Tempur Sealy International, Inc. (NYSE:TPX)‘s stock had its “hold” rating reiterated by equities researchers at Stifel Nicolaus in a research report issued to clients and investors on Friday. They currently have a $47.00 target price on the stock. Stifel Nicolaus’ target price points to a potential downside of 13.44% from the stock’s current price.

A number of other research firms have also weighed in on TPX. Raymond James Financial, Inc. reaffirmed a “strong-buy” rating and issued a $55.00 price objective on shares of Tempur Sealy International in a research note on Wednesday, June 28th. BidaskClub raised shares of Tempur Sealy International from a “hold” rating to a “buy” rating in a research report on Saturday, June 24th. SunTrust Banks, Inc. raised shares of Tempur Sealy International from a “sell” rating to a “hold” rating in a research report on Monday, May 15th. ValuEngine lowered shares of Tempur Sealy International from a “buy” rating to a “hold” rating in a research report on Friday, June 2nd. Finally, Tigress Financial lowered shares of Tempur Sealy International from a “buy” rating to a “neutral” rating in a research report on Thursday, May 18th. Two equities research analysts have rated the stock with a sell rating, twelve have issued a hold rating, one has assigned a buy rating and one has issued a strong buy rating to the company’s stock. The company has an average rating of “Hold” and a consensus target price of $55.90.

Tempur Sealy International (NYSE:TPX) opened at 54.30 on Friday. Tempur Sealy International has a 52 week low of $39.57 and a 52 week high of $82.32. The company has a market capitalization of $2.93 billion, a price-to-earnings ratio of 15.97 and a beta of 1.67. The company has a 50 day moving average of $48.45 and a 200 day moving average of $51.07.

Tempur Sealy International (NYSE:TPX) last released its quarterly earnings data on Thursday, May 4th. The company reported $0.96 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.72 by $0.24. Tempur Sealy International had a net margin of 6.28% and a return on equity of 361.84%. The company had revenue of $722.10 million during the quarter, compared to analyst estimates of $725.44 million. During the same period in the prior year, the firm earned $0.68 earnings per share. The firm’s revenue for the quarter was up .2% compared to the same quarter last year. On average, equities analysts forecast that Tempur Sealy International will post $3.24 EPS for the current fiscal year.

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In related news, major shareholder Rehan Jaffer acquired 200,000 shares of the business’s stock in a transaction dated Monday, May 8th. The shares were purchased at an average price of $48.09 per share, for a total transaction of $9,618,000.00. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Jon L. Luther acquired 2,750 shares of the business’s stock in a transaction dated Monday, May 15th. The shares were bought at an average price of $48.45 per share, for a total transaction of $133,237.50. Following the acquisition, the director now owns 13,668 shares of the company’s stock, valued at $662,214.60. The disclosure for this purchase can be found here. In the last 90 days, insiders have bought 2,122,750 shares of company stock worth $101,698,731. Corporate insiders own 2.10% of the company’s stock.

Several institutional investors have recently bought and sold shares of TPX. Hudson Bay Capital Management LP increased its position in Tempur Sealy International by 46.7% in the fourth quarter. Hudson Bay Capital Management LP now owns 19,663 shares of the company’s stock valued at $1,343,000 after buying an additional 6,263 shares during the period. Neuberger Berman Group LLC bought a new position in Tempur Sealy International during the first quarter valued at about $14,268,000. ICONIQ Capital LLC increased its position in Tempur Sealy International by 26.1% in the first quarter. ICONIQ Capital LLC now owns 108,268 shares of the company’s stock valued at $5,030,000 after buying an additional 22,434 shares during the period. Quotient Investors LLC bought a new position in Tempur Sealy International during the first quarter valued at about $269,000. Finally, Parametric Portfolio Associates LLC increased its position in Tempur Sealy International by 34.0% in the first quarter. Parametric Portfolio Associates LLC now owns 96,137 shares of the company’s stock valued at $4,467,000 after buying an additional 24,387 shares during the period.

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.

Analyst Recommendations for Tempur Sealy International (NYSE:TPX)

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