Tempur Sealy International (NYSE:TPX) Research Coverage Started at StockNews.com

StockNews.com assumed coverage on shares of Tempur Sealy International (NYSE:TPX) in a research report released on Friday morning. The firm issued a hold rating on the stock.

Several other brokerages have also weighed in on TPX. UBS Group lifted their target price on shares of Tempur Sealy International from $67.00 to $78.00 and gave the company a “buy” rating in a research report on Monday, February 3rd. Truist Financial lifted their price objective on Tempur Sealy International from $63.00 to $69.00 and gave the company a “buy” rating in a report on Wednesday, January 29th. Bank of America increased their target price on Tempur Sealy International from $73.00 to $79.00 and gave the stock a “buy” rating in a report on Tuesday, February 11th. William Blair upgraded Tempur Sealy International from a “market perform” rating to an “outperform” rating in a research report on Wednesday, February 5th. Finally, Raymond James cut their price objective on Tempur Sealy International from $57.00 to $55.00 and set a “strong-buy” rating for the company in a report on Friday, November 1st. One analyst has rated the stock with a hold rating, eight have issued a buy rating and one has given a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Buy” and an average target price of $72.75.

Tempur Sealy International Stock Performance

The firm has a market capitalization of $11.94 billion, a price-to-earnings ratio of 27.73, a price-to-earnings-growth ratio of 2.18 and a beta of 1.64. Tempur Sealy International has a 12 month low of $45.04 and a 12 month high of $69.55. The company has a 50 day moving average price of $59.48 and a two-hundred day moving average price of $54.63. The company has a quick ratio of 0.65, a current ratio of 1.14 and a debt-to-equity ratio of 3.95.

Institutional Investors Weigh In On Tempur Sealy International

Hedge funds have recently added to or reduced their stakes in the stock. IFP Advisors Inc lifted its position in shares of Tempur Sealy International by 22.7% during the fourth quarter. IFP Advisors Inc now owns 828 shares of the company’s stock worth $47,000 after purchasing an additional 153 shares in the last quarter. Private Trust Co. NA lifted its holdings in Tempur Sealy International by 49.2% during the 4th quarter. Private Trust Co. NA now owns 552 shares of the company’s stock worth $31,000 after buying an additional 182 shares in the last quarter. Coldstream Capital Management Inc. boosted its position in Tempur Sealy International by 3.1% in the 3rd quarter. Coldstream Capital Management Inc. now owns 6,488 shares of the company’s stock valued at $354,000 after buying an additional 194 shares during the last quarter. Oregon Public Employees Retirement Fund increased its stake in shares of Tempur Sealy International by 0.6% in the 4th quarter. Oregon Public Employees Retirement Fund now owns 35,371 shares of the company’s stock valued at $2,005,000 after buying an additional 200 shares during the period. Finally, TD Waterhouse Canada Inc. raised its position in shares of Tempur Sealy International by 1.6% during the fourth quarter. TD Waterhouse Canada Inc. now owns 15,446 shares of the company’s stock worth $876,000 after acquiring an additional 236 shares during the last quarter. Institutional investors own 99.86% of the company’s stock.

About Tempur Sealy International

Tempur Sealy International, Inc, together with its subsidiaries, designs, manufactures, distributes, and retails bedding products in the United States and internationally. It provides mattresses, foundations and adjustable foundations, and adjustable bases, as well as other products comprising pillows, mattress covers, sheets, cushions, and various other accessories and comfort products under the Tempur-Pedic, Sealy, Stearns & Foster, Sealy, and Cocoon by Sealy brand names.