Brokerages Set Tempur Sealy International, Inc. (NYSE:TPX) PT at $72.43

Shares of Tempur Sealy International, Inc. (NYSE:TPX) have earned a consensus recommendation of “Buy” from the eight analysts that are currently covering the stock, Marketbeat reports. Seven research analysts have rated the stock with a buy recommendation and one has given a strong buy recommendation to the company. The average 12-month target price among brokers that have updated their coverage on the stock in the last year is $72.43.

TPX has been the subject of a number of research analyst reports. Wedbush reaffirmed an “outperform” rating and set a $80.00 price objective (up previously from $67.00) on shares of Tempur Sealy International in a research report on Monday, February 3rd. StockNews.com assumed coverage on Tempur Sealy International in a research report on Sunday. They set a “hold” rating on the stock. Bank of America upped their target price on Tempur Sealy International from $73.00 to $79.00 and gave the company a “buy” rating in a research note on Tuesday, February 11th. Piper Sandler lifted 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 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.

Institutional Investors Weigh In On Tempur Sealy International

A number of hedge funds and other institutional investors have recently bought and sold shares of the business. IFP Advisors Inc increased its position in Tempur Sealy International by 22.7% in the 4th quarter. IFP Advisors Inc now owns 828 shares of the company’s stock valued at $47,000 after acquiring an additional 153 shares in the last quarter. Private Trust Co. NA lifted its holdings in Tempur Sealy International by 49.2% during the 4th quarter. Private Trust Co. NA now owns 552 shares of the company’s stock worth $31,000 after buying an additional 182 shares in the last quarter. Oregon Public Employees Retirement Fund boosted its position in Tempur Sealy International by 0.6% in the 4th quarter. Oregon Public Employees Retirement Fund now owns 35,371 shares of the company’s stock valued at $2,005,000 after buying an additional 200 shares during the last quarter. TD Waterhouse Canada Inc. increased its stake in shares of Tempur Sealy International by 1.6% in the 4th quarter. TD Waterhouse Canada Inc. now owns 15,446 shares of the company’s stock valued at $876,000 after buying an additional 236 shares during the period. Finally, CIBC Asset Management Inc raised its position in shares of Tempur Sealy International by 5.3% during the fourth quarter. CIBC Asset Management Inc now owns 5,226 shares of the company’s stock worth $296,000 after acquiring an additional 262 shares during the last quarter. 99.86% of the stock is owned by institutional investors and hedge funds.

Tempur Sealy International Stock Performance

The company has a fifty day simple moving average of $59.48 and a 200 day simple moving average of $54.63. The company has a market capitalization of $11.94 billion, a PE ratio of 27.73, a price-to-earnings-growth ratio of 2.18 and a beta of 1.64. The company has a quick ratio of 0.65, a current ratio of 1.14 and a debt-to-equity ratio of 3.95. Tempur Sealy International has a 12-month low of $45.04 and a 12-month high of $69.55.

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.