CSPR - Casper Sleep Inc.

NYSE - Nasdaq Real Time Price. Currency in USD
4.1200
-0.0500 (-1.20%)
As of 1:34PM EDT. Market open.
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Previous Close4.1700
Open4.1500
Bid4.1100 x 800
Ask4.1400 x 1800
Day's Range4.0340 - 4.3582
52 Week Range3.1500 - 15.8500
Volume175,962
Avg. Volume1,281,913
Market Cap163.461M
Beta (5Y Monthly)N/A
PE Ratio (TTM)N/A
EPS (TTM)-9.0780
Earnings DateN/A
Forward Dividend & YieldN/A (N/A)
Ex-Dividend DateN/A
1y Target Est8.06
  • MarketWatch

    Casper Sleep narrows loss in Q4 but revenue falls short of estimates

    Casper Sleep Inc. said Thursday it has a net loss of $25.6 million in the fourth quarter, narrower than the $27.9 million loss posted in the year-earlier period. The company did not offer a per-share loss number for the quarter in its first filing as a public company since listing in February. Revenue climbed 29.3% to $126.9 million, below the $128.9 million FactSet consensus. The mattress seller's full-year per-share loss came to $8.86, wider than the $3.06 loss per share consensus of FactSet analysts. Like many retailers, Casper said the outbreak of the coronavirus that causes COVID-19 has caused it to temporarily close retail stores in North America through March 27. "As a result, we expect that the COVID-19 outbreak will impact our revenues, results of operations and financial condition. We are, however, carefully monitoring shifts by customers from our physical retail to our online platform," the company said in a statement. it added that it has not to date suffered a material impact due to the COVID-19 outbreak on sales with our retail partners. The company is expecting first-quarter revenue to range from $108 million to $112 million, for net revenue of between $108 million and $112 million, compared with a current FactSet consensus of $112.4 million. Shares rose 11% premarket, but are trading about 70% below their IPO issue price of $12.

  • Business Wire

    Casper Reports Fourth Quarter and Full Year 2019 Results

    Casper Sleep Inc. (the "Company") (NYSE: CSPR), the global Sleep Company, today announced financial results for the fourth quarter ("fourth quarter 2019") and full year ("full year 2019") ended on December 31, 2019. Casper posted strong full year and quarterly operating performance, which underscores the potential of the company’s omnichannel approach to commercializing sleep, as detailed in its shareholder letter, available on the Casper Investor Relations website at https://ir.casper.com/files/doc_financials/2019/q4/Q4-2019-Shareholder-Letter.pdf.

  • ACCESSWIRE

    Casper Sleep Inc to Host Earnings Call

    NEW YORK, NY / ACCESSWIRE / March 19, 2020 / Casper Sleep Inc (NYSE:CSPR) will be discussing their earnings results in their 2019 Fourth Quarter Earnings call to be held on March 19, 2020 at 8:00 AM Eastern ...

  • Business Wire

    Casper Provides Business Update On COVID-19

    Casper Sleep Inc. ("Casper" or the "Company") (NYSE: CSPR) today provided an update on its North America retail store operations in response to the continued spread of COVID-19.

  • Business Wire

    Casper Sleep Inc. Announces Fourth Quarter and Full-Year 2019 Earnings Conference Call

    Casper Sleep Inc. ("Casper" or the "Company") (NYSE: CSPR), a global Sleep Company, announced today that it expects to release its fourth quarter and full-year 2019 results before the market open on Thursday, March 19, 2020.

  • Barrons.com

    Wall Street’s Love for Casper Sleep Stock Doesn’t Make Sense. Here’s Why.

    Several Wall Street analysts initiated coverage on (CSPR)on Monday with positive ratings. Last month, Casper (ticker: CSPR) was forced to slash its initial public offering price to $12 from its original range of $17 to $19. The move reflected recent skepticism by public market investors over highly-touted, money-losing start-ups.

  • Coronavirus-driven selling chills IPO market as just one company braves market this week
    MarketWatch

    Coronavirus-driven selling chills IPO market as just one company braves market this week

    The bruising selloff in equity markets this week as the COVID-19 coronavirus spreads around the world has had a chilling effect on the initial public offering market, as companies put their plans on ice to await more favorable conditions.

  • 3 micro-cap names that may capture unicorn-like growth: Analyst
    Yahoo Finance

    3 micro-cap names that may capture unicorn-like growth: Analyst

    Wall Street is littered with unicorns this past year that have been less than magical for investors. These startups that were valued at over a billion dollars in the private market, couldn’t quite live up to lofty expectations when they finally hit the public market.  AdvisorShares’ CEO Noah Hamman tells Yahoo Finance that he’s focused on building a portfolio of potential unicorns outside of the high flying names, such as the recent initial public offering of Casper (CSPR).  “We are looking for small and micro-cap stocks, which can provide a similar risk return profit as private equity,” says Hamman. “We think it’s a significant area that’s overlooked by investors.”

  • MarketWatch

    Casper shares shed early gains to trade flat at midday, remain below $12 IPO price

    Casper Sleep Inc. shares shed early gains to trade flat at midday, and remained 17% below their initial public offering price from last week. The loss-making former unicorn went public last Wednesday but the stock has languished in the past several sessions. The Renaissance IPO ETF was down 0.3% but has gained 22% in the last 12 months, while the S&P 500 has gained 23%.

  • MarketWatch

    Casper Sleep falls another 1.9% to trade below $10, or 18% below IPO price

    Casper Sleep Inc. saw its stock fall another 1.9% Tuesday to below $10, pushing it 18% below its initial public offering price of $12. The New York-based mattress and sleep accessories company went public last week and gained about 20% on its first day of trade after scaling back the price range hours before pricing. It has languished ever since in a sign that investors are still not fully embracing IPOs from loss-making former unicorns. The Renaissance IPO ETF was up 1% Tuesday and have gained 24% in the last 12 months, matching the S&P 500's gains.

  • MarketWatch

    Casper Sleep stock languishes below IPO issue price after falling 5%

    Casper Sleep Inc. shares slid again Monday on their third day of trading, falling more than 5% to $10.46, below the company's $12 initial public offering issue price. The company completed its IPO on Wednesday hours after slashing its price range, and gained more than 20% on its first day of trade on Thursday. But on Friday, it was unable to hold those gains and closed down 18%. Investors have been pushing back against loss-making former unicorns like Uber , Lyft and WeWork, the office sharing company that saw its IPO collapse after its prospectus revealed shaky underlying financials. Casper has never made a profit, despite heavy spending on marketing, and is operating in a highly competitive market.

  • ACCESSWIRE

    Bronstein, Gewirtz & Grossman, LLC Announces Investigation of Casper Sleep Inc. (CSPR)

    NEW YORK, NY / ACCESSWIRE / February 10, 2020 / Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of Casper Sleep Inc. ("Casper" or the Company") ...

  • When did selling mattresses become a tech business?
    Quartz

    When did selling mattresses become a tech business?

    Casper was a unicorn to private investors. To the public markets, it is only about a third of one. Casper Sleep Inc., a self-described “pioneer of the Sleep Economy,” started trading last week on the New York Stock Exchange.

  • Why some people aren't sweating Casper's lackluster IPO debut
    Yahoo Finance Video

    Why some people aren't sweating Casper's lackluster IPO debut

    Shares of online mattress company rallied in their debut on the New York Stock Exchange on Thursday, but only because the company slashed its expected price range at the last minute. “It’s all about going public today,” he said.

  • Barrons.com

    Tesla’s Stock Price Can’t Be Justified. Stop Trying.

    Tesla is now worth nearly $60 billion more than what Elon Musk once sought to take the company private.

  • Barrons.com

    Casper’s Post-IPO Slide Is Another Reminder That Startups Need to Make Money

    Casper raised $100 million in VC funds last February at a valuation of $1.1 billion, even though it had yet to turn a profit. Its stock finished the week down 8% from its IPO price.

  • MarketWatch

    Casper Sleep shares slide 18% on second day of trading, falling below $12 IPO issue price

    Casper Sleep Inc. shares fell 18% Friday on their second day of trading as a public company, pushing the stock below its initial public offering issue price of $12. The stock closed at $11.05. Casper shares rallied more than 20% on Thursday after underwriters priced the deal at the low end of a price range that had been lowered just hours before pricing. The company sold 8.4 million shares to raise $101 million. With 39 million shares outstanding, the $12 pricing valued the company at $468 million, below the $741 million implied by the previous price range and well below the $1.1 billion it garnered in its last private funding round last March. Investors had expressed concern that the company is loss-making, with its IPO prospectus showing a net loss of $67.4 million in the first nine months of 2019, wider than the $65.5 million loss posted in the year-earlier period. For all of 2018, its net loss came to $93.2 million, compared with $73.1 million in 2017.

  • GuruFocus.com

    US Indexes Continue Rally and Close Higher Thursday

    S&P; 500 up 0.33% Continue reading...

  • Casper Sleep stock climbs more than 20% in trading debut after it reins in expectations
    MarketWatch

    Casper Sleep stock climbs more than 20% in trading debut after it reins in expectations

    Mattress and sleep accessories company started trading on the NYSE Thursday, and had to convince investors it’s not just another Uber, Lyft or gulp, WeWork.

  • Casper slashes price range for its planned IPO hours ahead of expected pricing
    MarketWatch

    Casper slashes price range for its planned IPO hours ahead of expected pricing

    Casper Sleep Inc., the company credited with popularizing the bed-in-a-box trend, lowered the price range for its planned initial public offering on Wednesday, in a sign that investors are pushing back against the loss-making company.

  • Casper ends first trading day up nearly 13%, jumping over lowered bar of expectations
    Yahoo Finance

    Casper ends first trading day up nearly 13%, jumping over lowered bar of expectations

    Casper became the latest startup to tap the public market with big dreams, but no profits.