Tempur Sealy International, Inc. (NYSE:TPX) Receives $73.25 Consensus Price Target from Brokerages

Tempur Sealy International, Inc. (NYSE:TPX) has earned a consensus recommendation of “Buy” from the nine analysts that are covering the stock, Marketbeat reports. Eight analysts have rated the stock with a buy rating and one has given a strong buy rating to the company. The average twelve-month price target among brokers that have issued ratings on the stock in the last year is $72.75.

A number of research firms have commented on TPX. StockNews.com cut shares of Tempur Sealy International from a “buy” rating to a “hold” rating in a research note on Thursday, February 20th. Truist Financial raised their price target on Tempur Sealy International from $63.00 to $69.00 and gave the company a “buy” rating in a report on Wednesday, January 29th. Piper Sandler upped their price objective on Tempur Sealy International from $65.00 to $76.00 and gave the stock an “overweight” rating in a research note on Monday, February 3rd. Wedbush reissued an “outperform” rating and set a $80.00 target price (up previously from $67.00) on shares of Tempur Sealy International in a research note on Monday, February 3rd. Finally, KeyCorp boosted their price target on Tempur Sealy International from $70.00 to $74.00 and gave the stock an “overweight” rating in a report on Friday, February 7th.

Hedge Funds Weigh In On Tempur Sealy International

Institutional investors have recently added to or reduced their stakes in the company. Kieckhefer Group LLC bought a new position in shares of Tempur Sealy International during the 4th quarter valued at approximately $994,000. Qsemble Capital Management LP purchased a new stake in shares of Tempur Sealy International during the 3rd quarter valued at about $867,000. Argent Capital Management LLC lifted its holdings in shares of Tempur Sealy International by 9.6% in the 4th quarter. Argent Capital Management LLC now owns 74,104 shares of the company’s stock valued at $4,201,000 after acquiring an additional 6,498 shares during the last quarter. HB Wealth Management LLC purchased a new position in Tempur Sealy International in the fourth quarter worth about $246,000. Finally, Makena Capital Management LLC increased its stake in Tempur Sealy International by 4.9% during the third quarter. Makena Capital Management LLC now owns 205,205 shares of the company’s stock worth $11,204,000 after acquiring an additional 9,554 shares during the last quarter. Hedge funds and other institutional investors own 99.86% of the company’s stock.

Tempur Sealy International Price Performance

The company has a debt-to-equity ratio of 3.95, a quick ratio of 0.65 and a current ratio of 1.14. The company’s 50-day simple moving average is $59.48 and its two-hundred day simple moving average is $54.63. The company has a market cap of $11.94 billion, a P/E ratio of 27.73, a price-to-earnings-growth ratio of 2.18 and a beta of 1.64. Tempur Sealy International has a 1 year low of $45.04 and a 1 year high of $69.55.

Tempur Sealy International Company Profile

Tempur Sealy International, Inc, together with its subsidiaries, designs, manufactures, distributes, and retails bedding products in the United States and internationally. It provides mattresses, foundations and adjustable foundations, and adjustable bases, as well as other products comprising pillows, mattress covers, sheets, cushions, and various other accessories and comfort products under the Tempur-Pedic, Sealy, Stearns & Foster, Sealy, and Cocoon by Sealy brand names.