Sleep Country Canada Holdings Inc (TSE:ZZZ) – Equities research analysts at National Bank Financial decreased their FY2019 earnings per share (EPS) estimates for shares of Sleep Country Canada in a note issued to investors on Thursday, October 17th. National Bank Financial analyst V. Shreedhar now expects that the company will earn $1.65 per share for the year, down from their previous forecast of $1.66. National Bank Financial also issued estimates for Sleep Country Canada’s Q1 2020 earnings at $0.24 EPS and FY2020 earnings at $1.76 EPS.
Sleep Country Canada (TSE:ZZZ) last issued its quarterly earnings data on Thursday, August 8th. The company reported C$0.34 earnings per share for the quarter, hitting the consensus estimate of C$0.34. The company had revenue of C$166.59 million for the quarter, compared to analysts’ expectations of C$165.60 million.
Several other analysts also recently commented on the stock. Royal Bank of Canada upped their price target on shares of Sleep Country Canada from C$20.00 to C$22.00 and gave the company a “sector perform” rating in a research report on Monday, August 12th. CIBC upgraded shares of Sleep Country Canada from a “neutral” rating to an “outperform” rating and upped their price target for the company from C$20.00 to C$24.00 in a research report on Monday, August 12th. Three research analysts have rated the stock with a hold rating and four have assigned a buy rating to the company’s stock. The company has a consensus rating of “Buy” and an average price target of C$25.06.
Shares of TSE:ZZZ opened at C$21.57 on Monday. The firm has a 50 day simple moving average of C$21.12 and a 200-day simple moving average of C$19.65. Sleep Country Canada has a twelve month low of C$16.01 and a twelve month high of C$27.81. The company has a market capitalization of $791.25 million and a PE ratio of 14.19. The company has a current ratio of 1.05, a quick ratio of 0.31 and a debt-to-equity ratio of 165.52.
In other Sleep Country Canada news, Senior Officer Eric Solomon sold 2,785 shares of the business’s stock in a transaction on Monday, August 19th. The shares were sold at an average price of C$21.00, for a total value of C$58,485.00. Following the transaction, the insider now directly owns 29,605 shares of the company’s stock, valued at approximately C$621,705.
About Sleep Country Canada
Sleep Country Canada Holdings Inc, together with its subsidiaries, engages in retailing mattress and bedding related products in Canada. The company offers a range of mattresses, adjustable lifestyle bases, box spring bases, pillows, duvets, sheets, headboards, footboards, frames, mattress and pillow protectors, platforms, and other sleep accessories.
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