Tempur Sealy International (TPX) Set to Announce Earnings on Thursday

Tempur Sealy International (NYSE:TPX) is set to release its earnings data before the market opens on Thursday, February 22nd. Analysts expect Tempur Sealy International to post earnings of $0.83 per share for the quarter.

Tempur Sealy International (NYSE:TPX) opened at $55.97 on Thursday. Tempur Sealy International has a 52 week low of $39.57 and a 52 week high of $68.05. The stock has a market cap of $2,974.52, a P/E ratio of 18.66, a price-to-earnings-growth ratio of 0.84 and a beta of 1.27. The company has a quick ratio of 0.77, a current ratio of 1.08 and a debt-to-equity ratio of 20.03.

A number of brokerages have issued reports on TPX. Wedbush raised shares of Tempur Sealy International from a “neutral” rating to an “outperform” rating and raised their price objective for the company from $60.00 to $65.00 in a research note on Wednesday, February 7th. Zacks Investment Research cut shares of Tempur Sealy International from a “strong-buy” rating to a “hold” rating in a research note on Friday, February 2nd. TheStreet raised shares of Tempur Sealy International from a “c” rating to a “b” rating in a research note on Thursday, November 2nd. ValuEngine cut shares of Tempur Sealy International from a “buy” rating to a “hold” rating in a research note on Thursday, November 2nd. Finally, Stifel Nicolaus reaffirmed a “buy” rating and issued a $80.00 price objective on shares of Tempur Sealy International in a research note on Friday, November 3rd. Six analysts have rated the stock with a hold rating, five have given a buy rating and one has assigned a strong buy rating to the company’s stock. The company currently has an average rating of “Buy” and a consensus price target of $70.00.

In other Tempur Sealy International news, EVP Richard W. Anderson sold 24,345 shares of the stock in a transaction on Tuesday, December 19th. The shares were sold at an average price of $64.99, for a total value of $1,582,181.55. Following the sale, the executive vice president now directly owns 78,236 shares in the company, valued at $5,084,557.64. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Company insiders own 2.10% of the company’s stock.

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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.

Earnings History for Tempur Sealy International (NYSE:TPX)

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