Sleep Number (NASDAQ:SNBR – Get Free Report) released its quarterly earnings results on Wednesday. The company reported ($0.18) earnings per share for the quarter, beating analysts’ consensus estimates of ($0.22) by $0.04, Zacks reports.
Sleep Number Trading Up 2.1 %
NASDAQ SNBR traded up $0.26 during trading on Wednesday, reaching $12.89. 713,591 shares of the company’s stock were exchanged, compared to its average volume of 290,931. Sleep Number has a fifty-two week low of $8.13 and a fifty-two week high of $20.75. The firm has a market capitalization of $288.36 million, a PE ratio of -7.12 and a beta of 2.14. The company’s fifty day simple moving average is $16.19 and its 200-day simple moving average is $15.81.
Wall Street Analyst Weigh In
Separately, StockNews.com upgraded 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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