Tempur Sealy International (TPX) Receives Average Rating of “Hold” from Analysts

Shares of Tempur Sealy International (NYSE:TPX) have received a consensus rating of “Hold” from the fourteen ratings firms that are covering the firm, MarketBeat.com reports. Two investment analysts have rated the stock with a sell recommendation, five have given a hold recommendation, five have given a buy recommendation and one has given a strong buy recommendation to the company. The average 12 month price target among brokers that have covered the stock in the last year is $61.43.

A number of brokerages have recently weighed in on TPX. Zacks Investment Research upgraded Tempur Sealy International from a “hold” rating to a “buy” rating and set a $72.00 target price on the stock in a report on Friday, January 5th. Wedbush reiterated a “hold” rating on shares of Tempur Sealy International in a report on Friday, December 8th. Raymond James Financial reiterated a “buy” rating on shares of Tempur Sealy International in a report on Thursday, December 7th. Piper Jaffray dropped their target price on Tempur Sealy International from $75.00 to $66.00 and set an “overweight” rating on the stock in a report on Monday, March 12th. Finally, SunTrust Banks reiterated a “hold” rating and issued a $51.00 target price on shares of Tempur Sealy International in a report on Friday, February 23rd.

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Tempur Sealy International stock traded down $0.86 during midday trading on Monday, hitting $44.43. The company’s stock had a trading volume of 765,691 shares, compared to its average volume of 1,002,739. The company has a current ratio of 1.05, a quick ratio of 0.74 and a debt-to-equity ratio of 14.94. Tempur Sealy International has a 12 month low of $39.57 and a 12 month high of $68.05. The stock has a market cap of $2,460.37, a PE ratio of 13.88, a price-to-earnings-growth ratio of 0.56 and a beta of 1.34.

Tempur Sealy International (NYSE:TPX) last posted its quarterly earnings data on Thursday, February 22nd. The company reported $0.79 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $0.82 by ($0.03). The company had revenue of $648.20 million for the quarter, compared to analyst estimates of $679.41 million. Tempur Sealy International had a return on equity of 348.78% and a net margin of 5.54%. Tempur Sealy International’s quarterly revenue was down 15.9% on a year-over-year basis. During the same quarter in the previous year, the firm posted $1.18 EPS. equities analysts predict that Tempur Sealy International will post 3.68 EPS for the current fiscal year.

Hedge funds and other institutional investors have recently made changes to their positions in the stock. Captrust Financial Advisors bought a new stake in shares of Tempur Sealy International in the 4th quarter valued at approximately $122,000. Capital Guardian Trust Co. bought a new stake in shares of Tempur Sealy International in the 3rd quarter valued at approximately $132,000. Amundi Pioneer Asset Management Inc. bought a new stake in shares of Tempur Sealy International in the 4th quarter valued at approximately $167,000. Dynamic Technology Lab Private Ltd bought a new stake in shares of Tempur Sealy International in the 3rd quarter valued at approximately $219,000. Finally, State of Alaska Department of Revenue bought a new stake in shares of Tempur Sealy International in the 4th quarter valued at approximately $218,000.

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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.

Analyst Recommendations for Tempur Sealy International (NYSE:TPX)

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