Tempur Sealy International, Inc. (NYSE:TPX) Receives Average Rating of “Buy” from Analysts

Tempur Sealy International, Inc. (NYSE:TPX) has been assigned an average rating of “Buy” from the nine ratings firms that are currently covering the stock, Marketbeat Ratings reports. Eight equities research analysts have rated the stock with a buy rating and one has issued a strong buy rating on the company. The average 1 year target price among analysts that have covered the stock in the last year is $72.75.

Several research firms recently commented on TPX. Bank of America increased their price target on Tempur Sealy International from $73.00 to $79.00 and gave the company a “buy” rating in a report on Tuesday, February 11th. UBS Group increased their price target on Tempur Sealy International from $67.00 to $78.00 and gave the company a “buy” rating in a report on Monday, February 3rd. KeyCorp increased their price target on Tempur Sealy International from $70.00 to $74.00 and gave the company an “overweight” rating in a report on Friday, February 7th. Piper Sandler increased their price target on Tempur Sealy International from $65.00 to $76.00 and gave the company an “overweight” rating in a report on Monday, February 3rd. Finally, Truist Financial increased their price target on Tempur Sealy International from $63.00 to $69.00 and gave the company a “buy” rating in a report on Wednesday, January 29th.

Institutional Investors Weigh In On Tempur Sealy International

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the business. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC increased its stake 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 acquiring an additional 52,792 shares during the last quarter. Waverly Advisors LLC acquired a new stake in shares of Tempur Sealy International in the fourth quarter valued at $693,000. Vident Advisory LLC grew its stake in shares of Tempur Sealy International by 19.5% in the fourth 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 in the last quarter. Twinbeech Capital LP grew 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 stake in shares of Tempur Sealy International by 109.9% in the fourth quarter. Two Sigma Advisers LP now owns 344,800 shares of the company’s stock valued at $19,547,000 after buying an additional 180,500 shares in the last quarter. Institutional investors and hedge funds own 99.86% of the company’s stock.

Tempur Sealy International Price Performance

The stock has a market capitalization of $11.94 billion, a P/E ratio of 27.73, a PEG ratio of 2.18 and a beta of 1.64. The firm has a fifty day moving average price of $59.48 and a 200 day moving average price of $54.63. Tempur Sealy International has a 1 year low of $45.04 and a 1 year high of $69.55. The company has a debt-to-equity ratio of 3.95, a quick ratio of 0.65 and a current ratio of 1.14.

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.