Tempur Sealy International, Inc (NYSE:TPX).
On May 24 analysts at Topeka Capital began coverage by announcing an initial rating of “Hold” and projecting a price target of $61.00. On April 29, 2016 the stock rating was rated “Strong Buy” in a report from Raymond James a boost from the previous “Market Perform” rating.
On April 22 the company was downgraded to “Neutral” from “Outperform” in a report issued by Wedbush. Equity analyst Longbow Research added the stock to its research portfolio with an initial rating of “Buy”.
On February 5 Stifel Nicolaus held the company rating at “Buy” and moved down the price target to $67.00 from $80.00.
The company is so far trading down since yesterday’s close of $74.5. The stock is trading at $74.45 a tad under $78.00, the 50 day moving average and just above the 200 day moving average of $64.86. The 50 day moving average went down by -4.55% and the 200 day average was up $9.59.
Tempur Sealy International, Inc’s P/E ratio is 51.85 and market cap is 4.35B. As of the last earnings report the EPS was $1.44 and is expected to be $4.18 for the current year with 58,413,000 shares outstanding. Next quarter’s EPS is expected be $1.22 with next year’s EPS anticipated to be $5.02.