Somnigroup International (NYSE:SGI – Get Free Report) issued an update on its FY 2026 earnings guidance on Monday morning. The company provided earnings per share (EPS) guidance of 2.850-2.950 for the period, compared to the consensus estimate of 3.110.
Analyst Ratings Changes
A number of research analysts recently issued reports on the company. UBS Group boosted their price objective on Somnigroup International from $94.00 to $102.00 and gave the company a “buy” rating in a research note on Thursday, September 3rd. Morgan Stanley started coverage on Somnigroup International in a research report on Monday, July 27th. They issued an “overweight” rating and a $95.00 price target for the company. Weiss Ratings reiterated a “hold (c+)” rating on shares of Somnigroup International in a report on Friday, August 21st. Wall Street Zen raised shares of Somnigroup International from a “sell” rating to a “hold” rating in a research report on Saturday, September 5th. Finally, Piper Sandler reissued an “overweight” rating and issued a $100.00 price objective (up from $95.00) on shares of Somnigroup International in a research note on Thursday, September 3rd. Eight investment analysts have rated the stock with a Buy rating and two have given a Hold rating to the company’s stock. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $95.00.
Read Our Latest Stock Report on SGI
Somnigroup International Stock Up 3.7%
Shares of Somnigroup International stock traded up $2.36 during trading on Monday, reaching $66.53. The company’s stock had a trading volume of 7,260,746 shares, compared to its average volume of 2,815,644. The company has a 50-day simple moving average of $64.44 and a two-hundred day simple moving average of $73.22. Somnigroup International has a 1-year low of $60.08 and a 1-year high of $98.56. The company has a market cap of $14.00 billion, a price-to-earnings ratio of 26.61, a P/E/G ratio of 1.05 and a beta of 1.30. The company has a quick ratio of 0.37, a current ratio of 0.75 and a debt-to-equity ratio of 1.33.
Somnigroup International (NYSE:SGI – Get Free Report) last posted its quarterly earnings results on Monday, November 9th. The company reported $1.04 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.06 by ($0.02). Somnigroup International had a return on equity of 19.32% and a net margin of 7.00%. The company had revenue of $2.35 billion during the quarter. During the same period in the prior year, the company posted $0.95 earnings per share. The company’s revenue was up 10.8% on a year-over-year basis. Somnigroup International has set its FY 2026 guidance at 2.850-2.950 EPS. As a group, equities analysts forecast that Somnigroup International will post 3.10 earnings per share for the current year.
Insider Buying and Selling
In other Somnigroup International news, CEO Scott Thompson purchased 30,000 shares of the business’s stock in a transaction that occurred on Thursday, August 27th. The stock was purchased at an average price of $62.84 per share, for a total transaction of $1,885,200.00. Following the purchase, the chief executive officer directly owned 4,123,634 shares in the company, valued at approximately $259,129,160.56. This trade represents a 0.73% increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Corporate insiders own 3.99% of the company’s stock.
Key Headlines Impacting Somnigroup International
Here are the key news stories impacting Somnigroup International this week:
- Positive Sentiment: Third-quarter net sales rose 11% year over year to about $2.4 billion. Adjusted EPS increased 9.5% to $1.04, and operating cash flow was strong at $349 million. Somnigroup International reports third-quarter 2026 results
- Positive Sentiment: The board declared a fourth-quarter cash dividend of $0.17 per share, payable December 7 to shareholders of record November 23. Somnigroup announces fourth-quarter cash dividend
- Negative Sentiment: Somnigroup forecast FY 2026 EPS of $2.85–$2.95, below the roughly $3.11 analyst consensus. The shortfall in expected earnings could weigh on investor sentiment. Somnigroup International reports third-quarter 2026 results
- Negative Sentiment: Adjusted EPS of $1.04 narrowly missed the $1.06 consensus estimate. GAAP EPS was $0.74, down 10.8% year over year, despite revenue growth. Somnigroup lags third-quarter earnings and revenue estimates
Somnigroup International Company Profile
Somnigroup International, Inc is a bedding company that designs, manufactures, distributes and sells mattresses and related sleep products. Its offerings include adjustable bases, pillows and other bedding accessories, marketed under brands such as Tempur-Pedic, Sealy and Stearns & Foster.
The company also operates Mattress Firm, a mattress retailer with stores across the United States. Through its brands, retail business and other sales channels, Somnigroup serves customers in the U.S.
Recommended Stories
- Five stocks we like better than Somnigroup International
- Wall Street May Be Making a Big Mistake With monday.com Stock
- Are These 2 Mid-Cap Growth Stocks Worth the Risk?
- Oklo Changes the Narrative: Does a Nuclear Stock Price Explosion Come Next?
- Cloudflare’s 20% Sell-Off May Have Created an Opening for Investors
Receive News & Ratings for Somnigroup International Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Somnigroup International and related companies with MarketBeat.com's FREE daily email newsletter.
