Sleep Number Corp Stock Today

SNBR Stock  USD 16.03  0.33  2.10%   

Performance

3 of 100

 
Low
 
High
Insignificant

Odds Of Distress

Less than 35

 
100  
 
Zero
Below Average
Sleep Number is selling at 16.03 as of the 29th of March 2024; that is 2.10 percent increase since the beginning of the trading day. The stock's lowest day price was 15.7. Sleep Number has about a 35 percent probability of financial distress in the next few years of operation and did not have a very good performance during the last 90 trading days. Equity ratings for Sleep Number Corp are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 4th of April 2023 and ending today, the 29th of March 2024. Click here to learn more.
Business Domain
Consumer Discretionary Distribution & Retail
IPO Date
4th of December 1998
Category
Consumer Cyclical
Classification
Consumer Discretionary
Sleep Number Corporation, together with its subsidiaries, offers sleep solutions and services in the United States. Sleep Number Corporation was founded in 1987 and is headquartered in Minneapolis, Minnesota. Sleep Number operates under Furnishings, Fixtures Appliances classification in the United States and is traded on NASDAQ Exchange. The company has 22.24 M outstanding shares of which 2.24 M shares are at this time shorted by private and institutional investors with about 3.05 trading days to cover. More on Sleep Number Corp

Moving together with Sleep Stock

  0.75W Wayfair Financial Report 2nd of May 2024 PairCorr

Moving against Sleep Stock

  0.78MELI MercadoLibre Financial Report 1st of May 2024 PairCorr

Sleep Stock Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Sleep Number's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Sleep Number or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
President CEO, DirectorShelly Ibach
Business ConcentrationHomefurnishing Retail, Consumer Discretionary Distribution & Retail, Consumer Discretionary, NASDAQ Composite, Consumer Discretionary, Specialty Retail, Furnishings, Fixtures & Appliances, Consumer Cyclical (View all Sectors)
Average Analyst Recommendation
Analysts covering Sleep Number report their recommendations after researching Sleep Number's financial statements, talking to executives and customers, or listening in on Sleep Number's conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering Sleep Number Corp. The Sleep consensus assessment is calculated by taking the average forecast from all of the analysts covering Sleep Number.
Sleep Number's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Sleep Number's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit.
Financial leverage usually refers to the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Sleep Number's financial leverage. It provides some insight into what part of Sleep Number's total assets is financed by creditors.
By using current balance sheet information, investors can analyze the liability, assets, and equity on Sleep Number's books and decide whether to invest or hold. Statistics such as return on equity (ROE), debt to equity (D/E) help investors determine how Sleep Number deploys its capital and how much of that capital is borrowed.
Liquidity
Sleep Number cash flow analysis is essential to understand how it generates and spends money over a specific period. It can also help you figure out where your money is going and how much cash you have available at a given moment. The company 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. Debt can assist Sleep Number until it has trouble settling it off, either with new capital or with free cash flow. So, Sleep Number's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Sleep Number Corp sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Sleep to invest in growth at high rates of return. When we think about Sleep Number's use of debt, we should always consider it together with cash and equity.

Other Non Cash Items

2.65 Million
Sleep Number Corp (SNBR) is traded on NASDAQ Exchange in USA. It is located in 1001 Third Avenue South, Minneapolis, MN, United States, 55404 and employs 4,054 people. Sleep Number is listed under Homefurnishing Retail category by Fama And French industry classification. The company currently falls under 'Small-Cap' category with a current market capitalization of 356.49 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Sleep Number's market, we take the total number of its shares issued and multiply it by Sleep Number's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Sleep Number Corp conducts business under Specialty Retail sector and is part of Consumer Discretionary industry. The entity has 22.24 M outstanding shares of which 2.24 M shares are at this time shorted by private and institutional investors with about 3.05 trading days to cover. Sleep Number Corp currently holds about 1.35 M in cash with (11.04 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.06.
Check Sleep Number Probability Of Bankruptcy
Ownership Allocation
Sleep Number Corp shows a total of 22.24 Million outstanding shares. The majority of Sleep Number Corp outstanding shares are owned by institutional holders. These institutional investors are usually referred to as non-private investors looking to take positions in Sleep Number to benefit from reduced commissions. Consequently, institutions are subject to a different set of regulations than regular investors in Sleep Number Corp. Please pay attention to any change in the institutional holdings of Sleep Number Corp as this could imply that something significant has changed or is about to change at the company. Please note that no matter how many assets the company owns, if the real value of the company is less than the current market value, you may not be able to make money on it.
Check Sleep Ownership Details

Sleep Stock Price Odds Analysis

In regard to a normal probability distribution, the odds of Sleep Number jumping above the current price in 90 days from now is about 10.84%. The Sleep Number Corp probability density function shows the probability of Sleep Number stock to fall within a particular range of prices over 90 days. Given the investment horizon of 90 days the stock has a beta coefficient of 4.4375. This usually implies as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Sleep Number will likely underperform. Additionally, sleep Number Corp has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming NYSE Composite.
  Odds Below 16.03HorizonTargetOdds Above 16.03
89.11%90 days
 16.03 
10.84%
Based on a normal probability distribution, the odds of Sleep Number to move above the current price in 90 days from now is about 10.84 (This Sleep Number Corp probability density function shows the probability of Sleep Stock to fall within a particular range of prices over 90 days) .

Sleep Stock Institutional Holders

Institutional Holdings refers to the ownership stake in Sleep Number that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Sleep Number's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Sleep Number's value.
InstituionRecorded OnShares
Two Sigma Investments Llc2023-12-31
447.7 K
Sw Investment Management Llc2023-12-31
400 K
Morgan Stanley - Brokerage Accounts2023-12-31
384.6 K
Goldman Sachs Group Inc2023-12-31
343.5 K
Citadel Advisors Llc2023-09-30
318.1 K
Formula Growth Ltd2023-12-31
280.9 K
Voloridge Investment Management, Llc2023-09-30
265.7 K
Partnership Wealth Management Llc2023-12-31
258.7 K
Verition Fund Managegment, Llc2023-12-31
251.6 K
Stadium Capital Management Llc2023-12-31
M
Blackrock Inc2023-12-31
1.7 M
View Sleep Number Diagnostics

Sleep Number Historical Income Statement

Sleep Number Corp Income Statement is one of the three primary financial statements used for reporting Sleep's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Sleep Number Corp revenue and expense. Sleep Number Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At this time, Sleep Number's Depreciation And Amortization is relatively stable compared to the past year. As of 03/29/2024, Interest Expense is likely to grow to about 44.8 M, while Gross Profit is likely to drop slightly above 638.1 M. View More Fundamentals

Sleep Stock Against Markets

Picking the right benchmark for Sleep Number stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Sleep Number stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Sleep Number is critical whether you are bullish or bearish towards Sleep Number Corp at a given time. Please also check how Sleep Number's historical prices are related to one of the top price index indicators.

Be your own money manager

Our tools can tell you how much better you can do entering a position in Sleep Number without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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Sleep Number Corporate Directors

Sleep Number corporate directors refer to members of a Sleep Number board of directors. The board of directors generally takes responsibility for the Sleep Number's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of Sleep Number's board members must vote for the resolution. The Sleep Number board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.
Brenda LauderbackIndependent DirectorProfile
Michael HarrisonIndependent DirectorProfile
Vicki OMearaIndependent DirectorProfile
Kathleen NedorostekIndependent DirectorProfile

How to buy Sleep Stock?

Before investing in Sleep Number, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Sleep Number. To buy Sleep Number stock, you can follow these steps:
  • Choose a brokerage firm: You need to select a brokerage firm to buy shares of Sleep Number. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
  • Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
  • Fund your account: You will need to deposit funds into your brokerage account to purchase Sleep Number stock. You can do this by transferring funds from your bank account or other investment accounts.
  • Place your order: Once you have located Sleep Number Corp stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
  • Monitor your investment: After you have purchased Sleep Number Corp stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as Sleep Number Corp, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. 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. For more information on how to buy Sleep Stock please use our How to Invest in Sleep Number guide.

Already Invested in Sleep Number Corp?

The danger of trading Sleep Number Corp is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Sleep Number is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Sleep Number. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Sleep Number Corp is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether Sleep Number Corp is a strong investment it is important to analyze Sleep Number's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Sleep Number's future performance. For an informed investment choice regarding Sleep Stock, refer to the following important reports:
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 Equity Search module to search for actively traded equities including funds and ETFs from over 30 global markets.

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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
(0.68)
Revenue Per Share
84.154
Quarterly Revenue Growth
(0.14)
Return On Assets
0.0254
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.