Alert: Negative Investment/Fundamental Signals (11/22/23)-Sleep Number Corp (NASDAQ: SNBR)

out_logo_500#28401.jpg

Sleep Number Corp (NASDAQ: SNBR). Extremely important negative changes in investment behavior have recently occurred: negative upside/downside volume developed, and the stock fell on very heavy volume.

Sleep Number Corp (NASDAQ: SNBR). Significant negative changes in fundamentals have recently occurred. Negative developments: significant quarterly sales deceleration occurred, the consensus estimate for December, 2023 decreased significantly, and the consensus estimate for December, 2024 decreased significantly. Positive development: significant quarterly earnings acceleration occurred.

The stock is currently unrated.

out_mm#28401.jpg

Current PriceTarget Research Rating

Reflecting future returns on capital that are forecasted to fall short of the cost of capital, SNBR is expected to be a major Value Eraser.

Sleep Number is currently unrated.

Recent Price Action

Sleep Number Corp (NASDAQ: SNBR) stock suffered a very large decline of -9.1% on 11/22/23. The shares closed at $10.18. The stock has declined -10.2% during the last week and has been extremely weak relative to the market over the last nine months.

Be the first to comment

Leave a Reply

Your email address will not be published.


*