Brokerages expect Tempur Sealy International Inc (NYSE:TPX) to post $0.84 earnings per share for the current fiscal quarter, according to Zacks Investment Research. Six analysts have issued estimates for Tempur Sealy International’s earnings, with the highest EPS estimate coming in at $0.99 and the lowest estimate coming in at $0.70. Tempur Sealy International reported earnings per share of $1.18 during the same quarter last year, which would suggest a negative year over year growth rate of 28.8%. The business is expected to announce its next quarterly earnings results before the market opens on Thursday, February 22nd.

On average, analysts expect that Tempur Sealy International will report full-year earnings of $3.24 per share for the current year, with EPS estimates ranging from $3.10 to $3.40. For the next fiscal year, analysts forecast that the firm will post earnings of $4.01 per share, with EPS estimates ranging from $3.55 to $5.18. Zacks Investment Research’s earnings per share averages are a mean average based on a survey of analysts that follow Tempur Sealy International.

A number of analysts recently commented on TPX shares. Zacks Investment Research cut Tempur Sealy International from a “hold” rating to a “sell” rating in a research report on Tuesday, October 24th. ValuEngine cut Tempur Sealy International from a “buy” rating to a “hold” rating in a research report on Thursday, November 2nd. Stifel Nicolaus reiterated a “buy” rating and set a $80.00 price objective on shares of Tempur Sealy International in a research report on Friday, November 3rd. SunTrust Banks reiterated a “hold” rating and set a $55.00 price objective on shares of Tempur Sealy International in a research report on Friday, November 3rd. Finally, TheStreet upgraded Tempur Sealy International from a “c” rating to a “b” rating in a research report on Thursday, November 2nd. Six research analysts have rated the stock with a hold rating, five have given a buy rating and one has given a strong buy rating to the company’s stock. Tempur Sealy International has an average rating of “Buy” and an average target price of $70.00.

In other Tempur Sealy International news, EVP Richard W. Anderson sold 24,345 shares of the firm’s stock in a transaction dated Tuesday, December 19th. The stock was sold at an average price of $64.99, for a total value of $1,582,181.55. Following the sale, the executive vice president now directly owns 78,236 shares of the company’s stock, valued at approximately $5,084,557.64. The sale was disclosed in a filing with the SEC, which can be accessed through this link. 2.10% of the stock is currently owned by company insiders.

A number of large investors have recently modified their holdings of the business. American International Group Inc. boosted its stake in Tempur Sealy International by 1.6% in the 4th quarter. American International Group Inc. now owns 95,345 shares of the company’s stock worth $5,977,000 after buying an additional 1,488 shares during the last quarter. BlackRock Inc. boosted its stake in Tempur Sealy International by 1.6% in the 4th quarter. BlackRock Inc. now owns 3,722,871 shares of the company’s stock worth $233,386,000 after buying an additional 57,654 shares during the last quarter. Arizona State Retirement System boosted its stake in Tempur Sealy International by 27.6% in the 4th quarter. Arizona State Retirement System now owns 33,150 shares of the company’s stock worth $2,078,000 after buying an additional 7,173 shares during the last quarter. The Manufacturers Life Insurance Company boosted its stake in Tempur Sealy International by 4.1% in the 4th quarter. The Manufacturers Life Insurance Company now owns 7,174,247 shares of the company’s stock worth $449,754,000 after buying an additional 281,668 shares during the last quarter. Finally, Wells Fargo & Company MN boosted its stake in Tempur Sealy International by 25.7% in the 4th quarter. Wells Fargo & Company MN now owns 103,095 shares of the company’s stock worth $6,462,000 after buying an additional 21,046 shares during the last quarter.

Tempur Sealy International (NYSE:TPX) traded up $0.89 during trading on Monday, reaching $55.74. The company had a trading volume of 1,212,174 shares, compared to its average volume of 839,536. The stock has a market cap of $2,971.81, a PE ratio of 18.58, a PEG ratio of 0.84 and a beta of 1.27. Tempur Sealy International has a 1 year low of $39.57 and a 1 year high of $68.05. The company has a current ratio of 1.08, a quick ratio of 0.77 and a debt-to-equity ratio of 20.03.

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About Tempur Sealy International

Tempur Sealy International, Inc is a bedding manufacturer. The Company develops, manufactures, markets and distributes bedding products. The Company operates in two segments: North America and International. The North America segment consists of Tempur and Sealy manufacturing and distribution subsidiaries, joint ventures and licensees located in the United States and Canada.

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