How To Know If Sleep Number Corp (NASDAQ:SNBR) Is Expensive At $14.06.

In last trading session, Sleep Number Corp (NASDAQ:SNBR) saw 0.4 million shares changing hands with its beta currently measuring 2.11. Company’s recent per share price level of $14.06 trading at $0.49 or 3.61% at ring of the bell on the day assigns it a market valuation of $312.69M. That closing price of SNBR’s stock is at a discount of -184.35% from its 52-week high price of $39.98 and is indicating a premium of 35.99% from its 52-week low price of $9.00. Taking a look at company’s average trading volume volume of 584.09K if we extend that period to 3-months.

Sleep Number Corp (NASDAQ:SNBR) trade information

Upright in the green during last session for gaining 3.61%, in the last five days SNBR remained trading in the red while hitting it’s week-highest on Friday, 05/03/24 when the stock touched $14.06 price level, adding 7.86% to its value on the day. Sleep Number Corp’s shares saw a change of -5.19% in year-to-date performance and have moved -0.85% in past 5-day. Sleep Number Corp (NASDAQ:SNBR) showed a performance of -0.57% in past 30-days.

Sleep Number Corp (SNBR) estimates and forecasts

Statistics highlight that Sleep Number Corp is scoring comparatively lower than the scores of other players of the relevant industry. The company lost -9.17% of value to its shares in past 6 months, showing an annual growth rate of -200.00% while that of industry is 6.30. Apart from that, the company came lowering its revenue forecast for fiscal year 2024. This year revenue growth is estimated to fall -5.00% from the last financial year’s standing.

5 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of 419.51M for the same. And 5 analysts are in estimates of company making revenue of 471.69M in the next quarter.

In 2024, company’s earnings growth rate is likely to be around 39.18% while estimates for its earnings growth in next 5 years are of 6.80%.

SNBR Dividends

Sleep Number Corp is more likely to be releasing its next quarterly report in June and investors are confident in the company announcing better current-quarter dividends despite the fact that it has been facing issues arising out of mounting debt.