Tempur Sealy International, Inc. (NYSE:TPX) Receives $72.43 Consensus Price Target from Brokerages

Tempur Sealy International, Inc. (NYSE:TPX) has earned a consensus rating of “Buy” from the eight analysts that are covering the stock, MarketBeat.com reports. Seven equities research analysts have rated the stock with a buy recommendation and one has issued a strong buy recommendation on the company. The average 12-month price objective among analysts that have updated their coverage on the stock in the last year is $72.43.

A number of equities analysts recently issued reports on TPX shares. Truist Financial upped their price target on Tempur Sealy International from $63.00 to $69.00 and gave the company a “buy” rating in a report on Wednesday, January 29th. Wedbush reissued an “outperform” rating and issued a $80.00 price objective (up from $67.00) on shares of Tempur Sealy International in a report on Monday, February 3rd. StockNews.com started coverage on shares of Tempur Sealy International in a research report on Saturday, May 3rd. They issued a “hold” rating for the company. UBS Group raised their price objective on shares of Tempur Sealy International from $67.00 to $78.00 and gave the stock a “buy” rating in a research report on Monday, February 3rd. Finally, Bank of America raised their price target on Tempur Sealy International from $73.00 to $79.00 and gave the stock a “buy” rating in a report on Tuesday, February 11th.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Private Trust Co. NA increased its stake in Tempur Sealy International by 49.2% in the 4th quarter. Private Trust Co. NA now owns 552 shares of the company’s stock valued at $31,000 after purchasing an additional 182 shares in the last quarter. Jones Financial Companies Lllp raised its stake in shares of Tempur Sealy International by 92.7% during the 4th quarter. Jones Financial Companies Lllp now owns 607 shares of the company’s stock worth $34,000 after buying an additional 292 shares during the last quarter. UMB Bank n.a. grew its stake in Tempur Sealy International by 72.0% in the 4th quarter. UMB Bank n.a. now owns 805 shares of the company’s stock valued at $46,000 after acquiring an additional 337 shares during the last quarter. IFP Advisors Inc increased its holdings in Tempur Sealy International by 22.7% during the 4th quarter. IFP Advisors Inc now owns 828 shares of the company’s stock valued at $47,000 after acquiring an additional 153 shares in the last quarter. Finally, GeoWealth Management LLC acquired a new position in Tempur Sealy International during the fourth quarter worth about $57,000. 99.86% of the stock is currently owned by institutional investors and hedge funds.

Tempur Sealy International Price Performance

The business’s 50 day moving average price is $59.48 and its 200 day moving average price is $54.63. The firm has a market cap of $11.94 billion, a PE ratio of 27.73, a PEG ratio of 2.18 and a beta of 1.64. Tempur Sealy International has a twelve month low of $45.04 and a twelve month high of $69.55. The company has a quick ratio of 0.65, a current ratio of 1.14 and a debt-to-equity ratio of 3.95.

About Tempur Sealy International

Tempur Sealy International, Inc, together with its subsidiaries, designs, manufactures, distributes, and retails bedding products in the United States and internationally. It provides mattresses, foundations and adjustable foundations, and adjustable bases, as well as other products comprising pillows, mattress covers, sheets, cushions, and various other accessories and comfort products under the Tempur-Pedic, Sealy, Stearns & Foster, Sealy, and Cocoon by Sealy brand names.