Tempur Sealy International, Inc. (NYSE:TPX) Given Consensus Recommendation of “Buy” by Analysts

Shares of Tempur Sealy International, Inc. (NYSE:TPX) have been given a consensus recommendation of “Buy” by the eight analysts that are presently covering the stock, MarketBeat Ratings reports. Seven investment analysts have rated the stock with a buy rating and one has given a strong buy rating to the company. The average 1 year target price among brokers that have issued a report on the stock in the last year is $72.43.

Several research analysts have recently weighed in on the stock. KeyCorp boosted their price objective on shares of Tempur Sealy International from $70.00 to $74.00 and gave the company an “overweight” rating in a report on Friday, February 7th. Wedbush restated an “outperform” rating and issued a $80.00 price target (up from $67.00) on shares of Tempur Sealy International in a research note on Monday, February 3rd. StockNews.com assumed coverage on Tempur Sealy International in a research report on Wednesday. They set a “hold” rating for the company. William Blair upgraded shares of Tempur Sealy International from a “market perform” rating to an “outperform” rating in a research report on Wednesday, February 5th. Finally, UBS Group boosted their price objective 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.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of TPX. Private Trust Co. NA increased its stake in Tempur Sealy International by 49.2% in 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. Jones Financial Companies Lllp grew its position in shares of Tempur Sealy International by 92.7% during the fourth quarter. Jones Financial Companies Lllp now owns 607 shares of the company’s stock worth $34,000 after purchasing an additional 292 shares in the last quarter. Versant Capital Management Inc raised its stake in Tempur Sealy International by 365.2% during the 4th quarter. Versant Capital Management Inc now owns 614 shares of the company’s stock valued at $35,000 after purchasing an additional 482 shares during the period. UMB Bank n.a. lifted its holdings in Tempur Sealy International by 72.0% in the 4th quarter. UMB Bank n.a. now owns 805 shares of the company’s stock worth $46,000 after purchasing an additional 337 shares in the last quarter. Finally, IFP Advisors Inc boosted its stake in Tempur Sealy International by 22.7% in the 4th quarter. IFP Advisors Inc now owns 828 shares of the company’s stock worth $47,000 after purchasing an additional 153 shares during the period. Hedge funds and other institutional investors own 99.86% of the company’s stock.

Tempur Sealy International Stock Performance

Tempur Sealy International has a twelve month low of $45.04 and a twelve month high of $69.55. The stock has a 50 day simple moving average of $59.48 and a 200-day simple moving average of $54.63. The company has a market cap of $11.94 billion, a P/E ratio of 27.73, a price-to-earnings-growth ratio of 2.18 and a beta of 1.64. The company has a debt-to-equity ratio of 3.95, a current ratio of 1.14 and a quick ratio of 0.65.

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.