FY2018 Earnings Estimate for Sleep Country Canada Holdings Inc Issued By National Bank Financial (ZZZ)

Sleep Country Canada Holdings Inc (TSE:ZZZ) – Investment analysts at National Bank Financial decreased their FY2018 earnings per share estimates for Sleep Country Canada Holdings in a research report issued on Monday. National Bank Financial analyst V. Shreedhar now expects that the company will post earnings per share of $1.75 for the year, down from their prior estimate of $1.76. National Bank Financial currently has a “Outperform” rating and a $40.00 target price on the stock.

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Other equities research analysts have also recently issued reports about the stock. TD Securities boosted their price objective on shares of Sleep Country Canada Holdings from C$42.00 to C$45.00 and gave the company a “buy” rating in a research report on Wednesday, October 11th. Raymond James Financial, Inc. cut shares of Sleep Country Canada Holdings from an “outperform” rating to a “market perform” rating and set a C$40.00 price objective for the company. in a research report on Thursday. Finally, Scotiabank reissued an “outperform” rating and issued a C$44.00 price objective on shares of Sleep Country Canada Holdings in a research report on Tuesday. One investment analyst has rated the stock with a hold rating and four have given a buy rating to the company. The stock currently has an average rating of “Buy” and a consensus price target of C$42.17.

Sleep Country Canada Holdings (TSE ZZZ) traded down 2.80% during mid-day trading on Wednesday, hitting $37.80. 120,369 shares of the stock were exchanged. The firm has a market capitalization of $1.42 billion and a price-to-earnings ratio of 26.45. Sleep Country Canada Holdings has a 52 week low of $26.73 and a 52 week high of $42.36. The company’s 50-day moving average price is $35.98 and its 200 day moving average price is $37.20.

In related news, insider Dave Howcroft purchased 2,900 shares of the business’s stock in a transaction on Friday, August 25th. The shares were acquired at an average price of C$33.45 per share, for a total transaction of C$97,005.00.

Sleep Country Canada Holdings Company Profile

Sleep Country Canada Holdings Inc operates as a specialty mattress retailer in Canada. The company offers a range of mattresses; and sleep related products and accessories, such as bed frames, pillows, mattress pads, sheets, duvets, headboards, and footboards. As of September 6, 2017, it operated 244 corporate-owned stores, including 191 Sleep Country stores across Canada and 53 Dormez-vous stores in Quebec.

Earnings History and Estimates for Sleep Country Canada Holdings (TSE:ZZZ)

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