Casper Sleep Inc. (NYSE:CSPR) finished Friday with a subtraction of -$0.18 to close at $4.43, a downside of -3.90 percent. An average of 448,380 shares of common stock have been traded in the last five days. There was a gain of $0.23 in the past week, and it reached a new high 8 times over the past 12 months. The last 20 days have seen an average of 553,075 shares traded, while the 50-day average volume stands at 585,154.
CSPR stock has decreased by -10.69% in the last month. The company shares reached their 1-month lowest point of $4.01 on 10/12/21. With the stock rallying to its 52-week high on 06/08/21, shares of the company touched a low of $4.01 and a high of $12.00 in 52 weeks. It has reached a new high 14 times so far this year and lost -27.97% or -$1.72 in price. In spite of this, the price is down -63.08% from the 52-week high.
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39 days have passed since Casper Sleep Inc. (CSPR) last reported insider trading activity. MONAHAN MICHAEL P., who is Chief Financial Officer, most recently acquired $10,956 shares at $5.20 per share on Sep 14. In this transaction, the insider spent $56,971. Director, Parikh Neil, disposed of 10,000 shares at a price of $8.21 on Jul 01. The insider now owns more than $82,074 worth of shares. Prior to that, Director Parikh Neil went on to Sale 5,804 shares at $12.00 each on Jun 08. An amount of $69,648 was transacted.
Casper Sleep Inc. (CSPR) has a trailing price-to-earnings (P/E) ratio of 21.00 for the broader industry and 32.04 for the sector. Other valuation ratios to consider include the trailing price-to-sales (P/S) ratio at 0.34.
The quick ratio of Casper Sleep Inc. for the three months ended June 29 was 0.60, and the current ratio was 1.00, indicating that the company is not able to meet its debt obligations. Casper Sleep Inc.’s EBITDA margin for the year ending June 29 is -12.07%, while its operating margin for the same period stands at -14.40%. Its gross profit as reported stood at $253.88 million compared to revenue of $497.0 million.
For investors, determining the potential profitability of the investment also depends on the performance of the company’s management. In the past 12 months, Casper Sleep Inc.’s return on assets was -38.50%. For the broader industry, ROE averaged 10.33 over the past year.
For the three-month period that ended June 29, Casper Sleep Inc. had $50.38 million in total debt. In the quarter under review, the net income was up than the previous quarter. The company posted a net income of -$33.75 million in the quarter, while revenues of -$21.18 million were grew 28.27%. The analyst consensus anticipated Casper Sleep Inc.’s latest quarter earnings to come in at -$0.33 per share, but it turned out to be -$0.39, a -18.20% surprise. For the quarter, EBITDA amounted to -$28.96 million. Shareholders own equity worth $41.45 million.
From a technical analysis perspective, let’s take a brief look at Casper Sleep Inc. (CSPR) price momentum. RSI 9-day as of the close on 22 October was 49.93%, suggesting the stock is Neutral, with historical volatility in this time frame at 37.16%.
As of today, CSPR’s price is $4.48 +5.48% or $0.23 from its 5-day moving average. CSPR is currently trading -9.03% lower than its 20-day SMA and -54.98% lower than its 100-day SMA. However, the stock’s current price level is -21.17% below the SMA50 and -31.74% below the SMA200.
The stochastic %K and %D were 76.30% and 76.90%, respectively, and the average true range (ATR) was 0.23. With the 14-day stochastic at 56.76% and the average true range at 0.23, the RSI (14) stands at 45.38%. The stock has reached 0.16 on the 9-day MACD Oscillator while the 14-day reading was at 0.22.
Goldman launched coverage on Casper Sleep Inc. (NYSE: CSPR) in its analyst report released on July 14, 2021. The firm assigned the stock a a Sell rating. The consensus rating for Casper Sleep Inc. (CSPR) among analysts is Overweight. According to current brokerage recommendations, 1 brokerage firm advise that investors sell CSPR, while 2 suggest investors hold. There are 1 analyst who rate the stock as underweight. The stock is rated overweight by 0 analysts, while 6 others rate it as a “buy”.
What is CSPR’s price target for the next 12 months?
Analysts predict a range of price targets between $5.00 and $12.00, with a median target of $8.75. Taking a look at these predictions, the average price target given by analysts for Casper Sleep Inc. (CSPR) stock is $8.50.