Impact of Brokerage Rating on Select Comfort Corporation(SCSS)

Many Select Comfort Corporation(SCSS) Stock Research Financial Advisors from Investment Banking firms have advised their client and investors on the stock. Select Comfort Corp. was Reiterated by Wedbush on Feb 9, 2017 to Neutral, Lowers Price Target to $ 20 from a previous price target of $22 .Select Comfort Corp. was Downgraded by Wedbush on Dec 6, 2016 to Neutral, Lowers Price Target to $ 22 from a previous price target of $25 .

Company has reported several Insider transactions to the SEC, on Aug 17, 2016, Andrew P Carlin (EVP, Chief Sales & Svc Officer) sold 3,200 shares at 28.00 per share price.On May 26, 2016, Brenda J Lauderback (director) sold 416 shares at 22.50 per share price.On Feb 18, 2016, David R Callen (CFO) purchased 2,000 shares at 15.44 per share price.

Select Comfort Corp. Last issued its quarterly earnings results on Oct 19, 2016. The company reported $0.56 EPS for the quarter, missing the analyst consensus estimate by $ -0.01. Analyst had a consensus of $0.57. The company had revenue of $368.00 million for the quarter, compared to analysts expectations of $391.03 million. The companys revenue was down -1.6 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $0.62 EPS.

Select Comfort Corporation (NASDAQ:SCSS) has received a short term rating of strong sell from experts at Zacks with a rank of 5. The stock has been rated an average of 2.63 by 8 Brokerage Firm. 3 Wall Street Firms have rated the stock as a strong buys. 3 Brokerage Firms have advised hold. 1 Analysts have rated it as strong sell. A sell rating was given by 1 analyst.

Select Comfort Corporation (NASDAQ:SCSS): The mean short term price target for Select Comfort Corporation (NASDAQ:SCSS) has been established at $22.43 per share. The higher price target estimate is at $27 and the lower price target estimate is expected at $18 according to 7 Analyst. The stock price is expected to vary based on the estimate which is suggested by the standard deviation value of $3.51

Select Comfort Corporation (NASDAQ:SCSS) rose 0.55% or 0.12 points on Tuesday and made its way into the gainers of the day. After trading began at $21.77 the stock was seen hitting $22.15 as a peak level and $21.695 as the lowest level. The stock ended up at $21.94. The daily volume was measured at 971,710 shares. The 52-week high of the share price is $28.34 and the 52-week low is $15.3001. The company has a market cap of $956 million.

SELECT COMFORT is engaged in the manufacture, specialty retailing and direct marketing of premium quality, innovative adjustable-firmness beds and other sleep-related products.


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