Should I buy or sell Sleep Country Canada stock right now?

6 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Sleep Country Canada in the last year. There are currently 3 hold ratings and 3 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" ZZZ shares. View ZZZ analyst ratings or view top-rated stocks .

What is Sleep Country Canada's stock price target for 2024?

6 analysts have issued 12-month price targets for Sleep Country Canada's shares. Their ZZZ share price targets range from C$28.00 to C$35.00. On average, they predict the company's share price to reach C$32.43 in the next twelve months. This suggests a possible upside of 16.6% from the stock's current price. View analysts price targets for ZZZ or view top-rated stocks among Wall Street analysts .

How have ZZZ shares performed in 2024?

Sleep Country Canada's stock was trading at C$25.61 at the beginning of the year. Since then, ZZZ stock has increased by 8.6% and is now trading at C$27.82. View the best growth stocks for 2024 here .

When is Sleep Country Canada's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Tuesday, May 7th 2024. View our ZZZ earnings forecast .

How were Sleep Country Canada's earnings last quarter?

Sleep Country Canada Holdings Inc. (TSE:ZZZ) posted its quarterly earnings results on Wednesday, March, 6th. The company reported $0.56 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.55 by $0.01. The business had revenue of $255.60 million for the quarter, compared to analysts' expectations of $247.85 million. Sleep Country Canada had a trailing twelve-month return on equity of 16.85% and a net margin of 7.61%.

How often does Sleep Country Canada pay dividends? What is the dividend yield for Sleep Country Canada?

Sleep Country Canada declared a quarterly dividend on Tuesday, February 20th. Investors of record on Thursday, February 29th will be paid a dividend of 0.237 per share on Thursday, February 29th. This represents a $0.95 annualized dividend and a dividend yield of 3.41%. The ex-dividend date is Tuesday, February 20th. Read our dividend analysis for ZZZ .

Is Sleep Country Canada a good dividend stock?

Sleep Country Canada (TSE:ZZZ) pays an annual dividend of C$0.95 per share and currently has a dividend yield of 3.16%. The dividend payout ratio is 46.57%. This payout ratio is at a healthy, sustainable level, below 75%. Read our dividend analysis for ZZZ .

What other stocks do shareholders of Sleep Country Canada own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Sleep Country Canada investors own include Intact Financial (IFC) , Constellation Software (CSU) , AutoCanada (ACQ) , Alimentation Couche-Tard (ATD.B) , AbbVie (ABBV) , Vermilion Energy (VET) , Wheaton Precious Metals (WPM) , Open Text (OTEX) , Toronto-Dominion Bank (TD) and Rogers Communications (RCI) .

How do I buy shares of Sleep Country Canada?

Shares of ZZZ stock and other Canadian stocks can be purchased through an online brokerage account. Popular online brokerages with access to the Canadian stock market include BMO InvestorLine, CIBC Investor's Edge, Desjardins Online Brokerage, HSBC InvestDirect, Laurentian Bank Discount Brokerage, National Bank Direct Brokerage, Qtrade Investor , Questrade, RBC Direct Investing, Scotia iTrade, TD Direct Investing, and Virtual Brokers. Compare Top Brokerages Here .

TSE:ZZZ

Sleep Country Canada (ZZZ) Stock Price, News & Analysis

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Free ZZZ Stock Alerts

C$27.82

+0.37 (+1.35%)

(As of 04/17/2024 ET)

Compare

Today's Range: C$27.54
▼
C$28.08
50-Day Range: C$26.51
▼
C$30.42
52-Week Range: C$21.31
▼
C$30.50

Volume: 35,934 shs
Average Volume: 66,468 shs
Market Capitalization: C$932.80 million

P/E Ratio: 13.64
Dividend Yield: 3.41%
Price Target: C$32.43

Stock Analysis Analyst Forecasts Chart Competitors Dividend Earnings Headlines Insider Trades

Get Sleep Country Canada alerts:

Sleep Country Canada MarketRank™ Stock Analysis

Analyst Rating: Moderate Buy
2.50 Rating Score
Upside/Downside: 16.6% Upside
C$32.43 Price Target
Short Interest: N/A
Dividend Strength: Weak
Based on Four Factors
Sustainability: N/A
News Sentiment: N/A
Insider Trading: Selling Shares
C$406,103 Sold Last Quarter
Proj. Earnings Growth: N/A

Overall MarketRank^™

New Rank-Based ScoringMarketRank^™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

3.43 out of 5 stars

3.3

Analyst's Opinion

Consensus Rating
Sleep Country Canada has received a consensus rating of Moderate Buy. The company's average rating score is 2.50, and is based on 3 buy ratings, 3 hold ratings, and no sell ratings.
Amount of Analyst Coverage
Sleep Country Canada has been the subject of 6 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

N/A

Short Interest

Short Interest
There is no current short interest data available for ZZZ.

1.7

Dividend Strength

Dividend Yield
Sleep Country Canada pays a meaningful dividend of 3.16%, higher than the bottom 25% of all stocks that pay dividends.
Dividend Growth
Sleep Country Canada does not have a long track record of dividend growth.
Dividend Coverage
The dividend payout ratio of Sleep Country Canada is 46.57%. This payout ratio is at a healthy, sustainable level, below 75%.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for ZZZ.

2.6

News and Social Media Coverage

News Sentiment
Sleep Country Canada has a news sentiment score of 0.66. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.27 average news sentiment score of Consumer Cyclical companies.
News Coverage This Week
MarketBeat has tracked 1 news article for Sleep Country Canada this week, compared to 1 article on an average week.
MarketBeat Follows
3 people have added Sleep Country Canada to their MarketBeat watchlist in the last 30 days.

1.7

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Sleep Country Canada insiders have sold more of their company's stock than they have bought. Specifically, they have bought C$0.00 in company stock and sold C$406,103.00 in company stock.
Percentage Held by Insiders
Only 1.62% of the stock of Sleep Country Canada is held by insiders.
Percentage Held by Institutions
59.27% of the stock of Sleep Country Canada is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

2.5

Earnings and Valuation

Price to Earnings Ratio vs. the Market
The P/E ratio of Sleep Country Canada is 13.64, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 139.89.
Price to Earnings Ratio vs. Sector
The P/E ratio of Sleep Country Canada is 13.64, which means that it is trading at a less expensive P/E ratio than the Consumer Cyclical sector average P/E ratio of about 348.37.
Price to Earnings Growth Ratio
Sleep Country Canada has a PEG Ratio of 0.39. PEG Ratios below 1 indicate that a company could be undervalued.
Price to Book Value per Share Ratio
Sleep Country Canada has a P/B Ratio of 2.20. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

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About Sleep Country Canada Stock (TSE:ZZZ)

Sleep Country Canada Holdings Inc. retails mattress, bedding, and specialty sleep products in Canada. It offers sheets, pillows, mattresses, sleep wear, and various sleep accessories, as well as bed frames. The company also provides pillowcases, weighted blankets, mattress protectors, mattress toppers, full and platform beds, pet beds, lifestyle adjustable bases, duvets and duvet covers, pillow protectors, sleep and lounge wear, headboards, and bed frames. In addition, it offers comforter sets, throws, decorative cushions, robes, kids shop, and bean bags, as well as cribs, accent furniture, and mattress pads. The company operates under the Sleep Country, Dormez-vous, Casper, Endy, Hush, and Silk & Snow retail banners. The company also sells products through various eCommerce platforms. Sleep Country Canada Holdings Inc. was founded in 1994 and is headquartered in Brampton, Canada.

ZZZ Stock Price History

30 days | 90 days | 365 days | Advanced Chart

ZZZ Stock News Headlines

March 20, 2024 | insidertrades.com

Sleep Country Canada Holdings Inc. (TSE:ZZZ) Senior Officer Craig Depratto Sells 8,661 Shares

April 16, 2024 | morningstar.com

Sleep Country Canada Holdings Inc

April 17, 2024 | Paradigm Press (Ad)

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Recently, Bitcoin smashed through its previous record high to hit $72,720. It’s made many, many people very rich. But one cryptocurrency expert and investing millionaire is declaring…

April 10, 2024 | americanbankingnews.com

Sleep Country Canada (TSE:ZZZ) Share Price Passes Below 50 Day Moving Average of $28.41

April 4, 2024 | finance.yahoo.com

SLEEP COUNTRY CANADA HOLDINGS INC. ANNOUNCES FIRST QUARTER FISCAL 2024 EARNINGS RELEASE AND CONFERENCE CALL SCHEDULE

April 3, 2024 | yahoo.com

Sweet Zzz bamboo sheets: Save up to 50% at this bedding sale

March 17, 2024 | msn.com

Hundreds in Mexico City take a ‘mass nap’ to commemorate World Sleep Day

March 15, 2024 | finance.yahoo.com

Dormez-vous to Deliver A Great Night's Sleep to More Quebecers with New Outremont Location

April 17, 2024 | Paradigm Press (Ad)

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Recently, Bitcoin smashed through its previous record high to hit $72,720. It’s made many, many people very rich. But one cryptocurrency expert and investing millionaire is declaring…

March 12, 2024 | msn.com

Is Sleep Country Canada Stock a Smart Buy Right Now?

March 8, 2024 | finance.yahoo.com

Sleep Country Canada Holdings Reports Full Year 2023 Earnings

March 6, 2024 | finance.yahoo.com

Sleep Country Reports Q4 Revenue Growth of 5.2% and Annual Revenue Growth of 0.7%

March 4, 2024 | finance.yahoo.com

Sleep Country Sheds Light on the Impact of Daylight Saving Time on Sleep and Mental Health During Sleep Awareness Month

February 23, 2024 | ca.finance.yahoo.com

Stocks in play: Sleep Country Holdings

February 23, 2024 | finance.yahoo.com

Calculating The Intrinsic Value Of Sleep Country Canada Holdings Inc. (TSE:ZZZ)

February 23, 2024 | finance.yahoo.com

Dormez-vous to Deliver A Great Night's Sleep to More Quebecers with New Les Saules Location

February 16, 2024 | finance.yahoo.com

Sleep Country Brings the Power of Sleep to Etobicoke with New Store Location

February 7, 2024 | finance.yahoo.com

Canadian Sleep Brand Endy's Adjustable Bed Wins 2024 Product of the Year

February 3, 2024 | au.lifestyle.yahoo.com

These silky PJs are a no-brainer Valentine's Day gift — and they're on sale starting at just $24

January 14, 2024 | msn.com

2 Tremendous Passive-Income Stocks for 2024

January 8, 2024 | finance.yahoo.com

Investors in Sleep Country Canada Holdings (TSE:ZZZ) have seen respectable returns of 43% over the past five years

December 20, 2023 | theglobeandmail.com

Sleep Country Canada: Top 10 Undervalued Retail - Cyclical Industry Stocks (ZZZ)

December 8, 2023 | finance.yahoo.com

Sleep Country Awakens More Albertans to the Power of Sleep with New Calgary Location

December 4, 2023 | msn.com

2 of the Best Value Stocks on the TSX Today

November 18, 2023 | finance.yahoo.com

Here's What We Like About Sleep Country Canada Holdings' (TSE:ZZZ) Upcoming Dividend

November 10, 2023 | msn.com

Mattress retailer Sleep Country reports Q3 profit down from year ago

October 30, 2023 | ca.finance.yahoo.com

3 Cheap TSX Stocks to Buy in November 2023

See More Headlines

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Company Calendar

Ex-Dividend for 2/29 Dividend: 2/20/2024
Dividend Payable: 2/29/2024
Last Earnings: 3/06/2024
Today: 4/17/2024
Next Earnings (Confirmed): 5/07/2024

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: TSE
Sector: Consumer Cyclical
Industry: Specialty Retail
Sub-Industry: N/A
Current Symbol: TSE:ZZZ
CUSIP: N/A
CIK: N/A
Web: www.sleepcountry.ca
Phone: +1-416-2424774
Fax: N/A
Employees: 1,696
Year Founded: N/A

Price Target and Rating

Average Stock Price Target: C$32.43
High Stock Price Target: C$35.00
Low Stock Price Target: C$28.00
Potential Upside/Downside: +16.4%
Consensus Rating: Moderate Buy
Rating Score (0-4): 2.50
Research Coverage: 6 Analysts

Profitability

EPS (Most Recent Fiscal Year): C$2.04
Trailing P/E Ratio: 13.65
Forward P/E Ratio: 11.75
P/E Growth: 0.39
Net Income: C$71.19 million
Net Margins: 7.61%
Pretax Margin: N/A
Return on Equity: 16.85%
Return on Assets: 7.08%

Debt

Debt-to-Equity Ratio: 113.72
Current Ratio: 0.86
Quick Ratio: 0.35

Sales & Book Value

Annual Sales: C$935.04 million
Price / Sales: 1.00
Cash Flow: C$1.91 per share
Price / Cash Flow: 14.57
Book Value: C$12.64 per share
Price / Book: 2.20

Miscellaneous

Outstanding Shares: 33,530,000
Free Float: N/A
Market Cap: C$933.81 million
Optionable: Not Optionable
Beta: 1.59

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Key Executives

Mr. Stewart Schaefer (Age 59)
President, CEO & Director
Comp: $1.25M
Mr. Craig De Pratto (Age 40)
CFO & Corporate Secretary
Comp: $690.14k
Mr. David Howcroft (Age 53)
Chief Sales Officer
Comp: $957.71k
Ms. Lynne Feldman (Age 57)
Chief People Officer
Comp: $517.09k
Ms. Alexandra Voyevodina-Wang
President & GM of Endy Canada Inc

Key Competitors

View All Competitors

Insiders

View All Insider Transactions

ZZZ Stock Analysis - Frequently Asked Questions

Should I buy or sell Sleep Country Canada stock right now?: 6 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Sleep Country Canada in the last year. There are currently 3 hold ratings and 3 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" ZZZ shares.
View ZZZ analyst ratings or view top-rated stocks.
What is Sleep Country Canada's stock price target for 2024?: 6 analysts have issued 12-month price targets for Sleep Country Canada's shares. Their ZZZ share price targets range from C$28.00 to C$35.00. On average, they predict the company's share price to reach C$32.43 in the next twelve months. This suggests a possible upside of 16.6% from the stock's current price.
View analysts price targets for ZZZ or view top-rated stocks among Wall Street analysts.
How have ZZZ shares performed in 2024?: Sleep Country Canada's stock was trading at C$25.61 at the beginning of the year. Since then, ZZZ stock has increased by 8.6% and is now trading at C$27.82.
View the best growth stocks for 2024 here.
When is Sleep Country Canada's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Tuesday, May 7th 2024.
View our ZZZ earnings forecast.
How were Sleep Country Canada's earnings last quarter?: Sleep Country Canada Holdings Inc. (TSE:ZZZ) posted its quarterly earnings results on Wednesday, March, 6th. The company reported $0.56 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.55 by $0.01. The business had revenue of $255.60 million for the quarter, compared to analysts' expectations of $247.85 million. Sleep Country Canada had a trailing twelve-month return on equity of 16.85% and a net margin of 7.61%.

How often does Sleep Country Canada pay dividends? What is the dividend yield for Sleep Country Canada?: Sleep Country Canada declared a quarterly dividend on Tuesday, February 20th. Investors of record on Thursday, February 29th will be paid a dividend of 0.237 per share on Thursday, February 29th. This represents a $0.95 annualized dividend and a dividend yield of 3.41%. The ex-dividend date is Tuesday, February 20th.
Read our dividend analysis for ZZZ.
Is Sleep Country Canada a good dividend stock?: Sleep Country Canada (TSE:ZZZ) pays an annual dividend of C$0.95 per share and currently has a dividend yield of 3.16%. The dividend payout ratio is 46.57%. This payout ratio is at a healthy, sustainable level, below 75%.
Read our dividend analysis for ZZZ.
What other stocks do shareholders of Sleep Country Canada own?: Based on aggregate information from My MarketBeat watchlists, some companies that other Sleep Country Canada investors own include Intact Financial (IFC), Constellation Software (CSU), AutoCanada (ACQ), Alimentation Couche-Tard (ATD.B), AbbVie (ABBV), Vermilion Energy (VET), Wheaton Precious Metals (WPM), Open Text (OTEX), Toronto-Dominion Bank (TD) and Rogers Communications (RCI).
How do I buy shares of Sleep Country Canada?: Shares of ZZZ stock and other Canadian stocks can be purchased through an online brokerage account. Popular online brokerages with access to the Canadian stock market include BMO InvestorLine, CIBC Investor's Edge, Desjardins Online Brokerage, HSBC InvestDirect, Laurentian Bank Discount Brokerage, National Bank Direct Brokerage, Qtrade Investor, Questrade, RBC Direct Investing, Scotia iTrade, TD Direct Investing, and Virtual Brokers.
Compare Top Brokerages Here.

This page (TSE:ZZZ) was last updated on 4/17/2024 by MarketBeat.com Staff

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Sleep Country Canada (ZZZ) Stock Price, News & Analysis

Sleep Country Canada MarketRank™ Stock Analysis

Overall MarketRank™

Analyst's Opinion

Short Interest

Short Interest

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

News and Social Media Coverage

News Sentiment

News Coverage This Week

MarketBeat Follows

Company Ownership

Earnings and Valuation

About Sleep Country Canada Stock (TSE:ZZZ)

ZZZ Stock Price History

ZZZ Stock News Headlines

Company Calendar

Industry, Sector and Symbol

Price Target and Rating

Profitability

Debt

Sales & Book Value

Miscellaneous

Key Executives

Key Competitors

Insiders

ZZZ Stock Analysis - Frequently Asked Questions

Overall MarketRank^™