Shares of Select Comfort Corp. (NASDAQ:SCSS) hit a new 52-week high on Monday . The stock traded as high as $28.34 and last traded at $28.30, with a volume of 681,624 shares. The stock had previously closed at $25.76.

Several analysts recently weighed in on the stock. SunTrust Banks Inc. reissued a “neutral” rating on shares of Select Comfort Corp. in a research note on Wednesday, August 10th. Piper Jaffray Cos. reissued a “neutral” rating and issued a $23.00 price objective on shares of Select Comfort Corp. in a research note on Friday, July 15th. Zacks Investment Research cut shares of Select Comfort Corp. from a “buy” rating to a “hold” rating in a research note on Saturday, July 23rd. TheStreet cut shares of Select Comfort Corp. from a “buy” rating to a “hold” rating in a research note on Wednesday, July 20th. Finally, Wedbush boosted their price objective on shares of Select Comfort Corp. from $21.00 to $27.00 and gave the stock an “outperform” rating in a research note on Thursday. Six equities research analysts have rated the stock with a hold rating, three have assigned a buy rating and one has given a strong buy rating to the company’s stock. Select Comfort Corp. currently has a consensus rating of “Buy” and a consensus price target of $26.50.

The stock has a market cap of $1.27 billion and a price-to-earnings ratio of 54.53. The company’s 50 day moving average price is $23.01 and its 200 day moving average price is $21.15.

Select Comfort Corp. (NASDAQ:SCSS) last posted its earnings results on Wednesday, July 20th. The company reported $0.03 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.01 by $0.02. During the same quarter in the prior year, the company earned $0.21 earnings per share. The firm earned $277 million during the quarter, compared to analysts’ expectations of $285.22 million. The business’s revenue for the quarter was up .6% compared to the same quarter last year. Equities analysts expect that Select Comfort Corp. will post $1.24 EPS for the current fiscal year.

An institutional investor recently raised its position in Select Comfort Corp. stock. Rhumbline Advisers boosted its stake in Select Comfort Corp. (NASDAQ:SCSS) by 7.3% during the fourth quarter, according to its most recent 13F filing with the SEC. The fund owned 64,598 shares of the company’s stock after buying an additional 4,420 shares during the period. Rhumbline Advisers owned approximately 0.13% of Select Comfort Corp. worth $1,383,000 as of its most recent filing with the SEC.

Select Comfort Corporation is a designer, manufacturer, marketer, retailer and servicer of a line of Sleep Number beds. The Company’s Sleep Number bed offers SleepIQ technology sensors that work directly with the bed’s DualAir technology to monitor each individual’s sleep. The Company also offers a line of sleep products, including FlextFit adjustable base technology and Sleep Number pillows, sheets and other bedding products.

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