News articles about Tempur Sealy International (NYSE:TPX) have trended somewhat positive recently, according to Accern Sentiment Analysis. The research group identifies positive and negative news coverage by reviewing more than 20 million news and blog sources in real-time. Accern ranks coverage of companies on a scale of negative one to one, with scores closest to one being the most favorable. Tempur Sealy International earned a news sentiment score of 0.18 on Accern’s scale. Accern also gave news articles about the company an impact score of 44.9700337069995 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the near future.
These are some of the media stories that may have effected Accern Sentiment’s scoring:
- Notable Worth Watching Stocks: Tempur Sealy International, Inc., (NYSE: TPX), Shaw Communications Inc., (NYSE … – Stocks In The News (press release) (tradingnewsnow.com)
- Tempur Sealy International’s (TPX) “Buy” Rating Reiterated at Raymond James Financial (americanbankingnews.com)
- Tempur Sealy International (TPX) Stock Rating Reaffirmed by Wedbush (americanbankingnews.com)
- Altaba Inc. (AABA) in Intentions Seekers on Ratio Analysis- Tempur Sealy International, Inc. (TPX) – Investing News Update (investingbizz.com)
- Hot Stock That Must Be in Your Portfolio: Tempur Sealy International Inc (NYSE: TPX) – Alpha Beta Stock (alphabetastock.com)
A number of research analysts have recently weighed in on TPX shares. Zacks Investment Research cut Tempur Sealy International from a “buy” rating to a “hold” rating in a research report on Wednesday, September 13th. Bank of America reaffirmed a “buy” rating and set a $85.00 price objective (up previously from $75.00) on shares of Tempur Sealy International in a research note on Wednesday, August 30th. ValuEngine raised Tempur Sealy International from a “hold” rating to a “buy” rating in a research note on Saturday, September 30th. TheStreet raised Tempur Sealy International from a “c” rating to a “b” rating in a research note on Thursday, November 2nd. Finally, Stifel Nicolaus raised Tempur Sealy International from a “hold” rating to a “buy” rating and increased their price objective for the company from $60.00 to $80.00 in a research note on Tuesday, August 22nd. Two research analysts have rated the stock with a sell rating, nine have issued a hold rating, four have issued a buy rating and one has assigned a strong buy rating to the stock. Tempur Sealy International presently has an average rating of “Hold” and a consensus target price of $61.33.
Shares of Tempur Sealy International (NYSE TPX) traded up $2.09 during trading hours on Tuesday, reaching $61.00. The company’s stock had a trading volume of 1,066,552 shares, compared to its average volume of 1,340,312. The company has a current ratio of 1.08, a quick ratio of 0.77 and a debt-to-equity ratio of 20.03. Tempur Sealy International has a 12-month low of $39.57 and a 12-month high of $70.45. The firm has a market cap of $3,185.28, a price-to-earnings ratio of 16.38, a price-to-earnings-growth ratio of 1.20 and a beta of 1.53.
Tempur Sealy International (NYSE:TPX) last issued its quarterly earnings results on Thursday, November 2nd. The company reported $1.00 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.97 by $0.03. Tempur Sealy International had a return on equity of 1,042.63% and a net margin of 5.79%. The firm had revenue of $724.80 million for the quarter, compared to analyst estimates of $756.10 million. During the same period last year, the company earned $1.32 EPS. The firm’s quarterly revenue was down 12.9% on a year-over-year basis. equities analysts predict that Tempur Sealy International will post 3.25 earnings per share for the current year.
In other Tempur Sealy International news, CEO Scott L. Thompson purchased 19,565 shares of the firm’s stock in a transaction on Tuesday, November 7th. The shares were purchased at an average cost of $51.19 per share, with a total value of $1,001,532.35. Following the purchase, the chief executive officer now owns 245,019 shares in the company, valued at $12,542,522.61. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, EVP H Clifford Buster III purchased 18,800 shares of the firm’s stock in a transaction on Thursday, November 9th. The stock was acquired at an average cost of $53.03 per share, for a total transaction of $996,964.00. Following the completion of the purchase, the executive vice president now owns 18,800 shares in the company, valued at approximately $996,964. The disclosure for this purchase can be found here. 2.10% of the stock is currently owned by company insiders.
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Tempur Sealy International Company Profile
Tempur Sealy International, Inc is a bedding manufacturer. The Company develops, manufactures, markets and distributes bedding products. The Company operates in two segments: North America and International. The North America segment consists of Tempur and Sealy manufacturing and distribution subsidiaries, joint ventures and licensees located in the United States and Canada.
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