Select Comfort Stock Gaps Up On Today's Open (SCSS)
Shares of Select Comfort Corporation (Nasdaq:SCSS) were gapping up Thursday morning with an open price 10.6% higher than Wednesday closing price. The stock closed at $10.49 yesterday and opened today's trading at $11.60.
NEW YORK ( TheStreet) -- Shares of Select Comfort Corporation (Nasdaq: SCSS) were gapping up Thursday morning with an open price 10.6% higher than Wednesday's closing price. The stock closed at $10.49 Wednesday and opened today's trading at $11.60. The average volume for Select Comfort has been 520,400 shares per day over the past 30 days. Select Comfort has a market cap of $565.8 million and is part of the consumer goods sector and consumer durables industry. Select Comfort Corporation develops, manufactures, markets, and distributes adjustable-firmness beds and other sleep-related accessory products in the United States, Alaska, Hawaii, Canada, and Australia. It offers its mattresses under the Sleep Number brand name. The company has a P/E ratio of 8.5, equal to the average consumer durables industry P/E ratio and below the S&P 500 P/E ratio of 23.5. TheStreet Ratings rates Select Comfort as a hold. The company's strengths can be seen in multiple areas, such as its notable return on equity, revenue growth and solid stock price performance. However, as a counter to these strengths, we find that the growth in the company's earnings per share has not been good. You can view the full Select Comfort Ratings Report.