Sleep Country Canada Holdings Inc (ZZZ) Insider Sells C$50,400.00 in Stock

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Sleep Country Canada Holdings Inc (TSE:ZZZ) insider Stewart Schaefer sold 1,500 shares of the stock in a transaction on Monday, June 11th. The shares were sold at an average price of C$33.60, for a total value of C$50,400.00.

Stewart Schaefer also recently made the following trade(s):

  • On Monday, June 18th, Stewart Schaefer sold 400 shares of Sleep Country Canada stock. The shares were sold at an average price of C$34.19, for a total value of C$13,676.00.
  • On Monday, June 4th, Stewart Schaefer sold 8,700 shares of Sleep Country Canada stock. The shares were sold at an average price of C$32.25, for a total value of C$280,575.00.
  • On Wednesday, June 6th, Stewart Schaefer sold 900 shares of Sleep Country Canada stock. The shares were sold at an average price of C$33.05, for a total value of C$29,745.00.

Shares of Sleep Country Canada opened at C$32.57 on Friday, MarketBeat Ratings reports. Sleep Country Canada Holdings Inc has a 12 month low of C$31.07 and a 12 month high of C$42.03.

Sleep Country Canada (TSE:ZZZ) last issued its quarterly earnings data on Monday, May 7th. The company reported C$0.30 EPS for the quarter, hitting the Thomson Reuters’ consensus estimate of C$0.30. The business had revenue of C$135.28 million for the quarter, compared to the consensus estimate of C$137.55 million. Sleep Country Canada had a return on equity of 32.40% and a net margin of 12.88%.

The company also recently announced a quarterly dividend, which was paid on Thursday, May 31st. Shareholders of record on Tuesday, May 22nd were issued a dividend of $0.185 per share. This represents a $0.74 dividend on an annualized basis and a yield of 2.27%. The ex-dividend date of this dividend was Friday, May 18th. This is a boost from Sleep Country Canada’s previous quarterly dividend of $0.17.

ZZZ has been the topic of a number of analyst reports. TD Securities increased their price target on Sleep Country Canada from C$41.00 to C$43.00 and gave the company a “hold” rating in a research note on Monday, March 5th. Laurentian raised their price objective on Sleep Country Canada from C$40.00 to C$41.00 and gave the stock a “buy” rating in a research note on Monday, March 5th. BMO Capital Markets raised their price objective on Sleep Country Canada from C$41.00 to C$42.00 and gave the stock an “outperform” rating in a research note on Monday, March 5th. CIBC raised their price objective on Sleep Country Canada from C$40.00 to C$43.00 in a research note on Monday, March 5th. Finally, National Bank Financial raised their price objective on Sleep Country Canada from C$40.00 to C$43.00 and gave the stock an “outperform” rating in a research note on Monday, March 5th. One analyst has rated the stock with a hold rating and six have issued a buy rating to the stock. The stock currently has a consensus rating of “Buy” and a consensus target price of C$41.63.

Sleep Country Canada Company Profile

Sleep Country Canada Holdings Inc engages in retailing mattress and bedding related products in Canada. The company offers a range of mattresses, adjustable lifestyle bases, pillows, duvets, sheets, headboards, frames, mattress protectors, pillow protectors, and other sleep accessories. The company operates under the Dormez-vous and Sleep Country Canada retail banners.

Insider Buying and Selling by Quarter for Sleep Country Canada (TSE:ZZZ)

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