JUMP REPORT
| Avg Daily Volume: 520,951 Market Cap: 1.35B Sector: None Short Interest: 32.23 |
EARNINGS EXPECTATIONS:
THIS QTR: EPS: .79/share REV: 462.0/M
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LAST QTR: EPS: .03/share ACTUAL: .14/share (BEAT)
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NEXT QTR: EPS: .85/share REV: 423.0/M
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FULL YR: EPS: 2.59/share REV: 1,670/M
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*These are the base metrics we will be watching against the actual release numbers
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BEAT/MISS RECORD: 65% OF THE TIME THEY BEAT ESTIMATES
PRIOR ‘JUMP ZONE’ MOVES (LAST 3 QTRS %) 19.43, -19.84, 19.63
POTENTIAL JUMP MOVE: 15-20%
Links To Latest News and Headlines
MINNEAPOLIS, November 29, 2023–Today, Sleep Number Corporation (Nasdaq: SNBR), a wellness technology leader, announced it earned a spot in the 2024 Forbes Best Customer Service List. Sleep Number was selected following a year-long survey of 201,000 people in the U.S. who provided 4.2 million ratings on more than 3,000 brands. The list honors the top companies that customers say best serve their needs in dozens of categories, including knowledge and attitude of staff and speed of service.
There are 180 U.S.-listed stocks with market caps north of $200 million that have fallen by at least 50% this year. Chewy (NYSE: CHWY), Sleep Number (NASDAQ: SNBR), and Chegg (NYSE: CHGG) have plummeted 50%, 64%, and 59%, respectively, this year. Net sales rose 14% in its latest fiscal quarter, and 15% the period before that.
Worthington Steel Inc. (NYSE: WS) will be added to the S&P SmallCap 600 effective prior to the open of trading on Friday, December 1, replacing Sleep Number Corp. (NASD: SNBR) which will be removed from the S&P SmallCap 600 effective before the open of trading on Monday, December 4. S&P SmallCap 600 constituent Worthington Industries Inc. (NYSE: WOR) is spinning off Worthington Steel in a transaction expected to be completed on December 1. Post spin-off, the parent Worthington Industries will re
Potential Sleep Number Corporation ( NASDAQ:SNBR ) shareholders may wish to note that insider Stephen Macadam recently…
MINNEAPOLIS, November 16, 2023–Today, Sleep Number Corporation (Nasdaq: SNBR), a wellness technology leader, announced that – with the recommendation from a health care provider to help with a medical condition – sleepers may be able to apply their Health Savings Account (HSA) and Flex Spending Account (FSA) to their Sleep Number smart bed purchase. The cutting-edge Sleep Number smart beds provide unmatched value: they use the science of each individual’s personal sleep to effortlessly adjust f
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ANALYSIS:
StockJumpers preliminary trajectory analysis has this a potential miss on some of the metrics and the market reaction is negative. We will be working the studies until end of day.
We are biased short at this time.
UPDATE: we remain biased short going into the release.
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OUR TRADE PLAN:
ENTRY: SELL – end of day
STOP LOSS: NA
INITIAL PROFIT TARGET: 15%
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TRADE ASSIST: YES
POST RELEASE ACTION:
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There is a significant amount of data behind the scenes involved in the analysis and trade plan tab above, that does not get put into the report. Too much information for traders often confuses things – so this is striped down to only what it needed to make the best possible decision(s) on trading the trajectory.
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by Team Stockjumpers