How to Buy Sleep Number Stock
Sleep Number Corp
Sleep Number Corporation, together with its subsidiaries, offers sleep solutions and services in the United States.
Sleep Number stock last closed at $13.57, down 7.05% from the previous day, and has decreased 44.7% in one year. It has underperformed other stocks in the Furnishings Fixtures & Appliances industry by 0.44 percentage points. Sleep Number stock is currently +50.78% from its 52-week low of $9.00, and -66.06% from its 52-week high of $39.98.
As of Apr 24, 2024, there are 22.24M shares of SNBR outstanding. The market value of SNBR is $301.78M. In the last 24 hours, 672,512 SNBR shares were traded.
How to Buy Sleep Number Stock
Not sure how to invest in Sleep Number stock? Here's how.
- Figure out where to buy Sleep Number stock: You need to decide on an online brokerage, but don't worry - we've tried dozens of online stock brokerages and apps to help you choose where to buy Sleep Number stock.
- Create your brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've identified.
- Fund your investment account: Select your payment method and add your information.
- Evaluate Sleep Number stock: The Sleep Number ticker symbol is SNBR. Is Sleep Number stock a good investment? Should you buy shares of SNBR? How do SNBR's underlying business fundamentals look? Do top analysts think Sleep Number is a good buy? Why has SNBR's stock price moved recently? (Hint: Our stock market research tools can help you understand if SNBR is a good stock to buy).
- Place your SNBR buy order: Decide if you will purchase SNBR shares at the current market price or use a limit order to buy SNBR shares at a particular price.
- Get the latest news on your SNBR investment: Create a watchlist to important notifications about your investment in Sleep Number stock.
Step 1: Figure out where to buy Sleep Number stock
You need an online brokerage account in order to access the NASDAQ market and buy SNBR stock.
Our recommended brokerage: eToro
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Open eToro AccountStep 2: Create your brokerage account
Now that you've selected the best brokerage, the next step is to fill out some personal details so you can buy SNBR today.
How to Open a New Brokerage Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Enter your personal data to open your new brokerage account.
- Send your information by hitting the "Create Account" button. Get started with eToro today
Step 3: Fund your investment account
Now that you have opened your account on one of the most highly reviewed stock trading apps, your next step is to transfer the money for your investment:
Check out the tutorial below for more details transferring funds into your investment account.
Step 4: Evaluate Sleep Number stock
After you have decided on the best place to buy Sleep Number stock, it's critical to evaluate their stock before you invest, so you actually comprehend the risk as well as the opportunity.
Sleep Number Metrics
SNBR Overview
WallStreetZen was designed to help everyday investors perform better fundamental analysis in minutes instead of hours.
You can view all of the due diligence checks on SNBR's stock page.
Is SNBR stock overvalued?
Analysts use a variety of different financial metrics, analyses, models, and charts to gauge SNBR's true value.
You can do more valuation analysis on SNBR's stock here.
SNBR Financials at a glance
Passed Health Checks:
- SNBR has $2.54M in cash and short term investments. This is enough to cover its annual cash burn of $66.06M.
Failed Health Checks:
- There are more long-term liabilities than short-term assets on the SNBR balance sheet.
- SNBR has cash burn of 66063000. It does not have sufficient cash and short-term investments to cover this.
- Total SNBR debt is still negative.
- SNBR profit margin has gone down from 1.7% to -0.8% in the past year.
- There are more short-term liabilities than short-term assets on the SNBR balance sheet.
- SNBR debt to equity ratio of -3.15 is negative.
Is it a good time to buy SNBR stock, according to Wall Street analysts?
Out of 1 Equities analysts who give ratings on SNBR, the consensus analyst rating on Sleep Number is a Hold
Please keep in mind that analyst ratings are not stock recommendations, nor are they financial advice.
You can dive deeper into what analysts are projecting on the Sleep Number stock forecast page.
SNBR Trading Indicators
SNBR Growth Metrics
Last year, SNBR revenue was $1.89B. Over the past five year, SNBR's revenue has grown by 4.27% per year. This was slower than the Furnishings Fixtures & Appliances industry average of 19.79%.
Dive into SNBR's earnings and revenue performance here.
Are SNBR executives and large shareholders buying or selling the stock?
Over the past year, insiders at SNBR have bought more shares than they have sold.
Melissa Barra, EVP Chief Sales Services of SNBR, was the latest SNBR insider to sell. They sold $15,397.14 worth of SNBR shares on Mar 15, 2024.
Dig into more about who owns SNBR stock here.
Can I rely on SNBR as an income stream?
No, Sleep Number doesn't provide an income stream by paying out dividends.
SNBR Social Trading Data
One of the primary reasons eToro is our highest-rated brokerage is because of its social trading community.
Click below to find out what other investors have to say.
Step 5: Place your SNBR buy order
There are two primary types of orders:
- Market order: A market order is an order to buy or sell a security at the best available price.
Market orders are usually the easiest way to buy. - Limit order: A limit order lets you buy or sell a security at a specific price (or better).
If you want to ensure you're buying or selling at a given dollar amount, use a limit order.
Click the Open button and your broker will place your order.
If you need additional help investing in stocks on eToro, click the helpful video below:
Step 6: Get the latest news on your SNBR investment
Now that you own some shares in SNBR, you'll want to stay up-to-date on your investment.
Create a watchlist to track the latest developments regarding your SNBR stock.
SNBR Feed
How to Buy Stock in Sleep Number
To reiterate, here are the 6 steps to buy stock in Sleep Number:
- Figure out where to buy Sleep Number stock
- Create your brokerage account
- Fund your investment account
- Evaluate Sleep Number stock
- Place your SNBR buy order
- Get the latest news on your SNBR investment
If you are looking for a place to buy stocks, eToro is our favorite venue.
Get Started with eToro TodayIf you would like to get updates on your investment in Sleep Number, add SNBR to your watchlist below.
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