Tempur Sealy International, Inc. (NYSE:TPX) Receives $72.43 Consensus Target Price from Brokerages

Tempur Sealy International, Inc. (NYSE:TPX) has been given a consensus rating of “Buy” by the eight brokerages that are covering the stock, MarketBeat.com reports. Seven analysts have rated the stock with a buy rating and one has assigned a strong buy rating to the company. The average 12-month price target among brokers that have covered the stock in the last year is $72.43.

Several research analysts recently issued reports on TPX shares. UBS Group increased their price target on shares of Tempur Sealy International from $67.00 to $78.00 and gave the stock a “buy” rating in a research report on Monday, February 3rd. William Blair raised Tempur Sealy International from a “market perform” rating to an “outperform” rating in a report on Wednesday, February 5th. Wedbush reaffirmed an “outperform” rating and issued a $80.00 price target (up previously from $67.00) on shares of Tempur Sealy International in a research note on Monday, February 3rd. StockNews.com assumed coverage on Tempur Sealy International in a research note on Wednesday, April 9th. They set a “hold” rating for the company. Finally, Bank of America boosted their target price on shares of Tempur Sealy International from $73.00 to $79.00 and gave the company a “buy” rating in a research note on Tuesday, February 11th.

Tempur Sealy International Price Performance

The firm has a 50-day simple moving average of $59.48 and a two-hundred day simple moving average of $54.63. The company has a market cap of $11.94 billion, a price-to-earnings ratio of 27.73, a PEG ratio of 2.18 and a beta of 1.64. Tempur Sealy International has a fifty-two week low of $45.04 and a fifty-two week high of $69.55. The company has a debt-to-equity ratio of 3.95, a current ratio of 1.14 and a quick ratio of 0.65.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. IFP Advisors Inc raised its stake in shares of Tempur Sealy International by 22.7% in the fourth quarter. IFP Advisors Inc now owns 828 shares of the company’s stock worth $47,000 after acquiring an additional 153 shares during the last quarter. Private Trust Co. NA increased its holdings in shares of Tempur Sealy International by 49.2% in the fourth quarter. Private Trust Co. NA now owns 552 shares of the company’s stock valued at $31,000 after purchasing an additional 182 shares in the last quarter. Coldstream Capital Management Inc. raised its position in Tempur Sealy International by 3.1% in the 3rd quarter. Coldstream Capital Management Inc. now owns 6,488 shares of the company’s stock worth $354,000 after purchasing an additional 194 shares during the last quarter. Oregon Public Employees Retirement Fund lifted its holdings in Tempur Sealy International by 0.6% during the 4th quarter. Oregon Public Employees Retirement Fund now owns 35,371 shares of the company’s stock worth $2,005,000 after buying an additional 200 shares in the last quarter. Finally, TD Waterhouse Canada Inc. boosted its position in Tempur Sealy International by 1.6% in the 4th quarter. TD Waterhouse Canada Inc. now owns 15,446 shares of the company’s stock valued at $876,000 after buying an additional 236 shares during the last quarter. Institutional investors and hedge funds own 99.86% of the company’s stock.

About Tempur Sealy International

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.