Tempur Sealy International, Inc. (NYSE:TPX – Get Free Report) has been assigned a consensus recommendation of “Buy” from the seven ratings firms that are covering the firm, Marketbeat Ratings reports. One analyst has rated the stock with a hold recommendation, five have given a buy recommendation and one has given a strong buy recommendation to the company. The average 1 year price target among analysts that have updated their coverage on the stock in the last year is $59.71.
TPX has been the subject of several research analyst reports. Truist Financial reduced their price objective on shares of Tempur Sealy International from $65.00 to $58.00 and set a “buy” rating for the company in a report on Wednesday, July 10th. Piper Sandler reaffirmed an “overweight” rating and issued a $61.00 price target on shares of Tempur Sealy International in a research note on Wednesday, July 3rd. Finally, Wedbush cut shares of Tempur Sealy International from an “outperform” rating to a “neutral” rating and set a $52.00 price objective for the company. in a report on Wednesday, September 4th.
View Our Latest Research Report on Tempur Sealy International
Institutional Trading of Tempur Sealy International
Tempur Sealy International Price Performance
Shares of NYSE:TPX opened at $54.78 on Wednesday. The firm’s 50 day moving average is $51.27 and its two-hundred day moving average is $51.01. The firm has a market capitalization of $9.51 billion, a P/E ratio of 27.12, a PEG ratio of 2.30 and a beta of 1.59. The company has a current ratio of 1.21, a quick ratio of 0.68 and a debt-to-equity ratio of 5.92. Tempur Sealy International has a 52 week low of $36.12 and a 52 week high of $57.13.
Tempur Sealy International (NYSE:TPX – Get Free Report) last posted its earnings results on Tuesday, August 6th. The company reported $0.63 EPS for the quarter, missing the consensus estimate of $0.64 by ($0.01). Tempur Sealy International had a net margin of 7.65% and a return on equity of 135.46%. The business had revenue of $1.23 billion during the quarter, compared to analyst estimates of $1.28 billion. During the same quarter in the prior year, the business earned $0.58 earnings per share. The firm’s revenue was down 2.8% compared to the same quarter last year. Analysts anticipate that Tempur Sealy International will post 2.53 earnings per share for the current year.
Tempur Sealy International Announces Dividend
The firm also recently disclosed a quarterly dividend, which was paid on Thursday, August 29th. Stockholders of record on Thursday, August 15th were given a dividend of $0.13 per share. The ex-dividend date was Thursday, August 15th. This represents a $0.52 annualized dividend and a dividend yield of 0.95%. Tempur Sealy International’s dividend payout ratio (DPR) is 25.74%.
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.
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