Latest
Recommended
Published: Wed, February 01, 2017
Economy | By Melissa Porter

Stock Seeing Amplified Volume in Session: Tempur Sealy International, Inc. (NYSE:TPX)


(NYSE:LYV) traded 764144 shares and was closed at $28.22 per share. The firm attains analyst recommendation of 2.40 on scale of 1-5 with week's performance of -29.09%. The company reported its last quarter on Sep 16.

US based company, Tempur Sealy International, Inc.'s (TPX)'s latest closing price distance was -28.67% from the average-price of 200 days while it maintained a distance from the 50 Day Moving Average at -30.47% and -31.28% compared with the 20 Day Moving Average. At present, 5 analysts recommended Holding these shares while 0 recommended sell, according to FactSet data. This showed the surprise of 9.1% in the last quarter earnings.

Tempur Sealy said its brands would no longer be sold at Mattress Firm stores because of a contract dispute, sending its stock tumbling to the lowest closing price in more than three years. The median estimate represents a +53.88% increase from the last price of 45.49.

Finally, Wedbush reissued a neutral rating and issued a $55.00 price target on shares of Tempur Sealy International in a research report on Friday, October 28th. According to their predictions High & Low revenue estimates are 759.6 Million and 727.27 Million respectively.

Several insiders were part of recent insider activity for the stock. The Stock now has the market capitalization of $2.63 Billion, P/E (price to earnings ttm) of 21.4 and Weekly volatility of 4.68% and monthly volatility of 3.00% respectively.

Cheniere Energy, Inc. (NYSE:LNG) shares moved to $47.45 after starting the day at $49.01 on Monday.

EPS growth in next year is estimated to reach 17.24% while EPS growth estimate for this year is set at -33.00%. Tempur Sealy International had a net margin of 4.08% and a return on equity of 112.05%. The stock is showing its Operating Margin of 11.3 percent. The firm's 50 day moving average price is $66.05 and its 200 day moving average price is $65.33. The company's shares tumbled as much as 32 percent to below the $43 mark in intra-day trading. In the last six months the stock's performance fell -39.85% while yearly performance of the company fell -24.61%.

"Tempur Sealy is the premium bedding leader, with the most recognized brands in the mattress sector and industry-leading product innovation", Thompson said. Zacks Investment Research raised shares of Tempur Sealy International from a sell rating to a hold rating and set a $71.00 price target for the company in a research report on Wednesday, November 30th. Other firms include Piper Jaffray giving Neutral rating on 30-Jan-17. Its EVP & President North America ANDERSON RICHARD W sold 75,000 company shares for $5799000, in a transaction on 2016-09-22.

Like this: