Traders purchased shares of Tempur Sealy International, Inc. (NYSE:TPX) on weakness during trading hours on Wednesday. $2.43 million flowed into the stock on the tick-up and $0.10 million flowed out of the stock on the tick-down, for a money net flow of $2.33 million into the stock. Of all companies tracked, Tempur Sealy International had the 28th highest net in-flow for the day. Tempur Sealy International traded down ($0.26) for the day and closed at $60.85

Several brokerages recently commented on TPX. Zacks Investment Research upgraded Tempur Sealy International from a “hold” rating to a “buy” rating and set a $68.00 target price on the stock in a research report on Friday. Bank of America Corporation reaffirmed a “buy” rating and set a $85.00 price target (up from $75.00) on shares of Tempur Sealy International in a research note on Wednesday, August 30th. Stifel Nicolaus raised Tempur Sealy International from a “hold” rating to a “buy” rating and upped their price target for the stock from $60.00 to $80.00 in a research note on Tuesday, August 22nd. Piper Jaffray Companies raised Tempur Sealy International from a “neutral” rating to an “overweight” rating and upped their price target for the stock from $61.00 to $80.00 in a research note on Monday, August 14th. Finally, BidaskClub raised Tempur Sealy International from a “buy” rating to a “strong-buy” rating in a research note on Monday, July 31st. Two research analysts have rated the stock with a sell rating, nine have assigned a hold rating, four have given a buy rating and two have assigned a strong buy rating to the company. The stock has a consensus rating of “Hold” and a consensus price target of $65.00.

The company has a market capitalization of $3.29 billion, a PE ratio of 17.17 and a beta of 1.64. The company has a 50 day moving average of $59.90 and a 200 day moving average of $50.52.

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

Institutional investors and hedge funds have recently modified their holdings of the company. IHT Wealth Management LLC bought a new stake in shares of Tempur Sealy International in the 2nd quarter worth approximately $446,000. PNC Financial Services Group Inc. boosted its position in shares of Tempur Sealy International by 14.7% in the 1st quarter. PNC Financial Services Group Inc. now owns 2,131 shares of the company’s stock worth $100,000 after purchasing an additional 273 shares in the last quarter. Zurcher Kantonalbank Zurich Cantonalbank boosted its position in shares of Tempur Sealy International by 12.1% in the 2nd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 2,165 shares of the company’s stock worth $116,000 after purchasing an additional 234 shares in the last quarter. Sei Investments Co. boosted its position in shares of Tempur Sealy International by 23.1% in the 2nd quarter. Sei Investments Co. now owns 2,247 shares of the company’s stock worth $120,000 after purchasing an additional 421 shares in the last quarter. Finally, NEXT Financial Group Inc boosted its position in shares of Tempur Sealy International by 9,500.0% in the 2nd quarter. NEXT Financial Group Inc now owns 2,400 shares of the company’s stock worth $128,000 after purchasing an additional 2,375 shares in the last quarter.

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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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