Is Sleep Number Stock a Good Investment?
Sleep Number Investment Advice | SNBR |
- Examine Sleep Number's financial health by looking at its balance sheet, income statement, and cash flow statement. Analyze key financial ratios, such as Price-to-Earnings (P/E), Price-to-Sales (P/S), and Price-to-Book (P/B), to determine whether the stock is fairly valued or over/undervalued.
- Research Sleep Number's leadership team and their track record. Good management can help Sleep Number navigate difficult times and make strategic decisions that benefit shareholders and increases its net worth.
- Consider the overall health of the Homefurnishing Retail space and any emerging trends that could impact Sleep Number's business and its evolving consumer preferences.
- Compare Sleep Number's performance and market position to its competitors. Analyze how Sleep Number is positioned in terms of product offerings, innovation, and market share.
- Check if Sleep Number pays a dividend and its dividend yield and payout ratio.
- Review what financial analysts are saying about Sleep Number's stock and their price targets. However, remember that analysts' opinions can vary, and their predictions may not always be accurate.
It's important to note that investing in Sleep Number Corp stock, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember that it's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. Below is a detailed guide on how to decide if Sleep Number Corp is a good investment.
Sell | Buy |
Sell
Market Performance | OK | Details | |
Volatility | Somewhat reliable | Details | |
Hype Condition | Under hyped | Details | |
Current Valuation | Overvalued | Details | |
Odds Of Distress | Below Average | Details | |
Economic Sensitivity | Moves indifferently to market moves | Details | |
Investor Sentiment | Interested | Details | |
Analyst Consensus | Hold | Details | |
Financial Strenth (F Score) | Healthy | Details | |
Financial Leverage | Not Rated | Details | |
Reporting Quality (M-Score) | Unlikely Manipulator | Details |
Examine Sleep Number Stock
Researching Sleep Number's stock involves analyzing various aspects of the company and its industry to make an informed investment decision. The key areas to focus on are fundamentals, business model and competitive advantage. It is also important to analyze trends in revenue, net income, and cash flow, as well as key financial ratios, such as price-to-earnings (P/E), price-to-sales (P/S), and debt-to-equity (D/E). About 90.0% of the company shares are owned by institutional investors. The company has Price/Earnings To Growth (PEG) ratio of 1.58. Sleep Number Corp recorded a loss per share of 1.81. The entity had not issued any dividends in recent years. The firm had 3:2 split on the 9th of June 2006.
To determine if Sleep Number is a good investment, evaluating the company's potential for future growth is also very important. This may include expanding into new markets, launching new products or services, or improving operational efficiency. Companies with strong growth prospects can be more attractive investments. This aspect of the research should be conducted in the context of the overall market and industry in which the company operates and should include an analysis of growth potential, competitive landscape, and any regulatory or economic factors that could impact the business. Some of the essential points regarding Sleep Number's research are outlined below:
| Sleep Number Corp appears to be risky and price may revert if volatility continues | |
| Sleep Number Corp has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial obligations | |
| Sleep Number Corp currently holds 972.65 M in liabilities with Debt to Equity (D/E) ratio of 210.5, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Sleep Number Corp has a current ratio of 0.21, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Note, when we think about Sleep Number's use of debt, we should always consider it together with its cash and equity. | |
| The entity reported the previous year's revenue of 1.89 B. Net Loss for the year was (15.29 M) with profit before overhead, payroll, taxes, and interest of 1.02 B. | |
| Sleep Number Corp currently holds about 1.35 M in cash with (9.03 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.06. | |
| Over 90.0% of Sleep Number shares are owned by institutional investors | |
| Latest headline from news.google.com: JPMorgan Chase Co. Acquires 104,482 Shares of Sleep Number Co. - MarketBeat |
Sleep Number Quarterly Liabilities And Stockholders Equity |
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Sleep Number uses earnings reports to provide investors with an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Therefore, it is also crucial when considering investing in Sleep Number Corp. Every quarterly earnings report provides investors with an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to Sleep Number's previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
| 28th of February 2024 Upcoming Quarterly Report | View | |
| 24th of April 2024 Next Financial Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 28th of February 2024 Next Fiscal Year End | View | |
| 30th of September 2023 Last Quarter Report | View | |
| 31st of December 2022 Last Financial Announcement | View |
Earnings surprises can significantly impact Sleep Number's stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate. Below are the table of largest EPS Surprises Sleep Number's investors have experienced.
| Reported | Fiscal Date | Estimated EPS | Reported EPS | Surprise | |||
|---|---|---|---|---|---|---|---|
2008-10-22 | 2008-09-30 | 0.03 | 0.02 | -0.01 | 33 | ||
2004-07-20 | 2004-06-30 | 0.09 | 0.1 | 0.01 | 11 | ||
1999-04-21 | 1999-03-31 | 0.03 | 0.04 | 0.01 | 33 | ||
2016-07-20 | 2016-06-30 | 0.01 | 0.03 | 0.02 | 200 | ||
2015-07-22 | 2015-06-30 | 0.19 | 0.21 | 0.02 | 10 | ||
2014-07-16 | 2014-06-30 | 0.14 | 0.16 | 0.02 | 14 | ||
2008-07-23 | 2008-06-30 | -0.17 | -0.15 | 0.02 | 11 | ||
2006-07-25 | 2006-06-30 | 0.17 | 0.19 | 0.02 | 11 |
Sleep Number Target Price Consensus
Sleep target price is determined by taking all analyst projections and averaging them out. There is no one specific way to measure analysts' performance other than comparing it to past results via a very sophisticated attribution analysis. Sleep Number's target price projections below should be used in combination with other traditional price prediction techniques such as stock price forecasting, investor sentiment analysis, technical analysis, earnings estimate, and various momentum models.
| 5 | Hold |
Most Sleep analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to help potential investors understand Sleep stock's fair price compared to its market value. Analysts arrive at stock ratings after researching the public financial statements of Sleep Number Corp, talking to its executives and customers, or listening to those companies' conference calls.
Macroaxis Advice Exposure ValuationSleep Number Target Price Projection
Sleep Number's current and average target prices are 17.87 and 12.50, respectively. The current price of Sleep Number is the price at which Sleep Number Corp is currently trading. On the other hand, Sleep Number's target price is what analysts think the stock is worth or could sell for in the future. The more significant the discrepancy between the two prices, the more it stimulates investors to act.Current Price
Sleep Number Market Quote on 29th of January 2025
Target Price
Analyst Consensus On Sleep Number Target Price
Sleep Number Analyst Ratings
Sleep Number's analyst stock recommendations are determined by taking an average estimate of all analysts we track and classifying them as Strong Buy, Buy, Hold, Strong Sell, or Sell. Ratings generally communicate what analysts sense about Sleep Number stock, and they use a lot of effort and time to analyze it and arrive at a rating. That suggests that analyst recommendations are the outcome of an objective and thorough examination of Sleep Number's financials, market performance, and future outlook by experienced professionals. Sleep Number's historical ratings below, therefore, can serve as a valuable tool for investors.Know Sleep Number's Top Institutional Investors
Have you ever been surprised when a price of an equity instrument such as Sleep Number is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Sleep Number Corp backward and forwards among themselves. Sleep Number's institutional investor refers to the entity that pools money to purchase Sleep Number's securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
| Shares | Geode Capital Management, Llc | 2024-09-30 | 518 K | State Street Corp | 2024-09-30 | 440.5 K | Pacific Ridge Capital Partners, Llc | 2024-09-30 | 398.2 K | Dimensional Fund Advisors, Inc. | 2024-09-30 | 384.1 K | Formula Growth Ltd | 2024-09-30 | 368.2 K | Blue Grotto Capital Llc | 2024-09-30 | 352.8 K | Sw Investment Management Llc | 2024-09-30 | 350 K | Arrowstreet Capital Limited Partnership | 2024-09-30 | 325.2 K | Morgan Stanley - Brokerage Accounts | 2024-09-30 | 309.4 K | Stadium Capital Management Llc | 2 M | Blackrock Inc | 2024-09-30 | 1.7 M |
Sleep Number's market capitalization trends
The company currently falls under 'Small-Cap' category with a current market capitalization of 399.77 M.Market Cap |
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Sleep Number's profitablity analysis
| Last Reported | Projected for Next Year | ||
| Return On Tangible Assets | 0.04 | 0.06 | |
| Return On Capital Employed | 2.53 | 2.66 | |
| Return On Assets | 0.03 | 0.06 | |
| Return On Equity | (0.08) | (0.07) |
Determining Sleep Number's profitability involves analyzing its financial statements and using various financial metrics to determine if Sleep Number is a good buy. For example, gross profit margin measures Sleep Number's profitability after accounting for the cost of goods sold, while net profit margin measures profitability after accounting for all expenses. Other important metrics include return on assets, return on equity, and free cash flow. By reviewing multiple sources and metrics, you can gain a complete picture of Sleep Number's profitability and make more informed investment decisions.
Evaluate Sleep Number's management efficiency
Sleep Number Corp has return on total asset (ROA) of 0.021 % which means that it generated a profit of $0.021 on every $100 spent on assets. This is way below average. Sleep Number's management efficiency ratios could be used to measure how well Sleep Number manages its routine affairs as well as how well it operates its assets and liabilities. At this time, Sleep Number's Return On Tangible Assets are relatively stable compared to the past year. As of 01/29/2025, Return On Capital Employed is likely to grow to 2.66, though Return On Equity is likely to grow to (0.07). At this time, Sleep Number's Return On Assets are relatively stable compared to the past year. As of 01/29/2025, Asset Turnover is likely to grow to 3.34, though Other Assets are likely to grow to (151.6 M).| Last Reported | Projected for Next Year | ||
| Book Value Per Share | (22.50) | (21.37) | |
| Tangible Book Value Per Share | (25.99) | (24.70) | |
| Enterprise Value Over EBITDA | 9.82 | 10.31 | |
| Price Book Value Ratio | (1.53) | (1.45) | |
| Enterprise Value Multiple | 9.82 | 10.31 | |
| Price Fair Value | (1.53) | (1.45) | |
| Enterprise Value | 951.2 M | 628.3 M |
Sleep Number's management has consistently demonstrated strong leadership, driving both financial growth and operational excellence. By analyzing current market trends and future growth opportunities, we assess the stock's true value and potential for investors.
Beta 2.084 |
Basic technical analysis of Sleep Stock
As of the 29th of January, Sleep Number has the Semi Deviation of 3.35, risk adjusted performance of 0.0902, and Coefficient Of Variation of 1023.86. In relation to fundamental indicators, the technical analysis model makes it possible for you to check existing technical drivers of Sleep Number Corp, as well as the relationship between them. Please validate Sleep Number Corp information ratio, as well as the relationship between the potential upside and kurtosis to decide if Sleep Number is priced more or less accurately, providing market reflects its prevalent price of 17.87 per share. Given that Sleep Number Corp has jensen alpha of 0.3226, we advise you to double-check Sleep Number Corp's current market performance to make sure the company can sustain itself at a future point.Sleep Number's insider trading activities
Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific Sleep Number insiders, such as employees or executives, is commonly permitted as long as it does not rely on Sleep Number's material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases Sleep Number insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.
Sleep Number's Outstanding Corporate Bonds
Sleep Number issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. Sleep Number Corp uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most Sleep bonds can be classified according to their maturity, which is the date when Sleep Number Corp has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.
Understand Sleep Number's technical and predictive indicators
Using predictive indicators to make investment decisions involves analyzing Sleep Number's various financial and market-based factors to help forecast future trends and identify investment opportunities. Select the indicators that are most relevant to your investment strategy. Each indicator has its own strengths and weaknesses, so it's essential to combine multiple indicators to get a more comprehensive view of the market and reduce the risk of making poor decisions based on limited data.
| Risk Adjusted Performance | 0.0902 | |||
| Market Risk Adjusted Performance | 0.2772 | |||
| Mean Deviation | 3.39 | |||
| Semi Deviation | 3.35 | |||
| Downside Deviation | 3.61 | |||
| Coefficient Of Variation | 1023.86 | |||
| Standard Deviation | 4.69 | |||
| Variance | 22.01 | |||
| Information Ratio | 0.0796 | |||
| Jensen Alpha | 0.3226 | |||
| Total Risk Alpha | 0.0294 | |||
| Sortino Ratio | 0.1034 | |||
| Treynor Ratio | 0.2672 | |||
| Maximum Drawdown | 25.55 | |||
| Value At Risk | (6.66) | |||
| Potential Upside | 8.6 | |||
| Downside Variance | 13.04 | |||
| Semi Variance | 11.21 | |||
| Expected Short fall | (4.17) | |||
| Skewness | 1.04 | |||
| Kurtosis | 2.8 |
| Risk Adjusted Performance | 0.0902 | |||
| Market Risk Adjusted Performance | 0.2772 | |||
| Mean Deviation | 3.39 | |||
| Semi Deviation | 3.35 | |||
| Downside Deviation | 3.61 | |||
| Coefficient Of Variation | 1023.86 | |||
| Standard Deviation | 4.69 | |||
| Variance | 22.01 | |||
| Information Ratio | 0.0796 | |||
| Jensen Alpha | 0.3226 | |||
| Total Risk Alpha | 0.0294 | |||
| Sortino Ratio | 0.1034 | |||
| Treynor Ratio | 0.2672 | |||
| Maximum Drawdown | 25.55 | |||
| Value At Risk | (6.66) | |||
| Potential Upside | 8.6 | |||
| Downside Variance | 13.04 | |||
| Semi Variance | 11.21 | |||
| Expected Short fall | (4.17) | |||
| Skewness | 1.04 | |||
| Kurtosis | 2.8 |
Consider Sleep Number's intraday indicators
Sleep Number intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Sleep Number stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.
| Accumulation Distribution | 7074.27 | |||
| Daily Balance Of Power | (0.46) | |||
| Rate Of Daily Change | 0.98 | |||
| Day Median Price | 18.0 | |||
| Day Typical Price | 17.95 | |||
| Price Action Indicator | (0.29) | |||
| Period Momentum Indicator | (0.33) |
Sleep Number Corporate Filings
| 19th of December 2024 Other Reports | ViewVerify | |
F4 | 12th of December 2024 The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities | ViewVerify |
F3 | 4th of December 2024 The report used by insiders such as officers, directors, and major shareholders (beneficial owners holding more than 10% of any class of the company's equity securities) to declare their ownership of a company's stock | ViewVerify |
F3 | 25th of November 2024 An amendment to the original Schedule 13D filing | ViewVerify |
Sleep Stock media impact
Far too much social signal, news, headlines, and media speculation about Sleep Number that are available to investors today. That information is available publicly through Sleep media outlets and privately through word of mouth or via Sleep internal channels. However, regardless of the origin, that massive amount of Sleep data is challenging to quantify into actionable patterns, especially for investors that are not very sophisticated with ever-evolving tools and techniques used in the investment management field.
A primary focus of Sleep Number news analysis is to determine if its current price reflects all relevant headlines and social signals impacting the current market conditions. A news analyst typically looks at the history of Sleep Number relative headlines and hype rather than examining external drivers such as technical or fundamental data. It is believed that price action tends to repeat itself due to investors' collective, patterned thinking related to Sleep Number's headlines and news coverage data. This data is often completely overlooked or insufficiently analyzed for actionable insights to drive Sleep Number alpha.
Sleep Number Sentiment by Major News Outlets
Investor sentiment, mood or attitude towards Sleep Number can have a significant impact on its stock price or the market as a whole. This sentiment can be positive or negative, and various factors, such as economic indicators, news events, or market trends, can influence it. When investor sentiment is positive, investors are more likely to buy stocks, increasing demand and increasing the stock price. Positive investor sentiment can be driven by good news about the company or the broader market, such as solid earnings reports or positive economic data.
Note that negative investor sentiment can cause investors to sell stocks, leading to a decrease in demand and a drop in the stock price. Negative sentiment can be driven by factors such as poor earnings reports, negative news about the company or industry, or broader economic concerns. It's important to note that investor sentiment is just one of many factors that can affect stock prices. Other factors, such as company performance, industry trends, and global economic conditions, can also play a significant role in determining the value of a stock.
Sleep Number Maximum Pain Price Across March 21st 2025 Option Contracts
Sleep Number's options can also be used to analyze investors' bias and current market sentiment in the context of behavioral finance. For example, Max pain usually refers to a trading concept that asserts that market manipulation can cause the market price of Sleep Number close to the expiration of its current option contract to expire worthlessly. According to most research, about 35% of options are not executed, with roughly 50% traded out before expiration. So, Max pain occurs when market makers reach a net favorable position across all options at a strike price where option holders stand to lose the most money. By contrast, option sellers may reap the most after selling more options than buying, causing them to expire worthlessly. Please continue to view the detailed analysis of Sleep Number's options.
Sleep Number Corporate Executives
Elected by the shareholders, the Sleep Number's board of directors comprises two types of representatives: Sleep Number inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Sleep. The board's role is to monitor Sleep Number's management team and ensure that shareholders' interests are well served. Sleep Number's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Sleep Number's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Francis Lee | Executive CFO | Profile |
Additional Tools for Sleep Stock Analysis
When running Sleep Number's price analysis, check to measure Sleep Number's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Sleep Number is operating at the current time. Most of Sleep Number's value examination focuses on studying past and present price action to predict the probability of Sleep Number's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Sleep Number's price. Additionally, you may evaluate how the addition of Sleep Number to your portfolios can decrease your overall portfolio volatility.