|Bid||89.33 x 800|
|Ask||89.64 x 800|
|Day's Range||88.47 - 91.60|
|52 Week Range||60.08 - 151.44|
|Beta (5Y Monthly)||1.86|
|PE Ratio (TTM)||11.97|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
Casper Sleep (NYSE: CSPR) has enjoyed consistent, double-digit annual revenue growth since the mattress company began in 2014. In February of 2021, the company went public through a special purpose acquisition company (SPAC) merger. Unfortunately for investors, growing demand for Casper products has not translated to market-beating stock performance.
Some have more dollars than sense, they say, so even companies that have no revenue, no profit, and a record of falling...
For a stock that has failed to benefit from the record stock market rally over the past 18 months, Wall Street has placed a lot of faith in Casper Sleep (NYSE: CSPR) to power ahead in the year to come. From the market's bottom on March 23 of last year to today, the S&P 500 doubled in value, an extraordinary run that was not matched by the mattress maker, which gained just over 20% in that same time frame. Considering the headwinds Casper is facing, it's hard to see why Wall Street analysts have such faith in its ability to bounce back so strongly.