StockNews.com Begins Coverage on Tempur Sealy International (NYSE:TPX)

Stock analysts at StockNews.com started coverage on shares of Tempur Sealy International (NYSE:TPX) in a research report issued to clients and investors on Monday. The firm set a “hold” rating on the stock.

TPX has been the subject of a number of other research reports. Bank of America boosted their target price on 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 upgraded shares of Tempur Sealy International from a “market perform” rating to an “outperform” rating in a research note on Wednesday, February 5th. Piper Sandler raised their target price on shares of Tempur Sealy International from $65.00 to $76.00 and gave the company an “overweight” rating in a research note on Monday, February 3rd. UBS Group upped their price target on shares of Tempur Sealy International from $67.00 to $78.00 and gave the stock a “buy” rating in a research report on Monday, February 3rd. Finally, KeyCorp increased their price target on Tempur Sealy International from $70.00 to $74.00 and gave the company an “overweight” rating in a report on Friday, February 7th. One equities research analyst has rated the stock with a hold rating, seven have given a buy rating and one has assigned a strong buy rating to the company’s stock. According to data from MarketBeat.com, Tempur Sealy International has an average rating of “Buy” and a consensus price target of $72.43.

Tempur Sealy International Stock Performance

The firm has a fifty day moving average price of $59.48 and a two-hundred day moving average price of $54.63. 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. The firm has a market capitalization of $11.94 billion, a PE ratio of 27.73, a P/E/G ratio of 2.18 and a beta of 1.64.

Institutional Trading of Tempur Sealy International

A number of hedge funds and other institutional investors have recently modified their holdings of the business. Vanguard Group Inc. boosted its holdings in Tempur Sealy International by 1.1% in the fourth quarter. Vanguard Group Inc. now owns 16,271,097 shares of the company’s stock valued at $922,408,000 after purchasing an additional 179,955 shares during the last quarter. FMR LLC boosted its stake in shares of Tempur Sealy International by 4.4% during the 4th quarter. FMR LLC now owns 9,062,453 shares of the company’s stock valued at $513,750,000 after buying an additional 384,094 shares during the last quarter. State Street Corp grew its position in shares of Tempur Sealy International by 0.6% during the third quarter. State Street Corp now owns 5,025,440 shares of the company’s stock worth $274,389,000 after buying an additional 28,991 shares in the last quarter. Linonia Partnership LP grew its position in shares of Tempur Sealy International by 17.8% during the fourth quarter. Linonia Partnership LP now owns 4,824,379 shares of the company’s stock worth $273,494,000 after buying an additional 729,200 shares in the last quarter. Finally, Timucuan Asset Management Inc. FL increased its stake in shares of Tempur Sealy International by 0.3% in the fourth quarter. Timucuan Asset Management Inc. FL now owns 4,238,753 shares of the company’s stock worth $240,295,000 after buying an additional 14,233 shares during the last quarter. 99.86% of the stock is owned by hedge funds and other 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.