TheStreet cut shares of Tempur Sealy International, Inc. (NYSE:TPX) from a b- rating to a c+ rating in a research note issued to investors on Tuesday.

A number of other research analysts have also weighed in on TPX. Raymond James Financial, Inc. raised shares of Tempur Sealy International from a market perform rating to an outperform rating in a research report on Friday. Wedbush reaffirmed a neutral rating and set a $55.00 price objective on shares of Tempur Sealy International in a research report on Friday, October 28th. Zacks Investment Research lowered shares of Tempur Sealy International from a buy rating to a hold rating in a research report on Thursday, December 29th. SunTrust Banks, Inc. lowered shares of Tempur Sealy International from a hold rating to a sell rating and set a $33.00 price objective for the company. in a research report on Monday, January 30th. Finally, Instinet lowered shares of Tempur Sealy International from a buy rating to a neutral rating and cut their price objective for the company from $85.00 to $50.00 in a research report on Monday, January 30th. Three research analysts have rated the stock with a sell rating, seven have issued a hold rating and three have given a buy rating to the company’s stock. The company currently has an average rating of Hold and an average price target of $67.58.

Analyst Recommendations for Tempur Sealy International (NYSE:TPX)

Shares of Tempur Sealy International (NYSE:TPX) traded up 0.96% during trading on Tuesday, reaching $48.40. The company’s stock had a trading volume of 1,285,803 shares. The stock has a market capitalization of $2.80 billion, a price-to-earnings ratio of 23.39 and a beta of 1.69. The company’s 50-day moving average price is $57.39 and its 200 day moving average price is $64.30. Tempur Sealy International has a 1-year low of $41.11 and a 1-year high of $82.32.

Tempur Sealy International (NYSE:TPX) last released its earnings results on Thursday, February 16th. The company reported $1.18 earnings per share for the quarter, topping the Zacks’ consensus estimate of $1.13 by $0.05. The firm earned $769.50 million during the quarter, compared to analyst estimates of $741.87 million. Tempur Sealy International had a net margin of 4.08% and a return on equity of 112.05%. The business’s revenue was up .3% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.99 EPS. Analysts anticipate that Tempur Sealy International will post $3.01 EPS for the current year.

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A number of hedge funds have recently bought and sold shares of TPX. The Manufacturers Life Insurance Company acquired a new stake in Tempur Sealy International during the third quarter worth $344,667,000. Chieftain Capital Management Inc. boosted its stake in Tempur Sealy International by 0.4% in the fourth quarter. Chieftain Capital Management Inc. now owns 3,364,827 shares of the company’s stock worth $229,750,000 after buying an additional 11,944 shares during the last quarter. State Street Corp boosted its stake in Tempur Sealy International by 4.1% in the fourth quarter. State Street Corp now owns 3,136,303 shares of the company’s stock worth $214,143,000 after buying an additional 122,446 shares during the last quarter. Dynamo Internacional Gestao DE Recursos LTDA. boosted its stake in Tempur Sealy International by 9.8% in the second quarter. Dynamo Internacional Gestao DE Recursos LTDA. now owns 2,491,956 shares of the company’s stock worth $137,855,000 after buying an additional 223,405 shares during the last quarter. Finally, TimesSquare Capital Management LLC boosted its stake in Tempur Sealy International by 3.4% in the second quarter. TimesSquare Capital Management LLC now owns 1,718,750 shares of the company’s stock worth $95,081,000 after buying an additional 57,300 shares during the last quarter.

About Tempur Sealy International

Tempur Sealy International, Inc is a bedding provider. The Company develops, manufactures, markets and distributes bedding products. It operates in two segments: North America, which consists of Tempur and Sealy manufacturing and distribution subsidiaries, joint ventures and licensees located in the United States and Canada, and International, which consists of Tempur and Sealy manufacturing and distribution subsidiaries, joint ventures and licensees located in Europe, Asia-Pacific and Latin America.

5 Day Chart for NYSE:TPX

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