Somnigroup International (NYSE:SGI – Get Free Report) issued an update on its FY 2026 earnings guidance on Monday. The company provided earnings per share (EPS) guidance of 2.850-2.950 for the period, compared to the consensus EPS estimate of 3.110.
Analyst Ratings Changes
Several research analysts have recently issued reports on SGI shares. Truist Financial lowered their target price on shares of Somnigroup International from $115.00 to $100.00 and set a “buy” rating for the company in a report on Friday, August 7th. Wall Street Zen upgraded Somnigroup International from a “sell” rating to a “hold” rating in a research note on Saturday, September 5th. UBS Group boosted their price target on shares of Somnigroup International from $94.00 to $102.00 and gave the stock a “buy” rating in a research note on Thursday, September 3rd. Morgan Stanley initiated coverage on shares of Somnigroup International in a research report on Monday, July 27th. They set an “overweight” rating and a $95.00 target price on the stock. Finally, Piper Sandler reaffirmed an “overweight” rating and issued a $100.00 price objective (up from $95.00) on shares of Somnigroup International in a research note on Thursday, September 3rd. Eight research analysts have rated the stock with a Buy rating and two have given a Hold rating to the stock. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price of $95.00.
Get Our Latest Analysis on SGI
Somnigroup International Trading Up 3.7%
Shares of Somnigroup International stock traded up $2.36 during trading hours on Monday, reaching $66.53. 7,260,746 shares of the company’s stock were exchanged, compared to its average volume of 2,815,644. The company has a fifty day moving average of $64.44 and a 200-day moving average of $73.22. The company has a current ratio of 0.75, a quick ratio of 0.37 and a debt-to-equity ratio of 1.33. Somnigroup International has a 52-week low of $60.08 and a 52-week high of $98.56. The firm has a market capitalization of $14.00 billion, a price-to-earnings ratio of 26.61, a price-to-earnings-growth ratio of 1.05 and a beta of 1.30.
Somnigroup International (NYSE:SGI – Get Free Report) last posted its quarterly earnings data on Monday, November 9th. The company reported $1.04 EPS for the quarter, missing analysts’ consensus estimates of $1.06 by ($0.02). Somnigroup International had a net margin of 7.00% and a return on equity of 19.32%. The company had revenue of $2.35 billion for the quarter. During the same period in the prior year, the company posted $0.95 earnings per share. Somnigroup International’s revenue was up 10.8% on a year-over-year basis. Somnigroup International has set its FY 2026 guidance at 2.850-2.950 EPS. Sell-side analysts forecast that Somnigroup International will post 3.10 EPS for the current fiscal year.
Insiders Place Their Bets
In related news, CEO Scott Thompson purchased 30,000 shares of the firm’s stock in a transaction on Thursday, August 27th. The shares were bought at an average price of $62.84 per share, for a total transaction of $1,885,200.00. Following the acquisition, the chief executive officer directly owned 4,123,634 shares in the company, valued at $259,129,160.56. This trade represents a 0.73% increase in their ownership of the stock. The acquisition was disclosed in a filing with the SEC, which is available at this link. 3.99% of the stock is currently owned by corporate insiders.
Somnigroup International News Roundup
Here are the key news stories impacting Somnigroup International this week:
- Positive Sentiment: Third-quarter net sales rose 11% year over year to about $2.4 billion. Adjusted EPS increased 9.5% to $1.04, and operating cash flow was strong at $349 million. Somnigroup International reports third-quarter 2026 results
- Positive Sentiment: The board declared a fourth-quarter cash dividend of $0.17 per share, payable December 7 to shareholders of record November 23. Somnigroup announces fourth-quarter cash dividend
- Negative Sentiment: Somnigroup forecast FY 2026 EPS of $2.85–$2.95, below the roughly $3.11 analyst consensus. The shortfall in expected earnings could weigh on investor sentiment. Somnigroup International reports third-quarter 2026 results
- Negative Sentiment: Adjusted EPS of $1.04 narrowly missed the $1.06 consensus estimate. GAAP EPS was $0.74, down 10.8% year over year, despite revenue growth. Somnigroup lags third-quarter earnings and revenue estimates
About Somnigroup International
Somnigroup International, Inc is a bedding company that designs, manufactures, distributes and sells mattresses and related sleep products. Its offerings include adjustable bases, pillows and other bedding accessories, marketed under brands such as Tempur-Pedic, Sealy and Stearns & Foster.
The company also operates Mattress Firm, a mattress retailer with stores across the United States. Through its brands, retail business and other sales channels, Somnigroup serves customers in the U.S.
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