Sleep Number Corp (NASDAQ: SNBR) is -50.20% lower on its value in year-to-date trading and has touched a low of $4.48 and a high of $20.75 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The SNBR stock was last observed hovering at around $7.40 in the last trading session, with the day’s gains setting it 0.19%.
Currently trading at $7.59, the stock is 30.34% and -8.24% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.3 million and changing 2.57% at the moment leaves the stock -43.31% off its SMA200. SNBR registered -46.66% loss for a year compared to 6-month loss of -45.08%. The firm has a 50-day simple moving average (SMA 50) of $8.2722 and a 200-day simple moving average (SMA200) of $13.389.
The stock witnessed a 17.86% gain in the last 1 month and extending the period to 3 months gives it a -58.30%, and is 27.78% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 9.15% over the week and 12.36% over the month.
Sleep Number Corp (SNBR) has around 3654 employees, a market worth around $171.99M and $1.68B in sales. Fwd P/E is 96.79. Profit margin for the company is -1.21%. Distance from 52-week low is 69.42% and -63.42% from its 52-week high.
with sales reaching $397.95M over the same period.The EPS is expected to grow by 53.01% this year, but quarterly earnings will post -6.59% year-over-year. Quarterly sales are estimated to shrink -15.41% in year-over-year returns.
Sleep Number Corp (SNBR) Top Institutional Holders
171.0 institutions hold shares in Sleep Number Corp (SNBR), with institutional investors hold 96.46% of the company’s shares. The shares outstanding are 22.39M, and float is at 20.44M with Short Float at 11.92%. Institutions hold 88.43% of the Float.
The top institutional shareholder in the company is STADIUM CAPITAL MANAGEMENT LLC with over 1.85 million shares valued at $17.67 million. The investor’s holdings represent 8.164% of the SNBR Shares outstanding. As of 2024-06-30, the second largest holder is BLACKROCK INC. with 1.62 million shares valued at $15.52 million to account for 7.1697 of the shares outstanding. The other top investors are VANGUARD GROUP INC which holds 1.22 million shares representing 5.4032% and valued at over $11.69 million, while D. E. SHAW & CO., INC. holds 4.405 of the shares totaling 1.0 million with a market value of $9.53 million.
Sleep Number Corp (SNBR) Insider Activity
The most recent transaction is an insider purchase by Fazio Gary T, the company’s See Explanation of Responses. SEC filings show that Fazio Gary T bought 12,000 shares of the company’s common stock on Mar 10 ’25 at a price of $7.54 per share for a total of $90480.0. Following the purchase, the insider now owns 71125.0 shares.
Sleep Number Corp disclosed in a document filed with the SEC on Feb 21 ’25 that HOPF PATRICK A (See Explanation of Responses) bought a total of 25,000 shares of the company’s common stock. The trade occurred on Feb 21 ’25 and was made at $14.30 per share for $0.36 million. Following the transaction, the insider now directly holds 75000.0 shares of the SNBR stock.
Still, SEC filings show that on Nov 14 ’24, STADIUM CAPITAL MANAGEMENT LLC (10% Owner) acquired 16,600 shares at an average price of $13.73 for $0.23 million. The insider now directly holds 2,188,460 shares of Sleep Number Corp (SNBR).
