Shares of Select Comfort traded down 0.87% during mid-day trading on Tuesday, hitting $17.13. Select Comfort has a one year low of $16.62 and a one year high of $35.60. The stock’s 50-day moving average is currently $22.89. The company has a market cap of $955.8 million and a P/E ratio of 12.61.
Select Comfort last issued its quarterly earnings data on Thursday, January 24th. The company reported $0.22 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.32 by $0.10. The company had revenue of $220.60 million for the quarter, compared to the consensus estimate of $230.04 million. During the same quarter in the previous year, the company posted $0.27 earnings per share. The company’s revenue for the quarter was up 85.4% on a year-over-year basis. Select Comfort has set its FY13 guidance at $1.65-1.80 EPS. Analysts expect that Select Comfort will post $1.68 EPS for the current fiscal year.
A number of other analysts have also recently weighed in on SCSS. Analysts at Sidoti downgraded shares of Select Comfort from a “buy” rating to a “neutral” rating in a research note to investors on Monday. Separately, analysts at KeyBanc downgraded shares of Select Comfort from a “buy” rating to a “hold” rating in a research note to investors on Wednesday, January 30th. Finally, analysts at KeyBanc downgraded shares of Select Comfort from a “buy” rating to a “hold” rating in a research note to investors on Wednesday, January 30th. They now have a $30.00 price target on the stock.
Six equities research analysts have rated the stock with a buy rating, and four have assigned a hold rating to the company. Select Comfort has a consensus rating of “overweight” and an average price target of $32.25.
Select Comfort Corporation (Select Comfort) is a bed manufacturers and retailers. The Company designs, manufactures, markets and distributes beds and other sleep-related accessory products.
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