Somnigroup International (NYSE:SGI) Given Equal Weight Rating at Stephens

Key Points

• Stephens reaffirmed an "Equal Weight" rating on Somnigroup (NYSE:SGI) with an $89 price target (about 7.7% upside), while the consensus is a Moderate Buy with an average target of $100.60 and four Buy vs three Hold ratings.
• Somnigroup beat or met expectations for its latest quarter with EPS of $0.72 and revenue of $1.87 billion (up 54.7% year-over-year), and set FY2026 guidance of 3.00–3.40 EPS.

Somnigroup International (NYSE:SGI - Get Free Report)'s stock had its "equal weight" rating reaffirmed by investment analysts at Stephens in a report released on Tuesday,Benzinga reports. They presently have a $89.00 price target on the stock. Stephens' price objective would indicate a potential upside of 7.66% from the company's current price.

Several other research analysts have also recently weighed in on the stock. Truist Financial boosted their price target on shares of Somnigroup International from $105.00 to $115.00 and gave the stock a "buy" rating in a report on Thursday, March 5th. Weiss Ratings restated a "hold (c)" rating on shares of Somnigroup International in a report on Monday, December 29th. Jefferies Financial Group upgraded shares of Somnigroup International from a "hold" rating to a "buy" rating and cut their price target for the stock from $90.00 to $88.00 in a report on Thursday, March 26th. Bank of America cut their price target on shares of Somnigroup International from $106.00 to $96.00 and set a "buy" rating on the stock in a report on Tuesday. Finally, Zacks Research cut shares of Somnigroup International from a "strong-buy" rating to a "hold" rating in a report on Tuesday, January 6th. Four equities research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company's stock. According to MarketBeat, the stock has a consensus rating of "Moderate Buy" and an average target price of $100.60.

Somnigroup International Price Performance

Shares of NYSE SGI opened at $82.67 on Tuesday. The firm has a market capitalization of $17.39 billion, a PE ratio of 45.84, a P/E/G ratio of 1.01 and a beta of 1.33. The firm's 50-day simple moving average is $82.79. Somnigroup International has a 1 year low of $56.15 and a 1 year high of $98.56. The company has a debt-to-equity ratio of 1.47, a current ratio of 0.83 and a quick ratio of 0.42.

Somnigroup International (NYSE:SGI - Get Free Report) last issued its quarterly earnings data on Tuesday, February 17th. The company reported $0.72 earnings per share (EPS) for the quarter, meeting analysts' consensus estimates of $0.72. The firm had revenue of $1.87 billion during the quarter. Somnigroup International had a net margin of 5.14% and a return on equity of 19.36%. The firm's quarterly revenue was up 54.7% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.60 earnings per share. Somnigroup International has set its FY 2026 guidance at 3.000-3.400 EPS.

Institutional Trading of Somnigroup International

Several hedge funds have recently added to or reduced their stakes in the stock. Brown Miller Wealth Management LLC raised its position in Somnigroup International by 2.4% in the fourth quarter. Brown Miller Wealth Management LLC now owns 4,820 shares of the company's stock worth $430,000 after acquiring an additional 113 shares during the period. HB Wealth Management LLC raised its position in Somnigroup International by 1.0% in the fourth quarter. HB Wealth Management LLC now owns 11,885 shares of the company's stock worth $1,061,000 after acquiring an additional 115 shares during the period. Sanctuary Advisors LLC raised its position in Somnigroup International by 5.1% in the fourth quarter. Sanctuary Advisors LLC now owns 2,912 shares of the company's stock worth $260,000 after acquiring an additional 141 shares during the period. PNC Financial Services Group Inc. raised its position in Somnigroup International by 1.3% in the fourth quarter. PNC Financial Services Group Inc. now owns 10,926 shares of the company's stock worth $975,000 after acquiring an additional 142 shares during the period. Finally, Fifth Third Bancorp raised its position in Somnigroup International by 8.1% in the fourth quarter. Fifth Third Bancorp now owns 1,974 shares of the company's stock worth $176,000 after acquiring an additional 148 shares during the period. Institutional investors own 99.86% of the company's stock.

About Somnigroup International

Somnigroup International Inc, together with its subsidiaries, designs, manufactures, distributes, and retails bedding products in the United States and internationally. It provides mattresses, foundations and adjustable foundations, and adjustable bases, as well as other products comprising pillows, mattress covers, sheets, cushions, and various other accessories and comfort products under the Tempur-Pedic, Sealy, Stearns & Foster, Sealy, and Cocoon by Sealy brand names. The company sells its products through approximately company-owned stores, online, and call centers; and third party retailers, including third party distribution, hospitality, and healthcare.

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