Tempur Sealy International (NYSE:TPX) Now Covered by Analysts at StockNews.com

StockNews.com started coverage on shares of Tempur Sealy International (NYSE:TPX) in a report released on Friday morning. The brokerage issued a hold rating on the stock.

A number of other brokerages have also issued reports on TPX. Truist Financial lifted their target price on shares of Tempur Sealy International from $63.00 to $69.00 and gave the company a “buy” rating in a research note on Wednesday, January 29th. Piper Sandler boosted their price objective on shares of Tempur Sealy International from $65.00 to $76.00 and gave the stock an “overweight” rating in a report on Monday, February 3rd. UBS Group boosted their price objective on shares of Tempur Sealy International from $67.00 to $78.00 and gave the stock a “buy” rating in a report on Monday, February 3rd. William Blair upgraded shares of Tempur Sealy International from a “market perform” rating to an “outperform” rating in a research report on Wednesday, February 5th. Finally, Bank of America lifted their target price on shares of Tempur Sealy International from $73.00 to $79.00 and gave the company a “buy” rating in a research report on Tuesday, February 11th. One equities research analyst has rated the stock with a hold rating, eight have issued a buy rating and one has given a strong buy rating to the company’s stock. Based on data from MarketBeat, the stock currently has an average rating of “Buy” and a consensus target price of $72.75.

Tempur Sealy International Price Performance

The firm’s 50-day moving average is $59.48 and its two-hundred day moving average is $54.63. The firm has a market cap of $11.94 billion, a price-to-earnings ratio of 27.73, a P/E/G ratio of 2.18 and a beta of 1.64. Tempur Sealy International has a 52 week low of $45.04 and a 52 week high of $69.55. The company has a quick ratio of 0.65, a current ratio of 1.14 and a debt-to-equity ratio of 3.95.

Hedge Funds Weigh In On Tempur Sealy International

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Brooklyn Investment Group acquired a new position in Tempur Sealy International in the third quarter valued at about $27,000. Private Trust Co. NA boosted 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 valued at $31,000 after buying an additional 182 shares in the last quarter. Jones Financial Companies Lllp lifted its position in shares of Tempur Sealy International by 92.7% during the fourth quarter. Jones Financial Companies Lllp now owns 607 shares of the company’s stock worth $34,000 after purchasing an additional 292 shares in the last quarter. Versant Capital Management Inc lifted 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 in the last quarter. Finally, UMB Bank n.a. lifted its position 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 worth $46,000 after purchasing an additional 337 shares in the last quarter. 99.86% of the stock is currently owned by institutional investors and hedge funds.

About Tempur Sealy International

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.