How to Buy Somnigroup International Stock
Somnigroup International Inc
Somnigroup International is a furnishings fixture & appliance company located in Kentucky, United States, which is part of the Consumer Cyclical sector, and is traded under the ticker SGI on the NYSE exchange.
Somnigroup International stock last closed at $64.23, up 6.17% from the previous day, and has increased 21.17% in one year. It has overperformed other stocks in the Furnishings Fixtures & Appliances industry by 0.29 percentage points. Somnigroup International stock is currently +42.61% from its 52-week low of $45.04, and -8.07% from its 52-week high of $69.87.
There are currently 208.58M SGI shares outstanding. The market cap of SGI is $13.40B. In the past 24 hours, 9.55M SGI shares were traded.
How to Buy Somnigroup International Stock
Not sure how to invest in Somnigroup International stock? Here's how.
- Figure out where to buy Somnigroup International stock: You need to decide on an online brokerage, but don't worry - we've tested dozens of online stock brokerages and apps to help you determine where to buy Somnigroup International stock.
- Create your brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've selected.
- Deposit funds into your brokerage account: Choose your method of payment and add your details.
- Analyze Somnigroup International stock: The Somnigroup International ticker symbol is SGI. Is Somnigroup International stock a good investment? Should you buy shares of SGI? How do SGI's underlying business fundamentals look? Do top analysts think Somnigroup International is a good buy? Why has SGI's stock price moved recently? (Hint: Our stock market research tools can help you evaluate if SGI is a good stock to buy).
- Place your SGI buy order: Decide if you will purchase SGI shares at the current market price or use a limit order to purchase SGI stock at a particular price.
- Watch your SGI investment: Create a watchlist to keep tabs on your position in Somnigroup International shares.
Step 1: Figure out where to buy Somnigroup International stock
You will need a brokerage account in order to access the NYSE market and buy SGI stock.
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Open eToro AccountStep 2: Create your brokerage account
Now that you've picked your brokerage, it's time to fill out some personal info so you are able to invest in SGI today.
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Step 3: Deposit funds into your brokerage account
Now that you've opened your account on the highest rated stock app, you can securely and quickly fund your account:
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Step 4: Analyze Somnigroup International stock
After you have decided on the best place to buy Somnigroup International stock, it's crucial to analyze their stock prior to buying, so you actually understand the risk as well as the upside.
Somnigroup International Numbers
Somnigroup International Fundamentals
WallStreetZen was built to help average investors do better fundamental analysis in minutes instead of hours.
You can view all of the due diligence checks on SGI's stock page.
Is SGI stock undervalued?
You can use a variety of different financial metrics, analyses, models, and charts to gauge SGI's true value.
Using relative valuations ratios:
- SGI may be undervalued based on its P/E ratio of 40.14x, relative to Furnishings Fixtures & Appliances industry P/E ratio of 87.15x
- SGI could be overvalued based on its P/B ratio of 4.89x, relative to Furnishings Fixtures & Appliances industry P/B ratio of 2.18x
- SGI could be overvalued based on its PEG ratio of 1.11x
You can access additional valuation analysis on SGI's stock here.
SGI Financials at a glance
Positive Health Checks:
- Total SGI debt is lower than 5 years ago, relative to shareholder equity.
Negative Health Checks:
- SGI has a relatively high debt to equity ratio of 3.13.
- SGI's operating cash flow of $642.70M allows it to safely service it's debt of $6.94B.
- There are more long-term liabilities than short-term assets on the SGI balance sheet.
- SGI earnings of $518.10M is not enough to cover its interest payments.
- SGI profit margin has gone down from 7.3% to 5.1% in the past year.
- There are more short-term liabilities than short-term assets on the SGI balance sheet.
Do analysts think it's a good time to buy Somnigroup International stock
Out of 9 Equities analysts who research SGI, the consensus analyst rating on Somnigroup International is a Strong Buy
It's important to note that analyst ratings are not recommendations, nor are they financial advice.
Latest SGI Analyst Forecasts
Curtis Nagle, a top 35% analyst from Bank of America maintains SGI with a strong buy rating and raises their SGI price target from $73.00 to $79.00, on Feb 11, 2025.
Bank of America's Curtis Nagle raised their price target on Tempur Sealy International (NYSE: TPX) by 8.2% from $73 to $79 on 2025/02/11. The analyst maintained their Strong Buy rating on the stock.
Nagle attributed their price target hike to Tempur Sealy International's acquisition of Mattress Firm.
With the deal completed, the analyst told readers that BoA sees the company, which is being renamed "Somnigroup," as offering investors "a rare combination of quality and resilience with upside torque."
Nagle explained that their firm believes Tempur Sealy International and Mattress Firm will benefit from competitor consolidation and retrenchment over the last several years.
BofA added Tempur Sealy International to its"US 1 List," which is intended to represent a collection of the firm's best investment ideas, the analyst added.
Earnings Report
Somnigroup International reported:
For Q4 2024:
- EPS of $0.60, which beat the Zacks Consensus Estimate of $0.57 and Q4 2023's $0.53.
- Revenue of $1.21B, which beat the Zacks Consensus Estimate by 1.4% and Q4 2023's $1.17B.
For FY 2024:
- EPS of $2.55, up from FY 2023's $2.40.
- Revenue of $4,931B, up from FY 2023's $4.925B.
For FY 2025, management guided:
- EPS of $2.60 to $3.00.
Chairman & CEO Scott Thompson commented: "We are pleased to report another strong quarter with market-leading sales growth and double-digit adjusted EPS growth.
"Our 2024 results are reflective of the strong fundamentals of our business model as we delivered record sales and gross margins while the industry is experiencing trough volumes.
"On February 5, 2025, we completed the acquisition of Mattress Firm, the nation's largest mattress specialty retailer.
"This is a significant milestone. With the acquisition of Mattress Firm, we are now clearly the world's largest bedding company, with superior capabilities in design, manufacturing, distribution and retail, and a portfolio of the most highly recognized brands in the industry."
Bradley Thomas, a top 3% analyst from KeyBanc maintains SGI with a strong buy rating and raises their SGI price target from $70.00 to $74.00, on Feb 7, 2025.
Atul Maheswari, a top 46% analyst from UBS maintains SGI with a strong buy rating and raises their SGI price target from $67.00 to $78.00, on Feb 3, 2025.
Seth Basham, a top 19% analyst from Wedbush upgrades SGI to a buy rating and raises their SGI price target from $67.00 to $80.00, on Feb 3, 2025.
Philip Gibbs, a top 1% analyst from KeyBanc maintains SGI with a strong buy rating and raises their SGI price target from $62.00 to $66.00, on Jan 29, 2025.
You can dig deeper into what analysts are forecasting on the Somnigroup International stock forecast page.
SGI Momentum
SGI Growth Numbers
Last year, SGI earnings were $274.90M. Over the past five year, SGI's earnings have increased by 9.42% per year. This was faster than the Furnishings Fixtures & Appliances industry average of 7.7%.
Last year, SGI revenue was $5.35B. During the past 5 year, SGI's revenue has increased by 10.55% per year. This was faster than the Furnishings Fixtures & Appliances industry average of 9.46%.
You can research SGI's earnings and revenue performance here.
What are SGI insiders up to?
In the past year, insiders at SGI have sold more shares than they have bought.
Evelyn S. Dilsaver, Director of SGI, was the latest SGI insider to buy. They bought $98,915.52 worth of SGI stock on Mar 6, 2025.
Learn more about who owns SGI shares here.
Does SGI provide a stable income stream?
Somnigroup International pays a dividend of 0.84%, compared to the Furnishings Fixtures & Appliances industry's average dividend yield of 3.89%. If you owned $1,000 worth of SGI stock, you would have been paid $8.41 in the past 12 months.
Somnigroup International dividend payments have consistently grown over the past decade and have remained stable.
Get more data about Somnigroup International dividend yield and history here.
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Step 5: Place your SGI buy order
You have two main order types:
- Market order: A market order is an order to buy or sell a stock at the best available price.
Market orders are mostly the best for newer investors. - Limit order: A limit order enables you to buy or sell a stock at a specific price (or better).
If you want to make sure you're buying or selling at a particular dollar amount limit, use a limit order.
Press the Open Trade button and your broker will execute your order.
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Step 6: Watch your SGI investment
Now that you own some shares in SGI, you'll want to stay up-to-date on your stock purchase.
Create a watchlist to track the most important metrics related to your SGI stock.
SGI Feed
How to Buy Stock in Somnigroup International
To reiterate, here are the 6 steps you need to take to buy Somnigroup International stock right now:
- Figure out where to buy Somnigroup International stock
- Create your brokerage account
- Deposit funds into your brokerage account
- Analyze Somnigroup International stock
- Place your SGI buy order
- Watch your SGI investment
If you need a brokerage account, eToro is our recommended venue.
Get Started with eToro TodayIf you want to keep tabs on your new investment in Somnigroup International, hit the button below to create your watchlist.
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