Wall Street analysts expect that Tempur Sealy International Inc (NYSE:TPX) will report earnings of $1.21 per share for the current fiscal quarter, Zacks reports. Seven analysts have provided estimates for Tempur Sealy International’s earnings, with the highest EPS estimate coming in at $1.24 and the lowest estimate coming in at $1.12. Tempur Sealy International posted earnings of $1.00 per share in the same quarter last year, which would suggest a positive year-over-year growth rate of 21%. The firm is expected to announce its next earnings report on Thursday, November 1st.

On average, analysts expect that Tempur Sealy International will report full-year earnings of $3.20 per share for the current year, with EPS estimates ranging from $3.10 to $3.28. For the next financial year, analysts forecast that the firm will post earnings of $4.02 per share, with EPS estimates ranging from $3.50 to $4.91. Zacks’ earnings per share averages are an average based on a survey of sell-side research firms that cover Tempur Sealy International.

Tempur Sealy International (NYSE:TPX) last posted its quarterly earnings results on Thursday, July 26th. The company reported $0.52 EPS for the quarter, missing the consensus estimate of $0.63 by ($0.11). Tempur Sealy International had a net margin of 5.21% and a return on equity of 120.57%. The company had revenue of $669.70 million during the quarter, compared to analyst estimates of $691.93 million. During the same period in the prior year, the business posted $0.45 EPS. Tempur Sealy International’s revenue for the quarter was up 1.6% compared to the same quarter last year.

TPX has been the subject of several recent research reports. Zacks Investment Research raised Tempur Sealy International from a “strong sell” rating to a “hold” rating in a report on Tuesday, July 31st. Guggenheim reaffirmed a “hold” rating on shares of Tempur Sealy International in a report on Thursday, May 3rd. ValuEngine raised Tempur Sealy International from a “sell” rating to a “hold” rating in a report on Wednesday, August 22nd. Wedbush reissued an “outperform” rating and set a $65.00 target price on shares of Tempur Sealy International in a research note on Tuesday, August 7th. Finally, Bank of America cut their target price on Tempur Sealy International from $85.00 to $75.00 and set a “buy” rating for the company in a research note on Friday, July 27th. Two analysts have rated the stock with a sell rating, four have assigned a hold rating and five have issued a buy rating to the company’s stock. Tempur Sealy International presently has a consensus rating of “Hold” and a consensus target price of $57.38.

Shares of NYSE:TPX traded down $0.61 during midday trading on Friday, hitting $55.54. The company had a trading volume of 4,644 shares, compared to its average volume of 1,245,058. Tempur Sealy International has a twelve month low of $41.10 and a twelve month high of $68.05. The company has a debt-to-equity ratio of 10.80, a quick ratio of 0.79 and a current ratio of 1.18. The stock has a market cap of $3.10 billion, a PE ratio of 17.36, a P/E/G ratio of 0.90 and a beta of 1.54.

Hedge funds have recently bought and sold shares of the business. Captrust Financial Advisors grew its stake in shares of Tempur Sealy International by 111.1% in the second quarter. Captrust Financial Advisors now owns 2,880 shares of the company’s stock valued at $138,000 after buying an additional 1,516 shares in the last quarter. Tyvor Capital LLC purchased a new position in Tempur Sealy International in the first quarter valued at $158,000. Point72 Hong Kong Ltd purchased a new position in Tempur Sealy International in the second quarter valued at $174,000. Victory Capital Management Inc. purchased a new position in Tempur Sealy International in the first quarter valued at $183,000. Finally, Cubist Systematic Strategies LLC boosted its holdings in Tempur Sealy International by 90.8% in the second quarter. Cubist Systematic Strategies LLC now owns 4,210 shares of the company’s stock valued at $202,000 after purchasing an additional 2,003 shares during the period.

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.

Read More: The Role of a Fiduciary and Individual Investors

Get a free copy of the Zacks research report on Tempur Sealy International (TPX)

For more information about research offerings from Zacks Investment Research, visit Zacks.com

Earnings History and Estimates for Tempur Sealy International (NYSE:TPX)

Receive News & Ratings for Tempur Sealy International Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Tempur Sealy International and related companies with MarketBeat.com's FREE daily email newsletter.