Recent exceptional negative changes in investment behavior have affected Sleep Number Corp (NASDAQ: SNBR): negative upside/downside volume developed, and the stock fell on very heavy volume.
Sleep Number Corp (NASDAQ: SNBR) suffers from notable negative changes in fundamentals: 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 declined modestly by -1.2% on 7/12/24. The stock closed at $9.33. Moreover, exceptionally high trading volume at 233% of normal accompanied the decline. The stock has been weak relative to the market over the last nine months but is unchanged during the last week.
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