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

StockNews.com cut shares of Tempur Sealy International (NYSE:TPX) from a buy rating to a hold rating in a report released on Thursday morning.

A number of other research firms have also recently commented on TPX. KeyCorp increased their target price on shares of Tempur Sealy International from $70.00 to $74.00 and gave the company an “overweight” rating in a research report on Friday, February 7th. Raymond James decreased their target price on shares of Tempur Sealy International from $57.00 to $55.00 and set a “strong-buy” rating for the company in a research report on Friday, November 1st. Bank of America increased their target price on shares of Tempur Sealy International from $73.00 to $79.00 and gave the company a “buy” rating in a research report on Tuesday, February 11th. William Blair raised shares of Tempur Sealy International from a “market perform” rating to an “outperform” rating in a research report on Wednesday, February 5th. Finally, Truist Financial increased their target price on shares of Tempur Sealy International from $63.00 to $69.00 and gave the company a “buy” rating in a research report on Wednesday, January 29th. One equities research analyst has rated the stock with a hold rating, eight have issued a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of “Buy” and an average target price of $72.75.

Tempur Sealy International Stock Performance

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

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently made changes to their positions in the stock. Brooklyn Investment Group purchased a new position in shares of Tempur Sealy International in the third quarter worth $27,000. Private Trust Co. NA raised its holdings in shares of Tempur Sealy International by 49.2% in the fourth quarter. Private Trust Co. NA now owns 552 shares of the company’s stock worth $31,000 after buying an additional 182 shares during the last quarter. Jones Financial Companies Lllp increased its stake in shares of Tempur Sealy International by 92.7% in the fourth quarter. Jones Financial Companies Lllp now owns 607 shares of the company’s stock worth $34,000 after acquiring an additional 292 shares during the period. Versant Capital Management Inc increased its stake in shares of Tempur Sealy International by 365.2% in the fourth quarter. Versant Capital Management Inc now owns 614 shares of the company’s stock worth $35,000 after acquiring an additional 482 shares during the period. Finally, UMB Bank n.a. increased its stake in shares of Tempur Sealy International by 72.0% in the fourth quarter. UMB Bank n.a. now owns 805 shares of the company’s stock worth $46,000 after acquiring an additional 337 shares during the period. Hedge funds and other institutional investors own 99.86% of the company’s stock.

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.