Tempur Sealy International (NYSE:TPX) Price Target Raised to $79.00

Tempur Sealy International (NYSE:TPX) had its target price boosted by Bank of America from $73.00 to $79.00 in a research report report published on Tuesday morning,Benzinga reports. They currently have a buy rating on the stock.

Other analysts have also issued research reports about the stock. Truist Financial raised their price objective on shares of Tempur Sealy International from $63.00 to $69.00 and gave the stock a “buy” rating in a report on Wednesday, January 29th. Wedbush reaffirmed an “outperform” rating and issued a $80.00 target price (up previously from $67.00) on shares of Tempur Sealy International in a research note on Monday, February 3rd. William Blair upgraded Tempur Sealy International from a “market perform” rating to an “outperform” rating in a report on Wednesday, February 5th. UBS Group boosted their target price on Tempur Sealy International from $67.00 to $78.00 and gave the company a “buy” rating in a research note on Monday, February 3rd. Finally, Raymond James dropped their price target on Tempur Sealy International from $57.00 to $55.00 and set a “strong-buy” rating on the stock in a research note on Friday, November 1st. Nine research analysts have rated the stock with a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat.com, the company presently has an average rating of “Buy” and an average price target of $73.25.

Tempur Sealy International Stock Performance

TPX opened at $68.39 on Tuesday. The stock has a market cap of $11.88 billion, a PE ratio of 31.23, a P/E/G ratio of 2.07 and a beta of 1.64. The stock’s 50 day simple moving average is $58.93 and its 200-day simple moving average is $54.36. Tempur Sealy International has a 1 year low of $45.04 and a 1 year high of $68.53. The company has a current ratio of 1.14, a quick ratio of 0.65 and a debt-to-equity ratio of 3.95.

Institutional Inflows and Outflows

Several institutional investors have recently made changes to their positions in the company. UMB Bank n.a. lifted its position in Tempur Sealy International by 750.9% in the third quarter. UMB Bank n.a. now owns 468 shares of the company’s stock valued at $26,000 after purchasing an additional 413 shares during the last quarter. Brooklyn Investment Group purchased a new stake in Tempur Sealy International in the third quarter worth $27,000. Private Trust Co. NA increased its stake in shares of Tempur Sealy International by 49.2% during the fourth 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 boosted its holdings in Tempur Sealy International by 92.7% in the fourth quarter. Jones Financial Companies Lllp now owns 607 shares of the company’s stock worth $34,000 after acquiring an additional 292 shares in the last quarter. Finally, Versant Capital Management Inc grew its holdings in shares of Tempur Sealy International by 365.2% during the fourth quarter. Versant Capital Management Inc now owns 614 shares of the company’s stock valued at $35,000 after buying an additional 482 shares during the last quarter. Institutional investors own 99.86% of the company’s stock.

Tempur Sealy International Company Profile

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.