Short Term Rating on Tempur Sealy International (TPX)

Tempur Sealy International (TPX) : 4 brokerage houses believe that Tempur Sealy International (TPX) is a Strong Buy at current levels. 1 Analyst considers the fundamentals to be worthy of a Buy recommendation. 3 analysts believe that the current prices are in a balance with the stocks fundamentals, hence they propose Hold on Tempur Sealy International (TPX). Zacks Investment Research suggests a Buy with a rank of 2.The median of all the 8 Wall Street Analysts endorse the stock as a Buy with a rating of 1.88.

Tempur Sealy International (TPX) : Currently there are 7 street experts covering Tempur Sealy International (TPX) stock. The most bullish and bearish price target for the stock is $92 and $58 respectively for the short term. The average price target of all the analysts comes to $71.29. The estimated standard deviation from the target is $11.51.

For the current week, the company shares have a recommendation consensus of Buy.


Tempur Sealy International (NYSE:TPX): During Tuesdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $57.38 and $56.85 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $59.44. The buying momentum continued till the end and the stock did not give up its gains. It closed at $58.88, notching a gain of 3.41% for the day. The total traded volume was 1,475,691 . The stock had closed at $56.94 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.

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