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

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

Sleep Number Corp (NASDAQ:SNBR) released its quarterly earnings data on Tuesday, October, 15th. The company reported $0.94 EPS for the quarter, beating the Zacks' consensus estimate of $0.79 by $0.15. The business earned $474.78 million during the quarter, compared to analysts' expectations of $462.06 million. Sleep Number had a net margin of 5.08% and a negative return on equity of 60.10%. The firm's quarterly revenue was up 14.5% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.52 EPS. 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 guidance of $2.45-2.75 for the period, compared to the Thomson Reuters consensus EPS 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 Wall Street analysts have issued 1-year target prices for Sleep Number's shares. 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.

Headlines about SNBR stock have been trending somewhat negative on Monday, according to InfoTrie Sentiment. The research group identifies negative and positive news coverage by reviewing more than six thousand news and blog sources in real time. The firm ranks coverage of public companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Sleep Number earned a coverage optimism score of -1.7 on InfoTrie's scale. They also gave media headlines about the company a news buzz of 10.0 out of 10, meaning that recent news coverage is extremely likely to have an effect on the stock's share price in the near future. 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 Canopy Growth (CGC), Home Depot (HD), Intel (INTC), NVIDIA (NVDA), Cisco Systems (CSCO), UnitedHealth Group (UNH), AbbVie (ABBV), Energy Transfer LP Unit (ET), Lululemon Athletica (LULU) and Netflix (NFLX).

Sleep Number's stock is owned by a variety of of retail and institutional investors. Top institutional investors 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]