Tempur Sealy International (NYSE:TPX) Stock Rating Upgraded by StockNews.com

StockNews.com upgraded shares of Tempur Sealy International (NYSE:TPX - Free Report) from a hold rating to a buy rating in a report issued on Wednesday.

Several other equities research analysts have also commented on TPX. Truist Financial boosted their price target on shares of Tempur Sealy International from $63.00 to $69.00 and gave the company a "buy" rating in a report on Wednesday, January 29th. UBS Group boosted their price objective on shares of Tempur Sealy International from $67.00 to $78.00 and gave the stock a "buy" rating in a research note on Monday, February 3rd. KeyCorp increased their target price on Tempur Sealy International from $70.00 to $74.00 and gave the company an "overweight" rating in a research report on Friday, February 7th. Wedbush reissued an "outperform" rating and issued a $80.00 price target (up from $67.00) on shares of Tempur Sealy International in a research report on Monday, February 3rd. Finally, Piper Sandler raised their price objective on Tempur Sealy International from $65.00 to $76.00 and gave the company an "overweight" rating in a research report on Monday, February 3rd. Nine analysts have rated the stock with a buy rating and one has assigned a strong buy rating to the company's stock. According to data from MarketBeat.com, the company currently has an average rating of "Buy" and an average target price of $73.25.

Tempur Sealy International Trading Up 0.7 %

Shares of TPX traded up $0.51 during mid-day trading on Wednesday, reaching $68.95. 2,993,276 shares of the company's stock traded hands, compared to its average volume of 2,448,250. The company has a debt-to-equity ratio of 3.95, a current ratio of 1.14 and a quick ratio of 0.65. The stock's 50-day moving average is $59.21 and its two-hundred day moving average is $54.49. Tempur Sealy International has a 12 month low of $45.04 and a 12 month high of $69.55. The stock has a market cap of $11.97 billion, a P/E ratio of 31.48, a P/E/G ratio of 2.07 and a beta of 1.64.

Institutional Inflows and Outflows

Hedge funds have recently modified their holdings of the company. UMB Bank n.a. increased its holdings in Tempur Sealy International by 750.9% in the 3rd quarter. UMB Bank n.a. now owns 468 shares of the company's stock worth $26,000 after buying an additional 413 shares during the period. Vista Investment Partners LLC boosted its holdings in shares of Tempur Sealy International by 1.2% in the 3rd quarter. Vista Investment Partners LLC now owns 64,068 shares of the company's stock valued at $3,498,000 after acquiring an additional 780 shares during the last quarter. Blue Trust Inc. increased its stake in shares of Tempur Sealy International by 1,004.1% in the third quarter. Blue Trust Inc. now owns 2,429 shares of the company's stock worth $133,000 after acquiring an additional 2,209 shares during the period. International Assets Investment Management LLC raised its holdings in shares of Tempur Sealy International by 4,594.4% during the third quarter. International Assets Investment Management LLC now owns 5,023 shares of the company's stock worth $274,000 after purchasing an additional 4,916 shares during the last quarter. Finally, Argent Capital Management LLC lifted its position in Tempur Sealy International by 2.6% during the third quarter. Argent Capital Management LLC now owns 67,606 shares of the company's stock valued at $3,691,000 after purchasing an additional 1,706 shares during the period. 99.86% of the stock is owned by institutional investors and hedge funds.

Tempur Sealy International Company Profile

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.