Tempur Sealy International Inc (NYSE:TPX) – Equities research analysts at KeyCorp issued their Q1 2019 earnings per share (EPS) estimates for shares of Tempur Sealy International in a report issued on Thursday, February 14th. KeyCorp analyst B. Thomas forecasts that the company will earn $0.42 per share for the quarter. KeyCorp also issued estimates for Tempur Sealy International’s Q2 2019 earnings at $0.72 EPS, Q3 2019 earnings at $1.11 EPS, Q4 2019 earnings at $1.20 EPS and FY2019 earnings at $3.45 EPS.
Get Tempur Sealy International alerts:Tempur Sealy International (NYSE:TPX) last posted its quarterly earnings data on Thursday, February 14th. The company reported $0.90 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $0.97 by ($0.07). Tempur Sealy International had a return on equity of 97.08% and a net margin of 5.12%. The business had revenue of $676.10 million during the quarter, compared to the consensus estimate of $659.74 million. During the same period last year, the business posted $0.87 earnings per share. The business’s revenue was up 7.1% on a year-over-year basis.
Several other research analysts have also weighed in on the company. Barclays initiated coverage on Tempur Sealy International in a research report on Monday, January 28th. They issued an “overweight” rating and a $70.00 price objective for the company. ValuEngine downgraded Tempur Sealy International from a “hold” rating to a “sell” rating in a research note on Wednesday, January 2nd. Guggenheim upgraded Tempur Sealy International from a “neutral” rating to a “buy” rating in a research note on Monday, January 7th. Loop Capital restated a “sell” rating on shares of Tempur Sealy International in a research note on Thursday, November 1st. Finally, Zacks Investment Research downgraded Tempur Sealy International from a “hold” rating to a “sell” rating in a research note on Thursday, January 10th. Two investment analysts have rated the stock with a sell rating, four have given a hold rating and five have given a buy rating to the stock. The stock currently has an average rating of “Hold” and a consensus target price of $59.11.
TPX stock opened at $56.99 on Monday. Tempur Sealy International has a 1-year low of $38.90 and a 1-year high of $59.51. The company has a debt-to-equity ratio of 7.71, a current ratio of 1.20 and a quick ratio of 0.90. The stock has a market capitalization of $3.11 billion, a PE ratio of 17.81, a price-to-earnings-growth ratio of 0.78 and a beta of 1.83.
Institutional investors and hedge funds have recently modified their holdings of the company. Enlightenment Research LLC acquired a new stake in shares of Tempur Sealy International in the 4th quarter valued at about $50,000. Captrust Financial Advisors boosted its stake in Tempur Sealy International by 15.0% during the 4th quarter. Captrust Financial Advisors now owns 1,506 shares of the company’s stock valued at $62,000 after purchasing an additional 196 shares during the last quarter. PNC Financial Services Group Inc. boosted its stake in Tempur Sealy International by 14.6% during the 4th quarter. PNC Financial Services Group Inc. now owns 1,949 shares of the company’s stock valued at $80,000 after purchasing an additional 248 shares during the last quarter. Zurcher Kantonalbank Zurich Cantonalbank boosted its stake in Tempur Sealy International by 16.2% during the 4th quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 3,382 shares of the company’s stock valued at $140,000 after purchasing an additional 471 shares during the last quarter. Finally, Sheaff Brock Investment Advisors LLC acquired a new position in Tempur Sealy International during the 3rd quarter valued at about $206,000.
About Tempur Sealy International
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.
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