Tempur Sealy International (NYSE:TPX) had its price target decreased by equities research analysts at Piper Jaffray Companies from $75.00 to $66.00 in a research note issued to investors on Monday. The firm currently has an “overweight” rating on the stock. Piper Jaffray Companies’ price target would indicate a potential upside of 33.63% from the stock’s previous close.

A number of other equities analysts have also recently commented on TPX. Wedbush reiterated a “hold” rating on shares of Tempur Sealy International in a research report on Friday, December 8th. Raymond James Financial reissued a “buy” rating on shares of Tempur Sealy International in a report on Thursday, December 7th. Zacks Investment Research raised shares of Tempur Sealy International from a “hold” rating to a “buy” rating and set a $72.00 price target on the stock in a report on Friday, January 5th. UBS Group reissued a “sell” rating and issued a $49.00 price target (down previously from $54.00) on shares of Tempur Sealy International in a report on Friday, February 23rd. Finally, TheStreet lowered shares of Tempur Sealy International from a “b-” rating to a “c+” rating in a report on Thursday, February 22nd. Two analysts have rated the stock with a sell rating, five have assigned a hold rating, five have issued a buy rating and one has given a strong buy rating to the stock. The company presently has an average rating of “Hold” and a consensus target price of $62.56.

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Tempur Sealy International (TPX) opened at $49.39 on Monday. The company has a market cap of $2,680.00, a price-to-earnings ratio of 21.20, a P/E/G ratio of 0.62 and a beta of 1.39. Tempur Sealy International has a 52-week low of $39.57 and a 52-week high of $68.05. The company has a debt-to-equity ratio of 14.94, a current ratio of 1.05 and a quick ratio of 0.74.

Tempur Sealy International (NYSE:TPX) last issued its earnings results on Thursday, February 22nd. The company reported $0.79 EPS for the quarter, missing analysts’ consensus estimates of $0.82 by ($0.03). The business had revenue of $648.20 million during the quarter, compared to analysts’ expectations of $679.41 million. Tempur Sealy International had a return on equity of 348.78% and a net margin of 5.54%. Tempur Sealy International’s revenue for the quarter was down 15.9% compared to the same quarter last year. During the same quarter in the previous year, the business earned $1.18 EPS. analysts forecast that Tempur Sealy International will post 3.79 earnings per share for the current year.

In other news, EVP Richard W. Anderson sold 24,345 shares of Tempur Sealy International stock in a transaction dated Tuesday, December 19th. The shares were sold at an average price of $64.99, for a total transaction of $1,582,181.55. Following the sale, the executive vice president now owns 78,236 shares of the company’s stock, valued at approximately $5,084,557.64. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Insiders own 2.10% of the company’s stock.

Several institutional investors and hedge funds have recently made changes to their positions in the company. The Manufacturers Life Insurance Company boosted its stake in shares of Tempur Sealy International by 4.1% during the 4th quarter. The Manufacturers Life Insurance Company now owns 7,174,247 shares of the company’s stock valued at $449,754,000 after purchasing an additional 281,668 shares in the last quarter. Greenlight Capital Inc. boosted its stake in shares of Tempur Sealy International by 900.0% during the 3rd quarter. Greenlight Capital Inc. now owns 4,000,000 shares of the company’s stock valued at $258,080,000 after purchasing an additional 3,600,000 shares in the last quarter. BlackRock Inc. boosted its stake in shares of Tempur Sealy International by 1.6% during the 4th quarter. BlackRock Inc. now owns 3,722,871 shares of the company’s stock valued at $233,386,000 after purchasing an additional 57,654 shares in the last quarter. Dynamo Internacional Gestao DE Recursos LTDA. boosted its stake in shares of Tempur Sealy International by 1.7% during the 4th quarter. Dynamo Internacional Gestao DE Recursos LTDA. now owns 2,758,966 shares of the company’s stock valued at $172,960,000 after purchasing an additional 46,165 shares in the last quarter. Finally, Timucuan Asset Management Inc. FL boosted its stake in shares of Tempur Sealy International by 2.7% during the 4th quarter. Timucuan Asset Management Inc. FL now owns 1,675,455 shares of the company’s stock valued at $105,034,000 after purchasing an additional 43,450 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.

Analyst Recommendations for Tempur Sealy International (NYSE:TPX)

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