Media headlines about Tempur Sealy International (NYSE:TPX) have been trending somewhat positive this week, according to Accern Sentiment Analysis. The research group rates the sentiment of news coverage by monitoring more than 20 million news and blog sources in real time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Tempur Sealy International earned a media sentiment score of 0.09 on Accern’s scale. Accern also assigned headlines about the company an impact score of 46.2431600480201 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the next several days.
Here are some of the news headlines that may have impacted Accern Sentiment Analysis’s analysis:
- Tempur Sealy International (TPX) & Flexsteel Industries (FLXS) Head-To-Head Comparison (americanbankingnews.com)
- These Stocks May Be About to Change Direction (finance.yahoo.com)
- $693.49 Million in Sales Expected for Tempur Sealy International (TPX) This Quarter (americanbankingnews.com)
- Zacks: Analysts Anticipate Tempur Sealy International (TPX) Will Announce Earnings of $0.64 Per Share (americanbankingnews.com)
TPX has been the subject of several analyst reports. Zacks Investment Research cut Tempur Sealy International from a “buy” rating to a “hold” rating in a report on Tuesday, February 27th. TheStreet cut Tempur Sealy International from a “b-” rating to a “c+” rating in a report on Thursday, February 22nd. SunTrust Banks dropped their target price on Tempur Sealy International to $45.00 and set a “hold” rating for the company in a report on Monday, May 7th. Loop Capital cut Tempur Sealy International from a “hold” rating to a “sell” rating and dropped their target price for the company from $49.00 to $36.00 in a report on Monday, April 16th. Finally, Stifel Nicolaus dropped their target price on Tempur Sealy International from $65.00 to $60.00 and set a “buy” rating for the company in a report on Friday, May 4th. Two investment analysts have rated the stock with a sell rating, four have assigned a hold rating, five have given a buy rating and one has assigned a strong buy rating to the stock. Tempur Sealy International has an average rating of “Hold” and a consensus price target of $58.22.
NYSE TPX opened at $48.53 on Friday. The firm has a market cap of $2.67 billion, a PE ratio of 15.17, a price-to-earnings-growth ratio of 0.64 and a beta of 1.34. The company has a debt-to-equity ratio of 11.97, a current ratio of 1.16 and a quick ratio of 0.78. Tempur Sealy International has a twelve month low of $41.10 and a twelve month high of $68.05.
Tempur Sealy International (NYSE:TPX) last released its quarterly earnings results on Thursday, May 3rd. The company reported $0.42 earnings per share for the quarter, missing analysts’ consensus estimates of $0.46 by ($0.04). The business had revenue of $648.00 million for the quarter, compared to analysts’ expectations of $634.33 million. Tempur Sealy International had a return on equity of 161.62% and a net margin of 5.29%. The business’s revenue for the quarter was down 10.3% compared to the same quarter last year. During the same quarter in the prior year, the company posted $0.96 earnings per share. equities analysts expect that Tempur Sealy International will post 3.45 earnings per share for the current year.
In other Tempur Sealy International news, major shareholder Rehan Jaffer purchased 688,800 shares of the stock in a transaction dated Wednesday, May 9th. The stock was acquired at an average cost of $44.60 per share, for a total transaction of $30,720,480.00. The acquisition was disclosed in a filing with the SEC, which is available at the SEC website. Corporate insiders own 2.10% of the company’s stock.
About Tempur Sealy International
Tempur Sealy International, Inc, together with its subsidiaries, develops, manufactures, markets, and distributes bedding products. The company operates through two segments, North America and International. It provides mattresses, foundations, and adjustable bases, as well as other products comprising pillows and other accessories under the TEMPUR, Tempur-Pedic, Sealy, and Stearns & Foster brands.
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