Several other research analysts have also commented on ZZZ. BMO Capital Markets decreased their price objective on shares of Sleep Country Canada from C$37.00 to C$35.00 in a report on Thursday, July 21st. CIBC decreased their price objective on shares of Sleep Country Canada from C$37.00 to C$35.00 and set an outperform rating for the company in a report on Tuesday, July 19th. Scotiabank upped their price objective on shares of Sleep Country Canada from C$46.00 to C$47.00 in a report on Sunday, May 8th. Royal Bank of Canada upped their price objective on shares of Sleep Country Canada from C$32.00 to C$34.00 and gave the stock a sector perform rating in a report on Tuesday. Finally, TD Securities increased their price target on shares of Sleep Country Canada from C$34.00 to C$39.00 and gave the stock a buy rating in a research note on Tuesday. Three research analysts have rated the stock with a hold rating and three have assigned a buy rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of Moderate Buy and a consensus target price of C$38.00.
Sleep Country Canada Trading Up 2.0 %
TSE:ZZZ opened at C$29.20 on Tuesday. The company has a quick ratio of 0.32, a current ratio of 1.03 and a debt-to-equity ratio of 93.84. Sleep Country Canada has a 52 week low of C$23.54 and a 52 week high of C$41.97. The firm has a market capitalization of C$1.08 billion and a P/E ratio of 11.06. The company has a fifty day moving average of C$26.15 and a 200 day moving average of C$28.55.
Sleep Country Canada Dividend Announcement
The company also recently disclosed a quarterly dividend, which will be paid on Monday, August 29th. Investors of record on Monday, August 29th will be given a dividend of $0.215 per share. This represents a $0.86 annualized dividend and a yield of 2.95%. The ex-dividend date is Thursday, August 18th. Sleep Country Canada’s dividend payout ratio (DPR) is 30.30%.
Insider Activity at Sleep Country Canada
In other news, Senior Officer Dave Howcroft acquired 1,872 shares of the business’s stock in a transaction that occurred on Monday, May 9th. The shares were bought at an average cost of C$26.70 per share, with a total value of C$49,982.40. Following the transaction, the insider now owns 15,169 shares of the company’s stock, valued at approximately C$405,012.30.
About Sleep Country Canada
Sleep Country Canada Holdings Inc engages in retailing mattress and bedding-related products in Canada. The company offers a range of mattresses, adjustable lifestyle bases, pillows, duvets, duvet covers, mattress toppers and protectors, pet beds, weighted blankets, throws, sheets, headboards, footboards, frames, mattress and pillowcases, platforms, metal frames, blankets, mattress pads, and other sleep accessories.
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