Should I buy or sell Sleep Number stock right now?

3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Sleep Number in the last year. There are currently 3 hold ratings for the stock. The consensus among Wall Street analysts is that investors should "hold" SNBR shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in SNBR, but not buy additional shares or sell existing shares. View SNBR analyst ratings or view top-rated stocks .

What is Sleep Number's stock price target for 2024?

3 brokers have issued 1-year price objectives for Sleep Number's shares. Their SNBR share price targets range from $13.50 to $32.00. On average, they predict the company's share price to reach $22.83 in the next twelve months. This suggests a possible upside of 71.9% from the stock's current price. View analysts price targets for SNBR or view top-rated stocks among Wall Street analysts .

How have SNBR shares performed in 2024?

Sleep Number's stock was trading at $14.83 at the beginning of the year. Since then, SNBR stock has decreased by 10.5% and is now trading at $13.28. View the best growth stocks for 2024 here .

When is Sleep Number's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, April 24th 2024. View our SNBR earnings forecast .

How can I listen to Sleep Number's earnings call?

Sleep Number will be holding an earnings conference call on Wednesday, April 24th at 5:00 PM Eastern. Interested parties can register for or listen to the call using this link .

How were Sleep Number's earnings last quarter?

Sleep Number Co. (NASDAQ:SNBR) announced its quarterly earnings data on Thursday, February, 22nd. The company reported ($0.58) earnings per share for the quarter, beating analysts' consensus estimates of ($0.90) by $0.32. The company had revenue of $429.52 million for the quarter, compared to analysts' expectations of $415.70 million. Sleep Number had a negative trailing twelve-month return on equity of 1.05% and a negative net margin of 0.81%.

What ETF holds Sleep Number's stock?

Hoya Capital Housing ETF holds 13,498 shares of SNBR stock, representing 1.03% of its portfolio.

What guidance has Sleep Number issued on next quarter's earnings?

Sleep Number issued an update on its first quarter 2024 earnings guidance on Friday, February, 23rd. The company provided EPS guidance of for the period. The company issued revenue guidance of $473.9 million-$473.9 million, compared to the consensus revenue estimate of $481.8 million.

What is Shelly Ibach's approval rating as Sleep Number's CEO?

383 employees have rated Sleep Number Chief Executive Officer Shelly Ibach on Glassdoor.com . Shelly Ibach has an approval rating of 75% among the company's employees.

What other stocks do shareholders of Sleep Number own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Sleep Number investors own include AbbVie (ABBV) , Intel (INTC) , Micron Technology (MU) , UnitedHealth Group (UNH) , Alibaba Group (BABA) , Netflix (NFLX) , Advanced Micro Devices (AMD) , Cisco Systems (CSCO) , NVIDIA (NVDA) and Broadcom (AVGO) .

Who are Sleep Number's major shareholders?

Sleep Number's stock is owned by a number of retail and institutional investors. Top institutional shareholders include Partnership Wealth Management LLC (1.05%), Los Angeles Capital Management LLC (0.12%) and GAMMA Investing LLC (0.02%). Insiders that own company stock include Brenda J Lauderback, Christopher D Krusmark , Daniel Alegre and Kevin Kennedy Brown . View institutional ownership trends .

How do I buy shares of Sleep Number?

Shares of SNBR stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here .

NASDAQ:SNBR

Sleep Number (SNBR) Stock Price, News & Analysis

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Free SNBR Stock Alerts

$13.28

+0.32 (+2.47%)

(As of 04/15/2024 ET)

Compare

Today's Range: $12.65
▼
$13.29
50-Day Range: $9.42
▼
$16.99
52-Week Range: $9.00
▼
$39.98

Volume: 417,405 shs
Average Volume: 395,672 shs
Market Capitalization: $296.54 million

P/E Ratio: N/A
Dividend Yield: N/A
Price Target: $22.83

Get Sleep Number alerts:

Sleep Number MarketRank™ Stock Analysis

Analyst Rating: Hold
2.00 Rating Score
Upside/Downside: 71.9% Upside
$22.83 Price Target
Short Interest: Healthy
10.58% of Float Sold Short
Dividend Strength: N/A
Sustainability: N/A
News Sentiment: 0.94
Based on 3 Articles This Week
Insider Trading: N/A
Proj. Earnings Growth: Growing
From ($0.34) to $0.74 Per Share

Overall MarketRank^™

New Rank-Based ScoringMarketRank^™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

1.85 out of 5 stars

Consumer Discretionary Sector

205th out of 261 stocks

Household Furniture Industry

7th out of 8 stocks

3.0

Analyst's Opinion

Consensus Rating
Sleep Number has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on no buy ratings, 3 hold ratings, and no sell ratings.
Amount of Analyst Coverage
Sleep Number has only been the subject of 1 research reports in the past 90 days.

3.0

Short Interest

Percentage of Shares Shorted
10.58% of the float of Sleep Number has been sold short.
Short Interest Ratio / Days to Cover
Sleep Number has a short interest ratio ("days to cover") of 3.8, which is generally considered an acceptable ratio of short interest to trading volume.
Change versus previous month
Short interest in Sleep Number has recently decreased by 1.79%, indicating that investor sentiment is improving.

0.0

Dividend Strength

Dividend Yield
Sleep Number does not currently pay a dividend.
Dividend Growth
Sleep Number does not have a long track record of dividend growth.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for SNBR.

2.7

News and Social Media Coverage

News Sentiment
Sleep Number has a news sentiment score of 0.94. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.57 average news sentiment score of Consumer Discretionary companies.
News Coverage This Week
MarketBeat has tracked 3 news articles for Sleep Number this week, compared to 3 articles on an average week.
MarketBeat Follows
3 people have added Sleep Number to their MarketBeat watchlist in the last 30 days. This is an increase of 200% compared to the previous 30 days.

1.7

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Sleep Number insiders have not sold or bought any company stock.
Percentage Held by Insiders
Only 7.20% of the stock of Sleep Number is held by insiders.
Percentage Held by Institutions
85.67% of the stock of Sleep Number is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

0.6

Earnings and Valuation

Earnings Growth
Earnings for Sleep Number are expected to grow in the coming year, from ($0.34) to $0.74 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Sleep Number is -19.53, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Earnings Ratio vs. Sector
The P/E ratio of Sleep Number is -19.53, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

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About Sleep Number Stock (NASDAQ:SNBR)

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. The company sells its products directly to consumers through retail, online, phone, chat, and other. The company was formerly known as Select Comfort Corporation and changed its name to Sleep Number Corporation in November 2017. Sleep Number Corporation was incorporated in 1987 and is headquartered in Minneapolis, Minnesota.

SNBR Stock Price History

30 days | 90 days | 365 days | Advanced Chart

SNBR Stock News Headlines

April 16, 2024 | msn.com

Record Number of Americans Aren't Sleeping Well, Gallup Survey Finds

April 10, 2024 | businesswire.com

Sleep Number Corporation to Announce First Quarter 2024 Results on April 24th

April 16, 2024 | Gold Safe Exchange (Ad)

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April 5, 2024 | msn.com

BMI influences efficacy of nerve-stimulation treatment for sleep apnea, study finds

April 4, 2024 | finance.yahoo.com

Q4 Earnings Recap: Williams-Sonoma (NYSE:WSM) Tops Home Furniture Retailer Stocks

April 3, 2024 | msn.com

Irregular sleep and late bedtimes associated with worse grades for high school students

April 1, 2024 | msn.com

Good sleep can improve your athletic endurance, speed, and recovery

April 1, 2024 | msn.com

Most sudden infant deaths involved unsafe sleep habits, study finds

April 16, 2024 | Gold Safe Exchange (Ad)

Trump’s “Tax Free” Retirement Strategy

April 1, 2024 | seekingalpha.com

Sleep Number: An Interesting Gamble, But Not A Value Play

March 31, 2024 | msn.com

The golden 90 minutes of deep sleep and how to get it

March 27, 2024 | finance.yahoo.com

Reflecting On Home Furniture Retailer Stocks’ Q4 Earnings: Arhaus (NASDAQ:ARHS)

March 18, 2024 | msn.com

Scientists find key to good night's sleep 'lies earlier in day'

March 15, 2024 | msn.com

Anker's new sleep earbuds block out most noise so you can sleep like a baby

March 14, 2024 | msn.com

Would you pay $2,565 for a good night’s sleep?

March 11, 2024 | nj.com

Experts say ‘sleepiness isn’t normal’ – here’s everything you need to get the best sleep ever

February 26, 2024 | seekingalpha.com

Sleep Number is up more than 50% since reporting earnings

February 24, 2024 | finance.yahoo.com

Sleep Number Full Year 2023 Earnings: EPS Misses Expectations

February 24, 2024 | marketwatch.com

Sleep Number Shares Surge Despite Tepid Outlook, Wider 4Q Loss

February 23, 2024 | theglobeandmail.com

Why Is Sleep Number (SNBR) Stock Rocketing Higher Today

February 23, 2024 | fool.com

Here's Why Sleep Number Stock Skyrocketed Today

February 23, 2024 | finance.yahoo.com

Q4 2023 Sleep Number Corp Earnings Call

February 23, 2024 | fool.com

Sleep Number (SNBR) Q4 2023 Earnings Call Transcript

February 22, 2024 | benzinga.com

Recap: Sleep Number Q4 Earnings

February 22, 2024 | msn.com

Sleep Number Non-GAAP EPS of -$0.58 beats by $0.30, revenue of $430M beats by $9.22M

February 22, 2024 | finance.yahoo.com

Sleep Number Corp (SNBR) Reports Full Year 2023 Financial Results

February 22, 2024 | finance.yahoo.com

Sleep Number's (NASDAQ:SNBR) Q4: Beats On Revenue, Stock Soars

See More Headlines

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Company Calendar

Last Earnings: 2/22/2024
Today: 4/15/2024
Next Earnings (Confirmed): 4/24/2024
Fiscal Year End: 12/31/2024

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: NASDAQ
Sector: Consumer Discretionary
Industry: Household furniture
Sub-Industry: N/A
Current Symbol: NASDAQ:SNBR
Previous Symbol: NASDAQ:SCSS
CUSIP: N/A
CIK: 827187
Web: www.sleepnumber.com
Phone: (763) 551-7000
Fax: 763-551-7123
Employees: 4,145
Year Founded: N/A

Price Target and Rating

Average Stock Price Target: $22.83
High Stock Price Target: $32.00
Low Stock Price Target: $13.50
Potential Upside/Downside: +71.9%
Consensus Rating: Hold
Rating Score (0-4): 2.00
Research Coverage: 3 Analysts

Profitability

EPS (Most Recent Fiscal Year): ($0.68)
Trailing P/E Ratio: N/A
Forward P/E Ratio: N/A
P/E Growth: N/A
Net Income: $-15,290,000.00
Net Margins: -0.81%
Pretax Margin: -1.05%
Return on Equity: -1.05%
Return on Assets: -0.34%

Debt

Debt-to-Equity Ratio: N/A
Current Ratio: 0.22
Quick Ratio: 0.10

Sales & Book Value

Annual Sales: $1.89 billion
Price / Sales: 0.16
Cash Flow: $3.26 per share
Price / Cash Flow: 4.07
Book Value: ($19.87) per share
Price / Book: -0.67

Miscellaneous

Outstanding Shares: 22,326,000
Free Float: 20,808,000
Market Cap: $296.49 million
Optionable: Optionable
Beta: 1.96

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Key Executives

Ms. Shelly R. Ibach (Age 64)
CEO, President & Chair
Comp: $1.28M
Mr. Samuel R. Hellfeld (Age 45)
Executive VP, Chief Legal & Risk Officer and Secretary
Comp: $634.39k
Ms. Melissa Barra (Age 52)
Executive VP and Chief Sales & Services Officer
Comp: $586.69k
Ms. Andrea Lee Bloomquist (Age 54)
Executive VP & Chief Innovation Officer
Comp: $588.9k
Mr. Francis K. Lee (Age 52)
Executive VP & CFO
Mr. Joel J. Laing
Chief Accounting Officer
Mr. David W. Schwantes
Vice President of Finance, Investor Relations & Decision Support
Mr. Kevin Kennedy Brown (Age 55)
Executive VP & Chief Marketing Officer
Comp: $1.22M
Mr. Christopher D Krusmark (Age 44)
Executive VP & Chief Human Resources Officer
Mr. Joseph Hunter Saklad (Age 54)
Executive VP & Chief Supply Chain Officer
Comp: $886.8k

Key Competitors

View All Competitors

Institutional Ownership

View All Institutional Transactions

SNBR Stock Analysis - Frequently Asked Questions

Should I buy or sell Sleep Number stock right now?: 3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Sleep Number in the last year. There are currently 3 hold ratings for the stock. The consensus among Wall Street analysts is that investors should "hold" SNBR shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in SNBR, but not buy additional shares or sell existing shares.
View SNBR analyst ratings or view top-rated stocks.
What is Sleep Number's stock price target for 2024?: 3 brokers have issued 1-year price objectives for Sleep Number's shares. Their SNBR share price targets range from $13.50 to $32.00. On average, they predict the company's share price to reach $22.83 in the next twelve months. This suggests a possible upside of 71.9% from the stock's current price.
View analysts price targets for SNBR or view top-rated stocks among Wall Street analysts.
How have SNBR shares performed in 2024?: Sleep Number's stock was trading at $14.83 at the beginning of the year. Since then, SNBR stock has decreased by 10.5% and is now trading at $13.28.
View the best growth stocks for 2024 here.
When is Sleep Number's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Wednesday, April 24th 2024.
View our SNBR earnings forecast.
How can I listen to Sleep Number's earnings call?: Sleep Number will be holding an earnings conference call on Wednesday, April 24th at 5:00 PM Eastern. Interested parties can register for or listen to the call using this link.
How were Sleep Number's earnings last quarter?: Sleep Number Co. (NASDAQ:SNBR) announced its quarterly earnings data on Thursday, February, 22nd. The company reported ($0.58) earnings per share for the quarter, beating analysts' consensus estimates of ($0.90) by $0.32. The company had revenue of $429.52 million for the quarter, compared to analysts' expectations of $415.70 million. Sleep Number had a negative trailing twelve-month return on equity of 1.05% and a negative net margin of 0.81%.

What ETF holds Sleep Number's stock?: Hoya Capital Housing ETF holds 13,498 shares of SNBR stock, representing 1.03% of its portfolio.
What guidance has Sleep Number issued on next quarter's earnings?: Sleep Number issued an update on its first quarter 2024 earnings guidance on Friday, February, 23rd. The company provided EPS guidance of for the period. The company issued revenue guidance of $473.9 million-$473.9 million, compared to the consensus revenue estimate of $481.8 million.
What is Shelly Ibach's approval rating as Sleep Number's CEO?: 383 employees have rated Sleep Number Chief Executive Officer Shelly Ibach on Glassdoor.com. Shelly Ibach has an approval rating of 75% among the company's employees.
What other stocks do shareholders of Sleep Number own?: Based on aggregate information from My MarketBeat watchlists, some companies that other Sleep Number investors own include AbbVie (ABBV), Intel (INTC), Micron Technology (MU), UnitedHealth Group (UNH), Alibaba Group (BABA), Netflix (NFLX), Advanced Micro Devices (AMD), Cisco Systems (CSCO), NVIDIA (NVDA) and Broadcom (AVGO).
Who are Sleep Number's major shareholders?: Sleep Number's stock is owned by a number of retail and institutional investors. Top institutional shareholders include Partnership Wealth Management LLC (1.05%), Los Angeles Capital Management LLC (0.12%) and GAMMA Investing LLC (0.02%). Insiders that own company stock include Brenda J Lauderback, Christopher D Krusmark, Daniel Alegre and Kevin Kennedy Brown.
View institutional ownership trends.
How do I buy shares of Sleep Number?: Shares of SNBR stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NASDAQ:SNBR) was last updated on 4/16/2024 by MarketBeat.com Staff

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