Sleep Number (NASDAQ:SNBR) Upgraded by Zacks Investment Research to Hold

Sleep Number stock has undergone multiple analysts rating changes in the recent past.  Sleep Number Upgraded by Zacks Investment Research on 10/30/2021. In a note to investors, the firm issued a new rating of Hold. The analysts previously had rating of Sell.

Shares of Sleep Number traded down -$3.05 on Friday, reaching $88.34. 467614 shares of the stock traded hands, compared to its average volume of 415608. Shares of Sleep Number were trading at $88.34 on Friday. The firm’s 50 day moving average is $93.52 and its 200 day moving average is $109.75.Sleep Number has a 12 month low of $86.89 and a 12 month high of $151.44. While on yearly highs and lows, Sleep Number’s today has traded high as $92.76 and has touched $86.89 on the downward trend. See More Analyst Rating at: RATING

Sleep Number Earnings and What to expect: 

Sleep Number last posted its earnings data on October 27th, 2021. The reported $2.22 EPS for the quarter, topping analysts’ consensus estimates of $1.44 by $0.78. The business earned $640 million during the quarter, compared to analyst estimates of $569.90 million. Its quarterly revenue was up 20.5% compared to the same quarter last year. Sleep Number has generated $4.90 earnings per share over the last year ($7.37 diluted earnings per share) and currently has a price-to-earnings ratio of 12.0. Earnings for Sleep Number are expected to grow by 2.61% in the coming year, from $7.28 to $7.47 per share. Sleep Number has not formally confirmed its next earnings publication date, but the company’s estimated earnings date is Wednesday, February 16th, 2022 based off prior year’s report dates.

Earnings for Sleep Number are expected to grow by 2.61% in the coming year, from $7.28 to $7.47 per share. The P/E ratio of Sleep Number is 11.99, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 14.98. The P/E ratio of Sleep Number is 11.99, which means that it is trading at a less expensive P/E ratio than the Consumer Discretionary sector average P/E ratio of about 21.49. Sleep Number has a PEG Ratio of 0.94. PEG Ratios below 1 indicate that a company could be undervalued.

Sleep Number (NASDAQ:SNBR) Moving Average Technical Analysis

5 day Moving Average is $90.31 And 5 day price change is -$3.95 (-4.28%)  with average volume for 5 day average is 562,000. While technical analysis for average 20 days shows significant difference, 20 day moving average is  $90.32 and 20 day price change is -$6.20 (-6.56%) and average 20 day moving volume is 404,130. 50 day moving average is $93.52  and 50 day price change is -$3.57 ( -3.88%)  and with average volume for 50 days is : 373,180. 200 day moving average is $109.75  and 200 day price change is -$10.34 (-10.48%)  and with average volume for 200 days is : 465,600.

Other owners latest trading in Sleep Number :

  • On 10/29/2021 shares held by Maryland State Retirement & Pension System were 9,295 which equates to market value of $0.96M and appx 0.00% owners of Sleep Number
  • On 10/29/2021 shares held by Amalgamated Bank were 11,820 which equates to market value of $1.11M and appx 0.00% owners of Sleep Number
  • On 10/29/2021 shares held by Banque Cantonale Vaudoise were 483 which equates to market value of $45K and appx 0.00% owners of Sleep Number
  • In total Institutional ownership equates to Institutional Ownership Percentage: 95.81% for Sleep Number

See More Analyst Rating at: RATING