Mattress Firm Holding Corp. (NASDAQ:MFRM) was up 2.7% on Monday . The company traded as high as $32.51 and last traded at $32.15, with a volume of 54,419 shares. The stock had previously closed at $31.30.

A number of equities research analysts have weighed in on MFRM shares. SunTrust Banks Inc. downgraded shares of Mattress Firm Holding Corp. from a “buy” rating to a “neutral” rating and decreased their price target for the stock from $57.00 to $39.00 in a research note on Tuesday, March 22nd. Citigroup Inc. boosted their target price on shares of Mattress Firm Holding Corp. from $38.00 to $40.00 and gave the company a “neutral” rating in a research note on Wednesday, March 23rd. Wedbush restated a “neutral” rating and issued a $38.00 target price on shares of Mattress Firm Holding Corp. in a research note on Friday, June 3rd. Piper Jaffray Cos. restated a “neutral” rating and issued a $35.00 target price on shares of Mattress Firm Holding Corp. in a research note on Wednesday, June 8th. Finally, Raymond James Financial Inc. downgraded shares of Mattress Firm Holding Corp. from an “outperform” rating to a “market perform” rating in a research note on Friday, June 10th. Three investment analysts have rated the stock with a sell rating, seven have assigned a hold rating and three have issued a buy rating to the stock. The stock currently has a consensus rating of “Hold” and a consensus target price of $40.67.

The stock’s market capitalization is $1.19 billion. The firm has a 50 day moving average of $32.83 and a 200 day moving average of $38.10.

Mattress Firm Holding Corp. (NASDAQ:MFRM) last posted its quarterly earnings data on Thursday, June 9th. The company reported ($0.10) earnings per share for the quarter, missing the consensus estimate of ($0.04) by $0.06. The business earned $839.40 million during the quarter, compared to analysts’ expectations of $869.75 million. Mattress Firm Holding Corp.’s revenue for the quarter was up 49.2% on a year-over-year basis. During the same quarter last year, the firm earned $0.33 EPS. Equities analysts anticipate that Mattress Firm Holding Corp. will post $2.24 earnings per share for the current fiscal year.

In related news, major shareholder Berkshire Partners Holdings Ll bought 1,129 shares of Mattress Firm Holding Corp. stock in a transaction dated Wednesday, April 27th. The shares were bought at an average cost of $41.28 per share, with a total value of $46,605.12. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Also, Chairman R. Stephen Stagner sold 15,000 shares of the stock in a transaction on Monday, June 27th. The stock was sold at an average price of $35.00, for a total value of $525,000.00. Following the sale, the chairman now directly owns 966,536 shares in the company, valued at $33,828,760. The disclosure for this sale can be found here.

Other hedge funds recently added to or reduced their stakes in the company. Eagle Asset Management raised its stake in Mattress Firm Holding Corp. by 182.8% in the third quarter. Eagle Asset Management now owns 215,124 shares of the company’s stock valued at $8,982,000 after buying an additional 139,044 shares during the period. Trexquant Investment LP bought a new stake in Mattress Firm Holding Corp. during the fourth quarter valued at about $2,999,000. State of New Jersey Common Pension Fund D raised its stake in Mattress Firm Holding Corp. by 38.8% in the fourth quarter. State of New Jersey Common Pension Fund D now owns 55,500 shares of the company’s stock valued at $2,477,000 after buying an additional 15,500 shares during the period. Dimensional Fund Advisors LP raised its stake in Mattress Firm Holding Corp. by 0.7% in the fourth quarter. Dimensional Fund Advisors LP now owns 45,138 shares of the company’s stock valued at $2,015,000 after buying an additional 300 shares during the period. Finally, California State Teachers Retirement System raised its stake in Mattress Firm Holding Corp. by 1.7% in the fourth quarter. California State Teachers Retirement System now owns 37,973 shares of the company’s stock valued at $1,695,000 after buying an additional 634 shares during the period.

Mattress Firm Holding Corp. is a holding company. The Company, through its direct and indirect subsidiaries, is a retailer of mattresses and bedding-related products in various metropolitan markets in the United States through company-operated and franchise-owned mattress specialty stores that operate primarily under the name Mattress Firm.

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