Sleep Number Corp (SNBR) is -2.13% away from 50-day simple Moving Average despite all headwinds

On Monday, Sleep Number Corp (NASDAQ: SNBR) was 18.90% up from the session before settling in for the closing price of $12.49. A 52-week range for SNBR has been $8.13 – $20.75.

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A company in the Consumer Cyclical sector has jumped its sales by 4.79% annually for the last half of the decade. When this article was written, the company’s average yearly earnings per share was at -36.03%. With a float of $20.80 million, this company’s outstanding shares have now reached $22.23 million.

In an organization with 4145 employees, it is important to assess its efficiency. In terms of profitability, gross margin is 59.45%, operating margin of 1.65%, and the pretax margin is -2.81%.

Sleep Number Corp (SNBR) Insider and Institutional Ownership

Also, it is sometimes useful to examine the sentiment of large-scale investors toward Sleep Number Corp stocks. The insider ownership of Sleep Number Corp is 7.04%, while institutional ownership is 87.02%. The most recent insider transaction that took place on Nov 14 ’24, was worth 227,911. In this transaction 10% Owner of this company bought 16,600 shares at a rate of $13.73, taking the stock ownership to the 2,188,460 shares. Before that another transaction happened on Nov 18 ’24, when Company’s 10% Owner bought 15,000 for $12.12, making the entire transaction worth $181,851. This insider now owns 2,215,000 shares in total.

Sleep Number Corp (SNBR) Latest Financial update

Going through the last 3-months fiscal report unveiled on the 9/30/2024, it has been observed that the corporation posted -1.12 earnings per share (EPS) during the time that was less than consensus figure (set at -0.88) by -0.24. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.33 per share during the current fiscal year.

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

You can see what Sleep Number Corp (SNBR) is doing with its current performance indicators. In the most recent quarter, the stock posted a quick ratio of 0.09. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.19.

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)

Let’s dig in a bit further. During the last 5-days, its volume was 0.47 million. That was inferior than the volume of 0.51 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 47.82%. Additionally, its Average True Range was 1.23.

During the past 100 days, Sleep Number Corp’s (SNBR) raw stochastic average was set at 53.25%, which indicates a significant decrease from 65.04% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 102.17% in the past 14 days, which was higher than the 93.93% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $15.17, while its 200-day Moving Average is $13.77. However, in the short run, Sleep Number Corp’s stock first resistance to watch stands at $15.89. Second resistance stands at $16.94. The third major resistance level sits at $18.56. If the price goes on to break the first support level at $13.22, it is likely to go to the next support level at $11.60. The third support level lies at $10.55 if the price breaches the second support level.

Sleep Number Corp (NASDAQ: SNBR) Key Stats

There are 22,371K outstanding shares of the company, which has a market capitalization of 335.97 million. As of now, sales total 1,887 M while income totals -15,290 K. Its latest quarter income was 426,620 K while its last quarter net income were -3,140 K.