Several analysts have recently updated their ratings and price targets for Tempur Sealy International (NYSE: TPX):

  • 8/2/2017 – Tempur Sealy International was upgraded by analysts at Zacks Investment Research from a “hold” rating to a “buy” rating. They now have a $65.00 price target on the stock. According to Zacks, “Tempur Sealy International, Inc. is involved in the development, manufacturing and marketing of bedding products primarily in North America and internationally. It provides mattresses, adjustable bases, pillows and other sleep and relaxation products. The company’s brand portfolio includes Tempur(R), Tempur-Pedic(R), Sealy(R), Sealy Posturepedic(R), Optimum(TM) and Stearns & Foster(R). Tempur Sealy International, Inc., formerly known as Tempur-Pedic International Inc., is headquartered in Lexington, Kentucky. “
  • 7/31/2017 – Tempur Sealy International was upgraded by analysts at BidaskClub from a “buy” rating to a “strong-buy” rating.
  • 7/30/2017 – Tempur Sealy International had its “hold” rating reaffirmed by analysts at Stifel Nicolaus. They now have a $60.00 price target on the stock, up previously from $47.00.
  • 7/27/2017 – Tempur Sealy International was given a new $61.00 price target on by analysts at Piper Jaffray Companies. They now have a “hold” rating on the stock.
  • 7/14/2017 – Tempur Sealy International had its “hold” rating reaffirmed by analysts at Stifel Nicolaus. They now have a $47.00 price target on the stock.
  • 6/28/2017 – Tempur Sealy International had its “strong-buy” rating reaffirmed by analysts at Raymond James Financial, Inc.. They now have a $55.00 price target on the stock.
  • 6/24/2017 – Tempur Sealy International was upgraded by analysts at BidaskClub from a “hold” rating to a “buy” rating.

Tempur Sealy International, Inc. (NYSE:TPX) traded up 0.40% on Monday, reaching $59.56. The company had a trading volume of 594,977 shares. The firm has a market capitalization of $3.21 billion, a price-to-earnings ratio of 16.80 and a beta of 1.67. Tempur Sealy International, Inc. has a 52-week low of $39.57 and a 52-week high of $82.32. The stock’s 50-day moving average price is $52.90 and its 200 day moving average price is $48.90.

Tempur Sealy International (NYSE:TPX) last released its quarterly earnings data on Thursday, July 27th. The company reported $0.45 EPS for the quarter, topping analysts’ consensus estimates of $0.40 by $0.05. The business had revenue of $659.30 million during the quarter, compared to the consensus estimate of $661.65 million. Tempur Sealy International had a return on equity of 617.75% and a net margin of 6.69%. The business’s revenue for the quarter was down 18.0% on a year-over-year basis. During the same period in the prior year, the firm posted $0.92 EPS. On average, equities analysts anticipate that Tempur Sealy International, Inc. will post $3.29 earnings per share for the current fiscal year.

In other Tempur Sealy International news, major shareholder Rehan Jaffer purchased 220,635 shares of the firm’s stock in a transaction that occurred on Tuesday, May 9th. The stock was purchased at an average cost of $48.40 per share, with a total value of $10,678,734.00. The acquisition was disclosed in a filing with the SEC, which is available at the SEC website. Also, Director Jon L. Luther purchased 2,750 shares of the firm’s stock in a transaction that occurred on Monday, May 15th. The shares were acquired at an average cost of $48.45 per share, with a total value of $133,237.50. Following the completion of the transaction, the director now owns 13,668 shares in the company, valued at approximately $662,214.60. The disclosure for this purchase can be found here. Over the last ninety days, insiders have purchased 1,922,750 shares of company stock valued at $92,080,731. 2.10% of the stock is owned by corporate insiders.

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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