Sleep Number Corp (NASDAQ:SNBR) – Research analysts at KeyCorp issued their Q2 2018 EPS estimates for shares of Sleep Number in a research note issued on Thursday, Zacks Investment Research reports. KeyCorp analyst B. Thomas anticipates that the company will post earnings per share of $0.06 for the quarter. KeyCorp also issued estimates for Sleep Number’s Q3 2018 earnings at $0.90 EPS and FY2019 earnings at $2.45 EPS.
Sleep Number (NASDAQ:SNBR) last announced its earnings results on Thursday, February 15th. The company reported $0.33 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $0.20 by $0.13. The company had revenue of $363.28 million for the quarter, compared to analysts’ expectations of $331.72 million. Sleep Number had a return on equity of 61.21% and a net margin of 4.51%. Sleep Number’s quarterly revenue was up 15.9% on a year-over-year basis. During the same quarter in the previous year, the firm earned $0.25 earnings per share.
Sleep Number (NASDAQ:SNBR) traded down $0.16 during mid-day trading on Monday, reaching $36.48. The company’s stock had a trading volume of 517,334 shares, compared to its average volume of 843,008. Sleep Number has a twelve month low of $23.14 and a twelve month high of $40.72. The stock has a market capitalization of $1,400.00, a PE ratio of 24.32, a P/E/G ratio of 1.01 and a beta of 0.81.
Several hedge funds and other institutional investors have recently modified their holdings of the company. American International Group Inc. lifted its position in shares of Sleep Number by 5.5% during the 3rd quarter. American International Group Inc. now owns 32,550 shares of the company’s stock valued at $1,011,000 after buying an additional 1,692 shares during the last quarter. Strs Ohio lifted its position in shares of Sleep Number by 6.4% during the 3rd quarter. Strs Ohio now owns 31,600 shares of the company’s stock valued at $981,000 after buying an additional 1,900 shares during the last quarter. Edge Advisors LLC lifted its position in shares of Sleep Number by 21.2% during the 3rd quarter. Edge Advisors LLC now owns 14,016 shares of the company’s stock valued at $435,000 after buying an additional 2,455 shares during the last quarter. Meadow Creek Investment Management LLC purchased a new position in shares of Sleep Number during the 4th quarter valued at $109,000. Finally, Zurcher Kantonalbank Zurich Cantonalbank purchased a new position in shares of Sleep Number during the 4th quarter valued at $114,000.
In other news, SVP Mark A. Kimball sold 8,000 shares of the company’s stock in a transaction on Tuesday, January 2nd. The stock was sold at an average price of $38.35, for a total transaction of $306,800.00. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, EVP Andrew P. Carlin sold 3,000 shares of the company’s stock in a transaction on Tuesday, March 6th. The shares were sold at an average price of $37.00, for a total value of $111,000.00. The disclosure for this sale can be found here. Insiders have sold a total of 41,545 shares of company stock worth $1,517,056 in the last ninety days. Insiders own 4.00% of the company’s stock.
About Sleep Number
Sleep Number Corporation, formerly Select Comfort Corporation, is a designer, manufacturer, marketer, retailer and servicer of a line of Sleep Number beds. The Company offers consumers individualized sleep solutions and services, which include a complete line of Sleep Number beds, bases and bedding accessories.
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