Tempur Sealy International, Inc. (NYSE:TPX)‘s stock had its “hold” rating reiterated by SunTrust Banks, Inc. in a report issued on Friday. They presently have a $55.00 target price on the stock. SunTrust Banks, Inc.’s target price points to a potential upside of 2.00% from the company’s current price.

Several other research firms have also weighed in on TPX. Zacks Investment Research lowered shares of Tempur Sealy International from a “buy” rating to a “hold” rating in a research report on Wednesday, September 13th. BidaskClub upgraded shares of Tempur Sealy International from a “buy” rating to a “strong-buy” rating in a research report on Monday, July 31st. Stifel Nicolaus restated a “hold” rating and set a $47.00 price objective on shares of Tempur Sealy International in a research report on Friday, July 14th. Finally, ValuEngine upgraded shares of Tempur Sealy International from a “hold” rating to a “buy” rating in a research report on Saturday, September 30th. Two investment analysts have rated the stock with a sell rating, nine have issued a hold rating, three have given a buy rating and two have given a strong buy rating to the company. The stock currently has an average rating of “Hold” and an average target price of $62.44.

Tempur Sealy International (NYSE TPX) opened at $53.92 on Friday. The company has a current ratio of 1.08, a quick ratio of 0.84 and a debt-to-equity ratio of 20.03. The stock has a market cap of $2,965.44, a price-to-earnings ratio of 15.33, a PEG ratio of 1.12 and a beta of 1.60.

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

ILLEGAL ACTIVITY WARNING: This piece of content was originally published by American Banking News and is owned by of American Banking News. If you are viewing this piece of content on another publication, it was copied illegally and reposted in violation of US and international trademark & copyright legislation. The legal version of this piece of content can be viewed at https://www.americanbankingnews.com/2017/11/04/tempur-sealy-international-inc-tpx-stock-rating-reaffirmed-by-suntrust-banks-inc.html.

Several hedge funds and other institutional investors have recently bought and sold shares of TPX. UBS Asset Management Americas Inc. lifted its position in shares of Tempur Sealy International by 27.5% in the first quarter. UBS Asset Management Americas Inc. now owns 42,251 shares of the company’s stock worth $1,963,000 after purchasing an additional 9,114 shares in the last quarter. OppenheimerFunds Inc. lifted its position in shares of Tempur Sealy International by 73.0% in the first quarter. OppenheimerFunds Inc. now owns 17,026 shares of the company’s stock worth $791,000 after purchasing an additional 7,186 shares in the last quarter. California Public Employees Retirement System lifted its position in shares of Tempur Sealy International by 1.1% in the first quarter. California Public Employees Retirement System now owns 121,100 shares of the company’s stock worth $5,626,000 after purchasing an additional 1,300 shares in the last quarter. PNC Financial Services Group Inc. lifted its position in shares of Tempur Sealy International by 14.7% in the first quarter. PNC Financial Services Group Inc. now owns 2,131 shares of the company’s stock worth $100,000 after purchasing an additional 273 shares in the last quarter. Finally, Legal & General Group Plc lifted its position in shares of Tempur Sealy International by 78.1% in the first quarter. Legal & General Group Plc now owns 42,370 shares of the company’s stock worth $1,968,000 after purchasing an additional 18,584 shares in the last quarter.

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)

Receive News & Ratings for Tempur Sealy International Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Tempur Sealy International Inc. and related companies with MarketBeat.com's FREE daily email newsletter.