Sleep Number (NASDAQ:SNBR – Get Free Report) posted its quarterly earnings results on Wednesday. The company reported ($0.18) earnings per share for the quarter, topping analysts’ consensus estimates of ($0.22) by $0.04, Zacks reports.
Sleep Number Stock Performance
SNBR traded up $0.26 during midday trading on Wednesday, reaching $12.89. 712,789 shares of the company were exchanged, compared to its average volume of 290,924. The company has a market cap of $288.36 million, a price-to-earnings ratio of -7.12 and a beta of 2.14. Sleep Number has a one year low of $8.13 and a one year high of $20.75. The company’s fifty day moving average price is $16.19 and its 200 day moving average price is $15.81.
Wall Street Analysts Forecast Growth
Separately, StockNews.com raised Sleep Number from a “hold” rating to a “buy” rating in a research report on Thursday, January 9th.
Sleep Number Company Profile
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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