NASDAQ:SNBRSleep Number Stock Price, Forecast & News

$26.57

+0.37 (+1.41 %)

(As of 04/9/2020 04:00 PM ET)

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Today's Range

$25.51

Now: $26.57▼

$29.57

50-Day Range

$15.55

MA: $35.30▼

$59.72

52-Week Range

$15.27

Now: $26.57▼

$61.00

Volume870,054 shs

Average Volume598,027 shs

Market Capitalization$727.01 million

P/E Ratio9.84

Dividend YieldN/A

Beta1.84

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^™

2.9 Analyst's Opinion

Consensus Rating
Sleep Number has received a consensus rating of Hold. The company's average rating score is 1.86, and is based on 1 buy rating, 4 hold ratings, and 2 sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $43.14, Sleep Number has a potential upside of 62.4% from its current price of $26.57.
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 504 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
Sleep Number has received 55.69% “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 $1,176,525.00 in company stock.
Percentage Held by Insiders
Only 5.60% 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 40.12% in the coming year, from $1.62 to $2.27 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Sleep Number is 9.84, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 12.91.
Price to Earnings Ratio vs. Sector
The P/E ratio of Sleep Number is 9.84, which means that it is trading at a less expensive P/E ratio than the Consumer Discretionary sector average P/E ratio of about 18.15.
Price to Earnings Growth Ratio
Sleep Number has a PEG Ratio of 1.27. PEG Ratios above 1 indicate that a company could be overvalued.

Overall Beat the Market Rank^™

1.65 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

Webhttp://www.sleepnumber.com/

Phone763-551-7000

Debt

Debt-to-Equity RatioN/A

Current Ratio0.27

Quick Ratio0.12

Price-To-Earnings

Trailing P/E Ratio9.84

Forward P/E Ratio16.40

P/E Growth1.27

Sales & Book Value

Annual Sales$1.70 billion

Price / Sales0.43

Cash Flow$6.64 per share

Price / Cash Flow4.00

Book Value($5.75) per share

Price / Book-4.62

Profitability

EPS (Most Recent Fiscal Year)$2.70

Net Income$81.85 million

Net Margins4.82%

Return on Equity-53.24%

Return on Assets10.16%

Miscellaneous

Employees4,476

Outstanding Shares27,362,000

Market Cap$727.01 million

Next Earnings Date4/15/2020 (Estimated)

OptionableOptionable

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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 (COVID-19) reached pandemic status according to the World Health Organization. Since then, SNBR shares have decreased by 30.4% and is now trading at $26.57. 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, 4 hold ratings and 1 buy rating 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 Wednesday, April 15th 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, February, 19th. The company reported $0.82 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.66 by $0.16. The firm earned $441.20 million during the quarter, compared to analysts' expectations of $426.59 million. Sleep Number had a negative return on equity of 53.24% and a net margin of 4.82%. Sleep Number's quarterly revenue was up 7.1% compared to the same quarter last year. During the same quarter in the previous year, the company earned $0.81 earnings per share. View Sleep Number's earnings history.

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

Sleep Number updated its FY20 earnings guidance on Wednesday, February, 19th. The company provided earnings per share guidance of $3.10 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $2.95.

What price target have analysts set for SNBR?

7 brokers have issued 12 month target prices for Sleep Number's stock. Their forecasts range from $18.00 to $62.00. On average, they expect Sleep Number's share price to reach $43.14 in the next twelve months. This suggests a possible upside of 62.4% 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 been trending very negative this week, according to InfoTrie Sentiment Analysis. InfoTrie scores the sentiment of news coverage by analyzing more than six thousand blog and news sources in real time. The firm ranks coverage of companies on a scale of negative five to five, with scores nearest to five being the most favorable. Sleep Number earned a coverage optimism score of -3.3 on InfoTrie's scale. They also assigned news coverage about the company a news buzz of 0.0 out of 10, indicating that recent news coverage is extremely unlikely to have an impact on the stock's share price in the near term. View the latest news aboutSleep Number.

Are investors shorting Sleep Number?

Sleep Number saw a increase in short interest in February. As of February 28th, there was short interest totaling 5,980,000 shares, an increase of 5.3% from the February 13th total of 5,680,000 shares. Based on an average daily trading volume, of 394,100 shares, the days-to-cover ratio is currently 15.2 days. Approximately 22.3% of the shares of the stock are short sold. View Sleep Number's Current Options Chain.

Who are some of Sleep Number's key competitors?

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

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 Netflix (NFLX).

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 many different institutional and retail investors. Top institutional shareholders include State of Alaska Department of Revenue (0.09%). 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, Shelly Radue Ibach, Stephen L Gulis Jr and Suresh Krishna. View institutional ownership trends for Sleep Number.

Which major investors are buying Sleep Number stock?

SNBR stock was acquired by a variety of institutional investors in the last quarter, including State of Alaska Department of Revenue. 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 $26.57.

How big of a company is Sleep Number?

Sleep Number has a market capitalization of $727.01 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. View additional information about Sleep Number.

What is Sleep Number's official website?

The official website for Sleep Number is http://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 4/9/2020 by MarketBeat.com Staff

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