Shares of Tempur Sealy International, Inc. (NYSE:TPX – Get Free Report) have received a consensus rating of “Buy” from the seven analysts that are currently covering the firm, Marketbeat reports. Six equities research analysts have rated the stock with a buy rating and one has issued a strong buy rating on the company. The average 12 month price objective among brokerages that have issued ratings on the stock in the last year is $62.71.
TPX has been the subject of a number of recent analyst reports. Loop Capital raised Tempur Sealy International from a “hold” rating to a “buy” rating and raised their price objective for the stock from $50.00 to $75.00 in a research report on Monday, March 25th. Truist Financial raised their price objective on Tempur Sealy International from $60.00 to $65.00 and gave the stock a “buy” rating in a research report on Friday, April 5th. Finally, Wedbush reissued an “outperform” rating and issued a $66.00 price objective on shares of Tempur Sealy International in a research report on Wednesday, May 8th.
Read Our Latest Report on Tempur Sealy International
Institutional Trading of Tempur Sealy International
Tempur Sealy International Stock Down 1.1 %
Shares of NYSE TPX opened at $47.67 on Monday. The company has a current ratio of 1.21, a quick ratio of 0.70 and a debt-to-equity ratio of 7.74. The stock has a market capitalization of $8.28 billion, a PE ratio of 23.60, a price-to-earnings-growth ratio of 1.53 and a beta of 1.63. The stock’s fifty day simple moving average is $50.60 and its two-hundred day simple moving average is $51.18. Tempur Sealy International has a 12-month low of $36.12 and a 12-month high of $57.13.
Tempur Sealy International (NYSE:TPX – Get Free Report) last announced its earnings results on Tuesday, May 7th. The company reported $0.50 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.48 by $0.02. The business had revenue of $1.19 billion for the quarter, compared to analysts’ expectations of $1.21 billion. Tempur Sealy International had a return on equity of 168.59% and a net margin of 7.32%. The business’s revenue for the quarter was down 1.5% on a year-over-year basis. During the same quarter last year, the firm earned $0.53 EPS. As a group, analysts expect that Tempur Sealy International will post 2.71 EPS for the current fiscal year.
Tempur Sealy International Announces Dividend
The company also recently declared a quarterly dividend, which was paid on Thursday, May 30th. Shareholders of record on Thursday, May 16th were given a dividend of $0.13 per share. The ex-dividend date of this dividend was Wednesday, May 15th. This represents a $0.52 dividend on an annualized basis and a yield of 1.09%. Tempur Sealy International’s dividend payout ratio is currently 25.74%.
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.
Read More
- Five stocks we like better than Tempur Sealy International
- How to Invest in Biotech Stocks
- Outlook Therapeutics: Analysts Forecast Over 500% Stock Upside
- Investing in Travel Stocks Benefits
- Campbell Soup Co. Targets Fiscal Q4 Stock Recovery
- How to Invest in Small Cap StocksĀ
- Zebra Analysts Upgrade Stock, Forecasting Major Reversal
Receive News & Ratings for Tempur Sealy International Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Tempur Sealy International and related companies with MarketBeat.com's FREE daily email newsletter.