Sleep Number Corp Stock Performance
| SNBR Stock | USD 14.18 0.05 0.35% |
On a scale of 0 to 100, Sleep Number holds a performance score of 6. The entity has a beta of 3.92, which indicates a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Sleep Number will likely underperform. Please check Sleep Number's potential upside, and the relationship between the total risk alpha and kurtosis , to make a quick decision on whether Sleep Number's existing price patterns will revert.
Risk-Adjusted Performance
6 of 100
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Modest
Compared to the overall equity markets, risk-adjusted returns on investments in Sleep Number Corp are ranked lower than 6 (%) of all global equities and portfolios over the last 90 days. Even with relatively unsteady fundamental drivers, Sleep Number reported solid returns over the last few months and may actually be approaching a breakup point. ...more
Actual Historical Performance (%)
One Day Return (0.35) | Five Day Return 1.72 | Year To Date Return (0.28) | Ten Year Return (23.89) | All Time Return 4.39 |
Last Split Factor 3:2 | Last Split Date 2006-06-09 |
1 | Sleep Number Non-GAAP EPS of -0.58 beats by 0.30, revenue of 430M beats by 9.22M | 02/22/2024 |
2 | Rhumbline Advisers Sells 1479 Shares of Sleep Number Co. - Defense World | 03/07/2024 |
3 | Acquisition by Joel Laing of 3638 shares of Sleep Number subject to Rule 16b-3 | 03/12/2024 |
4 | Acquisition by Macadam Stephen E. of 1694 shares of Sleep Number subject to Rule 16b-3 | 03/13/2024 |
5 | Further weakness as Sleep Number drops 13 percent this week, taking three-year losses to 89 | 03/15/2024 |
6 | Disposition of 818 shares by Andrea Bloomquist of Sleep Number at 13.53 subject to Rule 16b-3 | 03/19/2024 |
7 | Acquisition by Eyler Phillip of 2370 shares of Sleep Number at 20.54 subject to Rule 16b-3 | 03/22/2024 |
8 | Sleep Number Corporation to Announce First Quarter 2024 Results on April 24th | 04/10/2024 |
9 | Sleep Number Reports Q1 Everything You Need To Know Ahead Of Earnings | 04/23/2024 |
10 | Sleep Number Announces First Quarter 2024 Results | 04/24/2024 |
11 | Sleep Number Insiders Placed Bullish Bets Worth US510.1k | 04/25/2024 |
12 | Sleep Number Corporation Q1 2024 Earnings Call Transcript | 04/26/2024 |
| Begin Period Cash Flow | 1.8 M |
Sleep |
Sleep Number Relative Risk vs. Return Landscape
If you would invest 1,110 in Sleep Number Corp on January 30, 2024 and sell it today you would earn a total of 308.00 from holding Sleep Number Corp or generate 27.75% return on investment over 90 days. Sleep Number Corp is currently generating 0.5881% in daily expected returns and assumes 6.6028% risk (volatility on return distribution) over the 90 days horizon. In different words, 58% of stocks are less volatile than Sleep, and 89% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
| Risk |
Sleep Number Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Sleep Number's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Sleep Number Corp, and traders can use it to determine the average amount a Sleep Number's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.0891
| Best Portfolio | Best Equity | |||
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 6.6 actual daily | 58 58% of assets are less volatile |
Expected Return
| 0.59 actual daily | 11 89% of assets have higher returns |
Risk-Adjusted Return
| 0.09 actual daily | 6 94% of assets perform better |
Based on monthly moving average Sleep Number is performing at about 6% 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.
Sleep Number Fundamentals Growth
Sleep Stock prices reflect investors' perceptions of the future prospects and financial health of Sleep Number, and Sleep Number fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Sleep Stock performance.
| Return On Asset | 0.0193 | |||
| Profit Margin | (0.02) % | |||
| Operating Margin | 0.03 % | |||
| Current Valuation | 1.26 B | |||
| Shares Outstanding | 22.33 M | |||
| Price To Earning | 4.54 X | |||
| Price To Sales | 0.15 X | |||
| Revenue | 1.89 B | |||
| Gross Profit | 1.2 B | |||
| EBITDA | 111.07 M | |||
| Net Income | (15.29 M) | |||
| Cash And Equivalents | 1.35 M | |||
| Cash Per Share | 0.06 X | |||
| Total Debt | 972.65 M | |||
| Debt To Equity | 210.50 % | |||
| Current Ratio | 0.21 X | |||
| Book Value Per Share | (19.97) X | |||
| Cash Flow From Operations | (11.04 M) | |||
| Earnings Per Share | (1.52) X | |||
| Market Capitalization | 316.59 M | |||
| Total Asset | 1.09 B | |||
| Retained Earnings | (458.87 M) | |||
| Working Capital | (729.94 M) | |||
| Current Asset | 136.67 M | |||
| Current Liabilities | 314.07 M | |||
About Sleep Number Performance
To evaluate Sleep Number Corp Stock as a possible investment, you need to clearly understand its upside potential, downside risk, and overall future performance outlook. You may be satisfied when Sleep Number generates a 15% return over the last few months, but what if the market is generating 25% over the same period? In this case, it makes sense to compare Sleep Stock's performance with different market indexes, such as the Dow or NASDAQ Composite. These indexes can act as benchmarks that will help you to understand Sleep Number Corp market performance in a much more refined way. The Macroaxis performance score is an integer between 0 and 100 that represents Sleep's market performance from a risk-adjusted return perspective. Generally speaking, the higher the score, the better is overall performance as compared to other investors. The score is normalized against the average investing universe (the best we can interpret from the data available). Within this methodology, scores of individual equity instruments will always be inferior to the scores of portfolios of equities as portfolios typically diversify a lot of unsystematic risks away. The formula to derive the Macroaxis score bases on multiple unequally-weighted factors. For more information, refer to our portfolio performance evaluation section.
Please also refer to our technical analysis and fundamental analysis pages.| Last Reported | Projected for Next Year | ||
| Days Of Inventory On Hand | 41.07 | 32.71 | |
| 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) |
Things to note about Sleep Number Corp performance evaluation
Checking the ongoing alerts about Sleep Number for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Sleep Number Corp help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Sleep Number Corp is way too risky over 90 days horizon | |
| 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 | |
| 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. | |
| 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 1.2 B. | |
| 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. | |
| Over 87.0% of Sleep Number shares are owned by institutional investors | |
| Latest headline from insidermonkey.com: Sleep Number Corporation Q1 2024 Earnings Call Transcript |
- Analyzing Sleep Number's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Sleep Number's stock is overvalued or undervalued compared to its peers.
- Examining Sleep Number's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Sleep Number's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Sleep Number's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Sleep Number's stock. These opinions can provide insight into Sleep Number's potential for growth and whether the stock is currently undervalued or overvalued.
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 Analysis module to research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities.
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.