Tempur Sealy International (NYSE:TPX)‘s stock had its “hold” rating reiterated by equities researchers at Wedbush in a research note issued to investors on Friday.

A number of other equities research analysts also recently weighed in on TPX. SunTrust Banks reissued a “hold” rating and set a $60.00 price target on shares of Tempur Sealy International in a research note on Monday, October 2nd. ValuEngine raised shares of Tempur Sealy International from a “hold” rating to a “buy” rating in a research note on Saturday, September 30th. Zacks Investment Research raised shares of Tempur Sealy International from a “hold” rating to a “buy” rating and set a $69.00 price target for the company in a research note on Friday, August 18th. Piper Jaffray Companies raised shares of Tempur Sealy International from a “neutral” rating to an “overweight” rating and boosted their price target for the stock from $61.00 to $80.00 in a research note on Monday, August 14th. Finally, Stifel Nicolaus raised shares of Tempur Sealy International from a “hold” rating to a “buy” rating and upped their target price for the company from $60.00 to $80.00 in a research note on Tuesday, August 22nd. Two equities research analysts have rated the stock with a sell rating, nine have given a hold rating, three have given a buy rating and two have given a strong buy rating to the company’s stock. The stock currently has an average rating of “Hold” and an average price target of $61.33.

Shares of Tempur Sealy International (NYSE TPX) traded up $0.57 during midday trading on Friday, hitting $58.75. 939,800 shares of the company’s stock were exchanged, compared to its average volume of 1,346,060. Tempur Sealy International has a one year low of $39.57 and a one year high of $70.45. The company has a market capitalization of $3,152.23, a P/E ratio of 16.21, a PEG ratio of 1.19 and a beta of 1.53. The company has a debt-to-equity ratio of 20.03, a quick ratio of 0.77 and a current ratio of 1.08.

Tempur Sealy International (NYSE:TPX) last announced its earnings results on Thursday, November 2nd. The company reported $1.00 earnings per share for the quarter, topping 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 during the quarter, compared to the consensus estimate of $756.10 million. During the same period in the previous year, the firm posted $1.32 earnings per share. The company’s revenue was down 12.9% on a year-over-year basis. research analysts expect that Tempur Sealy International will post 3.25 earnings per share for the current year.

In other Tempur Sealy International news, CEO Scott L. Thompson bought 19,565 shares of Tempur Sealy International stock in a transaction that occurred on Tuesday, November 7th. The stock was acquired 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 owns 245,019 shares of the company’s stock, valued at approximately $12,542,522.61. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, EVP H Clifford Buster III bought 18,800 shares of Tempur Sealy International stock in a transaction that occurred on Thursday, November 9th. The shares were acquired at an average price of $53.03 per share, with a total value of $996,964.00. Following the acquisition, the executive vice president now directly owns 18,800 shares of the company’s stock, valued at approximately $996,964. The disclosure for this purchase can be found here. Corporate insiders own 2.10% of the company’s stock.

Institutional investors and hedge funds have recently modified their holdings of the business. 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 worth $116,000 after purchasing an additional 234 shares in the last quarter. Sei Investments Co. raised its stake in Tempur Sealy International by 23.1% during the 2nd quarter. Sei Investments Co. now owns 2,247 shares of the company’s stock valued at $120,000 after purchasing an additional 421 shares during the period. Capital Guardian Trust Co. bought a new stake in Tempur Sealy International during the 3rd quarter valued at approximately $132,000. Shelton Capital Management bought a new stake in Tempur Sealy International during the 2nd quarter valued at approximately $201,000. Finally, World Asset Management Inc bought a new stake in Tempur Sealy International during the 3rd quarter valued at approximately $202,000.

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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.

Analyst Recommendations for Tempur Sealy International (NYSE:TPX)

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