Research analysts at Raymond James set a $30.00 target price on shares of Select Comfort Corp. (NASDAQ:SCSS) stock in a report released on Thursday, AnalystRatingsNetwork reports. The firm currently has a an “outperform” rating on the stock. Raymond James’ price target would suggest a potential upside of 12.95% from the company’s current price.
Other equities research analysts have also recently issued reports about the stock. Analysts at Wedbush set a $30.00 price target on shares of Select Comfort Corp. in a research note to investors on Thursday, July 11th. They now have an “outperform” rating on the stock. Separately, analysts at Piper Jaffray Cos. reiterated an “overweight” rating on shares of Select Comfort Corp. in a research note to investors on Tuesday, July 2nd. They now have a $31.00 price target on the stock, up previously from $28.00. Finally, analysts at Ned Davis Research upgraded shares of Select Comfort Corp. from a “neutral” rating to a “buy” rating in a research note to investors on Monday, July 1st.
Six investment analysts have rated the stock with a hold rating and five have assigned a buy rating to the stock. The stock has a consensus rating of “Hold” and an average target price of $27.00.
Shares of Select Comfort Corp. (NASDAQ: SCSS) traded down 9.07% during mid-day trading on Thursday, hitting $24.15. Select Comfort Corp. has a 52 week low of $16.62 and a 52 week high of $34.38. The stock’s 50-day moving average is currently $24.45. The company has a market cap of $1.344 billion and a P/E ratio of 18.98.
Select Comfort Corp. (NASDAQ:SCSS) last posted its quarterly earnings results on Wednesday, July 17th. The company reported $0.18 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.24 by $0.06. The company had revenue of $207.40 million for the quarter, compared to the consensus estimate of $210.76 million. During the same quarter in the prior year, the company posted $0.30 earnings per share. The company’s quarterly revenue was up 1.1% on a year-over-year basis. On average, analysts predict that Select Comfort Corp. will post $1.37 earnings per share for the current fiscal year.
Select Comfort Corporation (NASDAQ: SCSS) is a bed manufacturer and retailer.
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