Tempur Sealy International (NYSE:TPX) Coverage Initiated by Analysts at StockNews.com

StockNews.com initiated coverage on shares of Tempur Sealy International (NYSE:TPX) in a research report sent to investors on Sunday morning. The brokerage issued a hold rating on the stock.

A number of other analysts also recently weighed in on TPX. Piper Sandler raised their price target on shares of Tempur Sealy International from $65.00 to $76.00 and gave the stock an “overweight” rating in a research report on Monday, February 3rd. Bank of America raised their price target on shares of Tempur Sealy International from $73.00 to $79.00 and gave the stock a “buy” rating in a research report on Tuesday, February 11th. Truist Financial raised 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 report on Wednesday, January 29th. William Blair raised shares of Tempur Sealy International from a “market perform” rating to an “outperform” rating in a research report on Wednesday, February 5th. Finally, Wedbush reissued an “outperform” rating and set a $80.00 price target (up previously from $67.00) on shares of Tempur Sealy International in a research report on Monday, February 3rd. One research analyst has rated the stock with a hold rating, eight have given a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat, the stock has a consensus rating of “Buy” and a consensus target price of $72.75.

Tempur Sealy International Price Performance

The company has a debt-to-equity ratio of 3.95, a current ratio of 1.14 and a quick ratio of 0.65. Tempur Sealy International has a 1 year low of $45.04 and a 1 year high of $69.55. The firm has a 50-day moving average price of $59.48 and a 200 day moving average price of $54.63. The firm has a market capitalization 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.

Institutional Inflows and Outflows

Several institutional investors have recently added to or reduced their stakes in the business. Vanguard Group Inc. increased its position in Tempur Sealy International by 1.1% in the 4th quarter. Vanguard Group Inc. now owns 16,271,097 shares of the company’s stock worth $922,408,000 after buying an additional 179,955 shares during the period. FMR LLC increased its position in Tempur Sealy International by 4.4% in the 4th quarter. FMR LLC now owns 9,062,453 shares of the company’s stock worth $513,750,000 after buying an additional 384,094 shares during the period. State Street Corp increased its position in Tempur Sealy International by 0.6% in the 3rd quarter. State Street Corp now owns 5,025,440 shares of the company’s stock worth $274,389,000 after buying an additional 28,991 shares during the period. Linonia Partnership LP increased its position in Tempur Sealy International by 17.8% in the 4th quarter. Linonia Partnership LP now owns 4,824,379 shares of the company’s stock worth $273,494,000 after buying an additional 729,200 shares during the period. Finally, Timucuan Asset Management Inc. FL increased its position in Tempur Sealy International by 0.3% in the 4th quarter. Timucuan Asset Management Inc. FL now owns 4,238,753 shares of the company’s stock worth $240,295,000 after buying an additional 14,233 shares during the period. 99.86% of the stock is owned by institutional investors.

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.