StockNews.com Begins Coverage on Tempur Sealy International (NYSE:TPX)

Research analysts at StockNews.com began coverage on shares of Tempur Sealy International (NYSE:TPX) in a research report issued to clients and investors on Sunday. The firm set a “hold” rating on the stock.

Several other research firms also recently weighed in on TPX. UBS Group boosted their target price on Tempur Sealy International from $67.00 to $78.00 and gave the company a “buy” rating in a report on Monday, February 3rd. Bank of America increased their price objective on Tempur Sealy International from $73.00 to $79.00 and gave the company a “buy” rating in a report on Tuesday, February 11th. Piper Sandler lifted their target price on shares of Tempur Sealy International from $65.00 to $76.00 and gave the company an “overweight” rating in a report on Monday, February 3rd. Truist Financial increased their price target on shares of Tempur Sealy International from $63.00 to $69.00 and gave the stock a “buy” rating in a research note on Wednesday, January 29th. Finally, William Blair upgraded shares of Tempur Sealy International from a “market perform” rating to an “outperform” rating in a research note on Wednesday, February 5th. One research analyst has rated the stock with a hold rating, seven have given a buy rating and one has issued a strong buy rating to the company. According to MarketBeat, the company has an average rating of “Buy” and an average target price of $72.43.

Tempur Sealy International Price Performance

The company has a current ratio of 1.14, a quick ratio of 0.65 and a debt-to-equity ratio of 3.95. Tempur Sealy International has a 1 year low of $45.04 and a 1 year high of $69.55. The stock has a market capitalization of $11.94 billion, a PE ratio of 27.73, a PEG ratio of 2.18 and a beta of 1.64. The company has a fifty day moving average of $59.48 and a two-hundred day moving average of $54.63.

Institutional Trading of Tempur Sealy International

Several hedge funds have recently made changes to their positions in the company. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its holdings in Tempur Sealy International by 13.3% during the fourth quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 449,799 shares of the company’s stock worth $25,499,000 after purchasing an additional 52,792 shares in the last quarter. Waverly Advisors LLC purchased a new position in shares of Tempur Sealy International during the 4th quarter worth approximately $693,000. Vident Advisory LLC lifted its holdings in shares of Tempur Sealy International by 19.5% in the 4th quarter. Vident Advisory LLC now owns 6,987 shares of the company’s stock valued at $396,000 after buying an additional 1,139 shares during the period. Twinbeech Capital LP boosted its stake in shares of Tempur Sealy International by 154.0% in the fourth quarter. Twinbeech Capital LP now owns 79,209 shares of the company’s stock valued at $4,490,000 after buying an additional 48,026 shares in the last quarter. Finally, Two Sigma Advisers LP grew its holdings in Tempur Sealy International by 109.9% during the fourth quarter. Two Sigma Advisers LP now owns 344,800 shares of the company’s stock worth $19,547,000 after acquiring an additional 180,500 shares during the period. Institutional investors and hedge funds own 99.86% of the company’s stock.

Tempur Sealy International Company Profile

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.