With 1.56 million shares changed hands, the volume of the stock remained heavier than its average volume of 0.4 million shares. The 52-week range on SNBR shows that it touched its highest point at $20.75 and its lowest point at $6.91 during that stretch. It currently has a 1-year price target of $11.67. Beta for the stock currently stands at 1.99.
Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of SNBR was down-trending over the past week, with a drop of -41.69%, but this was down by -56.37% over a month. Three-month performance dropped to -56.37% while six-month performance fell -48.00%. The stock lost -55.31% in the past year, while it has lost -51.44% so far this year. A look at the trailing 12-month EPS for SNBR yields -0.90 with Next year EPS estimates of 0.16. For the next quarter, that number is 0.00. This implies an EPS growth rate of 55.99% for this year and 139.66% for next year.
Float and Shares Shorts:
At present, 22.39 million SNBR shares are outstanding with a float of 20.98 million shares on hand for trading.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for SNBR since 2 analysts follow the stock currently. There are 0 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 2 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential.
EPS: Estimates vs Actual
It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. Analysts have provided yearly estimates in a range of -$0.83352 being high and -$1.06731 being low. For SNBR, this leads to a yearly average estimate of -$0.925. Based on analyst estimates, the high estimate for the next quarter is -$0.01 and the low estimate is -$0.25. The average estimate for the next quarter is thus -$0.11.
