Tempur Sealy International, Inc. (NYSE:TPX) Receives Consensus Recommendation of “Buy” from Brokerages

Tempur Sealy International, Inc. (NYSE:TPX) has been assigned a consensus recommendation of “Buy” from the nine analysts that are covering the stock, MarketBeat.com reports. Eight equities research analysts have rated the stock with a buy rating and one has assigned a strong buy rating to the company. The average 12-month price objective among brokers that have issued a report on the stock in the last year is $72.75.

Several analysts have commented on the stock. Wedbush reissued an “outperform” rating and issued a $80.00 target price (up from $67.00) on shares of Tempur Sealy International in a research report on Monday, February 3rd. StockNews.com started coverage on shares of Tempur Sealy International in a research report on Sunday. They set a “hold” rating for the company. KeyCorp lifted their price target on shares of Tempur Sealy International from $70.00 to $74.00 and gave the company an “overweight” rating in a research note on Friday, February 7th. Piper Sandler upped their price target on shares of Tempur Sealy International from $65.00 to $76.00 and gave the stock an “overweight” rating in a research report on Monday, February 3rd. Finally, Bank of America upped their price objective on shares of Tempur Sealy International from $73.00 to $79.00 and gave the stock a “buy” rating in a research report on Tuesday, February 11th.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in TPX. Vanguard Group Inc. raised its stake in shares of Tempur Sealy International by 1.1% in the fourth quarter. Vanguard Group Inc. now owns 16,271,097 shares of the company’s stock valued at $922,408,000 after acquiring an additional 179,955 shares during the period. FMR LLC increased its stake in shares of Tempur Sealy International by 4.4% during the fourth quarter. FMR LLC now owns 9,062,453 shares of the company’s stock valued at $513,750,000 after buying an additional 384,094 shares during the period. State Street Corp increased its stake in shares of Tempur Sealy International by 0.6% during the third quarter. State Street Corp now owns 5,025,440 shares of the company’s stock valued at $274,389,000 after buying an additional 28,991 shares during the period. Linonia Partnership LP grew its stake in Tempur Sealy International by 17.8% in the fourth quarter. Linonia Partnership LP now owns 4,824,379 shares of the company’s stock valued at $273,494,000 after purchasing an additional 729,200 shares during the last quarter. Finally, Timucuan Asset Management Inc. FL grew its position in shares of Tempur Sealy International by 0.3% in the 4th quarter. Timucuan Asset Management Inc. FL now owns 4,238,753 shares of the company’s stock worth $240,295,000 after buying an additional 14,233 shares during the last quarter. Hedge funds and other institutional investors own 99.86% of the company’s stock.

Tempur Sealy International Price Performance

The company has a debt-to-equity ratio of 3.95, a current ratio of 1.14 and a quick ratio of 0.65. The stock has a 50 day simple moving average of $59.48 and a 200 day simple moving average of $54.63. Tempur Sealy International has a fifty-two week low of $45.04 and a fifty-two week high of $69.55. The company has a market cap 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.

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.