Sleep Number Corp (SNBR): A Case For Going Higher

After Hours

There is a slight risk associated with trading before and after the market open. Due to lower liquidity and higher volatility, extended-hours trading may result in wider spreads on particular security due to the release of critical financial information after regular trading hours. Recently, Yahoo Finance discussed the stock, revealing that Sleep Number Corporation to Announce Fourth Quarter and Full Year 2023 Results on February 22nd.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

Stocks Info

This NASDAQ-listed company operates within the Furnishings, Fixtures & Appliances industry segment, falling under the Consumer Cyclical sector. At the end of the last regular session, the stock closed at $11.46 and fluctuated between $11.68 as its day high and $11.01 as its day low. The current market capitalization of Sleep Number Corp is $254.76M. A total of 0.6 million shares were traded on the day, compared to an average of 905.01K shares.

Insider trades can also provide insight into a stock’s future direction. During the recent three months, SNBR has seen 0 BUY and 0 SELL insider trades, representing the acquisition of 0 and the disposition of 0 shares. Over the last 12 months, there were 33 BUYs and 18 SELLs from insiders. Insiders purchased 299,463 shares during that period but sold 129,995.

In the most recent transaction, Hellfeld Samuel R sold 1,051 shares of SNBR for 39.10 per share on Feb 28. After the transaction, the EVP Chief Legal & Risk Officer now owns 15,061 company shares. In a previous transaction on Feb 24, LAUDERBACK BRENDA J sold 6,107 shares at 37.01 per share. SNBR shares that Director owns now total 34,966.

Even though price targets are rarely accurate, they do tend to exert some kind of influence from time to time and are often considered important by markets. According to analysts who have offered 12-month price targets for SNBR in the last 3 months, the mean price target is $12.00 with high estimates of $12.00 and low estimates of $12.00. In terms of 52-week highs and lows, SNBR has a high of $40.24 and a low of $9.00.

Balance Sheet Annually/Quarterly

In a balance sheet, you can see what assets and liabilities the company has, as well as how much equity investors have invested. These figures can be used to calculate a company’s financial ratios to give investors a better idea of its prospects. SNBR’s latest balance sheet shows that the firm has $2.39M in Cash & Short Term Investments as of fiscal 2021. There were $791.05M in debt and $906.78M in liabilities at the time. Its Book Value Per Share was -$18.93, while its Total Shareholder’s Equity was -$424.95M.

Analysts Opinion

The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for SNBR is Buy with a score of 3.00.

Most Popular

Related Posts