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Summer Infant

Nasdaq:SUMR
Snowflake Description

Imperfect balance sheet and overvalued.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
SUMR
Nasdaq
$4M
Market Cap
  1. Home
  2. US
  3. Consumer Durables
Company description

Summer Infant, Inc., together with its subsidiaries, designs, markets, and distributes branded juvenile health, safety, and wellness products worldwide. The last earnings update was 14 days ago. More info.


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  • Summer Infant has significant price volatility in the past 3 months.
SUMR Share Price and Events
7 Day Returns
-19.5%
NasdaqCM:SUMR
13%
US Leisure
7.2%
US Market
1 Year Returns
-70.4%
NasdaqCM:SUMR
-25.5%
US Leisure
-10.4%
US Market
SUMR Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Summer Infant (SUMR) -19.5% -64.7% -27.8% -70.4% -88.8% -93.2%
US Leisure 13% -11% -30.3% -25.5% -35.7% -36.9%
US Market 7.2% -12.6% -19.4% -10.4% 8.3% 21%
1 Year Return vs Industry and Market
  • SUMR underperformed the Leisure industry which returned -25.5% over the past year.
  • SUMR underperformed the Market in United States of America which returned -10.4% over the past year.
Price Volatility
SUMR
Industry
5yr Volatility vs Market

Value

 Is Summer Infant undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
  • It is not possible to calculate the future cash flow value for Summer Infant. This is due to cash flow or dividend data being unavailable. The share price is $1.908.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Summer Infant's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Summer Infant's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
NasdaqCM:SUMR PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-12-28) in USD $-1.98
NasdaqCM:SUMR Share Price ** NasdaqCM (2020-03-31) in USD $1.91
United States of America Leisure Industry PE Ratio Median Figure of 15 Publicly-Listed Leisure Companies 12.9x
United States of America Market PE Ratio Median Figure of 2,938 Publicly-Listed Companies 13.11x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Summer Infant.

NasdaqCM:SUMR PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= NasdaqCM:SUMR Share Price ÷ EPS (both in USD)

= 1.91 ÷ -1.98

-0.96x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Summer Infant is loss making, we can't compare its value to the US Leisure industry average.
  • Summer Infant is loss making, we can't compare the value of its earnings to the United States of America market.
Price based on expected Growth
Does Summer Infant's expected growth come at a high price?
Raw Data
NasdaqCM:SUMR PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -0.96x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
Not available
United States of America Leisure Industry PEG Ratio Median Figure of 12 Publicly-Listed Leisure Companies 0.93x
United States of America Market PEG Ratio Median Figure of 2,007 Publicly-Listed Companies 1.01x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for Summer Infant, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Summer Infant's assets?
Raw Data
NasdaqCM:SUMR PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-12-28) in USD $2.65
NasdaqCM:SUMR Share Price * NasdaqCM (2020-03-31) in USD $1.91
United States of America Leisure Industry PB Ratio Median Figure of 26 Publicly-Listed Leisure Companies 2.14x
United States of America Market PB Ratio Median Figure of 5,134 Publicly-Listed Companies 1.27x
NasdaqCM:SUMR PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= NasdaqCM:SUMR Share Price ÷ Book Value per Share (both in USD)

= 1.91 ÷ 2.65

0.72x

* Primary Listing of Summer Infant.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Summer Infant is good value based on assets compared to the US Leisure industry average.
X
Value checks
We assess Summer Infant's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Leisure industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Leisure industry average (and greater than 0)? (1 check)
  5. Summer Infant has a total score of 1/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

Future Performance

 How is Summer Infant expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Summer Infant has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by Simply Wall St do have past financial data. You can see them here.

Show me the analysis anyway

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
17.2%
Expected Leisure industry annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Summer Infant expected to grow at an attractive rate?
  • Unable to compare Summer Infant's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
  • Unable to compare Summer Infant's earnings growth to the United States of America market average as no estimate data is available.
  • Unable to compare Summer Infant's revenue growth to the United States of America market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
NasdaqCM:SUMR Future Growth Rates Data Sources
Data Point Source Value (per year)
United States of America Leisure Industry Earnings Growth Rate Market Cap Weighted Average 17.2%
United States of America Leisure Industry Revenue Growth Rate Market Cap Weighted Average 15.3%
United States of America Market Earnings Growth Rate Market Cap Weighted Average 12.2%
United States of America Market Revenue Growth Rate Market Cap Weighted Average 7.2%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
NasdaqCM:SUMR Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
All numbers in USD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
NasdaqCM:SUMR Future Estimates Data
Date (Data in USD Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
NasdaqCM:SUMR Past Financials Data
Date (Data in USD Millions) Revenue Cash Flow Net Income *
2019-12-28 173 2 -4
2019-09-28 171 1 -5
2019-06-29 173 -7 -3
2019-03-30 174 -6 -3
2018-12-29 174 6 -4
2018-09-29 180 8 -4
2018-06-30 180 6 -5
2018-03-31 185 5 -5
2017-12-30 190 1 -2
2017-09-30 189 2 -5
2017-07-01 194 9 -4
2017-04-01 192 2 -4
2016-12-31 194 9 -4

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Unable to determine if Summer Infant is high growth as no earnings estimate data is available.
  • Unable to determine if Summer Infant is high growth as no revenue estimate data is available.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
NasdaqCM:SUMR Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

All data from Summer Infant Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

NasdaqCM:SUMR Future Estimates Data
Date (Data in USD Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
NasdaqCM:SUMR Past Financials Data
Date (Data in USD Millions) EPS *
2019-12-28 -1.98
2019-09-28 -2.50
2019-06-29 -1.66
2019-03-30 -1.41
2018-12-29 -2.04
2018-09-29 -1.93
2018-06-30 -2.59
2018-03-31 -2.48
2017-12-30 -1.09
2017-09-30 -2.43
2017-07-01 -1.72
2017-04-01 -1.86
2016-12-31 -2.11

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Unable to establish if Summer Infant will efficiently use shareholders’ funds in the future without estimates of Return on Equity.

Next steps:

  1. Summer Infant's future outlook can be gauged by looking at industry trends and market size, and determining how well-positioned the company is compared to its competitors. Take a look at other high-growth Consumer Durables companies here
  2. Summer Infant's competitive advantages and company strategy can generally be found in its financial reports archived here.
  3. Use fundamentals to screen for another stock to analyse from our database of over 75,000 companies worldwide
X
Future performance checks
We assess Summer Infant's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the United States of America market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the United States of America market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Summer Infant has a total score of 0/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

Past Performance

  How has Summer Infant performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Summer Infant's growth in the last year to its industry (Leisure).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Summer Infant does not make a profit and their year on year earnings growth rate was negative over the past 5 years.
  • Unable to compare Summer Infant's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare Summer Infant's 1-year growth to the US Leisure industry average as it is not currently profitable.
Earnings and Revenue History
Summer Infant's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Summer Infant Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

NasdaqCM:SUMR Past Revenue, Cash Flow and Net Income Data
Date (Data in USD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-12-28 173.18 -4.16 49.36
2019-09-28 170.53 -5.24 50.07
2019-06-29 172.85 -3.46 48.86
2019-03-30 174.10 -2.94 48.63
2018-12-29 173.62 -4.25 51.31
2018-09-29 180.39 -4.01 50.28
2018-06-30 179.68 -5.37 53.19
2018-03-31 184.58 -5.13 54.77
2017-12-30 189.87 -2.25 53.11
2017-09-30 188.58 -5.01 55.76
2017-07-01 194.00 -3.53 55.41
2017-04-01 192.00 -3.82 54.03
2016-12-31 194.33 -4.32 54.16
2016-10-01 199.58 -2.95 60.43
2016-07-02 201.23 -5.01 60.84
2016-04-02 202.46 -8.74 62.05
2016-01-02 205.80 -8.65 63.91
2015-10-03 205.99 -6.16 58.67
2015-07-04 206.81 -4.46 59.51
2015-04-04 207.56 -0.68 60.73
2015-01-03 205.36 -0.25 58.71
2014-09-30 199.13 -1.31 57.86
2014-06-30 198.65 -2.45 57.45
2014-03-31 199.87 -3.07 56.80
2013-12-31 208.17 -2.82 58.86
2013-09-30 221.95 -2.66 61.03
2013-06-30 235.39 -66.41 65.06

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • It is difficult to establish if Summer Infant has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.
  • Summer Infant used its assets less efficiently than the US Leisure industry average last year based on Return on Assets.
  • It is difficult to establish if Summer Infant improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.
X
Past performance checks
We assess Summer Infant's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Leisure industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Summer Infant has a total score of 0/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

Health

 How is Summer Infant's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Summer Infant's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Summer Infant is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Summer Infant's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Summer Infant's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • High level of physical assets or inventory.
  • Debt is covered by short term assets, assets are 1.4x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Summer Infant Company Filings, last reported 3 months ago.

NasdaqCM:SUMR Past Debt and Equity Data
Date (Data in USD Millions) Total Equity Total Debt Cash & Short Term Investments
2019-12-28 5.58 46.23 0.40
2019-09-28 6.33 46.34 0.66
2019-06-29 8.01 52.12 0.58
2019-03-30 8.09 54.19 0.92
2018-12-29 9.27 45.52 0.72
2018-09-29 11.50 44.96 1.06
2018-06-30 11.17 42.30 0.93
2018-03-31 10.98 43.95 0.81
2017-12-30 13.64 47.02 0.68
2017-09-30 15.39 48.43 0.76
2017-07-01 16.14 44.54 1.41
2017-04-01 15.17 46.68 0.72
2016-12-31 14.82 45.71 1.00
2016-10-01 19.50 48.42 1.01
2016-07-02 19.24 50.31 1.15
2016-04-02 19.00 45.98 0.41
2016-01-02 18.97 52.01 0.92
2015-10-03 22.29 53.53 1.10
2015-07-04 24.21 55.29 1.49
2015-04-04 27.23 56.27 1.59
2015-01-03 27.85 58.53 1.27
2014-09-30 28.74 56.45 1.08
2014-06-30 28.83 49.46 1.63
2014-03-31 27.67 49.46 2.65
2013-12-31 27.49 49.04 1.57
2013-09-30 29.46 49.48 1.43
2013-06-30 30.14 49.04 3.51
  • Summer Infant's level of debt (828.1%) compared to net worth is high (greater than 40%).
  • The level of debt compared to net worth has increased over the past 5 years (209.4% vs 828.1% today).
CASH RUNWAY ANALYSIS

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

  • Summer Infant has less than a year of cash runway based on current free cash flow.
  • Summer Infant has less than a year of cash runway if free cash flow continues to grow at historical rates of 18.6% each year.
X
Financial health checks
We assess Summer Infant's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Summer Infant has a total score of 2/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

Dividends

 What is Summer Infant's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
0%
Current annual income from Summer Infant dividends.
If you bought $2,000 of Summer Infant shares you are expected to receive $0 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Unable to evaluate Summer Infant's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Summer Infant's dividend against the top 25% market benchmark as the company has not reported any payouts.
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
NasdaqCM:SUMR Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
United States of America Leisure Industry Average Dividend Yield Market Cap Weighted Average of 10 Stocks 3.4%
United States of America Market Average Dividend Yield Market Cap Weighted Average of 1946 Stocks 2.9%
United States of America Minimum Threshold Dividend Yield 10th Percentile 1.1%
United States of America Bottom 25% Dividend Yield 25th Percentile 1.9%
United States of America Top 25% Dividend Yield 75th Percentile 5.4%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

NasdaqCM:SUMR Future Dividends Estimate Data
Date (Data in $) Dividend per Share (annual) Avg. No. Analysts

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to perform a dividend volatility check as Summer Infant has not reported any payouts.
  • Unable to verify if Summer Infant's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Summer Infant's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Summer Infant has not reported any payouts.
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
X
Income/ dividend checks
We assess Summer Infant's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 1.1%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Summer Infant afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Summer Infant has a total score of 0/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

Management

 What is the CEO of Summer Infant's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Stuart Noyes
TENURE AS CEO 0.3 years
CEO Bio

Mr. Stuart Noyes serves as Managing Partner, Co-founder and Principal of Winter Harbor, LLC. Mr. Noyes serves as an Interim Chief Executive Officer of Summer Infant, Inc., since December 16, 2019. He has experience in executive and general management, sales, marketing, operations, procurement, merchandising, finance, and new business development. His expertise lies in healthcare, consumer products, manufacturing, distribution and retail. He has lead a healthcare services and distribution business and managed media services, advertising, and technology organizations. Mr. Noyes has participated in out of Court and Chapter 11 reorganizations, divestitures, liquidations, and mergers and acquisitions. He provides clients with strategic and tactical turnaround solutions based on understanding and capitalizing on their businesses, the market, and revenue/cost opportunities. Previously, Mr. Noyes served as Chief Restructuring Officer at People’s Education, an educational products developer and distributor. He also served as Chief Restructuring Officer of Mullica Hill Group and AFL Quality, Inc., a provider of web printing, finishing and circulation services. Additionally, Mr. Noyes served as the President of Digital On-Demand, Inc. where he assisted in selling a sister company to refocus the company’s turnaround efforts. Examples of his experience include: HBA Distributors Inc., Fleming Co., and Valassis Communications Inc. Mr. Noyes served as Director of New York Huron Consulting Group Inc. Mr. Noyes holds a Master of Business Administration from the University of Utah at Salt Lake City. He completed his Bachelor of Business Administration in Business Management from University of Maine and n Executive Program in Strategic Negotiations from Harvard University.

CEO Compensation
  • Insufficient data for Stuart to compare compensation growth.
  • Insufficient data for Stuart to establish whether their remuneration is reasonable compared to companies of similar size in United States of America.
Management Team Tenure

Average tenure and age of the Summer Infant management team in years:

4.4
Average Tenure
63
Average Age
  • The tenure for the Summer Infant management team is about average.
Management Team

Paul Francese

TITLE
Senior VP & CFO
COMPENSATION
$232K
AGE
63
TENURE
1.3 yrs

Stuart Noyes

TITLE
Interim Chief Executive Officer
TENURE
0.3 yrs

Mary Schneider

TITLE
Senior VP

Ted Kelley

TITLE
Senior Vice President of Global Sales
TENURE
4.7 yrs

Lisa Harnisch

TITLE
Senior Vice President of Merchandising
TENURE
6.2 yrs

Art Gehr

TITLE
Chief Product Officer
TENURE
4.2 yrs

Ted Klowan

TITLE
VP of Finance & Treasurer
AGE
50

Ron Cardone

TITLE
Senior Vice President of Information Technology
AGE
63
TENURE
5.4 yrs
Board of Directors Tenure

Average tenure and age of the Summer Infant board of directors in years:

4.2
Average Tenure
57.5
Average Age
  • The tenure for the Summer Infant board of directors is about average.
Board of Directors

Robin Marino

TITLE
Independent Chairwoman
COMPENSATION
$111K
AGE
64
TENURE
3.6 yrs

Stephen Zelkowicz

TITLE
Independent Director
COMPENSATION
$64K
AGE
46
TENURE
5.6 yrs

Alan Mustacchi

TITLE
Independent Director
COMPENSATION
$71K
AGE
58
TENURE
4.8 yrs

Evelyn D'An

TITLE
Independent Director
COMPENSATION
$66K
AGE
57
TENURE
3.3 yrs

Drew Train

TITLE
Independent Director
COMPENSATION
$59K
AGE
37
TENURE
2.6 yrs

Marty Fogelman

TITLE
Independent Director
COMPENSATION
$56K
AGE
75
TENURE
13 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month open market individual insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price ($) Value ($)
21. Aug 19 Buy Evelyn D'An Individual 20. Aug 19 20. Aug 19 544 $4.59 $2,499
15. Aug 19 Buy Paul Francese Individual 13. Aug 19 14. Aug 19 556 $4.05 $2,209
15. Aug 19 Buy Alan Mustacchi Individual 14. Aug 19 14. Aug 19 833 $4.30 $3,585
14. Aug 19 Buy Mark Messner Individual 12. Aug 19 12. Aug 19 1,344 $3.87 $5,203
14. Jun 19 Buy Mark Messner Individual 13. Jun 19 13. Jun 19 56 $4.59 $255
13. Jun 19 Buy Mark Messner Individual 12. Jun 19 12. Jun 19 389 $4.50 $1,749
X
Management checks
We assess Summer Infant's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Summer Infant has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

News

Simply Wall St News

Is Summer Infant, Inc. (NASDAQ:SUMR) Excessively Paying Its CEO?

First, this article will compare CEO compensation with compensation at similar sized companies. … See our latest analysis for Summer Infant How Does Mark Messner's Compensation Compare With Similar Sized Companies? … With a three year total loss of 77%, Summer Infant, Inc.

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What Type Of Shareholder Owns Summer Infant, Inc.'s (NASDAQ:SUMR)?

Our analysis of the ownership of the company, below, shows that institutional investors have bought into the company. … Check out our latest analysis for Summer Infant NasdaqCM:SUMR Ownership Summary, July 18th 2019 What Does The Institutional Ownership Tell Us About Summer Infant? … We can see that Summer Infant does have institutional investors; and they hold 14% of the stock.

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Imagine Owning Summer Infant (NASDAQ:SUMR) And Trying To Stomach The 84% Share Price Drop

View our latest analysis for Summer Infant Summer Infant isn't currently profitable, so most analysts would look to revenue growth to get an idea of how fast the underlying business is growing. … In the last five years Summer Infant saw its revenue shrink by 3.1% per year. … A Different Perspective Summer Infant shareholders are down 58% for the year, but the market itself is up 1.4%.

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Should You Worry About Summer Infant, Inc.'s (NASDAQ:SUMR) CEO Pay Cheque?

This analysis aims first to contrast CEO compensation with other companies that have similar market capitalization. … How Does Mark Messner's Compensation Compare With Similar Sized Companies. … We examined a group of similar sized companies, with market capitalizations of below US$200m

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Do Insiders Own Shares In Summer Infant, Inc. (NASDAQ:SUMR)?

The big shareholder groups in Summer Infant, Inc. … Summer Infant is a smaller company with a market capitalization of US$13m, so it may still be flying under the radar of many institutional investors. … View our latest analysis for Summer Infant

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Is Summer Infant, Inc. (NASDAQ:SUMR) Excessively Paying Its CEO?

First, this article will compare CEO compensation with compensation at similar sized companies. … How Does Mark Messner's Compensation Compare With Similar Sized Companies. … We examined a group of similar sized companies, with market capitalizations of below US$200m

Simply Wall St -

Who Owns Summer Infant Inc (NASDAQ:SUMR)?

Summer Infant is not a large company by global standards. … Our analysis of the ownership of the company, below, shows that. … See our latest analysis for Summer Infant

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Summer Infant Inc (SUMR): Time For A Financial Health Check

In the case of SUMR, operating cash flow turned out to be 0.04x its debt level over the past twelve months. … As cash flow from operation is hindered by adverse events, SUMR may need to liquidate its short-term assets to meet these upcoming payments. … At its current level of cash flow coverage, SUMR has room for improvement to better cushion for events which may require debt repayment.

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A Look At The Intrinsic Value Of Summer Infant Inc (SUMR)

5-year cash flow forecast 2017 2018 2019 2020 2021 Levered FCF (USD, Millions) $5.74 $5.47 $5.22 $4.97 $4.74 Source Extrapolated @ (-4.66%) Extrapolated @ (-4.66%) Extrapolated @ (-4.66%) Extrapolated @ (-4.66%) Extrapolated @ (-4.66%) Present Value Discounted @ 17.53% $4.88 $3.96 $3.21 $2.61 $2.11 Present value of next 5 years cash flows: $17 The 2nd stage is also known as Terminal Value, this is the cash flows to the business after the 1st stage. … Terminal Value Terminal Value = FCF2021 × (1 + g) ÷ (Discount Rate – g) Terminal Value = $5 × (1 + 2.5%) ÷ (17.5% – 2.5%) Terminal value based on the Perpetuity Method where growth (g) = 2.5%: $32 Present value of terminal value: $14 So the total value is the sum of the next 5 years cash flows and the terminal value discounted to today, this is known as the Equity Value. … Equity Value Equity Value (Total value) = Present value of next 5 years cash flows + terminal value = $17 + $14 = $31 The last step is to then divide the equity value by the number of shares outstanding.

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Company Info

Description

Summer Infant, Inc., together with its subsidiaries, designs, markets, and distributes branded juvenile health, safety, and wellness products worldwide. It offers audio and video monitors; and gates, potties, entertainers, baby monitors, bath products, specialty blankets, strollers, car seats, and travel systems, as well as baby gear products under the Summer, SwaddleMe, and born free brand names. The company sells its products directly to retailers through own direct sales force and a network of independent manufacturers' representatives and distributors; and through partner's Websites and its summerinfant.com Website, as well as indirectly through international distributors, representatives, and retail customers. Summer Infant, Inc. was founded in 1985 and is headquartered in Woonsocket, Rhode Island.

Details
Name: Summer Infant, Inc.
SUMR
Exchange: NasdaqCM
Founded: 1985
$4,409,170
2,108,743
Website: http://www.summerinfant.com
Address: Summer Infant, Inc.
1275 Park East Drive,
Woonsocket,
Rhode Island, 02895,
United States
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
NasdaqCM SUMR Common Stock Nasdaq Capital Market US USD 07. Mar 2007
DB 2NF1 Common Stock Deutsche Boerse AG DE EUR 07. Mar 2007
Number of employees
Current staff
Staff numbers
158
Summer Infant employees.
Industry
Leisure Products
Consumer Durables
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2020/04/01 00:18
End of day share price update: 2020/03/31 00:00
Last estimates confirmation: 2019/02/20
Last earnings filing: 2020/03/18
Last earnings reported: 2019/12/28
Last annual earnings reported: 2019/12/28


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.