Tempur Sealy International, Inc. (NYSE:TPX) Receives Average Rating of “Buy” from Brokerages

Tempur Sealy International, Inc. (NYSE:TPX) has received an average rating of “Buy” from the eight analysts that are covering the stock, MarketBeat reports. Seven equities research analysts have rated the stock with a buy rating and one has assigned a strong buy rating to the company. The average 12 month target price among analysts that have issued a report on the stock in the last year is $72.43.

A number of brokerages recently commented on TPX. KeyCorp lifted their price objective on Tempur Sealy International from $70.00 to $74.00 and gave the stock an “overweight” rating in a research note on Friday, February 7th. William Blair upgraded Tempur Sealy International from a “market perform” rating to an “outperform” rating in a research report on Wednesday, February 5th. Piper Sandler increased their price target on shares of Tempur Sealy International from $65.00 to $76.00 and gave the company an “overweight” rating in a research report on Monday, February 3rd. Bank of America lifted their price objective on shares of Tempur Sealy International from $73.00 to $79.00 and gave the stock a “buy” rating in a research note on Tuesday, February 11th. Finally, UBS Group upped their target price on shares of Tempur Sealy International from $67.00 to $78.00 and gave the company a “buy” rating in a research note on Monday, February 3rd.

Tempur Sealy International Stock Performance

The stock’s 50 day simple moving average is $59.48 and its two-hundred day simple moving average is $54.63. The firm has a market cap of $11.94 billion, a price-to-earnings ratio of 27.73, a PEG ratio of 2.18 and a beta of 1.64. Tempur Sealy International has a fifty-two week low of $45.04 and a fifty-two 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.

Institutional Inflows and Outflows

Institutional investors have recently bought and sold shares of the stock. Private Trust Co. NA raised its holdings in shares of Tempur Sealy International by 49.2% during the fourth quarter. Private Trust Co. NA now owns 552 shares of the company’s stock worth $31,000 after acquiring an additional 182 shares during the period. Jones Financial Companies Lllp increased its holdings in Tempur Sealy International by 92.7% during the 4th 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. UMB Bank n.a. raised its stake in shares of Tempur Sealy International by 72.0% in the 4th 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 period. IFP Advisors Inc lifted its holdings in shares of Tempur Sealy International by 22.7% in 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 in the last quarter. Finally, GeoWealth Management LLC bought a new stake in shares of Tempur Sealy International in the fourth quarter valued at about $57,000. Institutional investors own 99.86% of the company’s stock.

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.