Sleep Number (SNBR) Receives Media Sentiment Rating of -0.15

News articles about Sleep Number (NASDAQ:SNBR) have trended somewhat negative recently, Accern Sentiment Analysis reports. The research firm ranks the sentiment of media coverage by monitoring more than 20 million news and blog sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores nearest to one being the most favorable. Sleep Number earned a media sentiment score of -0.15 on Accern’s scale. Accern also gave news coverage about the company an impact score of 45.9684517408436 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the near future.

Several research analysts have recently commented on SNBR shares. Piper Jaffray Companies set a $38.00 price target on Sleep Number and gave the stock a “buy” rating in a research report on Wednesday, October 11th. Bank of America set a $33.00 price target on Sleep Number and gave the stock a “hold” rating in a research report on Wednesday, October 18th. Raymond James Financial raised Sleep Number from a “market perform” rating to an “outperform” rating and set a $35.00 price target for the company in a research report on Monday, October 2nd. Zacks Investment Research lowered Sleep Number from a “hold” rating to a “sell” rating in a research report on Thursday, November 2nd. Finally, KeyCorp reissued a “hold” rating on shares of Sleep Number in a research report on Friday, September 29th. Two analysts have rated the stock with a sell rating, five have assigned a hold rating and three have given a buy rating to the company’s stock. The stock presently has an average rating of “Hold” and a consensus price target of $30.67.

Sleep Number (NASDAQ SNBR) opened at $37.87 on Friday. The company has a market capitalization of $1,510.00, a price-to-earnings ratio of 26.86, a PEG ratio of 1.22 and a beta of 0.60. Sleep Number has a 1 year low of $18.89 and a 1 year high of $38.85.

Sleep Number (NASDAQ:SNBR) last released its quarterly earnings results on Tuesday, October 17th. The company reported $0.62 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.68 by ($0.06). Sleep Number had a return on equity of 51.12% and a net margin of 4.34%. The company had revenue of $402.64 million during the quarter, compared to the consensus estimate of $413.89 million. During the same period in the previous year, the firm posted $0.56 earnings per share. The company’s revenue was up 9.1% on a year-over-year basis. equities analysts anticipate that Sleep Number will post 1.37 EPS for the current year.

In related news, Director Michael A. Peel sold 3,000 shares of the company’s stock in a transaction dated Monday, October 23rd. The stock was sold at an average price of $33.80, for a total transaction of $101,400.00. Following the transaction, the director now directly owns 80,412 shares of the company’s stock, valued at approximately $2,717,925.60. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, SVP Mark A. Kimball sold 8,000 shares of the company’s stock in a transaction dated Wednesday, November 1st. The shares were sold at an average price of $32.69, for a total value of $261,520.00. The disclosure for this sale can be found here. Insiders have sold a total of 36,560 shares of company stock worth $1,274,574 over the last ninety days. 4.00% of the stock is currently owned by corporate insiders.

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Sleep Number Company Profile

Sleep Number Corporation, formerly Select Comfort Corporation, is a designer, manufacturer, marketer, retailer and servicer of a line of Sleep Number beds. The Company offers consumers individualized sleep solutions and services, which include a complete line of Sleep Number beds, bases and bedding accessories.

Insider Buying and Selling by Quarter for Sleep Number (NASDAQ:SNBR)

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