Published: Sat, April 22, 2017
Markets | By Terence Owen

Select Comfort Corporation (NASDAQ:SCSS) Soars 15.19% in Early Trade

Select Comfort Corporation (NASDAQ:SCSS) Soars 15.19% in Early Trade

The share of Select Comfort Corporation (SCSS) now has a value of $33.18 while the company's 52 week low is at $17.95, the shares dropped to the 52 week low on 10/20/16. Municipal Employees Retirement System of MI now owns 10,360 shares of the company's stock worth $224,000 after buying an additional 180 shares in the last quarter. Mutual of America Capital Management LLC increased its stake in Select Comfort Corp.by 8.2% in the third quarter. Aperio Group LLC now owns 11,578 shares of the company's stock worth $250,000 after buying an additional 138 shares in the last quarter.

David and Tom just revealed what they believe are the 10 best stocks for investors to buy right now. and Select Comfort wasn't one of them! About 8.33M shares traded or 947.64% up from the average.

Select Comfort Corp. has a 12-month low of $17.95 and a 12-month high of $33.29. (NASDAQ:SCSS) traded down 3.481% during midday trading on Friday, reaching $32.025. These holdings make up 98.66% of the company's outstanding shares.

Beta is also an important valuation ratio for analyzing the stock of the company, SCSS has Beta of 0.57 while its industry and Sector's beta remains at 0.51 and 1.31 respectively.

Select Comfort Corporation (SCSS)'s distance from 200 day simple moving average is 44.02 percent, its distance from 50 day simple moving average is 39.57 percent, while its distance from 20 day simple moving average is 34.5 percent.

Select Comfort Corp. had a net margin of 3.92% and a return on equity of 29.47%. (NASDAQ:SCSS) to report earnings on April, 27.

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Earnings per share (EPS) breaks down the profitability of the company on a single share basis, and for Select Comfort Corporation the EPS stands at 0.25 for the previous quarter, while the analysts predicted the EPS of the stock to be 0.32, suggesting the stock fell short of the analysts' expectations. The average estimate of six analysts surveyed by Zacks Investment Research was for earnings of 46 cents per share. The analysts estimated EPS for the higher end at 0.07 and lower end at 0 while the year ago reported earnings per share was 0.24.

Stock market analysts and brokers have recently amended their target prices on shares of Select Comfort Corporation (NASDAQ:SCSS). Pinebridge Invests Lp holds 0% in Select Comfort Corp. They now have a United States dollars 20 price target on the stock. If you are reading this news story on another domain, it was copied illegally and republished in violation of U.S. and worldwide copyright law. Now the P/E of Select Comfort Corporation (SCSS) stands at 30.16. Raymond James Financial, Inc. lowered Select Comfort Corp. from a "strong-buy" rating to a "market perform" rating in a research report on Tuesday. Finally, Wedbush restated a "neutral" rating and set a $20.00 price objective (down previously from $22.00) on shares of Select Comfort Corp.in a research report on Thursday, February 9th. BMO Capital Markets downgraded Harte Hanks Inc (NYSE:HHS) on Monday, March 14 to "Market Perform" rating. The consensus recommendation by Thomson Reuters analysts is Hold and their mean rating for the stock is 3.47 on scale of 1-5.

Basically, a price target is an individual analyst's projection on the future price of a stock.

In related news, Director Brenda J. Lauderback sold 8,500 shares of the company's stock in a transaction that occurred on Thursday, February 16th.

Another critical number in evaluating a stock is P/E or Price to Earnings ratio. The transaction was disclosed in a filing with the SEC, which is available through this link. While the company's share hit the 52 week high on 04/20/17 stationing the value of $28.34.

Select Comfort Corporation is a designer, manufacturer, marketer, retailer and servicer of a line of Sleep Number beds.

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