Exceptional negative changes in Sleep Number Corp (NASDAQ: SNBR) investment behavior have recently occurred: the stock’s recent price decline challenged its longer term uptrend, and its shorter term price trend turned down.
Recent notable negative changes in fundamentals have affected Sleep Number Corp (NASDAQ: SNBR): significant quarterly sales deceleration occurred, and significant quarterly earnings deceleration occurred.
The stock is currently unrated.
Current PriceTarget Research Rating
SNBR’s future returns on capital are forecasted to fall short of the cost of capital. Accordingly, the company is expected to be a major Value Eraser.
Sleep Number is currently unrated.
Recent Price Action
Sleep Number Corp (NASDAQ: SNBR) stock closed at $13.75 on 6/12/24 after a modest decline of -1.4%. This decline was accompanied by normal trading volume. The stock has declined -12.6% during the last week and has been extremely weak relative to the market over the last nine months.
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