Tempur Sealy International, Inc. (NYSE:TPX) – Equities research analysts at Piper Sandler upped their Q2 2021 earnings per share estimates for Tempur Sealy International in a report issued on Thursday, April 29th. Piper Sandler analyst P. Keith now anticipates that the company will post earnings of $0.48 per share for the quarter, up from their prior estimate of $0.40. Piper Sandler also issued estimates for Tempur Sealy International’s Q3 2021 earnings at $0.80 EPS, FY2021 earnings at $2.69 EPS, Q1 2022 earnings at $0.68 EPS, Q2 2022 earnings at $0.53 EPS, Q3 2022 earnings at $0.88 EPS, Q4 2022 earnings at $0.86 EPS and FY2022 earnings at $2.95 EPS.
Tempur Sealy International (NYSE:TPX) last announced its quarterly earnings data on Thursday, April 29th. The company reported $0.64 EPS for the quarter, topping analysts’ consensus estimates of $0.52 by $0.12. Tempur Sealy International had a return on equity of 106.94% and a net margin of 7.17%.
Shares of TPX stock opened at $38.65 on Monday. The stock has a 50-day moving average of $38.51 and a 200-day moving average of $30.86. Tempur Sealy International has a one year low of $11.66 and a one year high of $41.03. The stock has a market cap of $7.80 billion, a PE ratio of 33.03, a price-to-earnings-growth ratio of 0.61 and a beta of 2.02. The company has a debt-to-equity ratio of 3.34, a current ratio of 1.12 and a quick ratio of 0.85.
Several institutional investors have recently bought and sold shares of TPX. BlackRock Inc. lifted its position in shares of Tempur Sealy International by 299.7% during the 4th quarter. BlackRock Inc. now owns 16,192,648 shares of the company’s stock worth $437,202,000 after buying an additional 12,141,872 shares during the last quarter. Route One Investment Company L.P. raised its stake in Tempur Sealy International by 263.3% during the fourth quarter. Route One Investment Company L.P. now owns 6,881,148 shares of the company’s stock worth $185,791,000 after acquiring an additional 4,987,111 shares in the last quarter. Dimensional Fund Advisors LP lifted its holdings in shares of Tempur Sealy International by 300.4% in the fourth quarter. Dimensional Fund Advisors LP now owns 3,872,336 shares of the company’s stock worth $104,559,000 after acquiring an additional 2,905,111 shares during the last quarter. Boston Partners boosted its stake in shares of Tempur Sealy International by 1,284.5% in the 4th quarter. Boston Partners now owns 2,956,262 shares of the company’s stock valued at $79,819,000 after purchasing an additional 2,742,737 shares in the last quarter. Finally, Van Berkom & Associates Inc. grew its holdings in shares of Tempur Sealy International by 297.7% during the 4th quarter. Van Berkom & Associates Inc. now owns 3,467,356 shares of the company’s stock valued at $93,619,000 after purchasing an additional 2,595,548 shares during the last quarter. 23.04% of the stock is owned by institutional investors.
In other Tempur Sealy International news, EVP Steven H. Rusing sold 73,493 shares of the company’s stock in a transaction on Friday, April 16th. The stock was sold at an average price of $39.54, for a total transaction of $2,905,913.22. Following the completion of the sale, the executive vice president now directly owns 118,427 shares in the company, valued at $4,682,603.58. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, EVP Scott Vollet sold 96,992 shares of the firm’s stock in a transaction on Wednesday, March 24th. The shares were sold at an average price of $37.30, for a total value of $3,617,801.60. Insiders have sold 236,672 shares of company stock valued at $8,839,624 in the last ninety days. 3.14% of the stock is currently owned by company insiders.
The business also recently declared a quarterly dividend, which will be paid on Thursday, May 27th. Investors of record on Thursday, May 13th will be paid a $0.07 dividend. This represents a $0.28 dividend on an annualized basis and a yield of 0.72%. The ex-dividend date of this dividend is Wednesday, May 12th. Tempur Sealy International’s dividend payout ratio (DPR) is presently 28.00%.
Tempur Sealy International Company Profile
Tempur Sealy International, Inc, together with its subsidiaries, develops, manufactures, markets, and distributes bedding products in the United States, Canada, 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, Tempur-Pedic, Sealy, Comfort Revolution, and Stearns & Foster brands.
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