Barclays Capital Reaffirms Overweight Rating on Mattress Firm Holding Corp (MFRM)

By admin | 6 years ago

Mattress Firm Holding Corp (NASDAQ: MFRM)‘s stock had its “overweight” rating restated by analysts at Barclays Capital (NYSE: BCS) in a research report issued to clients and investors on Friday.

A number of other analysts have also recently weighed in on MFRM. Analysts at Piper Jaffray (NYSE: PJC) initiated coverage on shares of Mattress Firm Holding Corp in a research note to investors on Friday. They set an “overweight” rating and a $45.00 price target on the stock. Separately, analysts at Stifel Nicolaus initiated coverage on shares of Mattress Firm Holding Corp in a research note to investors on Thursday, April 12nd. They set a “hold” rating on the stock. Finally, analysts at UBS AG (NYSE: UBS) raised their price target on shares of Mattress Firm Holding Corp from $39.00 to $50.00 in a research note to investors on Wednesday, April 11st. They now have a “buy” rating on the stock.

Mattress Firm Holding Corp traded up 0.26% on Friday, hitting $34.44. Mattress Firm Holding Corp has a 1-year low of $21.03 and a 1-year high of $48.18. The company has a market cap of $1.163 billion and a price-to-earnings ratio of 24.59.

Mattress Firm Holding Corp last released its earnings data on Tuesday, April 10th. The company reported $0.56 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.19 by $0.37. The company’s revenue for the quarter was up 47.9% on a year-over-year basis. Analysts expect that Mattress Firm Holding Corp will post $0.27 EPS next quarter.

Mattress Firm Holding Corp. (Mattress Firm) is a specialty retailer of mattresses and related products and accessories in the United States.

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