$0.05 EPS Expected for Select Comfort Corp. (SCSS)

July 18, 2017 - By Hazel Jackson

 $0.05 EPS Expected for Select Comfort Corp. (SCSS)
Investors sentiment decreased to 0.93 in 2016 Q4. Its down 0.05, from 0.98 in 2016Q3. It worsened, as 31 investors sold Select Comfort Corp. shares while 52 reduced holdings. 30 funds opened positions while 47 raised stakes. 43.83 million shares or 0.96% less from 44.25 million shares in 2016Q3 were reported.
Invesco Ltd owns 110,681 shares for 0% of their portfolio. Janney Montgomery Scott Limited Liability Corporation holds 0% or 12,654 shares. Independent Portfolio Consultants holds 0.3% in Select Comfort Corp. (NASDAQ:SCSS) or 40,413 shares. 9,668 were accumulated by Verition Fund Mngmt Ltd Liability. Sentinel Asset Mngmt holds 0.29% of its portfolio in Select Comfort Corp. (NASDAQ:SCSS) for 513,220 shares. Prelude Capital Management Llc invested 0.01% in Select Comfort Corp. (NASDAQ:SCSS). Wellington Llp reported 143,451 shares or 0% of all its holdings. Pnc Fincl, Pennsylvania-based fund reported 600 shares. Meeder Asset Management Incorporated invested 0% of its portfolio in Select Comfort Corp. (NASDAQ:SCSS). Connecticut-based Trexquant Inv Lp has invested 0.03% in Select Comfort Corp. (NASDAQ:SCSS). Lombardia Prtn Ltd stated it has 0.97% in Select Comfort Corp. (NASDAQ:SCSS). Pinebridge Invs L P stated it has 5,840 shares or 0% of all its holdings. American Grp Inc Inc holds 0% or 33,735 shares. Dimensional Fund Lp owns 1.82 million shares. First Interstate Comml Bank reported 2,950 shares.

Since February 16, 2017, it had 1 buy, and 2 selling transactions for $208,845 activity. $191,328 worth of Select Comfort Corp. (NASDAQ:SCSS) shares were sold by LAUDERBACK BRENDA J. Shares for $23,026 were bought by Callen David R on Tuesday, February 21.

Analysts await Select Comfort Corp. (NASDAQ:SCSS) to report earnings on July, 19. They expect $0.05 earnings per share, up 66.67 % or $0.02 from last year’s $0.03 per share. SCSS’s profit will be $2.24M for 152.60 P/E if the $0.05 EPS becomes a reality. After $0.56 actual earnings per share reported by Select Comfort Corp. for the previous quarter, Wall Street now forecasts -91.07 % negative EPS growth. About 6,739 shares traded. Select Comfort Corp. (NASDAQ:SCSS) has risen 34.79% since July 18, 2016 and is uptrending. It has outperformed by 18.09% the S&P500.

Select Comfort Corp. (NASDAQ:SCSS) Ratings Coverage

Among 7 analysts covering Select Comfort (NASDAQ:SCSS), 2 have Buy rating, 2 Sell and 3 Hold. Therefore 29% are positive. Select Comfort had 17 analyst reports since October 21, 2015 according to SRatingsIntel. The firm has “Overweight” rating by Piper Jaffray given on Monday, August 15. The stock has “Overweight” rating by Piper Jaffray on Wednesday, October 21. The firm earned “Outperform” rating on Friday, February 12 by Wedbush. On Thursday, September 29 the stock rating was initiated by UBS with “Sell”. The rating was upgraded by Bank of America on Friday, July 15 to “Neutral”. On Friday, January 29 the stock rating was upgraded by Wedbush to “Outperform”. Wedbush maintained it with “Neutral” rating and $20 target in Thursday, February 9 report. On Tuesday, March 15 the stock rating was initiated by Longbow with “Neutral”. Wedbush maintained Select Comfort Corp. (NASDAQ:SCSS) rating on Thursday, August 11. Wedbush has “Outperform” rating and $27 target. Bank of America downgraded the stock to “Underperform” rating in Thursday, October 20 report.

Select Comfort Corporation is a designer, manufacturer, marketer, retailer and servicer of a line of Sleep Number beds. The company has market cap of $1.37 billion. The Firm offers clients individualized sleep solutions and services, which include a complete line of Sleep Number beds, bases and bedding accessories. It has a 23.65 P/E ratio. The Company’s Sleep Number bed offers SleepIQ technology sensors that work directly with the bed’s DualAir technology to track each individual’s sleep.

More notable recent Select Comfort Corp. (NASDAQ:SCSS) news were published by: Streetinsider.com which released: “Select Comfort Corp (SCSS) Misses Q2 EPS by 7c, Reiterates FY Outlook” on July 17, 2017, also Seekingalpha.com with their article: “Select Comfort Corporation’s (SCSS) CEO Shelly Ibach on Q2 2017 Results …” published on July 18, 2017, Streetinsider.com published: “Select Comfort Corp (SCSS) ” Channel Checks Reveal Delivery Delays” – Keybanc” on July 06, 2017. More interesting news about Select Comfort Corp. (NASDAQ:SCSS) were released by: Startribune.com and their article: “Known for Sleep Number beds, Select Comfort will soon call itself that” published on June 26, 2017 as well as Prnewswire.com‘s news article titled: “Initiating Research Reports on Home Furnishings & Fixtures Equities — Select …” with publication date: July 18, 2017.

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