Tempur Sealy International Inc (NYSE:TPX) – Analysts at William Blair issued their FY2019 EPS estimates for Tempur Sealy International in a note issued to investors on Thursday. William Blair analyst D. Hofkin anticipates that the company will post earnings of $3.90 per share for the year.
TPX has been the subject of a number of other research reports. Zacks Investment Research cut Tempur Sealy International from a “strong-buy” rating to a “hold” rating in a report on Friday, February 2nd. ValuEngine cut Tempur Sealy International from a “buy” rating to a “hold” rating in a research note on Thursday, November 2nd. TheStreet raised Tempur Sealy International from a “c” rating to a “b” rating in a research note on Thursday, November 2nd. Raymond James Financial reissued a “buy” rating on shares of Tempur Sealy International in a research note on Thursday, December 7th. Finally, SunTrust Banks reissued a “hold” rating and issued a $55.00 price target on shares of Tempur Sealy International in a research note on Friday, November 3rd. One analyst has rated the stock with a sell rating, five have issued a hold rating, six have issued a buy rating and one has assigned a strong buy rating to the company’s stock. The company currently has an average rating of “Buy” and an average target price of $66.00.
Tempur Sealy International (NYSE:TPX) opened at $51.31 on Friday. Tempur Sealy International has a fifty-two week low of $39.57 and a fifty-two week high of $68.05. The company has a debt-to-equity ratio of 14.30, a current ratio of 1.06 and a quick ratio of 0.77. The stock has a market capitalization of $2,716.07, a PE ratio of 18.39, a price-to-earnings-growth ratio of 0.82 and a beta of 1.27.
Tempur Sealy International (NYSE:TPX) last issued its earnings results on Thursday, February 22nd. The company reported $0.79 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.82 by ($0.03). Tempur Sealy International had a return on equity of 340.30% and a net margin of 5.54%. The firm had revenue of $648.20 million during the quarter, compared to analyst estimates of $679.41 million. During the same period in the previous year, the company earned $1.18 EPS. Tempur Sealy International’s revenue for the quarter was down 15.9% on a year-over-year basis.
Hedge funds have recently modified their holdings of the company. Captrust Financial Advisors bought a new stake in shares of Tempur Sealy International during the 4th quarter valued at about $122,000. Capital Guardian Trust Co. bought a new stake in shares of Tempur Sealy International during the 3rd quarter valued at about $132,000. Amundi Pioneer Asset Management Inc. bought a new stake in shares of Tempur Sealy International during the 4th quarter valued at about $167,000. World Asset Management Inc bought a new stake in shares of Tempur Sealy International during the 3rd quarter valued at about $202,000. Finally, State of Alaska Department of Revenue bought a new stake in shares of Tempur Sealy International during the 4th quarter valued at about $218,000.
In other news, EVP Richard W. Anderson sold 24,345 shares of the stock in a transaction dated Tuesday, December 19th. The stock was sold at an average price of $64.99, for a total value of $1,582,181.55. Following the completion of the sale, the executive vice president now owns 78,236 shares of the company’s stock, valued at $5,084,557.64. The sale was disclosed in a legal filing with the SEC, which is available at this link. Corporate insiders own 2.10% of the company’s stock.
Tempur Sealy International Company Profile
Tempur Sealy International, Inc is a bedding manufacturer. The Company develops, manufactures, markets and distributes bedding products. The Company operates in two segments: North America and International. The North America segment consists of Tempur and Sealy manufacturing and distribution subsidiaries, joint ventures and licensees located in the United States and Canada.
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