Tempur Sealy International Inc. [NYSE: TPX] gained 0.47% on the last trading session, reaching $28.00 price per share at the time. The company report on September 12, 2022 that Tempur Sealy to Present at Financial Conference.
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Tempur Sealy International, Inc. (NYSE: TPX, “Company” or “Tempur Sealy”) announced today that it will participate in a fireside chat at the Piper Sandler Growth Frontiers Conference on September 14, 2022.
Date: September 14, 2022Time: 10:00 a.m. ET / 9:00 a.m. CTPresenter: Scott Thompson, Chairman, President and CEO.
Tempur Sealy International Inc. represents 174.10 million in outstanding shares, while the company has a total market value of $4.76 billion with the latest information. TPX stock price has been found in the range of $27.75 to $29.12.
If compared to the average trading volume of 2.19M shares, TPX reached a trading volume of 2615560 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Here is what top equities market gurus are saying about 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 $30.60 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.
Goldman have made an estimate for Tempur Sealy International Inc. shares, keeping their opinion on the stock as Buy, with their previous recommendation back on August 11, 2022. While these analysts kept the previous recommendation, Piper Sandler dropped their target price from $36 to $28. The new note on the price target was released on June 01, 2022, representing the official price target for Tempur Sealy International Inc. stock. Previously, the target price had yet another raise to $38, while Jefferies analysts kept a Hold rating on TPX stock.
The Average True Range (ATR) for Tempur Sealy International Inc. is set at 1.13, with the Price to Sales ratio for TPX stock in the period of the last 12 months amounting to 0.92. Price to Free Cash Flow for TPX in the course of the last twelve months was 23.29 with Quick ratio for the last quarter at 0.60.
Trading performance analysis for TPX stock
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 3.51. With this latest performance, TPX shares dropped by -5.82% in over the last four-week period, additionally sinking by -14.32% over the last 6 months – not to mention a drop of -41.42% 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 57.51, with the RSI for the last a single of trading hit 60.38, and the three-weeks RSI is set at 56.08 for Tempur Sealy International Inc. [TPX]. The present Moving Average for the last 50 days of trading for this stock 26.21, while it was recorded at 27.93 for the last single week of trading, and 31.55 for the last 200 days.
Tempur Sealy International Inc. [TPX]: A deeper dive into fundamental analysis
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 1.20.
Tempur Sealy International Inc. [TPX]: An earnings per share (EPS) analysis
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 6.10%.
An analysis of insider ownership at Tempur Sealy International Inc. [TPX]
There are presently around $4,833 million, in the hands of institutional investors. The top three institutional holders of TPX stocks are: FMR LLC with ownership of 23,770,474, which is approximately 14.224% of the company’s market cap and around 0.90% of the total institutional ownership; VANGUARD GROUP INC, holding 16,009,285 shares of the stock with an approximate value of $448.26 million in TPX stocks shares; and BLACKROCK INC., currently with $396.94 million in TPX stock with ownership of nearly -9.077% 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 143 institutional holders increased their position in Tempur Sealy International Inc. [NYSE:TPX] by around 22,591,695 shares. Additionally, 199 investors decreased positions by around 22,445,185 shares, while 39 investors held positions by with 127,586,536 shares. The mentioned changes placed institutional holdings at 172,623,416 shares, according to the latest SEC report filing. TPX stock had 41 new institutional investments in for a total of 1,254,983 shares, while 64 institutional investors sold positions of 3,095,213 shares during the same period.