Sleep Number Corp Stock Price on February 22, 2024
| SNBR Stock | USD 14.06 0.49 3.61% |
Below is the normalized historical share price chart for Sleep Number Corp extending back to December 04, 1998. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Sleep Number stands at 14.06, as last reported on the 5th of May, with the highest price reaching 15.26 and the lowest price hitting 13.99 during the day.
If you're considering investing in Sleep Stock, it is important to understand the factors that can impact its price. Sleep Number appears to be somewhat reliable, given 3 months investment horizon. Sleep Number Corp owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.13, which indicates the firm had a 0.13% return per unit of risk over the last 3 months. By inspecting Sleep Number's technical indicators, you can evaluate if the expected return of 0.81% is justified by implied risk. Please review Sleep Number's Risk Adjusted Performance of 0.0739, coefficient of variation of 972.35, and Semi Deviation of 4.44 to confirm if our risk estimates are consistent with your expectations.
At this time, Sleep Number's Common Stock Shares Outstanding is relatively stable compared to the past year. As of 05/05/2024, Liabilities And Stockholders Equity is likely to grow to about 1.1 B, while Other Stockholder Equity is likely to drop slightly above 15.9 M. . As of 05/05/2024, Price To Sales Ratio is likely to drop to 0.24. In addition to that, Price Earnings Ratio is likely to drop to 10.42. Sleep Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 4th of December 1998 | 200 Day MA 17.655 | 50 Day MA 14.468 | Beta 2.021 |
Sleep |
Sharpe Ratio = 0.1262
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Estimated Market Risk
| 6.44 actual daily | 57 57% of assets are less volatile |
Expected Return
| 0.81 actual daily | 16 84% of assets have higher returns |
Risk-Adjusted Return
| 0.13 actual daily | 9 91% of assets perform better |
Based on monthly moving average Sleep Number is performing at about 9% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Sleep Number by adding it to a well-diversified portfolio.
Enterprise Value Ebitda 12.9885 | Price Sales 0.1533 | Shares Float 19.3 M | Wall Street Target Price 13.17 | Earnings Share (1.52) |
Sleep Number Valuation on February 22, 2024
It is possible to determine the worth of Sleep Number on a given historical date. On February 22, 2024 Sleep was worth 11.6 at the beginning of the trading date compared to the closed value of 11.05. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Sleep Number stock. Still, in general, we apply an absolute valuation method to find Sleep Number's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Sleep Number where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Sleep Number's related companies.
| Open | High | Low | Close | Volume | |
| 11.40 | 11.68 | 11.01 | 11.46 | 604,605 | |
02/22/2024 | 11.60 | 11.83 | 10.96 | 11.05 | 673,156 |
| 13.75 | 15.85 | 13.41 | 14.70 | 2,758,004 |
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Sleep Number Trading Date Momentum on February 22, 2024
| On February 23 2024 Sleep Number Corp was traded for 14.70 at the closing time. The top price for the day was 15.85 and the lowest listed price was 13.41 . The trading volume for the day was 2.8 M. The trading history from February 23, 2024 was a factor to the next trading day price gain. The trading price change against the next closing price was 33.03% . The trading price change against the current closing price is 42.99% . |
Sleep Number Corp Fundamentals Correlations and Trends
By evaluating Sleep Number's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Sleep Number's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Sleep financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Sleep Number Stock history
Sleep Number investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Sleep is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Sleep Number Corp will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Sleep Number stock prices may prove useful in developing a viable investing in Sleep Number
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 22.4 M | 35.6 M | |
| Net Income Applicable To Common Shares | 42.1 M | 65.8 M |
Sleep Number Stock Technical Analysis
Sleep Number technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
Price Boundaries
Sleep Number Period Price Range
Low | February 22, 2024
| High |
11.60 | 11.05 |
Sleep Number May 5, 2024 Market Strength
Market strength indicators help investors to evaluate how Sleep Number stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Sleep Number shares will generate the highest return on investment. By undertsting and applying Sleep Number stock market strength indicators, traders can identify Sleep Number Corp entry and exit signals to maximize returns
Sleep Number Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Sleep Number's price direction in advance. Along with the technical and fundamental analysis of Sleep Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Sleep to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | 0.0739 | |||
| Jensen Alpha | 0.4057 | |||
| Total Risk Alpha | (0.06) | |||
| Sortino Ratio | 0.119 | |||
| Treynor Ratio | 0.1845 |
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Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Sleep Number Corp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of labor statistics. Note that the Sleep Number Corp information on this page should be used as a complementary analysis to other Sleep Number's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Competition Analyzer module to analyze and compare many basic indicators for a group of related or unrelated entities.
Complementary 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.
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Is Sleep Number's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Sleep Number. If investors know Sleep will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Sleep Number listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.98) | Earnings Share (1.52) | Revenue Per Share 81.463 | Quarterly Revenue Growth (0.11) | Return On Assets 0.0193 |
The market value of Sleep Number Corp is measured differently than its book value, which is the value of Sleep that is recorded on the company's balance sheet. Investors also form their own opinion of Sleep Number's value that differs from its market value or its book value, called intrinsic value, which is Sleep Number's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Sleep Number's market value can be influenced by many factors that don't directly affect Sleep Number's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Sleep Number's value and its price as these two are different measures arrived at by different means. Investors typically determine if Sleep Number is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Sleep Number's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.