Shares of Tempur Sealy International Inc (NYSE:TPX) have been given a consensus rating of “Hold” by the seventeen research firms that are covering the stock, MarketBeat reports. Two equities research analysts have rated the stock with a sell rating, nine have given a hold rating, four have given a buy rating and one has issued a strong buy rating on the company. The average twelve-month target price among analysts that have issued a report on the stock in the last year is $65.33.
A number of research firms recently commented on TPX. Zacks Investment Research cut Tempur Sealy International from a “buy” rating to a “hold” rating in a research report on Thursday, October 5th. SunTrust Banks reiterated a “hold” rating and set a $60.00 price objective on shares of Tempur Sealy International in a research report on Monday, October 2nd. ValuEngine upgraded Tempur Sealy International from a “hold” rating to a “buy” rating in a research report on Saturday, September 30th. Raymond James Financial reiterated a “buy” rating on shares of Tempur Sealy International in a research report on Thursday, December 7th. Finally, Wedbush reiterated a “hold” rating on shares of Tempur Sealy International in a research report on Friday, December 8th.
In other Tempur Sealy International news, EVP Richard W. Anderson sold 24,345 shares of the company’s stock in a transaction dated Tuesday, December 19th. The stock was sold at an average price of $64.99, for a total value of $1,582,181.55. Following the completion of the sale, the executive vice president now owns 78,236 shares in the company, valued at $5,084,557.64. The sale was disclosed in a document filed with the SEC, which is accessible through this link. Also, EVP H Clifford Buster III bought 18,800 shares of the business’s stock in a transaction that occurred on Thursday, November 9th. The shares were acquired at an average price of $53.03 per share, with a total value of $996,964.00. Following the transaction, the executive vice president now directly owns 18,800 shares of the company’s stock, valued at approximately $996,964. The disclosure for this purchase can be found here. Corporate insiders own 2.10% of the company’s stock.
Large investors have recently added to or reduced their stakes in the stock. Sterling Capital Management LLC grew its position in shares of Tempur Sealy International by 10.6% during the third quarter. Sterling Capital Management LLC now owns 56,095 shares of the company’s stock worth $3,619,000 after purchasing an additional 5,395 shares in the last quarter. Principal Financial Group Inc. grew its position in shares of Tempur Sealy International by 3.8% during the second quarter. Principal Financial Group Inc. now owns 200,825 shares of the company’s stock worth $10,722,000 after purchasing an additional 7,274 shares in the last quarter. Cipher Capital LP purchased a new stake in shares of Tempur Sealy International during the third quarter worth about $1,731,000. Greenlight Capital Inc. grew its position in shares of Tempur Sealy International by 900.0% during the third quarter. Greenlight Capital Inc. now owns 4,000,000 shares of the company’s stock worth $258,080,000 after purchasing an additional 3,600,000 shares in the last quarter. Finally, Federated Investors Inc. PA grew its position in shares of Tempur Sealy International by 60.7% during the second quarter. Federated Investors Inc. PA now owns 24,459 shares of the company’s stock worth $1,305,000 after purchasing an additional 9,241 shares in the last quarter.
Shares of Tempur Sealy International (NYSE TPX) opened at $62.92 on Wednesday. The company has a market capitalization of $3,410.00, a price-to-earnings ratio of 20.97, a P/E/G ratio of 1.07 and a beta of 1.54. The company has a current ratio of 1.08, a quick ratio of 0.77 and a debt-to-equity ratio of 20.03. Tempur Sealy International has a 1 year low of $39.57 and a 1 year high of $68.61.
Tempur Sealy International (NYSE:TPX) last posted its quarterly earnings data on Thursday, November 2nd. The company reported $1.00 EPS for the quarter, beating analysts’ consensus estimates of $0.97 by $0.03. The company had revenue of $724.80 million during the quarter, compared to analysts’ expectations of $756.10 million. Tempur Sealy International had a return on equity of 1,042.63% and a net margin of 5.79%. Tempur Sealy International’s revenue for the quarter was down 12.9% compared to the same quarter last year. During the same quarter in the prior year, the business earned $1.32 earnings per share. equities analysts forecast that Tempur Sealy International will post 3.25 EPS for the current year.
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Tempur Sealy International Company Profile
Tempur Sealy International, Inc is a bedding manufacturer. The Company develops, manufactures, markets and distributes bedding products. The Company operates in two segments: North America and International. The North America segment consists of Tempur and Sealy manufacturing and distribution subsidiaries, joint ventures and licensees located in the United States and Canada.
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