Somewhat Positive News Coverage Somewhat Unlikely to Affect Tempur Sealy International (TPX) Stock Price

News coverage about Tempur Sealy International (NYSE:TPX) has trended somewhat positive on Saturday, according to Accern Sentiment. The research firm identifies positive and negative news coverage by analyzing more than twenty million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Tempur Sealy International earned a media sentiment score of 0.17 on Accern’s scale. Accern also gave media headlines about the company an impact score of 46.7717477795011 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the immediate future.

A number of brokerages have recently issued reports on TPX. Zacks Investment Research upgraded shares of Tempur Sealy International from a “hold” rating to a “buy” rating and set a $70.00 price target for the company in a report on Thursday, January 11th. Raymond James Financial reiterated a “buy” rating on shares of Tempur Sealy International in a report on Thursday, December 7th. Wedbush reiterated a “hold” rating on shares of Tempur Sealy International in a report on Friday, December 8th. TheStreet upgraded shares of Tempur Sealy International from a “c” rating to a “b” rating in a report on Thursday, November 2nd. Finally, SunTrust Banks reiterated a “hold” rating and issued a $55.00 price target on shares of Tempur Sealy International in a report on Friday, November 3rd. Two equities research analysts have rated the stock with a sell rating, eight have issued a hold rating, five have issued a buy rating and one has issued a strong buy rating to the stock. The stock has a consensus rating of “Hold” and an average target price of $62.44.

Shares of Tempur Sealy International (TPX) traded up $0.27 during midday trading on Friday, reaching $62.94. 833,968 shares of the company were exchanged, compared to its average volume of 530,253. The firm has a market cap of $3,395.50, a PE ratio of 20.98, a price-to-earnings-growth ratio of 0.96 and a beta of 1.54. Tempur Sealy International has a 12-month low of $39.57 and a 12-month high of $68.05. The company has a debt-to-equity ratio of 20.03, a quick ratio of 0.77 and a current ratio of 1.08.

Tempur Sealy International (NYSE:TPX) last issued its quarterly earnings data on Thursday, November 2nd. The company reported $1.00 EPS for the quarter, beating the Zacks’ consensus estimate of $0.97 by $0.03. The firm had revenue of $724.80 million for the quarter, compared to analysts’ expectations of $756.10 million. Tempur Sealy International had a net margin of 5.79% and a return on equity of 1,042.63%. The firm’s revenue was down 12.9% on a year-over-year basis. During the same period in the prior year, the company earned $1.32 EPS. analysts predict that Tempur Sealy International will post 3.25 earnings per share for the current year.

In other news, EVP H Clifford Buster III purchased 18,800 shares of the firm’s stock in a transaction on Thursday, November 9th. The shares were bought at an average cost of $53.03 per share, with a total value of $996,964.00. Following the purchase, the executive vice president now directly owns 18,800 shares of the company’s stock, valued at $996,964. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, 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, for a total transaction of $1,001,532.35. Following the completion of the purchase, the chief executive officer now directly owns 245,019 shares in the company, valued at $12,542,522.61. The disclosure for this purchase can be found here. 2.10% of the stock is 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.

Insider Buying and Selling by Quarter for Tempur Sealy International (NYSE:TPX)

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