Tempur Sealy International (TPX) Projected to Post Earnings on Thursday

Tempur Sealy International (NYSE:TPX - Get Free Report) is expected to be announcing its earnings results before the market opens on Thursday, February 20th. Analysts expect the company to announce earnings of $0.57 per share and revenue of $1.18 billion for the quarter. Investors that wish to register for the company's conference call can do so using this link.

Tempur Sealy International Stock Up 0.7 %

Shares of NYSE:TPX traded up $0.51 during trading on Friday, reaching $68.95. The stock had a trading volume of 2,993,276 shares, compared to its average volume of 2,448,250. 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 $11.97 billion, a P/E ratio of 31.48, a PEG ratio of 2.07 and a beta of 1.64. 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 firm's 50-day simple moving average is $59.21 and its 200 day simple moving average is $54.51.

Wall Street Analyst Weigh In

Several equities analysts recently commented on the stock. UBS Group increased their price objective on shares of Tempur Sealy International from $67.00 to $78.00 and gave the company a "buy" rating in a research report on Monday, February 3rd. Piper Sandler increased their price objective on shares of Tempur Sealy International from $65.00 to $76.00 and gave the company an "overweight" rating in a research report on Monday, February 3rd. Bank of America increased their price objective 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. StockNews.com raised shares of Tempur Sealy International from a "hold" rating to a "buy" rating in a research report on Wednesday. Finally, 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. Nine analysts have rated the stock with a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of "Buy" and an average target price of $73.25.

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.