Tempur Sealy International (NYSE:TPX) Rating Lowered to “Hold” at StockNews.com

StockNews.com downgraded shares of Tempur Sealy International (NYSE:TPX) from a buy rating to a hold rating in a research note issued to investors on Thursday morning.

Several other analysts have also recently commented on TPX. UBS Group raised their price target on Tempur Sealy International from $67.00 to $78.00 and gave the company a “buy” rating in a report on Monday, February 3rd. Piper Sandler boosted their target price on shares of Tempur Sealy International from $65.00 to $76.00 and gave the stock an “overweight” rating in a research report on Monday, February 3rd. Bank of America upped their price target on shares of Tempur Sealy International from $73.00 to $79.00 and gave the stock a “buy” rating in a research note on Tuesday, February 11th. Truist Financial raised their price objective on shares of Tempur Sealy International from $63.00 to $69.00 and gave the company a “buy” rating in a research note on Wednesday, January 29th. Finally, Wedbush restated an “outperform” rating and set a $80.00 target price (up from $67.00) on shares of Tempur Sealy International in a research report on Monday, February 3rd. One research analyst has rated the stock with a hold rating, eight have issued a buy rating and one has assigned a strong buy rating to the company’s stock. According to data from MarketBeat, the company has a consensus rating of “Buy” and a consensus price target of $73.25.

Tempur Sealy International Price Performance

Tempur Sealy International has a 1-year low of $45.04 and a 1-year high of $69.55. The business’s 50-day moving average price is $59.48 and its 200-day moving average price is $54.63. The stock has a market capitalization of $11.94 billion, a PE ratio of 27.73, a P/E/G ratio of 2.18 and a beta of 1.64. The company has a quick ratio of 0.65, a current ratio of 1.14 and a debt-to-equity ratio of 3.95.

Institutional Inflows and Outflows

Institutional investors have recently modified their holdings of the stock. Brooklyn Investment Group purchased a new position in Tempur Sealy International during the third quarter worth $27,000. Private Trust Co. NA boosted its stake in shares of Tempur Sealy International by 49.2% during the fourth quarter. Private Trust Co. NA now owns 552 shares of the company’s stock valued at $31,000 after acquiring an additional 182 shares during the last quarter. Jones Financial Companies Lllp boosted its stake in shares of Tempur Sealy International by 92.7% during the fourth quarter. Jones Financial Companies Lllp now owns 607 shares of the company’s stock valued at $34,000 after acquiring an additional 292 shares during the last quarter. Versant Capital Management Inc increased its position in Tempur Sealy International by 365.2% during the 4th quarter. Versant Capital Management Inc now owns 614 shares of the company’s stock worth $35,000 after purchasing an additional 482 shares in the last quarter. Finally, UMB Bank n.a. raised its stake in Tempur Sealy International by 72.0% in the 4th quarter. UMB Bank n.a. now owns 805 shares of the company’s stock valued at $46,000 after purchasing an additional 337 shares during the last quarter. 99.86% of the stock is currently owned by institutional investors and hedge funds.

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.