Press coverage about Tempur Sealy International (NYSE:TPX) has trended somewhat positive on Tuesday, according to Accern. Accern rates the sentiment of news coverage by analyzing more than twenty million blog and news sources. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Tempur Sealy International earned a news impact score of 0.11 on Accern’s scale. Accern also assigned media stories about the company an impact score of 46.2398925435086 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the next several days.
Several brokerages recently issued reports on TPX. ValuEngine lowered Tempur Sealy International from a “hold” rating to a “sell” rating in a research report on Tuesday, June 26th. Zacks Investment Research upgraded Tempur Sealy International from a “strong sell” rating to a “hold” rating in a research report on Thursday, May 17th. SunTrust Banks decreased their price objective on Tempur Sealy International to $45.00 and set a “hold” rating for the company in a research report on Monday, May 7th. Stifel Nicolaus decreased their price objective on Tempur Sealy International from $65.00 to $60.00 and set a “buy” rating for the company in a research report on Friday, May 4th. Finally, Guggenheim reiterated a “hold” rating on shares of Tempur Sealy International in a research report on Thursday, May 3rd. Three investment analysts have rated the stock with a sell rating, three have assigned a hold rating, five have given a buy rating and one has given a strong buy rating to the stock. Tempur Sealy International currently has an average rating of “Hold” and a consensus price target of $58.63.
Tempur Sealy International traded up $0.89, hitting $49.22, during trading on Tuesday, according to Marketbeat.com. The stock had a trading volume of 32,870 shares, compared to its average volume of 1,067,485. The stock has a market capitalization of $2.61 billion, a price-to-earnings ratio of 15.38, a PEG ratio of 0.63 and a beta of 1.41. The company has a debt-to-equity ratio of 11.97, a quick ratio of 0.78 and a current ratio of 1.16. Tempur Sealy International has a 12 month low of $41.10 and a 12 month high of $68.05.
Tempur Sealy International (NYSE:TPX) last released its earnings results on Thursday, May 3rd. The company reported $0.42 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.46 by ($0.04). The firm had revenue of $648.00 million during the quarter, compared to the consensus estimate of $634.33 million. Tempur Sealy International had a net margin of 5.29% and a return on equity of 161.62%. The company’s revenue was down 10.3% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.96 EPS. equities research analysts forecast that Tempur Sealy International will post 3.45 EPS for the current year.
In other news, major shareholder Rehan Jaffer bought 180,761 shares of the business’s stock in a transaction on Monday, May 7th. The shares were purchased at an average price of $43.85 per share, for a total transaction of $7,926,369.85. The purchase was disclosed in a legal filing with the SEC, which is accessible through this link. Insiders own 2.63% of the company’s stock.
About Tempur Sealy International
Tempur Sealy International, Inc, together with its subsidiaries, develops, manufactures, markets, and distributes bedding products. The company operates through two segments, North America and International. It provides mattresses, foundations, and adjustable bases, as well as other products comprising pillows and other accessories under the TEMPUR, Tempur-Pedic, Sealy, and Stearns & Foster brands.
Receive News & Ratings for Tempur Sealy International Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Tempur Sealy International and related companies with MarketBeat.com's FREE daily email newsletter.