Headlines about Tempur Sealy International (NYSE:TPX) have been trending somewhat positive recently, Accern reports. The research group rates the sentiment of press coverage by analyzing more than twenty million blog and news sources. Accern ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. Tempur Sealy International earned a news impact score of 0.22 on Accern’s scale. Accern also assigned news articles about the company an impact score of 45.9655440364654 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the immediate future.
A number of equities research analysts have recently commented on the company. Zacks Investment Research upgraded Tempur Sealy International from a “hold” rating to a “buy” rating and set a $70.00 price objective for the company in a research report on Thursday. SunTrust Banks reiterated a “hold” rating and set a $60.00 price objective on shares of Tempur Sealy International in a research report on Monday, October 2nd. Stifel Nicolaus reiterated a “buy” rating and set a $80.00 price objective on shares of Tempur Sealy International in a research report on Friday, November 3rd. Wedbush reiterated a “hold” rating on shares of Tempur Sealy International in a research report on Friday, December 8th. Finally, Raymond James Financial reiterated a “buy” rating on shares of Tempur Sealy International in a research report on Thursday, December 7th. Two research analysts have rated the stock with a sell rating, eight have issued a hold rating, five have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. The company currently has a consensus rating of “Hold” and a consensus price target of $62.44.
Shares of Tempur Sealy International (TPX) opened at $63.95 on Friday. The stock has a market capitalization of $3,460.00, a price-to-earnings ratio of 21.32, a PEG ratio of 0.99 and a beta of 1.54. Tempur Sealy International has a 1-year low of $39.57 and a 1-year high of $68.05. The company has a quick ratio of 0.77, a current ratio of 1.08 and a debt-to-equity ratio of 20.03.
Tempur Sealy International (NYSE:TPX) last released its earnings results on Thursday, November 2nd. The company reported $1.00 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.97 by $0.03. The company had revenue of $724.80 million during the quarter, compared to analyst estimates of $756.10 million. Tempur Sealy International had a return on equity of 1,042.63% and a net margin of 5.79%. The company’s revenue for the quarter was down 12.9% on a year-over-year basis. During the same quarter in the prior year, the company earned $1.32 earnings per share. sell-side analysts expect that Tempur Sealy International will post 3.25 EPS for the current fiscal year.
In other Tempur Sealy International news, CEO Scott L. Thompson bought 19,565 shares of Tempur Sealy International stock in a transaction dated Tuesday, November 7th. The stock was bought at an average price of $51.19 per share, for a total transaction of $1,001,532.35. Following the completion of the acquisition, the chief executive officer now directly owns 245,019 shares of the company’s stock, valued at $12,542,522.61. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, EVP Richard W. Anderson sold 24,345 shares of the stock in a transaction on Tuesday, December 19th. The shares were sold at an average price of $64.99, for a total value of $1,582,181.55. Following the completion of the sale, the executive vice president now owns 78,236 shares of the company’s stock, valued at approximately $5,084,557.64. The disclosure for this sale can be found here. 2.10% of the stock is owned by corporate insiders.
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Tempur Sealy International Company Profile
Tempur Sealy International, Inc is a bedding manufacturer. The Company develops, manufactures, markets and distributes bedding products. The Company operates in two segments: North America and International. The North America segment consists of Tempur and Sealy manufacturing and distribution subsidiaries, joint ventures and licensees located in the United States and Canada.
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