Sleep Number (SNBR) Projected to Post Earnings on Wednesday

Sleep Number (NASDAQ:SNBR - Get Free Report) is expected to be releasing its earnings data before the market opens on Wednesday, April 30th. Analysts expect Sleep Number to post earnings of ($0.11) per share and revenue of $397.95 million for the quarter. Parties interested in listening to the company's conference call can do so using this link.

Sleep Number Price Performance

Shares of NASDAQ SNBR traded up $0.42 during trading on Friday, hitting $5.28. The stock had a trading volume of 537,300 shares, compared to its average volume of 501,883. The firm has a fifty day moving average of $9.08 and a two-hundred day moving average of $13.47. Sleep Number has a 12 month low of $4.48 and a 12 month high of $20.75. The company has a market capitalization of $118.21 million, a PE ratio of -2.92 and a beta of 2.07.

Insider Buying and Selling

In other Sleep Number news, insider Gary T. Fazio bought 12,000 shares of the business's stock in a transaction on Monday, March 10th. The stock was purchased at an average price of $7.54 per share, for a total transaction of $90,480.00. Following the completion of the transaction, the insider now directly owns 71,125 shares of the company's stock, valued at $536,282.50. This trade represents a 20.30 % increase in their ownership of the stock. The acquisition was disclosed in a filing with the SEC, which is accessible through this hyperlink. 6.80% of the stock is currently owned by insiders.

Analyst Upgrades and Downgrades

Several equities analysts have recently issued reports on the company. Piper Sandler reduced their target price on Sleep Number from $11.00 to $6.00 and set a "neutral" rating for the company in a report on Friday, April 11th. Wedbush lowered their target price on Sleep Number from $18.00 to $12.00 and set a "neutral" rating on the stock in a research note on Thursday, March 6th. Finally, StockNews.com upgraded shares of Sleep Number from a "hold" rating to a "buy" rating in a research report on Thursday, January 9th.

Sleep Number Company Profile

Sleep Number Corporation, together with its subsidiaries, offers sleep solutions and services in the United States. The company designs, manufactures, markets, retails, and services beds, pillows, sheets, and other bedding products under the Sleep Number name. It also provides smart adjustable bases under the FlextFit brand, and smart beds under the Climate 360 name.