Sleep Number (NASDAQ:SNBR – Get Free Report) posted its quarterly earnings results on Wednesday. The company reported ($0.18) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.22) by $0.04, Zacks reports.
Sleep Number Price Performance
Shares of SNBR traded up $0.26 during trading hours on Wednesday, reaching $12.89. 713,591 shares of the company’s stock traded hands, compared to its average volume of 290,931. The firm has a market capitalization of $288.36 million, a price-to-earnings ratio of -7.12 and a beta of 2.14. Sleep Number has a twelve month low of $8.13 and a twelve month high of $20.75. The business’s fifty day simple moving average is $16.19 and its two-hundred day simple moving average is $15.81.
Analysts Set New Price Targets
Separately, StockNews.com raised Sleep Number from a “hold” rating to a “buy” rating in a research report on Thursday, January 9th.
About Sleep Number
Sleep Number Corporation, together with its subsidiaries, offers sleep solutions and services in the United States. The company designs, manufactures, markets, retails, and services beds, pillows, sheets, and other bedding products under the Sleep Number name. It also provides smart adjustable bases under the FlextFit brand, and smart beds under the Climate 360 name.
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