Tempur Sealy International (NYSE:TPX) Coverage Initiated at StockNews.com

StockNews.com started coverage on shares of Tempur Sealy International (NYSE:TPX) in a research note issued to investors on Thursday. The firm issued a hold rating on the stock.

Other analysts also recently issued research reports about the company. KeyCorp boosted their price target on Tempur Sealy International from $70.00 to $74.00 and gave the stock an “overweight” rating in a research report on Friday, February 7th. Bank of America upped their price objective on shares of Tempur Sealy International from $73.00 to $79.00 and gave the stock a “buy” rating in a report on Tuesday, February 11th. William Blair raised shares of Tempur Sealy International from a “market perform” rating to an “outperform” rating in a research note on Wednesday, February 5th. Piper Sandler upped their price target on shares of Tempur Sealy International from $65.00 to $76.00 and gave the stock an “overweight” rating in a research note on Monday, February 3rd. Finally, Wedbush reiterated an “outperform” rating and issued a $80.00 price objective (up from $67.00) on shares of Tempur Sealy International in a report on Monday, February 3rd. One equities research analyst has rated the stock with a hold rating, seven have assigned a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat.com, Tempur Sealy International has an average rating of “Buy” and an average target price of $72.43.

Tempur Sealy International Stock Performance

The company has a debt-to-equity ratio of 3.95, a quick ratio of 0.65 and a current ratio of 1.14. The company’s fifty day simple moving average is $59.48 and its 200 day simple moving average is $54.63. The company has a market capitalization of $11.94 billion, a PE ratio of 27.73, a PEG ratio of 2.18 and a beta of 1.64. Tempur Sealy International has a twelve month low of $45.04 and a twelve month high of $69.55.

Institutional Trading of Tempur Sealy International

A number of hedge funds and other institutional investors have recently made changes to their positions in TPX. Private Trust Co. NA grew its position in Tempur Sealy International by 49.2% in the fourth quarter. Private Trust Co. NA now owns 552 shares of the company’s stock worth $31,000 after buying an additional 182 shares during the last quarter. Jones Financial Companies Lllp grew its holdings in shares of Tempur Sealy International by 92.7% in the 4th quarter. Jones Financial Companies Lllp now owns 607 shares of the company’s stock worth $34,000 after acquiring an additional 292 shares during the last quarter. Versant Capital Management Inc raised its position in shares of Tempur Sealy International by 365.2% during the fourth quarter. Versant Capital Management Inc now owns 614 shares of the company’s stock worth $35,000 after purchasing an additional 482 shares during the period. UMB Bank n.a. lifted its holdings in shares of Tempur Sealy International by 72.0% during the fourth quarter. UMB Bank n.a. now owns 805 shares of the company’s stock valued at $46,000 after purchasing an additional 337 shares during the last quarter. Finally, IFP Advisors Inc lifted its holdings in shares of Tempur Sealy International by 22.7% during the fourth quarter. IFP Advisors Inc now owns 828 shares of the company’s stock valued at $47,000 after purchasing an additional 153 shares during the last quarter. 99.86% of the stock is currently owned by institutional investors.

Tempur Sealy International Company Profile

Tempur Sealy International, Inc, together with its subsidiaries, designs, manufactures, distributes, and retails bedding products in the United States and internationally. It provides mattresses, foundations and adjustable foundations, and adjustable bases, as well as other products comprising pillows, mattress covers, sheets, cushions, and various other accessories and comfort products under the Tempur-Pedic, Sealy, Stearns & Foster, Sealy, and Cocoon by Sealy brand names.