Somnigroup International Inc. (NYSE:SGI) Receives Average Rating of “Moderate Buy” from Analysts

Shares of Somnigroup International Inc. (NYSE:SGI) have received a consensus rating of “Moderate Buy” from the ten research firms that are currently covering the stock, MarketBeat.com reports. One analyst has rated the stock with a sell rating, two have assigned a hold rating and seven have issued a buy rating on the company. The average twelve-month target price among analysts that have updated their coverage on the stock in the last year is $94.50.

Several research firms recently issued reports on SGI. Zelman & Associates assumed coverage on shares of Somnigroup International in a report on Tuesday, June 23rd. They set an “outperform” rating and a $99.00 price target for the company. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of Somnigroup International in a report on Friday, August 21st. Truist Financial dropped their target price on Somnigroup International from $115.00 to $100.00 and set a “buy” rating on the stock in a research report on Friday, August 7th. Morgan Stanley assumed coverage on Somnigroup International in a research report on Monday, July 27th. They set an “overweight” rating and a $95.00 target price on the stock. Finally, Wall Street Zen downgraded Somnigroup International from a “hold” rating to a “sell” rating in a research note on Saturday, August 15th.

Somnigroup International Stock Performance

Shares of SGI opened at $62.95 on Thursday. The company has a debt-to-equity ratio of 1.33, a quick ratio of 0.37 and a current ratio of 0.75. The stock has a market capitalization of $13.24 billion, a P/E ratio of 25.18, a P/E/G ratio of 1.44 and a beta of 1.20. The company’s fifty day moving average is $70.75 and its two-hundred day moving average is $74.94. Somnigroup International has a 1 year low of $60.39 and a 1 year high of $98.56.

Somnigroup International (NYSE:SGI) last announced its quarterly earnings data on Thursday, August 6th. The company reported $0.58 EPS for the quarter, hitting analysts’ consensus estimates of $0.58. Somnigroup International had a net margin of 7.00% and a return on equity of 19.32%. The company had revenue of $1.82 billion during the quarter. During the same quarter in the previous year, the company posted $0.53 EPS. The firm’s quarterly revenue was down 3.0% compared to the same quarter last year. Somnigroup International has set its FY 2026 guidance at 2.850-3.150 EPS. On average, sell-side analysts predict that Somnigroup International will post 3.02 earnings per share for the current year.

Somnigroup International Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, September 3rd. Shareholders of record on Thursday, August 20th will be issued a $0.17 dividend. The ex-dividend date of this dividend is Thursday, August 20th. This represents a $0.68 dividend on an annualized basis and a yield of 1.1%. Somnigroup International’s dividend payout ratio (DPR) is 27.20%.

Institutional Investors Weigh In On Somnigroup International

Several institutional investors have recently made changes to their positions in SGI. Core Wealth Advisors LLC purchased a new position in shares of Somnigroup International in the 4th quarter valued at about $30,000. Allworth Financial LP purchased a new stake in Somnigroup International during the second quarter worth about $31,000. Elyxium Wealth LLC acquired a new position in Somnigroup International during the fourth quarter worth about $35,000. Danske Bank A S acquired a new stake in shares of Somnigroup International in the 2nd quarter worth approximately $39,000. Finally, Mirae Asset Global Investments Co. Ltd. acquired a new stake in shares of Somnigroup International in the 4th quarter worth approximately $42,000. 99.86% of the stock is currently owned by hedge funds and other institutional investors.

Somnigroup International Company Profile

Somnigroup International Inc, together with its subsidiaries, designs, manufactures, distributes, and retails bedding products in the United States and internationally. It provides mattresses, foundations and adjustable foundations, and adjustable bases, as well as other products comprising pillows, mattress covers, sheets, cushions, and various other accessories and comfort products under the Tempur-Pedic, Sealy, Stearns & Foster, Sealy, and Cocoon by Sealy brand names. The company sells its products through approximately company-owned stores, online, and call centers; and third party retailers, including third party distribution, hospitality, and healthcare.