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

Sleep Number's stock was trading at $38.15 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, SNBR stock has decreased by 54.2% and is now trading at $17.46. View which stocks have been mosted impacted by Coronavirus.

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.

Sleep Number is scheduled to release its next quarterly earnings announcement on Wednesday, April 15th 2020. View our earnings forecast for Sleep Number.

Sleep Number Corp (NASDAQ:SNBR) announced its quarterly earnings data on Wednesday, February, 19th. The company reported $0.82 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.66 by $0.16. The company earned $441.20 million during the quarter, compared to analyst estimates of $426.59 million. Sleep Number had a net margin of 4.82% and a negative return on equity of 53.24%. The company's revenue was up 7.1% compared to the same quarter last year. During the same quarter in the prior year, the business posted $0.81 EPS. View Sleep Number's earnings history.

Sleep Number issued an update on 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.

7 brokerages have issued 1 year price targets for Sleep Number's stock. Their forecasts range from $18.00 to $62.00. On average, they anticipate Sleep Number's stock price to reach $43.14 in the next twelve months. This suggests a possible upside of 147.1% from the stock's current price. View analysts' price targets for Sleep Number.

News coverage about SNBR stock has been trending very negative this week, InfoTrie Sentiment Analysis reports. InfoTrie rates the sentiment of news coverage by monitoring more than six thousand blog and news sources in real-time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Sleep Number earned a news impact score of -3.3 on InfoTrie's scale. They also gave media headlines about the company a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an effect on the stock's share price in the next few days. View the latest news aboutSleep Number.

Sleep Number saw a increase in short interest in the month of 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 short-interest ratio is currently 15.2 days. Approximately 22.3% of the company's shares are short sold. View Sleep Number's Current Options Chain.

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

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).

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

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 $17.46.

Sleep Number has a market capitalization of $484.50 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.

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]