Tempur Sealy International, Inc. (NYSE:TPX) Receives $72.75 Consensus Price Target from Analysts

Tempur Sealy International, Inc. (NYSE:TPX) has been given a consensus recommendation of “Buy” by the eight brokerages that are presently covering the stock, MarketBeat reports. Seven analysts have rated the stock with a buy rating and one has given a strong buy rating to the company. The average 1 year price target among brokerages that have updated their coverage on the stock in the last year is $72.43.

TPX has been the topic of several research analyst reports. Bank of America boosted their price objective on Tempur Sealy International from $73.00 to $79.00 and gave the company a “buy” rating in a report on Tuesday, February 11th. StockNews.com initiated coverage on shares of Tempur Sealy International in a research report on Monday. They set a “hold” rating on the stock. UBS Group raised their price objective 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. Truist Financial upped their target price on shares of Tempur Sealy International from $63.00 to $69.00 and gave the stock a “buy” rating in a research note on Wednesday, January 29th. Finally, Piper Sandler boosted 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.

Tempur Sealy International Price Performance

The company has a current ratio of 1.14, a quick ratio of 0.65 and a debt-to-equity ratio of 3.95. The firm has a 50-day moving average price of $59.48 and a 200 day moving average price of $54.63. Tempur Sealy International has a 12-month low of $45.04 and a 12-month high of $69.55. The stock has a market capitalization of $11.94 billion, a price-to-earnings ratio of 27.73, a price-to-earnings-growth ratio of 2.18 and a beta of 1.64.

Institutional Investors Weigh In On Tempur Sealy International

A number of hedge funds and other institutional investors have recently modified their holdings of the company. Brooklyn Investment Group purchased a new position in Tempur Sealy International in the third quarter valued at $27,000. Private Trust Co. NA boosted its position in shares of Tempur Sealy International by 49.2% during the 4th quarter. Private Trust Co. NA now owns 552 shares of the company’s stock worth $31,000 after acquiring an additional 182 shares in the last quarter. Jones Financial Companies Lllp increased 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 valued at $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 4th quarter. Versant Capital Management Inc now owns 614 shares of the company’s stock worth $35,000 after acquiring an additional 482 shares in the last quarter. Finally, UMB Bank n.a. lifted its stake in 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 during 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.