Zelman & Assoc Reiterates Buy Rating on Somnigroup International
Zelman & Assoc reaffirmed its buy rating for Somnigroup International, setting a price target of $99, a 25.97% upside from the current price.
Key Points
- Zelman & Assoc reiterated its buy rating on Somnigroup International, setting a price target of $99.
- Zelman & Assoc's $99 price target implies 25.97% upside from Somnigroup International Inc.'s ($SGI) current $78.59 share price.
- Shares of NYSE:SGI traded near $72.96 on Tuesday, with a market cap of $15.3 billion and a P/E ratio of 29.2.
- Insiders at Somnigroup have been active, with recent trades by CEO Steven Rusing and others in May.
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Zelman & Assoc has reiterated its buy rating on Somnigroup International Inc. (NYSE:SGI), maintaining a price target of $99. This reaffirmation comes as shares of Somnigroup traded near $72.96 on Tuesday.
Zelman & Assoc vs. the S&P 500
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Somnigroup International Inc. Stock Up 22.1%
Shares of NYSE:SGI traded around $72.96 on Tuesday. Somnigroup International has a market capitalization of approximately $15.3 billion and a P/E ratio of 29.2. The stock's 52-week range shows a low of $60.39 and a high of $98.56. Its 50-day moving average is $72.75, while the 200-day moving average is $82.93. With a beta of 1.206, the company has a current ratio of 0.776 and a quick ratio of 0.28, indicating its liquidity position. The debt-to-equity ratio stands at 207.096.
$SGI price target
Past daily closes and this analyst's 12-month price target. Not investment advice.
Recent Earnings
For its most recent period, Somnigroup International reported revenue of $7.67 billion, reflecting a growth rate of 12.3%. The company's earnings per share stood at $2.50, with a net margin of 6.8% and a return on equity of 17.7%. The next earnings release is scheduled for August 6, 2026.
Dividend
Somnigroup pays an annual dividend rate of $0.68, which translates to a yield of 0.91%. The dividend payout ratio is 24.8%, suggesting a conservative approach to dividend payments.
Insider Buying and Selling at Somnigroup International Inc.
Insider activity at Somnigroup has been notable. On May 22, 2026, Steven Rusing, President & CEO of Mattress Firm, sold 10,448 shares at no specified price and later bought the same amount at an average price of $15.61. On the same day, he sold 6,657 shares at an average price of $66.93. Earlier, on May 14, 2026, Simon Dyer sold 702 shares at $64.49.
Analysts Set New Price Targets
On June 23, 2026, Zelman & Assoc initiated coverage with a buy rating and a price target of $99 on Somnigroup. Other analysts have also weighed in recently. On May 8, 2026, UBS maintained its buy rating with a target of $105. Stephens & Co. reiterated a hold rating with an $89 target on April 14, 2026, while B of A Securities maintained a buy rating with a $96 target the same day. The consensus recommendation for Somnigroup is a strong buy, with an average target price of $97.25 based on eight analyst opinions.
About Somnigroup International Inc.
Somnigroup International Inc., headquartered in Dallas, Texas, designs and sells bedding products worldwide. The company, founded in 1846, offers a range of products including mattresses and pillows under brands like Tempur-Pedic and Sealy. It operates retail stores and licenses its brands to other manufacturers. Led by CEO Scott L. Thompson, Somnigroup employs 19,000 people and serves various channels, including hospitality and healthcare.
Bottom Line
Zelman & Assoc's reiteration of a buy rating and a $99 target on Somnigroup International highlights continued confidence in the company's prospects. Investors pay close attention to these analyst updates as they provide insights into potential stock performance. However, it's important to remember that these ratings are based on past data and may not reflect the current market conditions.
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