Shares of Tempur Sealy International, Inc. (NYSE:TPX – Get Rating) received a consensus “moderate buy” recommendation from the ten research firms that currently cover the company, Marketbeat reports. Two equity research analysts rated the stock with a hold recommendation, five gave the company a buy recommendation and one gave the company a strong buy recommendation. The 12-month average price target among analysts who have rated the stock over the past year is $34.38.

Several stock analysts have recently released reports on the stock. UBS Group cut its price target on Tempur Sealy International shares from $45.00 to $35.00 and set a “buy” rating for the company in a Wednesday, July 20 report. KeyCorp cut its price target on Tempur Sealy International shares from $38.00 to $35.00 and set an “overweight” rating for the company in a Thursday, July 28 report. Goldman Sachs Group assumed cover for Tempur Sealy International shares in a Thursday, August 11 report. They set a “buy” rating and a price target of $34.00 for the company. Finally, Piper Sandler downgraded shares of Tempur Sealy International from an “overweight” rating to a “neutral” rating and lowered her price target for the company from $36.00 to $28.00 in a Wednesday report. June 1st.

Tempur Sealy International Price Performance

NYSE:TPX opened at $24.88 on Tuesday. The company has a 50-day moving average of $25.33 and a 200-day moving average of $27.33. The company has a market capitalization of $4.28 billion, a price-earnings ratio of 8.43, a PEG ratio of 0.87 and a beta of 1.83. Tempur Sealy International has a 52 week minimum of $20.03 and a 52 week maximum of $50.51. The company has a debt ratio of 7.97, a quick ratio of 0.65 and a current ratio of 1.23.

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Tempur Sealy International (NYSE:TPX – Get Rating) last released quarterly earnings data on Wednesday, July 27. The company reported EPS of $0.58 for the quarter, missing analyst consensus estimates of $0.59 per ($0.01). The company posted revenue of $1.21 billion for the quarter, versus a consensus estimate of $1.26 billion. Tempur Sealy International achieved a return on equity of 659.10% and a net margin of 11.12%. Tempur Sealy International sales increased 3.6% year-over-year. In the same period a year earlier, the company posted earnings per share of $0.79. As a group, equity research analysts expect Tempur Sealy International to post earnings per share of 2.7 for the current fiscal year.

Tempur Sealy International announces dividend

The company also recently declared a quarterly dividend, which was paid on Thursday, August 25. Shareholders of record on Thursday, August 11 received a dividend of $0.10 per share. This represents an annualized dividend of $0.40 and a dividend yield of 1.61%. The ex-dividend date was Wednesday, August 10. Tempur Sealy International’s dividend payout ratio is 13.56%.

Institutional investors weigh in on Tempur Sealy International

Institutional investors have recently changed their stake in the company. Quadrant Capital Group LLC increased its position in Tempur Sealy International shares by 213.7% during the first quarter. Quadrant Capital Group LLC now owns 938 shares of the company worth $26,000 after purchasing an additional 639 shares during the period. Parkside Financial Bank & Trust increased its stake in Tempur Sealy International by 67.5% during the first quarter. Parkside Financial Bank & Trust now owns 1,241 shares of the company valued at $34,000 after purchasing an additional 500 shares during the period. Signaturefd LLC increased its holdings in Tempur Sealy International by 76.4% in the first quarter. Signaturefd LLC now owns 1,385 shares of the company valued at $39,000 after purchasing an additional 600 shares during the period. Alpha Paradigm Partners LLC acquired a new position in Tempur Sealy International during the fourth quarter worth approximately $68,000. Finally, Quent Capital LLC acquired a new position in Tempur Sealy International during the fourth quarter valued at approximately $82,000. Institutional investors and hedge funds own 98.34% of the company’s shares.

About Tempur Sealy International

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Tempur Sealy International, Inc., together with its subsidiaries, designs, manufactures, markets and distributes bedding products in the United States and abroad. It provides mattresses, box springs and adjustable bases and adjustable bases, as well as other products including pillows, mattress covers, sheets, cushions and various other accessories and comfort products under the brands TEMPUR, Tempur -Pedic, Sealy and Stearns & Foster. .

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Analyst Recommendations for Tempur Sealy International (NYSE: TPX)

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