A new trading day began on Tuesday, with Sleep Number Corp (NASDAQ: SNBR) stock price up 8.32% from the previous day of trading, before settling in for the closing price of $13.10. SNBR’s price has ranged from $8.13 to $20.75 over the past 52 weeks.
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Annual sales at Consumer Cyclical sector company grew by 4.79% over the past five years. Meanwhile, its annual earnings per share averaged -36.03%. With a float of $20.81 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. In terms of profitability, gross margin is 59.0%, operating margin of 0.93%, and the pretax margin is -2.81%.
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 6.91%, while institutional ownership is 86.21%. The most recent insider transaction that took place on Nov 01 ’24, was worth 1,285,796. In this transaction 10% Owner of this company bought 98,705 shares at a rate of $13.03, taking the stock ownership to the 2,018,705 shares. Before that another transaction happened on Oct 31 ’24, when Company’s 10% Owner bought 59,011 for $13.83, making the entire transaction worth $816,017. This insider now owns 1,920,000 shares in total.
Sleep Number Corp (SNBR) Latest Financial update
According to the Wall Street analysts, stocks earnings will be around -36.03% 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 0.09. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.18.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -1.81, a number that is poised to hit -0.22 in the next quarter and is forecasted to reach 0.45 in one year’s time.
Technical Analysis of Sleep Number Corp (SNBR)
Sleep Number Corp (NASDAQ: SNBR) saw its 5-day average volume 0.86 million, a positive change from its year-to-date volume of 0.51 million. As of the previous 9 days, the stock’s Stochastic %D was 60.69%. Additionally, its Average True Range was 1.21.
During the past 100 days, Sleep Number Corp’s (SNBR) raw stochastic average was set at 48.02%, which indicates a significant decrease from 49.39% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 63.89% in the past 14 days, which was lower than the 90.16% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $15.59, while its 200-day Moving Average is $13.55. Nevertheless, the first resistance level for the watch stands at $14.74 in the near term. At $15.29, the stock is likely to face the second major resistance level. The third major resistance level sits at $16.38. If the price goes on to break the first support level at $13.10, it is likely to go to the next support level at $12.01. The third support level lies at $11.46 if the price breaches the second support level.
Sleep Number Corp (NASDAQ: SNBR) Key Stats
With a market capitalization of 317.22 million, the company has a total of 22,355K Shares Outstanding. Currently, annual sales are 1,887 M while annual income is -15,290 K. The company’s previous quarter sales were 426,620 K while its latest quarter income was -3,140 K.
