For Tempur Sealy International Inc. [TPX], Analyst sees a drop to $28. What next?

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Tempur Sealy International Inc. [NYSE: TPX] stock went on an upward path that rose over 4.22% on Wednesday, amounting to a one-week price increase of more than 1.25%. The company report on July 27, 2022 that Bryte Announces a $20M Strategic Funding Round Led by Tempur Sealy.


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Companies intend to collaborate on future products, services and technology.

Bryte, Inc., the leader in restorative sleep technology, announced today a $20 million strategic investment round led by Tempur Sealy International, Inc. (NYSE: TPX), the company synonymous with innovation in the mattress industry. Additionally, the two companies intend to collaborate on future products, services, and technology. ARCHina Capital and other existing Bryte investors also participated in the funding round.

Over the last 12 months, TPX stock dropped by -34.14%. The one-year Tempur Sealy International Inc. stock forecast points to a potential upside of 20.46. The average equity rating for TPX stock is currently 2.20, trading closer to a bullish pattern in the stock market.

The market cap for the stock reached $4.44 billion, with 182.60 million shares outstanding and 170.89 million shares in the current float. Compared to the average trading volume of 2.68M shares, TPX stock reached a trading volume of 4028209 in the most recent trading day, which is why market watchdogs consider the stock to be active.

Guru’s Opinion on Tempur Sealy International Inc. [TPX]:

Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for TPX shares is $31.67 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on TPX stock is a recommendation set at 2.20. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.

Piper Sandler have made an estimate for Tempur Sealy International Inc. shares, keeping their opinion on the stock as Neutral, with their previous recommendation back on June 01, 2022. While these analysts kept the previous recommendation, Jefferies raised their target price to Hold. The new note on the price target was released on March 30, 2021, representing the official price target for Tempur Sealy International Inc. stock. On February 18, 2021, analysts increased their price target for TPX shares from 30 to 40.

The Average True Range (ATR) for Tempur Sealy International Inc. is set at 1.08, with the Price to Sales ratio for TPX stock in the period of the last 12 months amounting to 0.87. Price to Free Cash Flow for TPX in the course of the last twelve months was 8.99 with Quick ratio for the last quarter at 0.60.

TPX Stock Performance Analysis:

Tempur Sealy International Inc. [TPX] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 1.25. With this latest performance, TPX shares gained by 8.77% in over the last four-week period, additionally sinking by -36.74% over the last 6 months – not to mention a drop of -34.14% in the past year of trading.

Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for TPX stock in for the last two-week period is set at 59.15, with the RSI for the last a single of trading hit 63.40, and the three-weeks RSI is set at 55.15 for Tempur Sealy International Inc. [TPX]. The present Moving Average for the last 50 days of trading for this stock 23.64, while it was recorded at 25.02 for the last single week of trading, and 34.66 for the last 200 days.

Insight into Tempur Sealy International Inc. Fundamentals:

Operating Margin for any stock indicates how profitable investing would be, and Tempur Sealy International Inc. [TPX] shares currently have an operating margin of +17.88 and a Gross Margin at +43.45. Tempur Sealy International Inc.’s Net Margin is presently recorded at +12.68.

Return on Equity for this stock inclined to 158.40, with Return on Assets sitting at 16.38.

Tempur Sealy International Inc.’s liquidity data is similarly interesting compelling, with a Quick Ratio of 0.60 and a Current Ratio set at 1.10.

TPX Stock EPS

The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for TPX. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Tempur Sealy International Inc. go to 9.10%.

Tempur Sealy International Inc. [TPX] Insider Position Details

There are presently around $4,355 million, or 99.12% of TPX stock, in the hands of institutional investors. The top three institutional holders of TPX stocks are: FMR LLC with ownership of 20,810,472, which is approximately -16.886% of the company’s market cap and around 1.00% of the total institutional ownership; VANGUARD GROUP INC, holding 17,609,493 shares of the stock with an approximate value of $443.58 million in TPX stocks shares; and BLACKROCK INC., currently with $392.75 million in TPX stock with ownership of nearly -0.331% of the company’s market capitalization.

Positions in Tempur Sealy International Inc. stocks held by institutional investors increased at the end of July and at the time of the July reporting period, where 166 institutional holders increased their position in Tempur Sealy International Inc. [NYSE:TPX] by around 25,986,367 shares. Additionally, 243 investors decreased positions by around 32,278,854 shares, while 31 investors held positions by with 114,625,696 shares. The mentioned changes placed institutional holdings at 172,890,917 shares, according to the latest SEC report filing. TPX stock had 40 new institutional investments in for a total of 9,100,451 shares, while 103 institutional investors sold positions of 10,356,670 shares during the same period.

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