Sleep Number Corp (NASDAQ: SNBR) on November 20, 2023, started off the session at the price of $11.30, soaring 3.45% from the previous trading day. During the day, the shares moved up to $11.79 and dropped to $11.09 before settling in for the closing price of $11.32. Within the past 52 weeks, SNBR’s price has moved between $9.39 and $41.61.
Consumer Cyclical Sector giant saw their annual sales surged by 8.14% over the last five years. The company achieved an average annual earnings per share of -127.37%. With a float of $21.01 million, this company’s outstanding shares have now reached $22.01 million.
The firm has a total of 5115 workers. Let’s measure their productivity. In terms of profitability, gross margin is +56.87, operating margin of +3.21, and the pretax margin is +2.31.
Sleep Number Corp (SNBR) Breakdown of a Key Holders of the stock
Observing investor behavior towards Furnishings, Fixtures & Appliances industry stocks is more important than anything else. The insider ownership of Sleep Number Corp is 5.49%, while institutional ownership is 91.87%. The most recent insider transaction that took place on Feb 28, was worth 41,099. In this transaction EVP Chief Legal & Risk Officer of this company sold 1,051 shares at a rate of $39.10, taking the stock ownership to the 15,061 shares. Before that another transaction happened on Feb 24, when Company’s Director sold 6,107 for $37.01, making the entire transaction worth $226,005. This insider now owns 34,966 shares in total.
Sleep Number Corp (SNBR) Recent Fiscal highlights
As on 9/29/2023, Multinational firm has announced its last quarter scores, in which it reported -$0.1 earnings per share (EPS) for the period falling under the consensus outlook (set at $0.17) by -$0.27. This company achieved a net margin of +1.73. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.43 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -127.37% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 6.80% during the next five years compared to 0.71% growth over the previous five years of trading.
Sleep Number Corp (NASDAQ: SNBR) Trading Performance Indicators
Sleep Number Corp (SNBR) is currently performing well based on its current performance indicators. A quick ratio of 0.06 was reported for the most recent quarter. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.13.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.19, a number that is poised to hit -0.88 in the next quarter and is forecasted to reach 0.65 in one year’s time.
Technical Analysis of Sleep Number Corp (SNBR)
Analysing the last 5-days average volume posted by the [Sleep Number Corp, SNBR], we can find that recorded value of 1.05 million was better than the volume posted last year of 0.59 million. As of the previous 9 days, the stock’s Stochastic %D was 36.57%. Additionally, its Average True Range was 1.39.
During the past 100 days, Sleep Number Corp’s (SNBR) raw stochastic average was set at 7.58%, which indicates a significant decrease from 30.49% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 171.16% in the past 14 days, which was higher than the 105.54% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $19.21, while its 200-day Moving Average is $25.34. Now, the first resistance to watch is $11.97. This is followed by the second major resistance level at $12.23. The third major resistance level sits at $12.67. If the price goes on to break the first support level at $11.27, it is likely to go to the next support level at $10.83. Now, if the price goes above the second support level, the third support stands at $10.57.
Sleep Number Corp (NASDAQ: SNBR) Key Stats
Market capitalization of the company is 260.31 million based on 22,228K outstanding shares. Right now, sales total 2,114 M and income totals 36,610 K. The company made 472,650 K in profit during its latest quarter, and -2,320 K in sales during its previous quarter.