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An update from Somnigroup International ( (SGI) ) is now available.
On June 24, 2025, Somnigroup International Inc. and its subsidiaries entered into Amendment No. 4 to the 2023 Credit Agreement with several banks, including Bank of America, to reprice its Term B loans due in October 2031. The amendment reduces the applicable margin on these loans by 0.25% and involves a $100 million prepayment of the outstanding loans. This financial maneuver is expected to optimize the company’s debt structure without altering other material terms of the Credit Agreement.
The most recent analyst rating on (SGI) stock is a Buy with a $61.00 price target. To see the full list of analyst forecasts on Somnigroup International stock, see the SGI Stock Forecast page.
Spark’s Take on SGI Stock
According to Spark, TipRanks’ AI Analyst, SGI is a Outperform.
Somnigroup International scores well due to strong financial performance and positive corporate developments. While high leverage and premium valuation present risks, the company’s strategic initiatives and robust international growth underpin its solid overall performance.
To see Spark’s full report on SGI stock, click here.
More about Somnigroup International
Average Trading Volume: 3,408,813
Technical Sentiment Signal: Buy
Current Market Cap: $13.62B
See more data about SGI stock on TipRanks’ Stock Analysis page.