Tempur Sealy International (TPX) Getting Somewhat Positive Media Coverage, Report Shows
News headlines about Tempur Sealy International (NYSE:TPX) have been trending somewhat positive on Friday, Accern Sentiment reports. Accern ranks the sentiment of media coverage by reviewing more than 20 million news and blog sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores closest to one being the most favorable. Tempur Sealy International earned a media sentiment score of 0.13 on Accern’s scale. Accern also gave press coverage about the company an impact score of 45.2698626364351 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the immediate future.
Here are some of the news stories that may have impacted Accern’s rankings:
- Tempur Sealy International’s (TPX) “Buy” Rating Reiterated at Raymond James Financial (americanbankingnews.com)
- Tempur Sealy International (TPX) Stock Rating Reaffirmed by Wedbush (americanbankingnews.com)
- Altaba Inc. (AABA) in Intentions Seekers on Ratio Analysis- Tempur Sealy International, Inc. (TPX) – Investing News Update (investingbizz.com)
- Hot Stock That Must Be in Your Portfolio: Tempur Sealy International Inc (NYSE: TPX) – Alpha Beta Stock (alphabetastock.com)
- Tempur Sealy International, Inc. (TPX) Beta Coefficient Clearing Picture of Risk Level with Value of 1.56 Times – Wallstreet Investorplace (wallstreetinvestorplace.com)
Tempur Sealy International (NYSE:TPX) traded up $0.04 during trading hours on Friday, hitting $58.79. 737,900 shares of the stock were exchanged, compared to its average volume of 1,343,494. Tempur Sealy International has a twelve month low of $39.57 and a twelve month high of $70.45. The company has a market cap of $3,152.23, a PE ratio of 16.21, a P/E/G ratio of 1.19 and a beta of 1.53. The company has a quick ratio of 0.77, a current ratio of 1.08 and a debt-to-equity ratio of 20.03.
Tempur Sealy International (NYSE:TPX) last released its quarterly earnings results on Thursday, November 2nd. The company reported $1.00 earnings per share for the quarter, beating analysts’ consensus estimates of $0.97 by $0.03. Tempur Sealy International had a net margin of 5.79% and a return on equity of 1,042.63%. The business had revenue of $724.80 million for the quarter, compared to analysts’ expectations of $756.10 million. During the same period last year, the business earned $1.32 EPS. The company’s revenue was down 12.9% compared to the same quarter last year. equities analysts expect that Tempur Sealy International will post 3.25 earnings per share for the current fiscal year.
Several research analysts have issued reports on the stock. Zacks Investment Research cut shares of Tempur Sealy International from a “hold” rating to a “sell” rating in a report on Tuesday, October 24th. SunTrust Banks reiterated a “hold” rating and set a $55.00 target price on shares of Tempur Sealy International in a report on Friday, November 3rd. ValuEngine cut shares of Tempur Sealy International from a “buy” rating to a “hold” rating in a report on Thursday, November 2nd. Stifel Nicolaus reiterated a “buy” rating and set a $80.00 target price on shares of Tempur Sealy International in a report on Friday, November 3rd. Finally, Bank of America reiterated a “buy” rating and set a $85.00 target price (up from $75.00) on shares of Tempur Sealy International in a report on Wednesday, August 30th. Two research analysts have rated the stock with a sell rating, nine have given a hold rating, four have assigned a buy rating and one has issued a strong buy rating to the company’s stock. The company presently has a consensus rating of “Hold” and a consensus target price of $61.33.
In other news, CEO Scott L. Thompson purchased 19,565 shares of the stock in a transaction dated 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 acquisition, the chief executive officer now owns 245,019 shares of the company’s stock, valued at $12,542,522.61. The acquisition was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, EVP H Clifford Buster III purchased 18,800 shares of the stock in a transaction dated Thursday, November 9th. The stock was purchased at an average price of $53.03 per share, for a total transaction 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 approximately $996,964. The disclosure for this purchase can be found here. 2.10% of the stock is currently owned by company insiders.
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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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