Tempur Sealy International (TPX) : 8 analysts are covering Tempur Sealy International (TPX) and their average rating on the stock is 1.88, which is read as a Buy. 4 equity analysts believe that the stock has a bright future and the price doesnt capture all of its upside, hence they rate the stock as a Strong Buy. Tempur Sealy International (TPX) also receives 1 more Buy recommendations from analysts who believe that the stock will do well going forward. A Zacks Investment Research rank of 1, which recommends a Strong Buy affirms that they expect a large upside in the stock from the current levels. A total of 3 brokerage firms believe that the stock is fairly valued, hence they advise a Hold on the stock.
Tempur Sealy International (TPX) stock is expected to deviate a maximum of $7.98 from the average target price of $81 for the short term period. 7 Street Experts have initiated coverage on the stock with the most promising target being $95 and the most muted being $71.
For the current week, the company shares have a recommendation consensus of Buy.
Tempur Sealy International (NYSE:TPX): During Wednesdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $75.94 and $75.87 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $77.67. The buying momentum continued till the end and the stock did not give up its gains. It closed at $76.37, notching a gain of 0.17% for the day. The total traded volume was 1,272,785 . The stock had closed at $76.24 on the previous day.
Tempur Sealy International, Inc. is a bedding provider. The Company develops, manufactures, markets and distributes bedding products, which it sells globally in approximately 100 countries. The Company operates in three segments: Tempur North America, Tempur International and Sealy. The Companys brand portfolio includes TEMPUR, Tempur-Pedic, Sealy, Sealy Posturepedic, Optimum and Stearns & Foster. The Company sells its products through three distribution channels in each operating business segment: Retail, which consists of furniture and bedding retailers, department stores, specialty retailers and warehouse clubs; Direct, which consists of electronic commerce (e-commerce) platform, Company-owned stores and call center, and Other, which includes third party distributors, hospitality and healthcare customers.