Tempur Sealy International (NYSE:TPX) Now Covered by Analysts at StockNews.com

StockNews.com initiated coverage on shares of Tempur Sealy International (NYSE:TPX) in a report issued on Tuesday. The firm issued a hold rating on the stock.

Several other analysts also recently commented on TPX. Bank of America upped their price objective on Tempur Sealy International from $73.00 to $79.00 and gave the company a “buy” rating in a research note on Tuesday, February 11th. Truist Financial upped their price target on Tempur Sealy International from $63.00 to $69.00 and gave the stock a “buy” rating in a research note on Wednesday, January 29th. Wedbush reaffirmed an “outperform” rating and set a $80.00 price target (up from $67.00) on shares of Tempur Sealy International in a report on Monday, February 3rd. KeyCorp boosted 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, William Blair upgraded shares of Tempur Sealy International from a “market perform” rating to an “outperform” rating in a research report on Wednesday, February 5th. One research analyst has rated the stock with a hold rating, seven have issued a buy rating and one has given a strong buy rating to the company’s stock. According to data from MarketBeat, the stock currently has an average rating of “Buy” and a consensus price target of $72.43.

Tempur Sealy International Stock Performance

The company has a 50 day simple moving average of $59.48 and a two-hundred day simple moving average of $54.63. Tempur Sealy International has a one year low of $45.04 and a one year high of $69.55. The company has a current ratio of 1.14, a quick ratio of 0.65 and a debt-to-equity ratio of 3.95. The firm has a market capitalization of $11.94 billion, a price-to-earnings ratio of 27.73, a PEG ratio of 2.18 and a beta of 1.64.

Institutional Investors Weigh In On Tempur Sealy International

A number of hedge funds and other institutional investors have recently bought and sold shares of the business. IFP Advisors Inc increased its holdings in shares of Tempur Sealy International by 22.7% in the 4th quarter. IFP Advisors Inc now owns 828 shares of the company’s stock valued at $47,000 after purchasing an additional 153 shares in the last quarter. Private Trust Co. NA grew its position in Tempur Sealy International by 49.2% during the fourth 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 period. Coldstream Capital Management Inc. increased its holdings in Tempur Sealy International by 3.1% in the third quarter. Coldstream Capital Management Inc. now owns 6,488 shares of the company’s stock valued at $354,000 after buying an additional 194 shares in the last quarter. Oregon Public Employees Retirement Fund lifted its position in shares of Tempur Sealy International by 0.6% during the 4th quarter. Oregon Public Employees Retirement Fund now owns 35,371 shares of the company’s stock valued at $2,005,000 after acquiring an additional 200 shares during the period. Finally, TD Waterhouse Canada Inc. boosted its stake in shares of Tempur Sealy International by 1.6% during the 4th quarter. TD Waterhouse Canada Inc. now owns 15,446 shares of the company’s stock worth $876,000 after acquiring an additional 236 shares in the last quarter. Institutional investors and hedge funds 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.