Tempur Sealy International (TPX) Expected to Announce Earnings on Thursday

Tempur Sealy International (NYSE:TPX) will likely be issuing its quarterly earnings data before the market opens on Thursday, February 20th. Analysts expect the company to announce earnings of $0.57 per share and revenue of $1.18 billion for the quarter. Parties that are interested in participating in the company’s conference call can do so using this link.

Tempur Sealy International Price Performance

The company has a current ratio of 1.14, a quick ratio of 0.65 and a debt-to-equity ratio of 3.95. The firm’s 50 day simple moving average is $59.48 and its 200-day simple moving average is $54.63. The company has a market capitalization of $11.95 billion, a PE ratio of 31.42, a PEG ratio of 2.07 and a beta of 1.64. Tempur Sealy International has a twelve month low of $45.04 and a twelve month high of $69.55.

Wall Street Analyst Weigh In

TPX has been the topic of a number of recent analyst reports. 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 raised their price target on Tempur Sealy International from $65.00 to $76.00 and gave the company an “overweight” rating in a report on Monday, February 3rd. UBS Group raised their price target on Tempur Sealy International from $67.00 to $78.00 and gave the company a “buy” rating in a report on Monday, February 3rd. StockNews.com raised Tempur Sealy International from a “hold” rating to a “buy” rating in a report on Wednesday, February 12th. Finally, Wedbush reaffirmed an “outperform” rating and issued a $80.00 target price (up from $67.00) on shares of Tempur Sealy International in a report on Monday, February 3rd. Nine investment analysts have rated the stock with a buy rating and one has assigned a strong buy rating to the company’s stock. According to data from MarketBeat.com, the company currently has an average rating of “Buy” and an average price target of $73.25.

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.