Tempur Sealy International (TPX) Scheduled to Post Earnings on Thursday

Tempur Sealy International (NYSE:TPX) will announce its earnings results before the market opens on Thursday, November 1st. Analysts expect the company to announce earnings of $1.19 per share for the quarter.

NYSE:TPX opened at $43.89 on Tuesday. The stock has a market capitalization of $2.48 billion, a P/E ratio of 13.72, a price-to-earnings-growth ratio of 0.72 and a beta of 1.56. The company has a current ratio of 1.18, a quick ratio of 0.79 and a debt-to-equity ratio of 10.80. Tempur Sealy International has a twelve month low of $41.10 and a twelve month high of $66.87.

Several analysts recently weighed in on TPX shares. ValuEngine lowered Tempur Sealy International from a “hold” rating to a “sell” rating in a research note on Friday, September 7th. UBS Group raised Tempur Sealy International from a “sell” rating to a “neutral” rating and raised their price objective for the company from $45.00 to $55.00 in a research note on Wednesday, October 3rd. Wedbush set a $65.00 price objective on Tempur Sealy International and gave the company a “buy” rating in a research note on Wednesday, October 3rd. Bank of America reduced their price objective on Tempur Sealy International from $85.00 to $75.00 and set a “buy” rating on the stock in a research note on Friday, July 27th. Finally, Zacks Investment Research raised Tempur Sealy International from a “strong sell” rating to a “hold” rating in a research note on Tuesday, July 31st. Three investment analysts have rated the stock with a sell rating, three have issued a hold rating and five have assigned a buy rating to the company’s stock. The stock has an average rating of “Hold” and a consensus target price of $58.13.

Tempur Sealy International Company Profile

Tempur Sealy International, Inc, together with its subsidiaries, develops, manufactures, markets, and distributes bedding products. The company operates through two segments, North America and International. It provides mattresses, foundations, and adjustable bases, as well as other products comprising pillows and other accessories under the TEMPUR, Tempur-Pedic, Sealy, and Stearns & Foster brands.

See Also: Liquidity

Earnings History for Tempur Sealy International (NYSE:TPX)

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