Sleep Country Canada (TSE:ZZZ – Free Report) had its target price boosted by Royal Bank of Canada from C$30.00 to C$35.00 in a research note published on Tuesday morning, BayStreet.CA reports. They currently have a sector perform rating on the stock.
Other research analysts also recently issued reports about the stock. CIBC reduced their price objective on shares of Sleep Country Canada from C$32.00 to C$28.00 in a research report on Thursday, May 9th. National Bankshares cut shares of Sleep Country Canada from a sector perform rating to a tender rating and set a C$35.00 price target on the stock. in a research report on Tuesday. BMO Capital Markets lowered their price objective on shares of Sleep Country Canada from C$35.00 to C$32.00 in a report on Thursday, May 9th. TD Securities downgraded Sleep Country Canada from a buy rating to a sell rating and upped their target price for the stock from C$33.00 to C$35.00 in a report on Tuesday. Finally, Stifel Nicolaus cut Sleep Country Canada from a buy rating to a hold rating and raised their target price for the company from C$31.00 to C$35.00 in a research note on Tuesday. One analyst has rated the stock with a sell rating, five have issued a hold rating and one has assigned a buy rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of Hold and an average price target of C$33.79.
View Our Latest Research Report on Sleep Country Canada
Sleep Country Canada Stock Up 0.4 %
Sleep Country Canada (TSE:ZZZ – Get Free Report) last issued its quarterly earnings data on Tuesday, May 7th. The company reported C$0.28 earnings per share for the quarter, missing analysts’ consensus estimates of C$0.34 by C($0.06). The business had revenue of C$209.72 million during the quarter, compared to the consensus estimate of C$213.75 million. Sleep Country Canada had a return on equity of 15.69% and a net margin of 7.31%. Sell-side analysts forecast that Sleep Country Canada will post 2.0810167 earnings per share for the current year.
Sleep Country Canada Announces Dividend
The firm also recently announced a quarterly dividend, which was paid on Thursday, May 30th. Stockholders of record on Thursday, May 30th were issued a dividend of $0.237 per share. The ex-dividend date of this dividend was Wednesday, May 22nd. This represents a $0.95 annualized dividend and a dividend yield of 2.71%. Sleep Country Canada’s payout ratio is 47.98%.
Sleep Country Canada Company Profile
Sleep Country Canada Holdings Inc retails mattress, bedding, and specialty sleep products in Canada. It offers sheets, pillows, mattresses, sleep wear, and various sleep accessories, as well as bed frames. The company also provides pillowcases, weighted blankets, mattress protectors, mattress toppers, full and platform beds, pet beds, lifestyle adjustable bases, duvets and duvet covers, pillow protectors, sleep and lounge wear, headboards, and bed frames.
See Also
- Five stocks we like better than Sleep Country Canada
- 3 REITs to Buy and Hold for the Long Term
- 3M Surprises and Rebound Accelerates: It Isn’t Too Late To Get In
- Are Penny Stocks a Good Fit for Your Portfolio?
- Skechers Stock Shows Strength Among Consumer Discretionary Sector
- High Dividend REITs: Are They an Ideal Way to Diversify?
- Tech Stocks Tumble, These Stocks Present Buying Opportunity
Receive News & Ratings for Sleep Country Canada Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Sleep Country Canada and related companies with MarketBeat.com's FREE daily email newsletter.