Somewhat Positive Media Coverage Somewhat Unlikely to Impact Tempur Sealy International (TPX) Stock Price

Media headlines about Tempur Sealy International (NYSE:TPX) have trended somewhat positive on Tuesday, Accern reports. Accern ranks the sentiment of news coverage by monitoring more than 20 million news and blog sources in real time. Accern ranks coverage of companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Tempur Sealy International earned a media sentiment score of 0.15 on Accern’s scale. Accern also gave news coverage about the company an impact score of 46.0358614958297 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the company’s share price in the near future.

These are some of the media stories that may have effected Accern Sentiment Analysis’s scoring:

A number of brokerages have recently weighed in on TPX. Zacks Investment Research upgraded Tempur Sealy International from a “hold” rating to a “buy” rating and set a $65.00 price objective on the stock in a research report on Wednesday, August 2nd. SunTrust Banks, Inc. restated a “hold” rating and issued a $60.00 price target on shares of Tempur Sealy International in a research note on Monday, October 2nd. ValuEngine upgraded Tempur Sealy International from a “hold” rating to a “buy” rating in a research note on Saturday, September 30th. Piper Jaffray Companies upgraded Tempur Sealy International from a “neutral” rating to an “overweight” rating and boosted their price target for the stock from $61.00 to $80.00 in a research note on Monday, August 14th. Finally, Stifel Nicolaus upgraded Tempur Sealy International from a “hold” rating to a “buy” rating and upped their price objective for the company from $60.00 to $80.00 in a research report on Tuesday, August 22nd. Two analysts have rated the stock with a sell rating, nine have issued a hold rating, three have issued a buy rating and two have assigned a strong buy rating to the company. The company currently has a consensus rating of “Hold” and a consensus price target of $61.33.

Shares of Tempur Sealy International (NYSE TPX) traded down $0.02 during trading on Tuesday, reaching $57.08. The company had a trading volume of 501,190 shares, compared to its average volume of 1,365,578. Tempur Sealy International has a 52 week low of $39.57 and a 52 week high of $70.45. The company has a market capitalization of $3,060.00, a price-to-earnings ratio of 15.80, a PEG ratio of 1.16 and a beta of 1.60. The company has a debt-to-equity ratio of 20.03, a quick ratio of 0.77 and a current ratio of 1.08.

Tempur Sealy International (NYSE:TPX) last announced its quarterly earnings results on Thursday, November 2nd. The company reported $1.00 EPS for the quarter, beating analysts’ consensus estimates of $0.97 by $0.03. Tempur Sealy International had a return on equity of 1,042.63% and a net margin of 5.79%. The company had revenue of $724.80 million during the quarter, compared to analyst estimates of $756.10 million. During the same period in the prior year, the company earned $1.32 earnings per share. The firm’s revenue was down 12.9% on a year-over-year basis. sell-side analysts predict that Tempur Sealy International will post 3.25 earnings per share for the current year.

In related news, CEO Scott L. Thompson acquired 19,565 shares of the firm’s stock in a transaction on Tuesday, November 7th. The shares were acquired at an average cost of $51.19 per share, for a total transaction of $1,001,532.35. Following the completion of the transaction, the chief executive officer now directly owns 245,019 shares in the company, valued at approximately $12,542,522.61. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, EVP H Clifford Buster III acquired 18,800 shares of the firm’s stock in a transaction on Thursday, November 9th. The shares were bought at an average price of $53.03 per share, for a total transaction of $996,964.00. Following the completion of the transaction, the executive vice president now owns 18,800 shares of the company’s stock, valued at $996,964. The disclosure for this purchase can be found here. Corporate insiders own 2.10% of the company’s stock.

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Tempur Sealy International Company Profile

Tempur Sealy International, Inc is a bedding manufacturer. The Company develops, manufactures, markets and distributes bedding products. The Company operates in two segments: North America and International. The North America segment consists of Tempur and Sealy manufacturing and distribution subsidiaries, joint ventures and licensees located in the United States and Canada.

Insider Buying and Selling by Quarter for Tempur Sealy International (NYSE:TPX)

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