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

StockNews.com began coverage on shares of Tempur Sealy International (NYSE:TPX) in a research note published on Monday morning. The brokerage issued a hold rating on the stock.

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

Tempur Sealy International Price Performance

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 stock has a fifty day simple moving average of $59.48 and a 200-day simple moving average of $54.63. The stock has a market cap of $11.94 billion, a P/E ratio of 27.73, a PEG ratio of 2.18 and a beta of 1.64. Tempur Sealy International has a 1 year low of $45.04 and a 1 year high of $69.55.

Institutional Investors Weigh In On Tempur Sealy International

Several large investors have recently bought and sold shares of TPX. Kieckhefer Group LLC purchased a new stake in shares of Tempur Sealy International during the 4th quarter valued at about $994,000. Qsemble Capital Management LP bought a new position in Tempur Sealy International during the third quarter valued at approximately $867,000. Argent Capital Management LLC boosted its holdings in Tempur Sealy International by 9.6% in the fourth quarter. Argent Capital Management LLC now owns 74,104 shares of the company’s stock worth $4,201,000 after purchasing an additional 6,498 shares during the last quarter. HB Wealth Management LLC bought a new stake in Tempur Sealy International in the 4th quarter worth approximately $246,000. Finally, Nilsine Partners LLC raised its stake in Tempur Sealy International by 3.8% during the 4th quarter. Nilsine Partners LLC now owns 190,691 shares of the company’s stock valued at $10,810,000 after buying an additional 6,900 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.