Equities research analysts expect Tempur Sealy International Inc (NYSE:TPX) to report earnings per share of $0.65 for the current quarter, Zacks reports. Seven analysts have made estimates for Tempur Sealy International’s earnings, with the highest EPS estimate coming in at $0.75 and the lowest estimate coming in at $0.53. Tempur Sealy International posted earnings of $0.52 per share during the same quarter last year, which indicates a positive year over year growth rate of 25%. The business is expected to report its next quarterly earnings report on Thursday, July 25th.

According to Zacks, analysts expect that Tempur Sealy International will report full-year earnings of $3.38 per share for the current year, with EPS estimates ranging from $3.05 to $3.75. For the next financial year, analysts forecast that the firm will report earnings of $4.08 per share, with EPS estimates ranging from $3.34 to $4.93. Zacks Investment Research’s earnings per share calculations are a mean average based on a survey of sell-side analysts that cover Tempur Sealy International.

Tempur Sealy International (NYSE:TPX) last posted its quarterly earnings results on Thursday, May 2nd. The company reported $0.54 earnings per share for the quarter, topping analysts’ consensus estimates of $0.47 by $0.07. The firm had revenue of $690.90 million for the quarter, compared to analyst estimates of $666.42 million. Tempur Sealy International had a net margin of 3.82% and a return on equity of 78.28%. Tempur Sealy International’s quarterly revenue was up 8.4% on a year-over-year basis. During the same period in the previous year, the business posted $0.46 earnings per share.

Several research firms have weighed in on TPX. Wedbush reiterated an “outperform” rating and issued a $74.00 target price on shares of Tempur Sealy International in a report on Wednesday, May 29th. Zacks Investment Research upgraded shares of Tempur Sealy International from a “sell” rating to a “hold” rating in a report on Wednesday, May 8th. SunTrust Banks boosted their target price on shares of Tempur Sealy International to $70.00 and gave the company a “hold” rating in a report on Friday, May 3rd. TheStreet upgraded shares of Tempur Sealy International from a “c+” rating to a “b” rating in a report on Tuesday, June 4th. Finally, Raymond James set a $77.00 target price on shares of Tempur Sealy International and gave the company a “buy” rating in a report on Friday, May 3rd. One analyst has rated the stock with a sell rating, four have issued a hold rating and five have issued a buy rating to the company’s stock. The company has a consensus rating of “Hold” and an average price target of $68.15.

In other news, EVP Scott Vollet sold 3,873 shares of the business’s stock in a transaction that occurred on Monday, May 6th. The shares were sold at an average price of $65.39, for a total value of $253,255.47. Following the sale, the executive vice president now directly owns 21,150 shares of the company’s stock, valued at approximately $1,382,998.50. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Robert B. Trussell, Jr. sold 3,000 shares of the business’s stock in a transaction that occurred on Thursday, May 23rd. The shares were sold at an average price of $62.76, for a total transaction of $188,280.00. The disclosure for this sale can be found here. Insiders sold a total of 8,352 shares of company stock worth $529,635 over the last three months. Insiders own 3.23% of the company’s stock.

Several institutional investors have recently added to or reduced their stakes in the company. Captrust Financial Advisors increased its stake in Tempur Sealy International by 15.0% during the 4th quarter. Captrust Financial Advisors now owns 1,506 shares of the company’s stock worth $62,000 after buying an additional 196 shares during the period. Louisiana State Employees Retirement System increased its stake in Tempur Sealy International by 1.7% during the 1st quarter. Louisiana State Employees Retirement System now owns 12,300 shares of the company’s stock worth $709,000 after buying an additional 200 shares during the period. PNC Financial Services Group Inc. increased its stake in Tempur Sealy International by 14.6% during the 4th quarter. PNC Financial Services Group Inc. now owns 1,949 shares of the company’s stock worth $80,000 after buying an additional 248 shares during the period. California State Teachers Retirement System increased its stake in Tempur Sealy International by 0.4% during the 1st quarter. California State Teachers Retirement System now owns 73,308 shares of the company’s stock worth $4,228,000 after buying an additional 260 shares during the period. Finally, American International Group Inc. increased its stake in Tempur Sealy International by 0.4% during the 4th quarter. American International Group Inc. now owns 93,601 shares of the company’s stock worth $3,875,000 after buying an additional 351 shares during the period.

TPX opened at $67.65 on Friday. The stock has a market cap of $3.67 billion, a P/E ratio of 22.85, a price-to-earnings-growth ratio of 0.97 and a beta of 1.66. Tempur Sealy International has a twelve month low of $38.90 and a twelve month high of $69.83. The company has a current ratio of 1.18, a quick ratio of 0.85 and a debt-to-equity ratio of 6.95.

Tempur Sealy International Company Profile

Tempur Sealy International, Inc develops, manufactures, markets and distributes bedding products. It operates through North America and International segments. The North America segment consists of Tempur and Sealy manufacturing and distribution subsidiaries, joint ventures and licensees located in the U.S.

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Earnings History and Estimates for Tempur Sealy International (NYSE:TPX)

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