Somnigroup International (NYSE:SGI – Get Free Report) updated its FY 2026 earnings guidance on Thursday morning. The company provided EPS guidance of 2.850-3.150 for the period, compared to the consensus estimate of 3.150. The company issued revenue guidance of -.
Analyst Ratings Changes
Several research analysts have commented on SGI shares. Weiss Ratings downgraded Somnigroup International from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Tuesday, May 26th. UBS Group dropped their price objective on shares of Somnigroup International from $110.00 to $105.00 and set a “buy” rating for the company in a research note on Friday, May 8th. Zelman & Associates assumed coverage on shares of Somnigroup International in a research note on Tuesday, June 23rd. They set an “outperform” rating and a $99.00 target price on the stock. Morgan Stanley assumed coverage on shares of Somnigroup International in a report on Monday, July 27th. They set an “overweight” rating and a $95.00 price target for the company. Finally, Stephens reissued an “equal weight” rating and set a $89.00 price objective on shares of Somnigroup International in a report on Tuesday, April 14th. Six research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company’s stock. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price of $98.14.
View Our Latest Stock Report on Somnigroup International
Somnigroup International Trading Up 0.1%
Somnigroup International (NYSE:SGI – Get Free Report) last released its quarterly earnings results on Thursday, August 6th. The company reported $0.58 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.58. The firm had revenue of $1.82 billion during the quarter. Somnigroup International had a net margin of 6.80% and a return on equity of 19.62%. Somnigroup International has set its FY 2026 guidance at 2.850-3.150 EPS. As a group, research analysts predict that Somnigroup International will post 3.15 earnings per share for the current year.
Institutional Investors Weigh In On Somnigroup International
A number of institutional investors have recently made changes to their positions in the stock. JPMorgan Chase & Co. increased its position in shares of Somnigroup International by 7.3% during the fourth quarter. JPMorgan Chase & Co. now owns 3,429,208 shares of the company’s stock worth $306,160,000 after buying an additional 232,953 shares during the period. Third Point LLC lifted its stake in shares of Somnigroup International by 13.3% in the 4th quarter. Third Point LLC now owns 3,400,000 shares of the company’s stock valued at $303,552,000 after purchasing an additional 400,000 shares during the period. Invesco Ltd. boosted its position in shares of Somnigroup International by 14.4% during the 4th quarter. Invesco Ltd. now owns 1,639,022 shares of the company’s stock valued at $146,332,000 after purchasing an additional 205,946 shares in the last quarter. Charles Schwab Investment Management Inc. boosted its position in shares of Somnigroup International by 0.3% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 1,374,844 shares of the company’s stock valued at $122,746,000 after purchasing an additional 4,237 shares in the last quarter. Finally, Morgan Stanley grew its stake in Somnigroup International by 10.1% during the fourth quarter. Morgan Stanley now owns 1,178,755 shares of the company’s stock worth $105,239,000 after purchasing an additional 107,898 shares during the period. Institutional investors own 99.86% of the company’s stock.
About Somnigroup International
Somnigroup International Inc, together with its subsidiaries, designs, manufactures, distributes, and retails bedding products in the United States and internationally. It provides mattresses, foundations and adjustable foundations, and adjustable bases, as well as other products comprising pillows, mattress covers, sheets, cushions, and various other accessories and comfort products under the Tempur-Pedic, Sealy, Stearns & Foster, Sealy, and Cocoon by Sealy brand names. The company sells its products through approximately company-owned stores, online, and call centers; and third party retailers, including third party distribution, hospitality, and healthcare.
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