Sleep Number Corp

Company Profile

Sleep Number Corp had its IPO on 1998-12-04 under the ticker symbol SNBR.

The company operates in the Consumer Cyclical sector and Fixtures & Appliances industry. Sleep Number Corp has a staff strength of 5,000 employees.

Stock update

Shares of Sleep Number Corp opened at $25.15 at the start of the last trading session i.e. 2023-09-12.

The stocks traded within a range of $24.49 - $26.01, and closed at $25.96.

This is a +3.14% increase from the previous day's closing price.

A total volume of 489,958 shares were traded at the close of the day’s session.

In the last one week, shares of Sleep Number Corp have slipped by -0.65%.

Sleep Number Corp's Key Ratios

Sleep Number Corp has a market cap of $559.13 million, indicating a price to book ratio of 0 and a price to sales ratio of 0.2867.

In the last 12-months Sleep Number Corp’s revenue was $2.02 billion with a gross profit of $1.20 billion and an EBITDA of $121.09 million. The EBITDA ratio measures Sleep Number Corp's overall financial performance and is widely used to measure its profitability.

In the trailing 12-month period, Sleep Number Corp’s operating margin was 2.51% while its return on assets stood at 3.31% with a return of equity of 0%.

In Q2, Sleep Number Corp’s quarterly earnings growth was a negative -98.1% while revenue growth was a negative 16.4%.

Sleep Number Corp’s PE and PEG Ratio

Forward PE

9.8425

Trailing PE

45.7636

PEG

Its diluted EPS in the last 12-months stands at $0.55 per share while it has a forward price to earnings multiple of 9.8425 and a PEG multiple of . A low price to earnings ratio can mean the stock is attractively valued while a high ratio suggests the stock may be overvalued.

The PEG on the other hand provides a broader view compared to the P/E ratio and gives greater insight into Sleep Number Corp’s profitability.

Sleep Number Corp stock is trading at a EV to sales ratio of 0.6977 and a EV to EBITDA ratio of 10.0376. Its price to sales ratio in the trailing 12-months stood at 0.2867.

Sleep Number Corp stock pays annual dividends of $0 per share, indicating a yield of 0% and a payout ratio of 0%.

Balance sheet and cash flow metrics

Total Assets

$965.16 million

Total Liabilities

$921.76 million

Operating Cash Flow

$0

Capital Expenditure

$14.34 million

Dividend Payout Ratio

0%

Sleep Number Corp ended 2024 with $965.16 million in total assets and $0 in total liabilities. Its intangible assets were valued at $965.16 million while shareholder equity stood at $-419141000.00.

Sleep Number Corp ended 2024 with $0 in deferred long-term liabilities, $921.76 million in other current liabilities, 222000.00 in common stock, $-431360000.00 in retained earnings and $64.10 million in goodwill. Its cash balance stood at $1.80 million and cash and short-term investments were $1.80 million. The company’s total short-term debt was $566,239,000 while long-term debt stood at $0.

Sleep Number Corp’s total current assets stands at $208.52 million while long-term investments were $0 and short-term investments were $0. Its net receivables were $24.10 million compared to accounts payable of $152.21 million and inventory worth $121.45 million.

In 2024, Sleep Number Corp's operating cash flow was $0 while its capital expenditure stood at $14.34 million.

Comparatively, Sleep Number Corp paid $0 in dividends in 2024.

Other key metrics

Current Trading Price

$25.96

52-Week High

$45.89

52-Week Low

$17.5

Analyst Target Price

$30.67

Sleep Number Corp stock is currently trading at $25.96 per share. It touched a 52-week high of $45.89 and a 52-week low of $45.89. Analysts tracking the stock have a 12-month average target price of $30.67.

Its 50-day moving average was $28.74 and 200-day moving average was $28.01 The short ratio stood at 3.28 indicating a short percent outstanding of 0%.

Around 498.7% of the company’s stock are held by insiders while 9891.8% are held by institutions.