Select Comfort Corporation (NASDAQ:SCSS) Given Media Impact Score of 0.19
News articles about Select Comfort Corporation (NASDAQ:SCSS) have trended somewhat positive recently, according to Accern Sentiment Analysis. The research firm identifies negative and positive press coverage by reviewing more than twenty million news and blog sources. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. Select Comfort Corporation earned a media sentiment score of 0.19 on Accern’s scale. Accern also assigned media coverage about the company an impact score of 46.0788719423374 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the near future.
These are some of the news headlines that may have effected Accern Sentiment’s scoring:
- Select Comfort Corp. breached its 50 day moving average in a Bearish Manner : SCSS-US : October 13, 2017 (finance.yahoo.com)
- Select Comfort Corporation (SCSS) Given a $38.00 Price Target by Piper Jaffray Companies Analysts (americanbankingnews.com)
- Earnings Season Ramps Up With Blue Chips, Netflix Reporting (schaeffersresearch.com)
- Notable Thursday Option Activity: OLED, REVG, SCSS (nasdaq.com)
- Is a Beat in Store for Select Comfort (SCSS) in Q3 Earnings? (zacks.com)
Several analysts recently commented on the company. Bank of America Corporation upgraded Select Comfort Corporation from an “underperform” rating to a “neutral” rating and increased their target price for the stock from $21.50 to $35.00 in a report on Wednesday, July 19th. Zacks Investment Research upgraded Select Comfort Corporation from a “sell” rating to a “hold” rating in a report on Thursday, July 20th. Raymond James Financial, Inc. upgraded Select Comfort Corporation from a “market perform” rating to an “outperform” rating and set a $35.00 price objective for the company in a report on Monday, October 2nd. KeyCorp restated a “hold” rating on shares of Select Comfort Corporation in a report on Friday, September 29th. Finally, Piper Jaffray Companies restated a “buy” rating and issued a $38.00 price objective on shares of Select Comfort Corporation in a report on Wednesday, July 19th. One analyst has rated the stock with a sell rating, six have given a hold rating and four have assigned a buy rating to the company. The company currently has a consensus rating of “Hold” and an average price target of $31.00.
Shares of Select Comfort Corporation (NASDAQ:SCSS) traded up 0.66% during midday trading on Friday, reaching $30.63. 639,484 shares of the company’s stock traded hands. The stock has a 50-day moving average price of $30.22 and a 200 day moving average price of $30.48. The firm has a market cap of $1.26 billion, a PE ratio of 22.36 and a beta of 0.65. Select Comfort Corporation has a 12 month low of $17.95 and a 12 month high of $36.74.
Select Comfort Corporation (NASDAQ:SCSS) last released its quarterly earnings results on Monday, July 17th. The company reported ($0.02) earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $0.05 by ($0.07). The business had revenue of $284.70 million for the quarter, compared to analysts’ expectations of $300.21 million. Select Comfort Corporation had a net margin of 4.46% and a return on equity of 44.91%. Select Comfort Corporation’s revenue for the quarter was up 2.8% compared to the same quarter last year. During the same period in the previous year, the company earned $0.03 EPS. Equities research analysts predict that Select Comfort Corporation will post $1.39 earnings per share for the current year.
In other news, SVP Joseph Hunter Saklad sold 5,100 shares of the firm’s stock in a transaction dated Friday, August 11th. The shares were sold at an average price of $33.24, for a total value of $169,524.00. Following the sale, the senior vice president now directly owns 39,550 shares in the company, valued at approximately $1,314,642. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Brenda J. Lauderback sold 18,500 shares of the firm’s stock in a transaction dated Thursday, July 20th. The shares were sold at an average price of $32.65, for a total transaction of $604,025.00. Following the completion of the sale, the director now owns 41,790 shares in the company, valued at $1,364,443.50. The disclosure for this sale can be found here. In the last three months, insiders sold 47,600 shares of company stock worth $1,542,589. Insiders own 4.00% of the company’s stock.
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Select Comfort Corporation Company Profile
Select Comfort Corporation is a designer, manufacturer, marketer, retailer and servicer of a line of Sleep Number beds. The Company offers consumers individualized sleep solutions and services, which include a complete line of Sleep Number beds, bases and bedding accessories. Its Sleep Number bed offers SleepIQ technology sensors that work directly with the bed’s DualAir technology to track each individual’s sleep.
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