NASDAQ:SNBRSleep Number Stock Price, Forecast & News

$33.80

-0.03 (-0.09 %)

(As of 05/26/2020 03:32 PM ET)

Add

Compare

Today's Range

$33.47

Now: $33.80▼

$34.20

50-Day Range

$15.55

MA: $27.70▼

$32.79

52-Week Range

$15.27

Now: $33.80▼

$61.00

Volume14,280 shs

Average Volume506,929 shs

Market Capitalization$934.23 million

P/E Ratio10.37

Dividend YieldN/A

Beta2.22

Sleep Number Corporation, together with its subsidiaries, provides sleep solutions and services in the United States. It designs, manufactures, markets, retails, and services beds, bases, and bedding accessories under the Sleep Number name. The company also offers adjustable bases under the FlextFit name; and pillows, temperature-balancing products, beds for kids, sheets, and other bedding products under the Sleep Number name. The company sells its products directly to consumers through retail, online, and phone, as well as through wholesale. As of March 4, 2019, it operated approximately 580 stores in 50 states. The company was formerly known as Select Comfort Corporation and changed its name to Sleep Number Corporation in November 2017. Sleep Number Corporation was founded in 1987 and is headquartered in Minneapolis, Minnesota.

Beat the Market (BTM) Rank^™

1.9 Analyst's Opinion

Consensus Rating
Sleep Number has received a consensus rating of Hold. The company's average rating score is 1.71, and is based on no buy ratings, 5 hold ratings, and 2 sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $37.71, Sleep Number has a potential upside of 11.1% from its current price of $33.94.
Amount of Analyst Coverage
Sleep Number has only been the subject of 4 research reports in the past 90 days.

2.2 Community Rank

Outperform Votes
Sleep Number has received 401 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
Sleep Number has received 511 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
Sleep Number has received 56.03% “underperform” votes from our community.

MarketBeat's community ratings are surveys of what our community members think about Sleep Number and other stocks. Vote “Outperform” if you believe SNBR will outperform the S&P 500 over the long term. Vote “Underperform” if you believe SNBR will underperform the S&P 500 over the long term. You may vote once every thirty days.

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.

0.0 Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Sleep Number insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $85,753.00 in company stock.
Percentage Held by Insiders
Only 6.00% of the stock of Sleep Number is held by insiders.

3.1 Earnings and Valuation

Earnings Growth
Earnings for Sleep Number are expected to grow by 47.02% in the coming year, from $1.51 to $2.22 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Sleep Number is 10.41, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 13.93.
Price to Earnings Ratio vs. Sector
The P/E ratio of Sleep Number is 10.41, which means that it is trading at a less expensive P/E ratio than the Consumer Discretionary sector average P/E ratio of about 18.26.
Price to Earnings Growth Ratio
Sleep Number has a PEG Ratio of 2.12. PEG Ratios above 1 indicate that a company could be overvalued.

Overall Beat the Market Rank^™

1.44 out of 5 stars

Industry, Sector and Symbol

Stock Exchange NASDAQ

Industry Household furniture

Sub-IndustryN/A

SectorConsumer Discretionary

Current SymbolNASDAQ:SNBR

Previous SymbolNASDAQ:SCSS

CUSIPN/A

CIK827187

Webwww.sleepnumber.com

Phone763-551-7000

Debt

Debt-to-Equity RatioN/A

Current Ratio0.47

Quick Ratio0.37

Price-To-Earnings

Trailing P/E Ratio10.37

Forward P/E Ratio22.38

P/E Growth2.12

Sales & Book Value

Annual Sales$1.70 billion

Price / Sales0.55

Cash Flow$5.41 per share

Price / Cash Flow6.25

Book Value($5.75) per share

Price / Book-5.88

Profitability

EPS (Most Recent Fiscal Year)$2.70

Net Income$81.85 million

Net Margins5.48%

Return on Equity-59.24%

Return on Assets11.04%

Miscellaneous

Employees4,476

Outstanding Shares27,640,000

Market Cap$934.23 million

Next Earnings Date7/23/2020 (Estimated)

OptionableOptionable

Receive SNBR News and Ratings via Email

Sign-up to receive the latest news and ratings for SNBR and its competitors with MarketBeat's FREE daily newsletter.

Sleep Number (NASDAQ:SNBR) Frequently Asked Questions

How has Sleep Number's stock been impacted by COVID-19 (Coronavirus)?

Sleep Number's stock was trading at $38.15 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization (WHO). Since then, SNBR shares have decreased by 11.0% and is now trading at $33.94. View which stocks have been most impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of 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 and 5 hold ratings for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for Sleep Number.

When is Sleep Number's next earnings date?

Sleep Number is scheduled to release its next quarterly earnings announcement on Thursday, July 23rd 2020. View our earnings forecast for Sleep Number.

How were Sleep Number's earnings last quarter?

Sleep Number Corp (NASDAQ:SNBR) issued its quarterly earnings results on Wednesday, April, 22nd. The company reported $1.36 EPS for the quarter, beating the Zacks' consensus estimate of $0.72 by $0.64. The company had revenue of $473 million for the quarter, compared to the consensus estimate of $433.19 million. Sleep Number had a net margin of 5.48% and a negative return on equity of 59.24%. The business's quarterly revenue was up 10.9% on a year-over-year basis. During the same quarter in the prior year, the company posted $0.80 earnings per share. View Sleep Number's earnings history.

What price target have analysts set for SNBR?

7 equities research analysts have issued 12 month price targets for Sleep Number's shares. Their forecasts range from $18.00 to $62.00. On average, they anticipate Sleep Number's stock price to reach $37.71 in the next year. This suggests a possible upside of 11.1% from the stock's current price. View analysts' price targets for Sleep Number.

Has Sleep Number been receiving favorable news coverage?

News articles about SNBR stock have trended negative on Tuesday, InfoTrie reports. The research firm scores the sentiment of press coverage by analyzing more than six thousand news and blog sources in real time. 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 media sentiment score of -2.6 on InfoTrie's scale. They also assigned press coverage about the company a news buzz of 9.0 out of 10, meaning that recent press coverage is extremely likely to have an impact on the company's share price in the near future. View the latest news aboutSleep Number.

Who are some of Sleep Number's key competitors?

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

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 Home Depot (HD), UnitedHealth Group (UNH), AbbVie (ABBV), Canopy Growth (CGC), Intel (INTC), Lululemon Athletica (LULU), NVIDIA (NVDA), Cisco Systems (CSCO), Energy Transfer LP Unit (ET) and Alibaba Group (BABA).

Who are Sleep Number's key executives?

Sleep Number's management team includes the following people:

Ms. Shelly R. Ibach, CEO, Pres & Exec. Director (Age 59)
Mr. David R. Callen, CFO & Sr. VP (Age 52)
Mr. Andrew P. Carlin, Exec. VP and Chief Sales & Service Officer (Age 55)
Mr. Kevin Kennedy Brown, Sr. VP & Chief Marketing Officer (Age 50)
Ms. Andrea Lee Bloomquist, Chief Product Officer & Sr. VP (Age 49)

What is Sleep Number's stock symbol?

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

Who are Sleep Number's major shareholders?

Sleep Number's stock is owned by a variety of institutional and retail investors. Top institutional investors include BlackRock Inc. (14.99%), Disciplined Growth Investors Inc. MN (12.48%), Alliancebernstein L.P. (5.87%), State Street Corp (3.10%), Rothschild & Co. Asset Management US Inc. (2.32%) and Geode Capital Management LLC (1.77%). 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, Michael A Peel, Patricia Ann Dirks, Robert Joseph Poirier, Shelly Radue Ibach, Stephen L Gulis Jr and Suresh Krishna. View institutional ownership trends for Sleep Number.

Which major investors are selling Sleep Number stock?

SNBR stock was sold by a variety of institutional investors in the last quarter, including APG Asset Management N.V., APG Asset Management N.V., Disciplined Growth Investors Inc. MN, BlackRock Inc., Maverick Capital Ltd., Maverick Capital Ltd., Canada Pension Plan Investment Board, and APG Asset Management N.V.. Company insiders that have sold Sleep Number company stock in the last year include Andrea Lee Bloomquist, Brenda J Lauderback, David R Callen, Jean Michel Valette, Joseph Hunter Saklad, Michael A Peel, Patricia Ann Dirks, Robert Joseph Poirier, Shelly Radue Ibach, and Stephen L Gulis Jr. View insider buying and selling activity for Sleep Number.

Which major investors are buying Sleep Number stock?

SNBR stock was bought by a variety of institutional investors in the last quarter, including Lord Abbett & CO. LLC, Alliancebernstein L.P., Engineers Gate Manager LP, Fuller & Thaler Asset Management Inc., Mackay Shields LLC, Grantham Mayo Van Otterloo & Co. LLC, Voloridge Investment Management LLC, and JPMorgan Chase & Co.. View insider buying and selling activity for Sleep Number.

How do I buy shares of 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.

What is Sleep Number's stock price today?

One share of SNBR stock can currently be purchased for approximately $33.94.

How big of a company is Sleep Number?

Sleep Number has a market capitalization of $938.10 million and generates $1.70 billion in revenue each year. The company earns $81.85 million in net income (profit) each year or $2.70 on an earnings per share basis. Sleep Number employs 4,476 workers across the globe.

What is Sleep Number's official website?

The official website for Sleep Number is www.sleepnumber.com.

How can I contact Sleep Number?

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]

This page was last updated on 5/26/2020 by MarketBeat.com Staff