Wedbush Starts Stock Coverage on Mattress Firm Holding Corp (MFRM)

By admin | 6 years ago

Investment analysts at Wedbush assumed coverage on shares of Mattress Firm Holding Corp (NASDAQ: MFRM) in a note issued to investors on Monday. The firm set an “outperform (n/a)” rating on the stock.

Shares of Mattress Firm Holding Corp opened at 35.56 on Monday. Mattress Firm Holding Corp has a 52 week low of $21.03 and a 52 week high of $48.18. The company has a market cap of $1.201 billion and a P/E ratio of 25.45.

Mattress Firm Holding Corp last announced its earnings results on Tuesday, April 10th. The company reported $0.56 earnings per share for the quarter, beating the analysts’ consensus estimate of $0.19 by $0.37. Mattress Firm Holding Corp’s revenue was up 47.9% compared to the same quarter last year. On average, analysts predict that Mattress Firm Holding Corp will post $0.27 earnings per share next quarter.

A number of other analysts have also recently weighed in on MFRM. Analysts at Barclays Capital (NYSE: BCS) reiterated an “overweight” rating on shares of Mattress Firm Holding Corp in a research note to investors on Friday. Separately, 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.

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

About the author