Tempur Sealy International (TPX) Stock Rating Lowered by ValuEngine

Tempur Sealy International (NYSE:TPX) was downgraded by equities research analysts at ValuEngine from a “hold” rating to a “sell” rating in a research report issued on Tuesday.

Several other analysts have also issued reports on TPX. Piper Jaffray Companies lowered their price target on shares of Tempur Sealy International from $75.00 to $66.00 and set an “overweight” rating on the stock in a research report on Monday, March 12th. Stifel Nicolaus reissued a “buy” rating and issued a $65.00 price target (down previously from $68.00) on shares of Tempur Sealy International in a research report on Thursday, March 15th. Zacks Investment Research raised shares of Tempur Sealy International from a “strong sell” rating to a “hold” rating in a research report on Thursday, May 17th. Guggenheim reissued a “hold” rating on shares of Tempur Sealy International in a research report on Thursday, May 3rd. Finally, Loop Capital assumed coverage on shares of Tempur Sealy International in a research report on Thursday, March 1st. They issued a “hold” rating and a $49.00 price target on the stock. Three research analysts have rated the stock with a sell rating, three have given a hold rating, five have given a buy rating and one has issued a strong buy rating to the company’s stock. The company has an average rating of “Hold” and an average target price of $58.22.

Shares of TPX stock opened at $48.66 on Tuesday. The stock has a market capitalization of $2.78 billion, a price-to-earnings ratio of 15.21, a P/E/G ratio of 0.67 and a beta of 1.39. The company has a debt-to-equity ratio of 11.97, a quick ratio of 0.78 and a current ratio of 1.16. Tempur Sealy International has a 52 week low of $41.10 and a 52 week high of $68.05.

Tempur Sealy International (NYSE:TPX) last announced its quarterly earnings data on Thursday, May 3rd. The company reported $0.42 EPS for the quarter, missing the consensus estimate of $0.46 by ($0.04). The company had revenue of $648.00 million during the quarter, compared to the consensus estimate 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 was down 10.3% on a year-over-year basis. During the same period in the prior year, the firm posted $0.96 EPS. research analysts predict 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 180,761 shares of the stock in a transaction dated Monday, May 7th. The shares were bought at an average price of $43.85 per share, with a total value of $7,926,369.85. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Insiders own 2.63% of the company’s stock.

Large investors have recently modified their holdings of the stock. Captrust Financial Advisors purchased a new position in Tempur Sealy International during the fourth quarter valued at approximately $122,000. Amundi Pioneer Asset Management Inc. purchased a new position in Tempur Sealy International during the fourth quarter valued at approximately $167,000. Tyvor Capital LLC purchased a new position in Tempur Sealy International during the first quarter valued at approximately $158,000. Victory Capital Management Inc. purchased a new position in Tempur Sealy International during the first quarter valued at approximately $183,000. Finally, Xact Kapitalforvaltning AB purchased a new position in Tempur Sealy International during the fourth quarter valued at approximately $284,000.

Tempur Sealy International Company Profile

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.

To view ValuEngine’s full report, visit ValuEngine’s official website.

Analyst Recommendations for Tempur Sealy International (NYSE:TPX)

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