Tempur Sealy International (TPX) to Release Earnings on Thursday

Tempur Sealy International (NYSE:TPX) is set to release its earnings data before the market opens on Thursday, February 22nd. Analysts expect Tempur Sealy International to post earnings of $0.83 per share for the quarter.

Shares of Tempur Sealy International (TPX) opened at $53.80 on Wednesday. The firm has a market cap of $2,936.59, a P/E ratio of 17.93, a PEG ratio of 0.82 and a beta of 1.27. 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 has a fifty-two week low of $39.57 and a fifty-two week high of $68.05.

Several research firms have recently weighed in on TPX. Zacks Investment Research raised shares of Tempur Sealy International from a “hold” rating to a “buy” rating and set a $63.00 price objective for the company in a report on Tuesday. Wedbush raised shares of Tempur Sealy International from a “neutral” rating to an “outperform” rating and raised their price objective for the stock from $60.00 to $65.00 in a report on Wednesday, February 7th. TheStreet raised shares of Tempur Sealy International from a “c” rating to a “b” rating in a report on Thursday, November 2nd. ValuEngine lowered shares of Tempur Sealy International from a “buy” rating to a “hold” rating in a report on Thursday, November 2nd. Finally, Stifel Nicolaus reissued a “buy” rating and issued a $80.00 price target on shares of Tempur Sealy International in a report on Friday, November 3rd. Five analysts have rated the stock with a hold rating, six have issued a buy rating and one has assigned a strong buy rating to the company. The company presently has a consensus rating of “Buy” and a consensus price target of $69.00.

In related news, EVP Richard W. Anderson sold 24,345 shares of the firm’s stock in a transaction that occurred on Tuesday, December 19th. The shares were sold at an average price of $64.99, for a total value of $1,582,181.55. Following the completion of the sale, the executive vice president now owns 78,236 shares of the company’s stock, valued at $5,084,557.64. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Company insiders own 2.10% of the company’s stock.

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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.

Earnings History for Tempur Sealy International (NYSE:TPX)

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