Sleep Country Canada Recommendation mean
What is the Recommendation mean of Sleep Country Canada?
The Recommendation mean of Sleep Country Canada Holdings, Inc. is 2.30
What is the definition of Recommendation mean?
Recommendation mean is the mean of analysts’ ratings of the stock ranging from 1.0 (strong buy) to 5.0 (strong sell).
Mean of recommendations is an average of ratings from different analysts but it should still be used with other research and investment metrics in order to make investment decisions. It is important to understand a firm's entire scale when assimilating ratings. Additionally, analyst recommendations on stocks owned by firms employing them may be seen as potentially biased.
Financial analysts are often employed by mutual and pension funds, hedge funds, securities firms, banks, investment banks, insurance companies, and other businesses, helping these companies or their clients make investment decisions. Financial analysts employed in commercial lending perform "balance sheet analysis," examining the audited financial statements and corollary data in order to assess lending risks. In a stock brokerage house or in an investment bank, they read company financial statements and analyze commodity prices, sales, costs, expenses, and tax rates in order to determine a company's value and project future earnings. In any of these various institutions, the analyst often meets with company officials to gain a better insight into a company's prospects and to determine the company's managerial effectiveness.
Usually, financial analysts study an entire industry, assessing current trends in business practices, products, and industry competition. They must keep abreast of new regulations or policies that may affect the industry, as well as monitor the economy to determine its effect on earnings.
Recommendation mean of companies in the Consumer Discretionary sector on TSX compared to Sleep Country Canada
What does Sleep Country Canada do?
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, duvet covers, mattress toppers and protectors, pet beds, weighted blankets, throws, sheets, headboards, footboards, frames, mattress and pillowcases, platforms, metal frames, blankets, mattress pads, and other sleep accessories. The company operates under the Dormez-vous, Sleep Country Canada, and Endy retail banners. As of May 20, 2022, it operated 287 stores. It also sells its products through an e-commerce platform. Sleep Country Canada Holdings Inc. was founded in 1994 and is headquartered in Brampton, Canada.
Companies with recommendation mean similar to Sleep Country Canada
- Store Capital Corp has Recommendation mean of 2.29
- Unilever NV has Recommendation mean of 2.29
- Invitae Corp has Recommendation mean of 2.29
- Rubius Therapeutics Inc has Recommendation mean of 2.29
- Cantel Medical Corp has Recommendation mean of 2.29
- Benefitfocus Inc has Recommendation mean of 2.29
- Sleep Country Canada has Recommendation mean of 2.30
- New Gold Inc has Recommendation mean of 2.31
- Mattel has Recommendation mean of 2.31
- Waste Management has Recommendation mean of 2.31
- Omega Healthcare Investors has Recommendation mean of 2.31
- Criteo S.A has Recommendation mean of 2.31
- Bank Of New York Mellon Corp has Recommendation mean of 2.32