News stories about Select Comfort Corporation (NASDAQ:SCSS) have trended somewhat positive on Saturday, Accern Sentiment reports. The research group scores the sentiment of media coverage by reviewing more than twenty million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. Select Comfort Corporation earned a media sentiment score of 0.14 on Accern’s scale. Accern also gave news stories about the company an impact score of 46.0169026474967 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the near future.
These are some of the media headlines that may have effected Accern Sentiment Analysis’s scoring:
- Select Comfort Corp. breached its 50 day moving average in a Bearish Manner : SCSS-US : August 16, 2017 (finance.yahoo.com)
- ETFs with exposure to Select Comfort Corp. : August 15, 2017 (finance.yahoo.com)
- $417.22 Million in Sales Expected for Select Comfort Corporation (NASDAQ:SCSS) This Quarter (americanbankingnews.com)
- Insider Selling: Select Comfort Corporation (NASDAQ:SCSS) SVP Sells 5,100 Shares of Stock (americanbankingnews.com)
- $0.68 EPS Expected for Select Comfort Corporation (SCSS) This Quarter (americanbankingnews.com)
A number of equities analysts have recently issued reports on the company. Piper Jaffray Companies set a $37.00 price objective on Select Comfort Corporation and gave the stock a “buy” rating in a report on Saturday, June 10th. BidaskClub upgraded Select Comfort Corporation from a “hold” rating to a “buy” rating in a report on Wednesday, August 9th. Zacks Investment Research cut Select Comfort Corporation from a “hold” rating to a “sell” rating in a report on Tuesday, July 11th. UBS AG reiterated a “sell” rating and issued a $17.00 price objective (up from $16.00) on shares of Select Comfort Corporation in a report on Friday, July 21st. Finally, Stifel Nicolaus reiterated a “buy” rating and issued a $36.00 price objective (up from $32.00) on shares of Select Comfort Corporation in a report on Tuesday, July 18th. One equities research analyst has rated the stock with a sell rating, five have given a hold rating and four have issued a buy rating to the company’s stock. The company currently has an average rating of “Hold” and an average price target of $31.33.
Select Comfort Corporation (NASDAQ:SCSS) last announced its quarterly earnings data on Monday, July 17th. The company reported ($0.02) earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $0.05 by $0.07. The firm had revenue of $284.70 million during the quarter, compared to the consensus estimate of $300.21 million. Select Comfort Corporation had a return on equity of 44.91% and a net margin of 4.46%. The firm’s revenue for the quarter was up 2.8% on a year-over-year basis. During the same period in the previous year, the business earned $0.03 EPS. Equities research analysts forecast that Select Comfort Corporation will post $1.38 earnings per share for the current year.
In other news, SVP Joseph Hunter Saklad sold 5,100 shares of Select Comfort Corporation stock in a transaction that occurred on Friday, August 11th. The shares were sold at an average price of $33.24, for a total transaction of $169,524.00. Following the completion of the sale, the senior vice president now owns 39,550 shares of the company’s stock, valued at $1,314,642. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Brenda J. Lauderback sold 18,500 shares of Select Comfort Corporation stock in a transaction that occurred on Thursday, July 20th. The shares were sold at an average price of $32.65, for a total transaction of $604,025.00. Following the sale, the director now directly owns 41,790 shares of the company’s stock, valued at approximately $1,364,443.50. The disclosure for this sale can be found here. In the last three months, insiders sold 31,600 shares of company stock valued at $1,046,029. 4.00% of the stock is owned by insiders.
ILLEGAL ACTIVITY NOTICE: This article was originally published by Community Financial News and is the property of of Community Financial News. If you are reading this article on another site, it was illegally stolen and republished in violation of U.S. and international trademark & copyright law. The legal version of this article can be viewed at https://www.com-unik.info/2017/08/19/select-comfort-corporation-nasdaqscss-receives-daily-media-sentiment-rating-of-0-14-updated-updated.html.
About Select Comfort Corporation
Select Comfort Corporation is a designer, manufacturer, marketer, retailer and servicer of a line of Sleep Number beds. The Company offers consumers individualized sleep solutions and services, which include a complete line of Sleep Number beds, bases and bedding accessories. Its Sleep Number bed offers SleepIQ technology sensors that work directly with the bed’s DualAir technology to track each individual’s sleep.
What are top analysts saying about Select Comfort Corporation? - Enter your email address in the form below to receive our free daily email newsletter that contains the latest headlines and analysts' recommendations for for Select Comfort Corporation and related companies.