Tempur Sealy International (NYSE:TPX) Coverage Initiated by Analysts at StockNews.com

StockNews.com assumed coverage on shares of Tempur Sealy International (NYSE:TPX) in a report issued on Saturday. The brokerage set a “hold” rating on the stock.

A number of other research analysts also recently issued reports on the stock. William Blair raised shares of Tempur Sealy International from a “market perform” rating to an “outperform” rating in a research report on Wednesday, February 5th. Wedbush reaffirmed an “outperform” rating and issued a $80.00 price target (up from $67.00) on shares of Tempur Sealy International in a report on Monday, February 3rd. Piper Sandler upped 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. Truist Financial raised their price objective on Tempur Sealy International from $63.00 to $69.00 and gave the stock a “buy” rating in a research report on Wednesday, January 29th. Finally, UBS Group upped their target price on Tempur Sealy International from $67.00 to $78.00 and gave the company a “buy” rating in a research report on Monday, February 3rd. One equities research analyst has rated the stock with a hold rating, eight have assigned a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat, Tempur Sealy International has an average rating of “Buy” and a consensus price target of $72.75.

Tempur Sealy International Price Performance

The company’s fifty day moving average is $59.48 and its 200-day moving average is $54.63. Tempur Sealy International has a 12-month low of $45.04 and a 12-month high of $69.55. The company has a debt-to-equity ratio of 3.95, a quick ratio of 0.65 and a current ratio of 1.14. The company has a market capitalization of $11.94 billion, a P/E ratio of 27.73, a P/E/G ratio of 2.18 and a beta of 1.64.

Institutional Trading of Tempur Sealy International

Several large investors have recently added to or reduced their stakes in TPX. Brooklyn Investment Group acquired a new stake in shares of Tempur Sealy International during the third quarter worth about $27,000. Private Trust Co. NA raised its position in Tempur Sealy International by 49.2% during the 4th quarter. Private Trust Co. NA now owns 552 shares of the company’s stock worth $31,000 after buying an additional 182 shares during the last quarter. Jones Financial Companies Lllp lifted its stake in Tempur Sealy International by 92.7% during the 4th quarter. Jones Financial Companies Lllp now owns 607 shares of the company’s stock valued at $34,000 after acquiring an additional 292 shares during the period. Versant Capital Management Inc boosted its holdings in shares of Tempur Sealy International by 365.2% in the 4th quarter. Versant Capital Management Inc now owns 614 shares of the company’s stock valued at $35,000 after acquiring an additional 482 shares during the last quarter. Finally, UMB Bank n.a. increased its stake in shares of Tempur Sealy International by 72.0% in the fourth quarter. UMB Bank n.a. now owns 805 shares of the company’s stock worth $46,000 after acquiring an additional 337 shares during the period. Hedge funds and other 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.