beta of 0.60.
Sleep Number (NASDAQ:SNBR) last announced its quarterly earnings data on Tuesday, October 17th. The company reported $0.62 earnings per share for the quarter, missing analysts’ consensus estimates of $0.68 by ($0.06). Sleep Number had a return on equity of 51.12% and a net margin of 4.34%. The firm had revenue of $402.64 million during the quarter, compared to analysts’ expectations of $413.89 million. During the same quarter in the previous year, the firm earned $0.56 earnings per share. Sleep Number’s revenue was up 9.1% on a year-over-year basis. equities research analysts anticipate that Sleep Number Corp will post 1.37 earnings per share for the current year.
Several research firms have recently issued reports on SNBR. KeyCorp reiterated a “hold” rating on shares of Sleep Number in a report on Friday, September 29th. Zacks Investment Research upgraded shares of Sleep Number from a “sell” rating to a “hold” rating in a report on Friday, December 29th. Raymond James Financial upgraded shares of Sleep Number from a “market perform” rating to an “outperform” rating and set a $35.00 target price for the company in a report on Monday, October 2nd. Piper Jaffray Companies set a $38.00 target price on shares of Sleep Number and gave the company a “buy” rating in a report on Wednesday, October 11th. Finally, Bank of America set a $33.00 target price on shares of Sleep Number and gave the company a “hold” rating in a report on Wednesday, October 18th. Two investment analysts have rated the stock with a sell rating, five have assigned a hold rating and three have given a buy rating to the company’s stock. The stock currently has an average rating of “Hold” and an average price target of $30.67.
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Sleep Number Company Profile
Sleep Number Corporation, formerly Select Comfort Corporation, is a designer, manufacturer, marketer, retailer and servicer of a line of Sleep Number beds. The Company offers consumers individualized sleep solutions and services, which include a complete line of Sleep Number beds, bases and bedding accessories.
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