Tempur Sealy International (TPX) Projected to Post Earnings on Thursday

Tempur Sealy International (NYSE:TPX) will likely be posting its quarterly earnings results before the market opens on Thursday, February 20th. Analysts expect Tempur Sealy International to post earnings of $0.57 per share and revenue of $1.18 billion for the quarter. Parties that wish to listen to the company’s conference call can do so using this link.

Tempur Sealy International Stock Performance

Shares of TPX opened at $66.50 on Thursday. The company has a debt-to-equity ratio of 3.95, a quick ratio of 0.65 and a current ratio of 1.14. Tempur Sealy International has a 1 year low of $45.04 and a 1 year high of $68.53. The firm has a fifty day moving average of $58.67 and a 200-day moving average of $54.26. The company has a market cap of $11.55 billion, a price-to-earnings ratio of 30.37, a price-to-earnings-growth ratio of 2.07 and a beta of 1.64.

Analyst Upgrades and Downgrades

Several equities research analysts have commented on TPX shares. Raymond James dropped their price target on shares of 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. William Blair upgraded Tempur Sealy International from a “market perform” rating to an “outperform” rating in a research report on Wednesday, February 5th. Wedbush reiterated an “outperform” rating and set a $80.00 price target (up previously from $67.00) on shares of Tempur Sealy International in a research report on Monday, February 3rd. KeyCorp lifted their price objective 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. Finally, Truist Financial increased their target price on shares of Tempur Sealy International from $63.00 to $69.00 and gave the company a “buy” rating in a research report on Wednesday, January 29th. Nine equities research analysts have rated the stock with a buy rating and one has assigned a strong buy rating to the company’s stock. According to data from MarketBeat.com, Tempur Sealy International has a consensus rating of “Buy” and an average price target of $73.25.

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.