Tempur Sealy International Inc (NYSE:TPX) – Piper Jaffray Companies upped their Q4 2018 earnings per share (EPS) estimates for shares of Tempur Sealy International in a research note issued to investors on Tuesday, January 8th. Piper Jaffray Companies analyst P. Keith now forecasts that the company will earn $0.93 per share for the quarter, up from their prior forecast of $0.87.

A number of other brokerages have also recently commented on TPX. ValuEngine upgraded shares of Tempur Sealy International from a “sell” rating to a “hold” rating in a report on Wednesday. Wedbush set a $65.00 target price on shares of Tempur Sealy International and gave the company a “buy” rating in a report on Wednesday, October 3rd. Zacks Investment Research upgraded shares of Tempur Sealy International from a “sell” rating to a “hold” rating in a report on Wednesday, November 7th. Loop Capital restated a “sell” rating on shares of Tempur Sealy International in a report on Thursday, November 1st. Finally, UBS Group upgraded shares of Tempur Sealy International from a “sell” rating to a “neutral” rating and boosted their target price for the company from $45.00 to $55.00 in a report on Wednesday, October 3rd. Two investment analysts have rated the stock with a sell rating, three have assigned a hold rating and five have issued a buy rating to the company. The stock currently has a consensus rating of “Hold” and a consensus target price of $58.13.

Shares of TPX stock opened at $48.05 on Friday. Tempur Sealy International has a 12 month low of $38.90 and a 12 month high of $65.73. The firm has a market cap of $2.60 billion, a PE ratio of 15.02, a price-to-earnings-growth ratio of 0.68 and a beta of 1.66. The company has a current ratio of 1.20, a quick ratio of 0.90 and a debt-to-equity ratio of 7.71.

Tempur Sealy International (NYSE:TPX) last announced its earnings results on Thursday, November 1st. The company reported $1.02 EPS for the quarter, missing the Zacks’ consensus estimate of $1.18 by ($0.16). Tempur Sealy International had a net margin of 5.12% and a return on equity of 97.08%. The business had revenue of $729.50 million for the quarter, compared to the consensus estimate of $744.03 million. During the same quarter last year, the firm posted $1.01 EPS. The business’s quarterly revenue was up 2.5% on a year-over-year basis.

Institutional investors and hedge funds have recently bought and sold shares of the company. Northern Trust Corp raised its position in shares of Tempur Sealy International by 8.5% in the 2nd quarter. Northern Trust Corp now owns 409,584 shares of the company’s stock worth $19,681,000 after purchasing an additional 31,999 shares during the last quarter. Trexquant Investment LP purchased a new position in shares of Tempur Sealy International in the 3rd quarter worth about $1,854,000. Putnam Investments LLC purchased a new position in shares of Tempur Sealy International in the 3rd quarter worth about $2,727,000. Cubist Systematic Strategies LLC raised its position in shares of Tempur Sealy International by 90.8% in the 2nd quarter. Cubist Systematic Strategies LLC now owns 4,210 shares of the company’s stock worth $202,000 after purchasing an additional 2,003 shares during the last quarter. Finally, Neuberger Berman Group LLC raised its position in shares of Tempur Sealy International by 81.1% in the 3rd quarter. Neuberger Berman Group LLC now owns 354,918 shares of the company’s stock worth $18,777,000 after purchasing an additional 158,969 shares during the last quarter.

About Tempur Sealy International

Tempur Sealy International, Inc, together with its subsidiaries, develops, manufactures, markets, and distributes bedding products. The company operates through two segments, North America and International. It provides mattresses, foundations, and adjustable bases, as well as other products comprising pillows and other accessories under the TEMPUR, Tempur-Pedic, Sealy, and Stearns & Foster brands.

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