Select Comfort Corp. (NASDAQ:SCSS)’s share price reached a new 52-week high during mid-day trading on Monday . The company 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.

SCSS has been the topic of a number of research reports. Wedbush reissued an “outperform” rating and issued a $21.00 price objective on shares of Select Comfort Corp. in a report on Monday, July 18th. Bank of America Corp. raised shares of Select Comfort Corp. from an “underperform” rating to a “neutral” rating in a report on Friday, July 15th. Piper Jaffray Cos. raised shares of Select Comfort Corp. from a “neutral” rating to an “overweight” rating and raised their price objective for the stock from $23.00 to $31.00 in a report on Monday. TheStreet downgraded shares of Select Comfort Corp. from a “buy” rating to a “hold” rating in a report on Wednesday, July 20th. Finally, Zacks Investment Research raised shares of Select Comfort Corp. from a “hold” rating to a “buy” rating and set a $26.00 price objective on the stock in a report on Tuesday, July 19th. Six equities research analysts have rated the stock with a hold rating, three have issued a buy rating and one has given a strong buy rating to the company. The company has an average rating of “Buy” and an average price target of $27.83.

The stock’s 50 day moving average is $23.39 and its 200-day moving average is $21.29. The company has a market cap of $1.25 billion and a PE ratio of 53.62.

Select Comfort Corp. (NASDAQ:SCSS) last posted its quarterly earnings data on Wednesday, July 20th. The company reported $0.03 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $0.01 by $0.02. During the same quarter last year, the company earned $0.21 EPS. The company had revenue of $277 million for the quarter, compared to analyst estimates of $285.22 million. The business’s revenue was up .6% compared to the same quarter last year. On average, equities analysts expect that Select Comfort Corp. will post $1.24 EPS for the current year.

A hedge fund recently raised its stake in Select Comfort Corp. stock. Rhumbline Advisers increased its stake in shares of Select Comfort Corp. (NASDAQ:SCSS) by 7.3% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor 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 at the end of the most recent reporting period.

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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