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

StockNews.com started coverage on shares of Tempur Sealy International (NYSE:TPX) in a research note issued to investors on Wednesday. The firm issued a hold rating on the stock.

Several other brokerages have also commented on TPX. KeyCorp increased their price objective 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 boosted their price target on Tempur Sealy International from $65.00 to $76.00 and gave the stock an “overweight” rating in a research note on Monday, February 3rd. Bank of America increased their price objective on shares of Tempur Sealy International from $73.00 to $79.00 and gave the company a “buy” rating in a research report on Tuesday, February 11th. UBS Group upped their price target on shares of Tempur Sealy International from $67.00 to $78.00 and gave the company a “buy” rating in a research note on Monday, February 3rd. 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 analyst has rated the stock with a hold rating, seven have issued a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat.com, Tempur Sealy International currently has a consensus rating of “Buy” and a consensus target price of $72.43.

Tempur Sealy International Price Performance

The company has a debt-to-equity ratio of 3.95, a quick ratio of 0.65 and a current ratio of 1.14. The stock has a market cap of $11.94 billion, a P/E ratio of 27.73, a P/E/G ratio of 2.18 and a beta of 1.64. The stock has a 50-day moving average price of $59.48 and a 200 day moving average price of $54.63. Tempur Sealy International has a 12-month low of $45.04 and a 12-month high of $69.55.

Institutional Trading of Tempur Sealy International

Several institutional investors have recently modified their holdings of the stock. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its stake in Tempur Sealy International by 13.3% during the 4th quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 449,799 shares of the company’s stock valued at $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 during the fourth quarter worth $693,000. Vident Advisory LLC grew its position in 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 last quarter. Twinbeech Capital LP increased its stake in Tempur Sealy International by 154.0% in the 4th 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 during the period. Finally, Two Sigma Advisers LP raised its position in Tempur Sealy International by 109.9% during the 4th quarter. Two Sigma Advisers LP now owns 344,800 shares of the company’s stock worth $19,547,000 after buying an additional 180,500 shares during the last quarter. Hedge funds and other institutional investors 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.