Shares of Tempur Sealy International, Inc. (NYSE:TPX) have been assigned a consensus recommendation of “Hold” from the seventeen analysts that are presently covering the stock, MarketBeat reports. Two research analysts have rated the stock with a sell recommendation, eleven have assigned a hold recommendation, one has assigned a buy recommendation and two have assigned a strong buy recommendation to the company. The average 12-month price target among brokerages that have covered the stock in the last year is $54.00.

Several research firms have recently commented on TPX. Zacks Investment Research raised Tempur Sealy International from a “hold” rating to a “buy” rating and set a $65.00 price target for the company in a report on Wednesday, August 2nd. BidaskClub raised Tempur Sealy International from a “buy” rating to a “strong-buy” rating in a report on Monday, July 31st. Stifel Nicolaus reissued a “hold” rating and issued a $60.00 price target (up from $47.00) on shares of Tempur Sealy International in a report on Sunday, July 30th. Piper Jaffray Companies set a $61.00 price target on Tempur Sealy International and gave the company a “hold” rating in a report on Thursday, July 27th. Finally, Raymond James Financial, Inc. reissued a “strong-buy” rating and issued a $55.00 price target on shares of Tempur Sealy International in a report on Wednesday, June 28th.

In related news, Director Jon L. Luther purchased 2,750 shares of the company’s stock in a transaction on Monday, May 15th. The stock was bought at an average price of $48.45 per share, with a total value of $133,237.50. Following the completion of the transaction, the director now owns 13,668 shares of the company’s stock, valued at approximately $662,214.60. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Usman Nabi purchased 100,000 shares of the company’s stock in a transaction on Monday, June 5th. The shares were bought at an average cost of $47.37 per share, with a total value of $4,737,000.00. The disclosure for this purchase can be found here. Insiders have acquired 892,750 shares of company stock valued at $42,285,438 in the last three months. 2.10% of the stock is currently owned by company insiders.

A number of institutional investors have recently added to or reduced their stakes in the company. Capstone Asset Management Co. increased its position in Tempur Sealy International by 1.3% in the second quarter. Capstone Asset Management Co. now owns 4,669 shares of the company’s stock valued at $249,000 after buying an additional 60 shares during the last quarter. Comerica Bank increased its position in Tempur Sealy International by 0.4% in the second quarter. Comerica Bank now owns 36,916 shares of the company’s stock valued at $2,059,000 after buying an additional 154 shares during the last quarter. Oregon Public Employees Retirement Fund increased its position in Tempur Sealy International by 1.1% in the first quarter. Oregon Public Employees Retirement Fund now owns 17,753 shares of the company’s stock valued at $825,000 after buying an additional 200 shares during the last quarter. Zurcher Kantonalbank Zurich Cantonalbank increased its position in Tempur Sealy International by 12.1% in the second quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 2,165 shares of the company’s stock valued at $116,000 after buying an additional 234 shares during the last quarter. Finally, PNC Financial Services Group Inc. increased its position in Tempur Sealy International by 14.7% in the first quarter. PNC Financial Services Group Inc. now owns 2,131 shares of the company’s stock valued at $100,000 after buying an additional 273 shares during the last quarter.

ILLEGAL ACTIVITY WARNING: “Tempur Sealy International, Inc. (NYSE:TPX) Receives Average Rating of “Hold” from Analysts” was published by Daily Political and is the sole property of of Daily Political. If you are viewing this story on another publication, it was illegally stolen and reposted in violation of United States & international copyright & trademark laws. The legal version of this story can be accessed at https://www.dailypolitical.com/2017/08/12/tempur-sealy-international-inc-nysetpx-receives-average-rating-of-hold-from-analysts.html.

Shares of Tempur Sealy International (NYSE TPX) traded up 1.55% on Friday, hitting $60.14. The stock had a trading volume of 486,658 shares. The firm’s 50-day moving average is $55.32 and its 200-day moving average is $48.99. The company has a market cap of $3.25 billion, a price-to-earnings ratio of 16.96 and a beta of 1.67. Tempur Sealy International has a one year low of $39.57 and a one year high of $82.32.

Tempur Sealy International (NYSE:TPX) last posted its quarterly earnings results on Thursday, July 27th. The company reported $0.45 EPS for the quarter, beating the consensus estimate of $0.40 by $0.05. The business had revenue of $659.30 million during the quarter, compared to analysts’ expectations of $661.65 million. Tempur Sealy International had a return on equity of 617.75% and a net margin of 6.69%. The company’s quarterly revenue was down 18.0% compared to the same quarter last year. During the same period last year, the firm earned $0.92 EPS. On average, analysts expect that Tempur Sealy International will post $3.29 EPS for the current fiscal year.

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.

Analyst Recommendations for Tempur Sealy International (NYSE:TPX)

Receive News & Ratings for Tempur Sealy International Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Tempur Sealy International Inc. and related companies with MarketBeat.com's FREE daily email newsletter.