Today, Select Comfort Corp. (SCSS) Stock Rating Reaffirm by Wedbush

Today, Select Comfort Corp. (SCSS) Stock Rating Reaffirm by Wedbush

Select Comfort Corp. (NASDAQ:SCSS)‘s stock had its “outperform” rating reaffirmed by Wedbush in a report issued on Tuesday. They presently have a $25.00 price target on the stock. Wedbush’s price objective would suggest a potential upside of 2.75% from the stock’s current price.

Several other equities analysts have also weighed in on the stock. Zacks Investment Research raised shares of Select Comfort Corp. from a “sell” rating to a “hold” rating in a research report on Saturday, October 29th. TheStreet upgraded Select Comfort Corp. from a “hold” rating to a “buy” rating in a report on Wednesday, October 19th. Bank of America Corp. downgraded Select Comfort Corp. from a “neutral” rating to an “underperform” rating and set a $16.00 price target on the stock. in a report on Thursday, October 20th. Piper Jaffray Cos. upgraded Select Comfort Corp. from a “neutral” rating to an “overweight” rating and increased their price target for the company from $23.00 to $31.00 in a report on Monday, August 15th. Finally, SunTrust Banks Inc. reiterated a “neutral” rating on shares of Select Comfort Corp. in a report on Wednesday, August 10th. One analyst has rated the stock with a sell rating, four have assigned a hold rating, four have given a buy rating and one has issued a strong buy rating to the company’s stock. The stock presently has an average rating of “Buy” and an average target price of $26.14.

Shares of Select Comfort Corp. (NASDAQ:SCSS) traded up 0.87% during mid-day trading on Tuesday, hitting $24.33. 175,860 shares of the company’s stock were exchanged. Select Comfort Corp. has a 52 week low of $14.28 and a 52 week high of $28.34. The company has a market capitalization of $1.09 billion, a price-to-earnings ratio of 60.98 and a beta of 0.73. The firm has a 50 day moving average price of $20.83 and a 200-day moving average price of $22.95.

Select Comfort Corp. (NASDAQ:SCSS) last issued its quarterly earnings data on Wednesday, October 19th. The company reported $0.56 earnings per share for the quarter, missing the consensus estimate of $0.57 by $0.01. The business had revenue of $368 million for the quarter, compared to the consensus estimate of $391.02 million. Select Comfort Corp. had a net margin of 1.56% and a return on equity of 21.31%. Select Comfort Corp.’s revenue was down 1.6% compared to the same quarter last year. During the same period in the previous year, the business posted $0.62 EPS. On average, equities analysts anticipate that Select Comfort Corp. will post $1.18 EPS for the current year.

Several large investors have recently made changes to their positions in the company. Capstone Asset Management Co. increased its stake in shares of Select Comfort Corp. by 0.3% in the second quarter. Capstone Asset Management Co. now owns 14,563 shares of the company’s stock valued at $311,000 after buying an additional 40 shares during the last quarter. Aperio Group LLC increased its stake in shares of Select Comfort Corp. by 1.2% in the third quarter. Aperio Group LLC now owns 11,578 shares of the company’s stock valued at $250,000 after buying an additional 138 shares during the last quarter. Nisa Investment Advisors LLC increased its stake in shares of Select Comfort Corp. by 1.7% in the second quarter. Nisa Investment Advisors LLC now owns 8,950 shares of the company’s stock valued at $191,000 after buying an additional 150 shares during the last quarter. Municipal Employees Retirement System of Michigan increased its stake in shares of Select Comfort Corp. by 1.8% in the third quarter. Municipal Employees Retirement System of Michigan now owns 10,360 shares of the company’s stock valued at $224,000 after buying an additional 180 shares during the last quarter. Finally, BlackRock Group LTD increased its stake in shares of Select Comfort Corp. by 0.8% in the third quarter. BlackRock Group LTD now owns 69,376 shares of the company’s stock valued at $1,499,000 after buying an additional 533 shares during the last quarter. Institutional investors and hedge funds own 99.15% of the company’s stock.

Select Comfort Corp. Company Profile

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