Equities analysts expect Tempur Sealy International, Inc. (NYSE:TPX) to announce earnings per share (EPS) of $0.84 for the current fiscal quarter, according to Zacks. Six analysts have made estimates for Tempur Sealy International’s earnings, with the lowest EPS estimate coming in at $0.70 and the highest estimate coming in at $0.99. Tempur Sealy International reported earnings of $1.18 per share in the same quarter last year, which would indicate a negative year-over-year growth rate of 28.8%. The firm is scheduled to issue its next earnings report on Thursday, February 15th.

According to Zacks, analysts expect that Tempur Sealy International will report full-year earnings of $3.25 per share for the current financial year, with EPS estimates ranging from $3.10 to $3.40. For the next year, analysts expect that the business will post earnings of $3.80 per share, with EPS estimates ranging from $3.21 to $4.85. Zacks Investment Research’s EPS calculations are a mean average based on a survey of research analysts that cover Tempur Sealy International.

Tempur Sealy International (NYSE:TPX) last posted its earnings results 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. The company had revenue of $724.80 million for the quarter, compared to analyst estimates of $756.10 million. Tempur Sealy International had a return on equity of 1,042.63% and a net margin of 5.79%. The business’s revenue was down 12.9% compared to the same quarter last year. During the same period last year, the company earned $1.32 earnings per share.

A number of equities analysts have recently commented on the company. Zacks Investment Research lowered Tempur Sealy International from a “hold” rating to a “sell” rating in a research note on Tuesday, October 24th. SunTrust Banks reiterated a “hold” rating and issued a $55.00 price objective on shares of Tempur Sealy International in a research note on Friday, November 3rd. ValuEngine lowered Tempur Sealy International from a “buy” rating to a “hold” rating in a research note on Thursday, November 2nd. Stifel Nicolaus reiterated a “buy” rating and issued a $80.00 price objective on shares of Tempur Sealy International in a research note on Friday, November 3rd. Finally, Bank of America reiterated a “buy” rating and issued a $85.00 price objective (up from $75.00) on shares of Tempur Sealy International in a research note on Wednesday, August 30th. Two equities research analysts have rated the stock with a sell rating, nine have issued a hold rating, four have given a buy rating and one has given a strong buy rating to the company. Tempur Sealy International currently has an average rating of “Hold” and an average target price of $61.33.

In other news, EVP H Clifford Buster III purchased 18,800 shares of the stock in a transaction that occurred on Thursday, November 9th. The shares were purchased at an average cost of $53.03 per share, for a total transaction of $996,964.00. Following the completion of the purchase, the executive vice president now directly owns 18,800 shares of the company’s stock, valued at approximately $996,964. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Also, CEO Scott L. Thompson purchased 19,565 shares of the stock in a transaction that occurred on Tuesday, November 7th. The shares were purchased at an average price of $51.19 per share, for a total transaction of $1,001,532.35. Following the completion of the purchase, the chief executive officer now directly owns 245,019 shares of the company’s stock, valued at $12,542,522.61. The disclosure for this purchase can be found here. Insiders own 2.10% of the company’s stock.

Institutional investors and hedge funds have recently modified their holdings of the stock. IHT Wealth Management LLC bought a new position in Tempur Sealy International during the second quarter valued at about $446,000. Capital Guardian Trust Co. bought a new position in Tempur Sealy International during the third quarter valued at about $132,000. Zurcher Kantonalbank Zurich Cantonalbank increased its stake in Tempur Sealy International by 12.1% during the second quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 2,165 shares of the company’s stock valued at $116,000 after acquiring an additional 234 shares during the period. Sei Investments Co. increased its stake in Tempur Sealy International by 23.1% during the second quarter. Sei Investments Co. now owns 2,247 shares of the company’s stock valued at $120,000 after acquiring an additional 421 shares during the period. Finally, World Asset Management Inc bought a new position in Tempur Sealy International during the third quarter valued at about $202,000.

Tempur Sealy International (NYSE TPX) traded up $0.55 during trading on Friday, hitting $62.33. The stock had a trading volume of 914,726 shares, compared to its average volume of 867,193. The company has a quick ratio of 0.77, a current ratio of 1.08 and a debt-to-equity ratio of 20.03. The company has a market capitalization of $3,377.10, a price-to-earnings ratio of 17.36, a PEG ratio of 1.28 and a beta of 1.53. Tempur Sealy International has a twelve month low of $39.57 and a twelve month high of $70.45.

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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.

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Earnings History and Estimates for Tempur Sealy International (NYSE:TPX)

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