SunTrust Banks, Inc. reiterated their hold rating on shares of Tempur Sealy International, Inc. (NYSE:TPX) in a research report report published on Friday morning. They currently have a $55.00 target price on the stock. SunTrust Banks also issued estimates for Tempur Sealy International’s Q4 2017 earnings at $0.70 EPS, FY2017 earnings at $3.10 EPS, Q1 2018 earnings at $0.83 EPS, Q2 2018 earnings at $0.58 EPS, Q3 2018 earnings at $1.19 EPS, Q4 2018 earnings at $1.03 EPS and FY2018 earnings at $3.64 EPS.

TPX has been the topic of a number of other reports. Zacks Investment Research cut shares of Tempur Sealy International from a buy rating to a hold rating in a research note on Thursday, October 5th. ValuEngine upgraded shares of Tempur Sealy International from a hold rating to a buy rating in a research note on Saturday, September 30th. Stifel Nicolaus upgraded shares of Tempur Sealy International from a hold rating to a buy rating and upped their price target for the company from $60.00 to $80.00 in a research note on Tuesday, August 22nd. Finally, Piper Jaffray Companies set a $61.00 price target on shares of Tempur Sealy International and gave the company a hold rating in a research note on Thursday, July 27th. Two analysts have rated the stock with a sell rating, nine have issued a hold rating, three have issued a buy rating and two have assigned a strong buy rating to the stock. The stock has a consensus rating of Hold and a consensus target price of $62.44.

Tempur Sealy International (NYSE TPX) traded down $12.57 on Friday, reaching $53.92. 2,143,627 shares of the company’s stock were exchanged, compared to its average volume of 1,102,531. The company has a debt-to-equity ratio of 20.03, a current ratio of 1.08 and a quick ratio of 0.84. The stock has a market capitalization of $2,965.44, a PE ratio of 15.33, a PEG ratio of 1.12 and a beta of 1.60.

Tempur Sealy International (NYSE:TPX) last released its earnings results on Thursday, November 2nd. The company reported $1.00 earnings per share for the quarter, beating the Zacks’ consensus estimate of $0.97 by $0.03. The firm had revenue of $724.80 million for the quarter, compared to analysts’ expectations of $756.10 million. Tempur Sealy International had a net margin of 5.79% and a return on equity of 1,042.63%. The company’s quarterly revenue was down 12.9% on a year-over-year basis. During the same period in the previous year, the company earned $1.32 earnings per share. equities research analysts predict that Tempur Sealy International will post 3.26 earnings per share for the current fiscal year.

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Institutional investors have recently bought and sold shares of the stock. PNC Financial Services Group Inc. increased its holdings in Tempur Sealy International by 14.7% during the 1st quarter. PNC Financial Services Group Inc. now owns 2,131 shares of the company’s stock worth $100,000 after acquiring an additional 273 shares during the period. Zurcher Kantonalbank Zurich Cantonalbank increased its holdings in shares of Tempur Sealy International by 12.1% in the 2nd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 2,165 shares of the company’s stock worth $116,000 after buying an additional 234 shares during the last quarter. Sei Investments Co. increased its holdings in shares of Tempur Sealy International by 23.1% in the 2nd quarter. Sei Investments Co. now owns 2,247 shares of the company’s stock worth $120,000 after buying an additional 421 shares during the last quarter. NEXT Financial Group Inc increased its holdings in shares of Tempur Sealy International by 9,500.0% in the 2nd quarter. NEXT Financial Group Inc now owns 2,400 shares of the company’s stock worth $128,000 after buying an additional 2,375 shares during the last quarter. Finally, James Investment Research Inc. bought a new position in shares of Tempur Sealy International in the 2nd quarter worth $183,000.

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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