Mattress Firm Holding Corp. (NASDAQ:MFRM) issued its quarterly earnings data on Wednesday. The company reported $0.55 earnings per share for the quarter, beating the analysts’ consensus estimate of $0.54 by $0.01, Analyst Ratings Network reports. The company had revenue of $326.20 million for the quarter, compared to the consensus estimate of $320.43 million. During the same quarter last year, the company posted $0.47 earnings per share. Mattress Firm Holding Corp.’s revenue was up 17.6% compared to the same quarter last year.
Shares of Mattress Firm Holding Corp. (NASDAQ:MFRM) traded down 4.76% on Wednesday, hitting $34.24. The stock had a trading volume of 880,492 shares. Mattress Firm Holding Corp. has a 1-year low of $22.62 and a 1-year high of $46.85. The stock’s 50-day moving average is $33.91 and its 200-day moving average is $37.40. The company has a market cap of $1.160 billion and a price-to-earnings ratio of 26.41.
MFRM has been the subject of a number of recent research reports. Analysts at Longbow Research initiated coverage on shares of Mattress Firm Holding Corp. in a research note to investors on Thursday, November 14th. They set a “neutral” rating on the stock. On a related note, analysts at Zacks downgraded shares of Mattress Firm Holding Corp. from a “neutral” rating to an “underperform” rating in a research note to investors on Tuesday, September 10th. They now have a $29.30 price target on the stock. Finally, analysts at Wedbush cut their price target on shares of Mattress Firm Holding Corp. from $45.00 to $40.00 in a research note to investors on Monday, September 9th. They now have an “outperform” rating on the stock. One analyst has rated the stock with a sell rating, four have assigned a hold rating and three have assigned a buy rating to the stock. The stock presently has an average rating of “Hold” and a consensus price target of $41.81.
Mattress Firm Holding Corp. (NASDAQ:MFRM) is a specialty retailer of mattresses and related products and accessories in the United States.
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