Tempur Sealy International, Inc. (NYSE:TPX)‘s stock had its “buy” rating reiterated by research analysts at Stifel Nicolaus in a report released on Friday. They presently have a $80.00 target price on the stock. Stifel Nicolaus’ price target indicates a potential upside of 48.40% from the stock’s current price.

Other equities research analysts have also issued research reports about the stock. BidaskClub raised shares of Tempur Sealy International from a “buy” rating to a “strong-buy” rating in a research report on Monday, July 31st. Zacks Investment Research raised shares of Tempur Sealy International from a “hold” rating to a “buy” rating and set a $69.00 price objective for the company in a research report on Friday, August 18th. ValuEngine lowered shares of Tempur Sealy International from a “buy” rating to a “hold” rating in a research report on Thursday. SunTrust Banks, Inc. reissued a “hold” rating and issued a $60.00 price objective on shares of Tempur Sealy International in a research report on Monday, October 2nd. Finally, Piper Jaffray Companies set a $61.00 price objective on shares of Tempur Sealy International and gave the stock a “hold” rating in a research report on Thursday, July 27th. Three research analysts have rated the stock with a sell rating, eight have given a hold rating, three have issued a buy rating and two have issued a strong buy rating to the company’s stock. The company presently has a consensus rating of “Hold” and a consensus target price of $63.00.

Tempur Sealy International (NYSE:TPX) traded down $12.58 during trading hours on Friday, reaching $53.91. 1,781,293 shares of the company’s stock were exchanged, compared to its average volume of 1,102,531. The company has a market capitalization of $2,965.44, a PE ratio of 15.33 and a beta of 1.60.

Tempur Sealy International (NYSE:TPX) last posted its quarterly earnings results on Thursday, November 2nd. The company reported $1.00 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.97 by $0.03. The company had revenue of $724.80 million for the quarter, compared to the consensus estimate of $756.10 million. Tempur Sealy International had a net margin of 5.79% and a return on equity of 1,042.63%. Tempur Sealy International’s revenue was down 12.9% on a year-over-year basis. During the same quarter last year, the firm posted $1.32 earnings per share. analysts forecast that Tempur Sealy International will post 3.26 EPS for the current year.

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Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. PNC Financial Services Group Inc. grew its holdings in Tempur Sealy International by 14.7% during the 1st quarter. PNC Financial Services Group Inc. now owns 2,131 shares of the company’s stock valued at $100,000 after purchasing an additional 273 shares in the last quarter. Zurcher Kantonalbank Zurich Cantonalbank grew its holdings in Tempur Sealy International by 12.1% during the 2nd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 2,165 shares of the company’s stock valued at $116,000 after purchasing an additional 234 shares in the last quarter. Sei Investments Co. grew its holdings in Tempur Sealy International by 23.1% during the 2nd quarter. Sei Investments Co. now owns 2,247 shares of the company’s stock valued at $120,000 after purchasing an additional 421 shares in the last quarter. NEXT Financial Group Inc grew its holdings in Tempur Sealy International by 9,500.0% during the 2nd quarter. NEXT Financial Group Inc now owns 2,400 shares of the company’s stock valued at $128,000 after purchasing an additional 2,375 shares in the last quarter. Finally, James Investment Research Inc. acquired a new stake in Tempur Sealy International during the 2nd quarter valued at $183,000.

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.

Analyst Recommendations for Tempur Sealy International (NYSE:TPX)

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