Tempur Sealy International (TPX) Earning Somewhat Positive Press Coverage, Accern Reports
Media stories about Tempur Sealy International (NYSE:TPX) have been trending somewhat positive this week, according to Accern Sentiment Analysis. Accern identifies positive and negative press coverage by reviewing more than 20 million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. Tempur Sealy International earned a news sentiment score of 0.06 on Accern’s scale. Accern also assigned news headlines about the company an impact score of 46.1637004005703 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the next few days.
Here are some of the headlines that may have effected Accern Sentiment’s rankings:
- Is the Stock Safe to Invest? – Tempur Sealy International, Inc., (NYSE: TPX) – Stock Watch (stocksnewstimes.com)
- Tempur Sealy International, Inc. (NYSE: TPX) – Signals from Technical Perspective – Alpha Beta Stock (alphabetastock.com)
- How Much Percent Do The Stock More or Less Volatile Than The Market? – Tempur Sealy International, Inc., (NYSE … – Stock Watch (stocksnewstimes.com)
- Active Runners: Tempur Sealy International, Inc., (NYSE: TPX), Tailored Brands, Inc., (NYSE: TLRD), Redwood Trust … – Stocks In The News (press release) (tradingnewsnow.com)
- Insider Buying: Tempur Sealy International, Inc. (TPX) EVP Buys 18,800 Shares of Stock (americanbankingnews.com)
Tempur Sealy International (NYSE:TPX) opened at $54.07 on Thursday. The company has a quick ratio of 0.77, a current ratio of 1.08 and a debt-to-equity ratio of 20.03. The firm has a market cap of $2,904.62, a PE ratio of 14.93, a P/E/G ratio of 1.09 and a beta of 1.60. Tempur Sealy International has a fifty-two week low of $39.57 and a fifty-two week high of $70.45.
Tempur Sealy International (NYSE:TPX) last released its quarterly earnings data on Thursday, November 2nd. The company reported $1.00 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.97 by $0.03. The business had revenue of $724.80 million for the quarter, compared to the consensus estimate 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 revenue was down 12.9% compared to the same quarter last year. During the same period in the prior year, the firm earned $1.32 earnings per share. analysts predict that Tempur Sealy International will post 3.25 earnings per share for the current fiscal year.
TPX has been the subject of a number of recent research reports. Zacks Investment Research lowered shares of Tempur Sealy International from a “hold” rating to a “sell” rating in a research note on Tuesday, October 24th. Bank of America Corporation reiterated a “buy” rating and issued a $85.00 target price (up previously from $75.00) on shares of Tempur Sealy International in a research note on Wednesday, August 30th. Piper Jaffray Companies set a $61.00 target price on shares of Tempur Sealy International and gave the stock a “hold” rating in a research note on Thursday, July 27th. ValuEngine lowered shares of Tempur Sealy International from a “buy” rating to a “hold” rating in a research note on Thursday, November 2nd. Finally, BidaskClub upgraded shares of Tempur Sealy International from a “buy” rating to a “strong-buy” rating in a research note on Monday, July 31st. Two investment analysts have rated the stock with a sell rating, nine have assigned a hold rating, three have assigned a buy rating and two have issued a strong buy rating to the company. The company has an average rating of “Hold” and a consensus price target of $61.33.
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In other Tempur Sealy International news, EVP H Clifford Buster III acquired 18,800 shares of the company’s stock in a transaction on Thursday, November 9th. The shares were acquired at an average cost of $53.03 per share, with a total value of $996,964.00. Following the completion of the acquisition, the executive vice president now directly owns 18,800 shares in the company, valued at $996,964. The purchase was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, CEO Scott L. Thompson acquired 19,565 shares of the company’s stock in a transaction on Tuesday, November 7th. The shares were acquired at an average cost of $51.19 per share, for a total transaction of $1,001,532.35. Following the completion of the acquisition, the chief executive officer now owns 245,019 shares of the company’s stock, valued at $12,542,522.61. The disclosure for this purchase can be found here. 2.10% of the stock is owned by corporate insiders.
Tempur Sealy International Company Profile
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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