Is Sleep Number Corp (NASDAQ: SNBR) Proving The Doubters Wrong?

Sleep Number Corp (SNBR) concluded trading on Thursday at a closing price of $7.49, with 4.55 million shares of worth about $34.05 million changed hands on the day. Half year performance of the stock remained negative as price took a plunge of -47.48% during that period and on March 06, 2025 the price saw a loss of about -41.89%. Currently the company’s common shares owned by public are about 22.39M shares, out of which, 20.98M shares are available for trading.

Stock saw a price change of -48.42% in past 5 days and over the past one month there was a price change of -57.03%. Year-to-date (YTD), SNBR shares are showing a performance of -50.85% which decreased to -52.14% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $8.13 but also hit the highest price of $20.75 during that period. The average intraday trading volume for Sleep Number Corp shares is 305.75K. The stock is currently trading -50.24% below its 20-day simple moving average (SMA20), while that difference is down -53.03% for SMA50 and it goes to -48.37% lower than SMA200.

Sleep Number Corp (NASDAQ: SNBR) currently have 22.39M outstanding shares and institutions hold larger chunk of about 88.13% of that.

The stock has a current market capitalization of $167.56M and its 3Y-monthly beta is at 1.86. It has posted earnings per share of -$0.90 in the same period. It has Quick Ratio of 0.09. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for SNBR, volatility over the week remained 15.99% while standing at 9.11% over the month.

Stock’s fiscal year EPS is expected to rise by 55.99% while it is estimated to increase by 139.66% in next year.

Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by Piper Sandler on April 21, 2022 offering a Neutral rating for the stock and assigned a target price range of between $62 and $49 to it. Coverage by Wedbush stated Sleep Number Corp (SNBR) stock as a Neutral in their note to investors on March 28, 2022, suggesting a price target of $54 for the stock. On February 04, 2022, Wedbush Upgrade their recommendations, while on February 18, 2021, UBS Upgrade their ratings for the stock with a price target of $135. Stock get an Underperform rating from BofA Securities on February 04, 2021.

Most Popular

Related Posts