Tempur Sealy International (NYSE:TPX) Raised to Buy at StockNews.com

Tempur Sealy International (NYSE:TPX) was upgraded by StockNews.com from a “hold” rating to a “buy” rating in a research note issued to investors on Wednesday.

Several other research firms have also commented on TPX. Piper Sandler raised their price target on Tempur Sealy International from $65.00 to $76.00 and gave the stock an “overweight” rating in a research report on Monday, February 3rd. KeyCorp increased their price target on shares of Tempur Sealy International from $70.00 to $74.00 and gave the stock an “overweight” rating in a research note on Friday, February 7th. UBS Group increased their price target on shares of Tempur Sealy International from $67.00 to $78.00 and gave the stock a “buy” rating in a report on Monday, February 3rd. William Blair raised Tempur Sealy International from a “market perform” rating to an “outperform” rating in a research note on Wednesday, February 5th. Finally, Bank of America upped their price target on shares of Tempur Sealy International from $73.00 to $79.00 and gave the company a “buy” rating in a report on Tuesday. Nine analysts have rated the stock with a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat.com, Tempur Sealy International has an average rating of “Buy” and an average target price of $73.25.

Tempur Sealy International Stock Performance

TPX opened at $68.39 on Wednesday. The firm has a market capitalization of $11.88 billion, a PE ratio of 31.23, a PEG ratio of 2.07 and a beta of 1.64. The company has a current ratio of 1.14, a quick ratio of 0.65 and a debt-to-equity ratio of 3.95. Tempur Sealy International has a twelve month low of $45.04 and a twelve month high of $68.53. The firm’s 50-day moving average price is $58.93 and its 200 day moving average price is $54.36.

Institutional Trading of Tempur Sealy International

Large investors have recently added to or reduced their stakes in the business. UMB Bank n.a. lifted its stake in shares of 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 buying an additional 413 shares during the period. Brooklyn Investment Group bought a new position in Tempur Sealy International in the 3rd quarter valued at $27,000. Private Trust Co. NA increased its position 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 acquiring an additional 182 shares in the last quarter. Jones Financial Companies Lllp raised its position in shares of Tempur Sealy International by 92.7% during 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 during the last quarter. Finally, Versant Capital Management Inc raised its stake 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 worth $35,000 after buying an additional 482 shares during the last quarter. 99.86% of the stock is owned by institutional investors.

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.