Tempur Sealy International (NYSE:TPX) had its price objective increased by investment analysts at Raymond James from $77.00 to $90.00 in a research report issued on Monday, BenzingaRatingsTable reports. The brokerage currently has a “strong-buy” rating on the stock. Raymond James’ target price suggests a potential upside of 24.58% from the company’s current price.

TPX has been the topic of a number of other reports. Wedbush reiterated an “outperform” rating and issued a $74.00 target price on shares of Tempur Sealy International in a research report on Wednesday, May 29th. Zacks Investment Research upgraded Tempur Sealy International from a “sell” rating to a “hold” rating in a research report on Wednesday, May 8th. SunTrust Banks boosted their target price on Tempur Sealy International to $70.00 and gave the stock a “hold” rating in a research report on Friday, May 3rd. Bank of America boosted their target price on Tempur Sealy International from $85.00 to $100.00 in a research report on Tuesday, June 18th. Finally, Loop Capital upgraded Tempur Sealy International from a “sell” rating to a “hold” rating and set a $70.00 target price on the stock in a research report on Monday. Five analysts have rated the stock with a hold rating, five have given a buy rating and one has assigned a strong buy rating to the company. The stock has an average rating of “Buy” and a consensus target price of $74.79.

NYSE:TPX opened at $72.24 on Monday. The company has a quick ratio of 0.85, a current ratio of 1.18 and a debt-to-equity ratio of 6.95. The stock has a market capitalization of $4.08 billion, a P/E ratio of 24.41, a P/E/G ratio of 1.47 and a beta of 1.66. Tempur Sealy International has a 12 month low of $38.90 and a 12 month high of $75.41. The stock has a 50-day moving average price of $65.94.

Tempur Sealy International (NYSE:TPX) last posted its earnings results on Thursday, May 2nd. The company reported $0.54 EPS for the quarter, topping analysts’ consensus estimates of $0.47 by $0.07. The company had revenue of $690.90 million for the quarter, compared to the consensus estimate of $666.42 million. Tempur Sealy International had a return on equity of 78.28% and a net margin of 3.82%. The firm’s revenue for the quarter was up 8.4% on a year-over-year basis. During the same period in the previous year, the business earned $0.46 earnings per share. Equities research analysts predict that Tempur Sealy International will post 3.38 earnings per share for the current year.

In other Tempur Sealy International news, Director Evelyn S. Dilsaver sold 470 shares of the business’s stock in a transaction that occurred on Monday, April 22nd. The stock was sold at an average price of $60.88, for a total transaction of $28,613.60. Following the sale, the director now directly owns 19,636 shares of the company’s stock, valued at $1,195,439.68. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Evelyn S. Dilsaver sold 418 shares of the business’s stock in a transaction that occurred on Friday, June 21st. The stock was sold at an average price of $73.10, for a total value of $30,555.80. Following the sale, the director now directly owns 23,918 shares in the company, valued at $1,748,405.80. The disclosure for this sale can be found here. Insiders have sold 28,225 shares of company stock worth $2,002,217 over the last three months. 3.23% of the stock is currently owned by insiders.

A number of hedge funds and other institutional investors have recently modified their holdings of TPX. Rhumbline Advisers lifted its holdings in Tempur Sealy International by 38.8% during the 4th quarter. Rhumbline Advisers now owns 120,656 shares of the company’s stock valued at $4,995,000 after purchasing an additional 33,712 shares during the last quarter. Comerica Bank lifted its holdings in Tempur Sealy International by 1.6% during the 4th quarter. Comerica Bank now owns 29,824 shares of the company’s stock valued at $1,570,000 after purchasing an additional 456 shares during the last quarter. First Trust Advisors LP acquired a new stake in Tempur Sealy International during the 4th quarter valued at $337,000. PNC Financial Services Group Inc. lifted its holdings in Tempur Sealy International by 14.6% during the 4th quarter. PNC Financial Services Group Inc. now owns 1,949 shares of the company’s stock valued at $80,000 after purchasing an additional 248 shares during the last quarter. Finally, BlackRock Inc. lifted its holdings in Tempur Sealy International by 2.6% during the 4th quarter. BlackRock Inc. now owns 4,024,979 shares of the company’s stock valued at $166,635,000 after purchasing an additional 102,746 shares during the last quarter.

About Tempur Sealy International

Tempur Sealy International, Inc develops, manufactures, markets and distributes bedding products. It operates through North America and International segments. The North America segment consists of Tempur and Sealy manufacturing and distribution subsidiaries, joint ventures and licensees located in the U.S.

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Analyst Recommendations for Tempur Sealy International (NYSE:TPX)

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