A new trading day began on Friday, with Sleep Number Corp (NASDAQ: SNBR) stock price up 5.02% from the previous day of trading, before settling in for the closing price of $17.52. SNBR’s price has ranged from $8.13 to $20.75 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 3.26% over the past five years. Meanwhile, its annual earnings per share averaged -36.03%. With a float of $20.97 million, this company’s outstanding shares have now reached $22.37 million.
Let’s look at the performance matrix of the company that is accounted for 4145 employees. In terms of profitability, gross margin is 59.45%, operating margin of 1.65%, 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 6.25%, while institutional ownership is 88.09%. 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
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
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 0.24.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -1.81, a number that is poised to hit -0.23 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 0.21 million, a negative change from its year-to-date volume of 0.25 million. As of the previous 9 days, the stock’s Stochastic %D was 68.35%. Additionally, its Average True Range was 1.14.
During the past 100 days, Sleep Number Corp’s (SNBR) raw stochastic average was set at 75.40%, which indicates a significant decrease from 86.61% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 62.02% in the past 14 days, which was lower than the 72.51% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $17.18, while its 200-day Moving Average is $14.55. Nevertheless, the first resistance level for the watch stands at $18.80 in the near term. At $19.20, the stock is likely to face the second major resistance level. The third major resistance level sits at $19.72. If the price goes on to break the first support level at $17.88, it is likely to go to the next support level at $17.35. The third support level lies at $16.95 if the price breaches the second support level.
Sleep Number Corp (NASDAQ: SNBR) Key Stats
With a market capitalization of 411.61 million, the company has a total of 22,371K 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.
