Tempur Sealy International (NYSE:TPX) Earns Hold Rating from Analysts at StockNews.com

Investment analysts at StockNews.com started coverage on shares of Tempur Sealy International (NYSE:TPX) in a research report issued to clients and investors on Thursday. The firm set a “hold” rating on the stock.

TPX has been the topic of several other research reports. KeyCorp raised their price objective on shares of Tempur Sealy International from $70.00 to $74.00 and gave the company an “overweight” rating in a research report on Friday, February 7th. Piper Sandler lifted their price target 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. UBS Group upped their price objective on Tempur Sealy International from $67.00 to $78.00 and gave the stock a “buy” rating in a report on Monday, February 3rd. Bank of America raised their price objective on Tempur Sealy International from $73.00 to $79.00 and gave the company a “buy” rating in a report on Tuesday, February 11th. Finally, William Blair raised Tempur Sealy International from a “market perform” rating to an “outperform” rating in a research note on Wednesday, February 5th. One equities research analyst has rated the stock with a hold rating, seven have given a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Buy” and an average price target of $72.43.

Tempur Sealy International Stock Performance

The stock has a fifty day moving average of $59.48 and a 200 day moving average of $54.63. The company has a market capitalization of $11.94 billion, a PE ratio of 27.73, a price-to-earnings-growth ratio of 2.18 and a beta of 1.64. The company has a debt-to-equity ratio of 3.95, a quick ratio of 0.65 and a current ratio of 1.14. Tempur Sealy International has a 52-week low of $45.04 and a 52-week high of $69.55.

Institutional Trading of Tempur Sealy International

Several hedge funds and other institutional investors have recently bought and sold shares of the stock. Norges Bank bought a new position in shares of Tempur Sealy International in the fourth quarter worth approximately $146,552,000. Linonia Partnership LP boosted its position in Tempur Sealy International by 17.8% during the 4th quarter. Linonia Partnership LP now owns 4,824,379 shares of the company’s stock valued at $273,494,000 after buying an additional 729,200 shares during the period. Raymond James Financial Inc. bought a new stake in Tempur Sealy International in the 4th quarter worth $22,564,000. FMR LLC increased its position in shares of Tempur Sealy International by 4.4% in the fourth quarter. FMR LLC now owns 9,062,453 shares of the company’s stock valued at $513,750,000 after acquiring an additional 384,094 shares during the period. Finally, Schonfeld Strategic Advisors LLC bought a new position in shares of Tempur Sealy International during the fourth quarter valued at about $21,114,000. Institutional investors 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.