Somnigroup International Inc (NYSE:SGI) does about 1.89M shares in volume on a normal day but saw 1578468 shares change hands in the recent trading day. The company now has a market cap of 14.37B USD. Its current market price is $69.15, marking an increase of 0.54% compared to the previous close of $68.78. The 52 week high reached by this stock is $69.55 whilst the lowest price level in 52 weeks is $45.04.
Somnigroup International Inc (SGI) has a 20-day trading average at $64.20 and the current price is -0.58% off the 52-week high compared with 53.53% distance from its 52-week low. The 50-day simple moving average of the closing price is $59.37 and its 200-day simple moving average is $53.17. If we look at the stock’s price movements over the week, volatility stands at 2.75%, which increases to 2.81% over 1 month. It is also key to look at other market indicators of price movement for the stock, where we see that the relative strength index (RSI) is at 72.07 to suggest the stock is overbought.
The consensus objective for the share price is $74.50, suggesting that the stock has a potential upside of 7.18% over the period.
Wedbush also upgraded the stock to “Outperform” from Neutral on February 03, 2025 at a price target of $67-$80. Wedbush downgraded its price target at $52.
The current price level is 7.71%, 16.47%, and 30.06% away from its SMA20, SMA50, and SMA200 respectively, with the SGI price moving above the 50-day SMA on current market day. Somnigroup International Inc (SGI) stock is up 6.80% over the week and 16.14% over the past month. Its price is 21.98% year-to-date and 36.28% over the past year.
The company’s next earnings report forecasts estimating quarterly EPS at -0.02 and -0.05 for whole year. In addition, estimates put the company’s current quarterly revenue at an average of $29M.
To reach the target analysts have set, the stock logically needs to grow 7.18 percent from here.
The company has a return on investment of 11.66% and return on equity of 100.05%. The price to earnings ratio (P/E ratio) amounts to 31.62. The beta has a value of 1.61. Price to book ratio is 21.27 and price to sales ratio is 2.94.
