TheStreet upgraded shares of Tempur Sealy International, Inc. (NYSE:TPX) from a c rating to a b rating in a research note published on Thursday.

A number of other research analysts have also recently commented on TPX. Stifel Nicolaus reaffirmed a hold rating and issued a $47.00 target price on shares of Tempur Sealy International in a research report on Friday, July 14th. Piper Jaffray Companies set a $61.00 target price on shares of Tempur Sealy International and gave the company a hold rating in a research report on Thursday, July 27th. BidaskClub raised shares of Tempur Sealy International from a buy rating to a strong-buy rating in a research report on Monday, July 31st. Zacks Investment Research raised shares of Tempur Sealy International from a hold rating to a buy rating and set a $65.00 target price on the stock in a research report on Wednesday, August 2nd. Finally, Bank of America Corporation reaffirmed a buy rating and issued a $85.00 target price (up previously from $75.00) on shares of Tempur Sealy International in a research report on Wednesday, August 30th. Two investment analysts have rated the stock with a sell rating, nine have given a hold rating, three have given a buy rating and two have issued a strong buy rating to the stock. The company currently has an average rating of Hold and a consensus target price of $62.44.

Tempur Sealy International (TPX) traded down $2.19 during midday trading on Thursday, reaching $51.73. 1,442,508 shares of the company’s stock were exchanged, compared to its average volume of 1,181,744. The company has a quick ratio of 0.77, a current ratio of 1.08 and a debt-to-equity ratio of 20.03. The company has a market cap of $2,906.15, a price-to-earnings ratio of 15.02, a PEG ratio of 1.09 and a beta of 1.60.

Tempur Sealy International (NYSE:TPX) last posted its earnings results on Thursday, November 2nd. The company reported $1.00 EPS for the quarter, beating the Zacks’ consensus estimate of $0.97 by $0.03. Tempur Sealy International had a net margin of 5.79% and a return on equity of 1,042.63%. The company had revenue of $724.80 million for the quarter, compared to analysts’ expectations of $756.10 million. During the same quarter in the prior year, the company posted $1.32 earnings per share. Tempur Sealy International’s revenue for the quarter was down 12.9% compared to the same quarter last year. sell-side analysts expect that Tempur Sealy International will post 3.28 EPS for the current fiscal year.

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Institutional investors and hedge funds have recently modified their holdings of the company. IHT Wealth Management LLC acquired a new stake in shares of Tempur Sealy International during the second quarter worth about $446,000. PNC Financial Services Group Inc. raised its holdings in Tempur Sealy International by 14.7% in the first quarter. PNC Financial Services Group Inc. now owns 2,131 shares of the company’s stock valued at $100,000 after acquiring an additional 273 shares in the last quarter. Zurcher Kantonalbank Zurich Cantonalbank raised its holdings in Tempur Sealy International by 12.1% in the second quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 2,165 shares of the company’s stock valued at $116,000 after acquiring an additional 234 shares in the last quarter. Sei Investments Co. raised its holdings in Tempur Sealy International by 23.1% in the second quarter. Sei Investments Co. now owns 2,247 shares of the company’s stock valued at $120,000 after acquiring an additional 421 shares in the last quarter. Finally, NEXT Financial Group Inc raised its holdings in Tempur Sealy International by 9,500.0% in the second quarter. NEXT Financial Group Inc now owns 2,400 shares of the company’s stock valued at $128,000 after acquiring an additional 2,375 shares in the last quarter.

About Tempur Sealy International

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.

Analyst Recommendations for Tempur Sealy International (NYSE:TPX)

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