Tempur Sealy International (NYSE:TPX) has received a short term rating of hold from experts at Zacks with a rank of 3. The stock has been rated an average of 1.88 by 8 Brokerage Firm. 4 Wall Street Firms have rated the stock as a strong buys. 1 stock experts have also suggested a buy rating. 3 Brokerage Firms have advised hold.
Other Equity analysts have also commented on the company shares. Topeka Capital initiates coverage on Tempur Sealy International (NYSE:TPX). In the latest research report, Topeka Capital announces the target price to $61 per share. According to the latest information available, the shares are now rated Hold by the analysts at the agency. The rating by the firm was issued on May 24, 2016.
Tempur Sealy International (NYSE:TPX) shares are expected to touch $71.29 in the short term. This short term price target has been shared by 7 analysts. However, the standard deviation of short term price estimate has been valued at 11.51. The target price could hit $92 on the higher end and $58 on the lower end.
Tempur Sealy International (NYSE:TPX) witnessed a decline in the market cap on Tuesday as its shares dropped 0.13% or 0.08 points. After the session commenced at $60.45, the stock reached the higher end at $60.66 while it hit a low of $58.92. With the volume soaring to 1,448,376 shares, the last trade was called at $59.25. The company has a 52-week high of $82.61. The company has a market cap of $3,610 million and there are 60,921,499 shares in outstanding. The 52-week low of the share price is $50.8.
Shares of Tempur Sealy International Inc. rose by 2.38% in the last five trading days and 1.47% for the last 4 weeks. Tempur Sealy International Inc. has dropped 0.37% during the last 3-month period . Year-to-Date the stock performance stands at -15.91%.
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.