Select Comfort Stock Gaps Up On Today's Open (SCSS)

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.

null

More from Markets

OPEC Reaches Output Deal, But Won't Put Figure on Extra Barrels in Market

OPEC Reaches Output Deal, But Won't Put Figure on Extra Barrels in Market

Video: Stock Investors Shouldn't Fret About Oil Prices in the $60s

Video: Stock Investors Shouldn't Fret About Oil Prices in the $60s

Who Is Right: AT&T's CEO or People Obsessed With Netflix Stock?

Who Is Right: AT&T's CEO or People Obsessed With Netflix Stock?

Comcast's Brian Roberts vs. Disney's Bob Iger: Which Titan Will Nab Fox?

Comcast's Brian Roberts vs. Disney's Bob Iger: Which Titan Will Nab Fox?

Dow Set to Snap 8-Day Losing Streak as Stocks Recover, But Trade War Lingers

Dow Set to Snap 8-Day Losing Streak as Stocks Recover, But Trade War Lingers