Select Comfort Corp (NASDAQ:SCSS) Institutional Investors Quarterly Sentiment

July 17, 2017 - By Darrin Black

 Select Comfort Corp (NASDAQ:SCSS) Institutional Investors Quarterly Sentiment

Sentiment for Select Comfort Corp (NASDAQ:SCSS)

Select Comfort Corp (NASDAQ:SCSS) institutional sentiment decreased to 0.93 in Q4 2016. Its down -0.05, from 0.98 in 2016Q3. The ratio has worsened, as 77 hedge funds increased or started new holdings, while 83 decreased and sold their stock positions in Select Comfort Corp. The hedge funds in our partner’s database now have: 43.83 million shares, down from 44.25 million shares in 2016Q3. Also, the number of hedge funds holding Select Comfort Corp in their top 10 holdings decreased from 3 to 2 for a decrease of 1. Sold All: 31 Reduced: 52 Increased: 47 New Position: 30.

Select Comfort Corporation is a designer, manufacturer, marketer, retailer and servicer of a line of Sleep Number beds. The company has market cap of $1.31 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 23.03 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.

About 1.03 million shares traded. Select Comfort Corp. (NASDAQ:SCSS) has risen 34.79% since July 17, 2016 and is uptrending. It has outperformed by 18.09% the S&P500.

Analysts await Select Comfort Corp. (NASDAQ:SCSS) to report earnings on July, 19. They expect $0.05 EPS, up 66.67 % or $0.02 from last year’s $0.03 per share. SCSS’s profit will be $2.04M for 160.65 P/E if the $0.05 EPS becomes a reality. After $0.56 actual EPS reported by Select Comfort Corp. for the previous quarter, Wall Street now forecasts -91.07 % negative EPS growth.

Birch Run Capital Advisors Lp holds 4.05% of its portfolio in Select Comfort Corp. for 537,221 shares. Cove Street Capital Llc owns 1.14 million shares or 2.7% of their US portfolio. Moreover, Kestrel Investment Management Corp has 2.35% invested in the company for 279,050 shares. The Minnesota-based Disciplined Growth Investors Inc Mn has invested 1.95% in the stock. Copper Rock Capital Partners Llc, a Massachusetts-based fund reported 857,264 shares.#img1#

Since January 1, 0001, it had 1 insider purchase, and 2 insider sales for $208,845 activity.

Select Comfort Corp. (NASDAQ:SCSS) Ratings Coverage

Ratings analysis reveals 29% of Select Comfort’s analysts are positive. Out of 7 Wall Street analysts rating Select Comfort, 2 give it “Buy”, 2 “Sell” rating, while 3 recommend “Hold”. The lowest target is $20 while the high is $3700. The stock’s average target of $29 is -9.66% below today’s ($32.1) share price. SCSS was included in 17 notes of analysts from October 21, 2015. On Friday, January 29 the stock rating was upgraded by Wedbush to “Outperform”. The rating was upgraded by Piper Jaffray to “Overweight” on Monday, August 15. The firm earned “Outperform” rating on Friday, February 12 by Wedbush. The stock of Select Comfort Corp. (NASDAQ:SCSS) has “Buy” rating given on Thursday, November 5 by Stifel Nicolaus. The rating was maintained by Wedbush with “Outperform” on Thursday, August 11. The rating was downgraded by Wedbush to “Neutral” on Tuesday, December 6. The rating was initiated by UBS with “Sell” on Thursday, September 29. The firm earned “Overweight” rating on Wednesday, October 21 by Piper Jaffray. On Thursday, February 9 the stock rating was maintained by Wedbush with “Neutral”. Piper Jaffray downgraded Select Comfort Corp. (NASDAQ:SCSS) rating on Tuesday, December 22. Piper Jaffray has “Neutral” rating and $22 target.

More notable recent Select Comfort Corp. (NASDAQ:SCSS) news were published by: Benzinga.com which released: “6 Stocks To Watch For July 17, 2017” on July 17, 2017, also Startribune.com with their article: “Known for Sleep Number beds, Select Comfort will soon call itself that” published on June 26, 2017, Gurufocus.com published: “Coliseum Capital Management, LLC Buys Select Comfort Corp, Daseke Inc …” on June 21, 2017. More interesting news about Select Comfort Corp. (NASDAQ:SCSS) were released by: Fool.com and their article: “Why Select Comfort, Chicago Bridge & Iron, and Fifth Street Finance Jumped Today” published on June 29, 2017 as well as Fool.com‘s news article titled: “Select Comfort Doesn’t Need Tempur Sealy” with publication date: June 30, 2017.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.