NASDAQ:SNBR - Sleep Number Stock Price, Forecast & News

Sleep Number trades on the NASDAQ under the ticker symbol "SNBR."

Sleep Number Corp (NASDAQ:SNBR) issued its quarterly earnings results on Tuesday, October, 15th. The company reported $0.94 EPS for the quarter, topping the consensus estimate of $0.79 by $0.15. The firm earned $474.78 million during the quarter, compared to analyst estimates of $462.06 million. Sleep Number had a net margin of 5.08% and a negative return on equity of 60.10%. Sleep Number's revenue for the quarter was up 14.5% compared to the same quarter last year. During the same quarter in the prior year, the business posted $0.52 earnings per share. View Sleep Number's Earnings History.

Sleep Number is scheduled to release their next quarterly earnings announcement on Wednesday, February 12th 2020. View Earnings Estimates for Sleep Number.

Sleep Number updated its FY19 earnings guidance on Tuesday, October, 15th. The company provided earnings per share (EPS) guidance of $2.45-2.75 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $2.58. The company issued revenue guidance of up to $1.68 billion, compared to the consensus revenue estimate of $1.67 billion.

7 analysts have issued 1 year price targets for Sleep Number's stock. Their forecasts range from $29.00 to $49.00. On average, they expect Sleep Number's share price to reach $40.29 in the next year. This suggests that the stock has a possible downside of 17.9%. View Analyst Price Targets for Sleep Number.

7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Sleep Number in the last year. There are currently 2 sell ratings, 4 hold ratings and 1 buy rating for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Sleep Number.

Media coverage about SNBR stock has trended somewhat negative this week, InfoTrie reports. InfoTrie rates the sentiment of media coverage by analyzing more than six thousand blog and news sources. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Sleep Number earned a news sentiment score of -1.4 on InfoTrie's scale. They also assigned news articles about the company a news buzz of 10.0 out of 10, meaning that recent media coverage is extremely likely to have an impact on the stock's share price in the next several days. View News Stories for Sleep Number.

Some companies that are related to Sleep Number include Tempur Sealy International (TPX), Compass Diversified (CODI), La-Z-Boy (LZB), Kimball International (KBAL), Hooker Furniture (HOFT), Flexsteel Industries (FLXS), Purple Innovation (PRPL), Natuzzi, S.p.A (NTZ), Nova Lifestyle (NVFY) and Luvu Brands (LUVU).

Based on aggregate information from My MarketBeat watchlists, some companies that other Sleep Number investors own include Home Depot (HD), Intel (INTC), NVIDIA (NVDA), Canopy Growth (CGC), Cisco Systems (CSCO), UnitedHealth Group (UNH), Energy Transfer LP Unit (ET), Lululemon Athletica (LULU), Netflix (NFLX) and AbbVie (ABBV).

Sleep Number's stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include Disciplined Growth Investors Inc. MN (12.39%), State Street Corp (3.06%), Pictet Asset Management Ltd. (1.47%), Millennium Management LLC (1.40%), Man Group plc (1.27%) and Public Employees Retirement System of Ohio (0.69%). Company insiders that own Sleep Number stock include Andrea Lee Bloomquist, Andrew P Carlin, Brenda J Lauderback, David R Callen, Jean Michel Valette, Joseph Hunter Saklad, Kathleen L Nedorostek, Kevin Kennedy Brown, Mark A Kimball, Michael A Peel, Patricia Ann Dirks, Shelly Radue Ibach, Stephen L Gulis Jr and Suresh Krishna. View Institutional Ownership Trends for Sleep Number.

SNBR stock was sold by a variety of institutional investors in the last quarter, including River Road Asset Management LLC, State Street Corp, Maverick Capital Ltd., Barclays PLC, New York State Teachers Retirement System, State of Tennessee Treasury Department, Cutler Group LP and Hancock Whitney Corp. Company insiders that have sold Sleep Number company stock in the last year include Andrea Lee Bloomquist, Andrew P Carlin, Brenda J Lauderback, Jean Michel Valette, Joseph Hunter Saklad, Kevin Kennedy Brown, Michael A Peel, Patricia Ann Dirks, Shelly Radue Ibach, Stephen L Gulis Jr and Suresh Krishna. View Insider Buying and Selling for Sleep Number.

SNBR stock was acquired by a variety of institutional investors in the last quarter, including Pictet Asset Management Ltd., Millennium Management LLC, Disciplined Growth Investors Inc. MN, State of New Jersey Common Pension Fund D, Man Group plc, K.J. Harrison & Partners Inc, Squarepoint Ops LLC and Bridge City Capital LLC. View Insider Buying and Selling for Sleep Number.

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

One share of SNBR stock can currently be purchased for approximately $49.06.

Sleep Number has a market capitalization of $1.39 billion and generates $1.53 billion in revenue each year. The company earns $69.54 million in net income (profit) each year or $1.92 on an earnings per share basis. Sleep Number employs 4,220 workers across the globe.View Additional Information About Sleep Number.

The official website for Sleep Number is http://www.sleepnumber.com/.

Sleep Number's mailing address is 1001 THIRD AVENUE SOUTH, MINNEAPOLIS MN, 55404. The company can be reached via phone at 763-551-7000 or via email at [email protected]