A new trading day began on Tuesday, with Sleep Number Corp (NASDAQ: SNBR) stock price up 10.52% from the previous day of trading, before settling in for the closing price of $13.21. SNBR’s price has ranged from $9.00 to $39.98 over the past 52 weeks.
Here's Your FREE Report on the #1 Small-Cap Uranium Stock of '24.
Small-cap Uranium stocks are booming in 2024! The company we're about to show you is the ONLY small-cap stock in the space that benefits from ALL aspects of the global Uranium industry with none of the risks of running a mine. Smart investors will not be hesitating on this one!
Get the FREE Report with all the details here.
Sponsored
Annual sales at Consumer Cyclical sector company grew by 4.79% over the past five years. Meanwhile, its annual earnings per share averaged 57.29%. With a float of $20.79 million, this company’s outstanding shares have now reached $22.23 million.
Let’s look at the performance matrix of the company that is accounted for 4145 employees.
Sleep Number Corp (SNBR) Insider and Institutional Ownership
As we move forward, let’s examine how large-scale investors are investing in this stock of the Furnishings, Fixtures & Appliances Industry. The insider ownership of Sleep Number Corp is 6.52%, while institutional ownership is 86.21%.
Sleep Number Corp (SNBR) Latest Financial update
In its latest quarterly report, released on 12/31/2023, the company reported earnings of 0.51 per share, which was $0.1 higher than the consensus estimate of $0.26. In terms of return on equity, this company recorded -19.55% in contrast with 50.0% return on Investment (trailing twelve months). Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.08 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 57.29% per share during the next fiscal year.
Sleep Number Corp (NASDAQ: SNBR) Trading Performance Indicators
Here are Sleep Number Corp’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 0.10. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.17.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.68, a number that is poised to hit -0.31 in the next quarter and is forecasted to reach 0.81 in one year’s time.
Technical Analysis of Sleep Number Corp (SNBR)
Sleep Number Corp (NASDAQ: SNBR) saw its 5-day average volume 0.55 million, a negative change from its year-to-date volume of 0.58 million. As of the previous 9 days, the stock’s Stochastic %D was 60.43%. Additionally, its Average True Range was 0.93.
During the past 100 days, Sleep Number Corp’s (SNBR) raw stochastic average was set at 59.32%, which indicates a significant decrease from 87.77% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 69.12% in the past 14 days, which was lower than the 94.47% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $14.12, while its 200-day Moving Average is $18.28. Nevertheless, the first resistance level for the watch stands at $15.23 in the near term. At $15.85, the stock is likely to face the second major resistance level. The third major resistance level sits at $16.91. If the price goes on to break the first support level at $13.55, it is likely to go to the next support level at $12.49. The third support level lies at $11.87 if the price breaches the second support level.
Sleep Number Corp (NASDAQ: SNBR) Key Stats
With a market capitalization of 324.70 million, the company has a total of 22,326K Shares Outstanding. Currently, annual sales are 1,887 M while annual income is -15,290 K. The company’s previous quarter sales were 429,520 K while its latest quarter income was -25,190 K.
