In the last trading session, 1.16 million shares of the Sleep Number Corp (NASDAQ:SNBR) were traded, and its beta was 2.02. Most recently the company’s share price was $14.60, and it changed around $1.39 or 10.52% from the last close, which brings the market valuation of the company to $324.70M. SNBR currently trades at a discount to its 52-week high of $39.98, offering almost -173.84% off that amount. The share price’s 52-week low was $9.00, which indicates that the current value has risen by an impressive 38.36% since then. We note from Sleep Number Corp’s average daily trading volume that its 3-month average coming to 562.78K.

Sleep Number Corp stock received a consensus recommendation rating of Hold, based on a mean score of 3.00. If we narrow it down even further, the data shows that 2 out of 8 analysts rate the stock as a Sell; another 1 rate it as Overweight. Among the rest, 3 recommended SNBR as a Hold, whereas 2 deemed it a Buy, and 0 rated it as Underweight. Sleep Number Corp is expected to report earnings per share of -$0.22 for the current quarter.

Sleep Number Corp (NASDAQ:SNBR) trade information

Instantly SNBR has showed a green trend with a performance of 10.52% at the end of last trading. The performance over the last five days has remained in the green territory. The company’s shares are currently down -1.55% year-to-date, but still up 13.44% over the last five days. On the other hand, Sleep Number Corp (NASDAQ:SNBR) is 8.07% up in the 30-day period.

The consensus price target as assigned by Wall Street analysts is $40, which translates to bulls needing to increase their stock price by 63.5% from its current value. Analyst projections state that SNBR is forecast to be at a low of $40 and a high of $40.

Sleep Number Corp (SNBR) estimates and forecasts

Sleep Number Corp share prices are performing particularly well not compared to other companies within the same industry. As is evident from the statistics, the company’s shares have fallen -32.75 percent over the past six months and at a -142.86% annual growth rate that is well below the industry average of 6.50%. Moreover, analysts have decided to roll up on their fiscal year 2024 revenue estimates. The rating firms predict that it will loss -143.10% in revenue this quarter, and will report a decrease of -366.70% in the next quarter. The year-over-year growth rate is expected to be -4.40%, down from the previous year.

Consensus estimates provided by 5 financial analysts predict the company will bring in an average of $474.28 million in revenue for the current quarter. 5 analysts expect Sleep Number Corp to make $428 million in revenue for the quarter ending Jun 2024. The company’s sales for the same quarters a year ago were $526.53 million and $458.79 million respectively. Analysts predict that the company’s current quarter sales will drop, forecast at -9.90%. Forecasts for the next quarter put sales growth at -6.70%.

Sleep Number Corp earnings are expected to increase by 57.29% in 2024, but the outlook is positive 6.80% per year for the next five years.

SNBR Dividends

Sleep Number Corp’s next quarterly earnings report is expected to be released in May.