As of Friday close, Tempur Sealy International Inc.’s (NYSE:TPX) stock was down -$1.79, moving down -4.73 percent to $36.05. The average number of shares traded per day over the past five days has been 2,897,340 shares. 2 times new highs have been achieved over the past 5 days, with a -$3.22 fall in that time frame. In the last twenty days, the average volume was 1,862,805, while in the previous 50 days, it was 2,031,994.
Since last month, TPX stock retreated -15.34%. Shares of the company fell to $35.96 on 03/17/23, the lowest level in the past month. A 52-week high of $44.28 was reached on 02/02/23 after having rallying from a 52-week low of $20.03. Since the beginning of this year, TPX’s stock price has risen by 5.01% or $1.72, and marked a new high 12 times. However, the stock has declined by -18.59% since its 52-week high.
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Sponsored
TPX stock investors should be aware that Tempur Sealy International Inc. (TPX) stock had its last reported insider trading activity 46 days ago on Jan 31. Rao Bhaskar, the EVP & Chief Financial Officer of the company, disposed of 18,682 shares for $40.01 on Jan 31. It resulted in a $747,405 divestment by the insider. Rao Bhaskar sold 13,811 shares at an average price of $40.07 on Jan 30. The insider now owns 316,670 shares following the transaction. On Jan 27, EVP & Chief Financial Officer Rao Bhaskar sold 17,507 shares at $40.00 apiece. The transaction was valued at $700,308.
Valuation Metrics
Right now, Tempur Sealy International Inc. (TPX) has a P/E ratio of about 14.26. The stock’s beta is 1.73.
The latest dividend of $0.11 per share was paid out, which is 10.0% more than last year’s $0.10. On Thursday February 9 2023, a $0.01 dividend increase was announced.
Financial Health
In the three months ended December 30, Tempur Sealy International Inc.’s quick ratio stood at 0.70, while its current ratio was 1.20, showing that the company is not able to pay off its debt. On the profitability front, the trailing twelve-month gross margin is 41.60% percent. In the year ended December 30, operating margins totaled 13.80%. Based on annual data, TPX earned $2.05 billion in gross profit and brought in $4.92 billion in revenue.
A company’s management is another factor that investors consider when determining the profitability of an investment. In the past year, return on investment (ROI) was 20.10%. Return on equity (ROE) for the past 12 months was -391.70%.
In Tempur Sealy International Inc.’s quarter-end financial report for December 30, it reported total debt of $2.74 billion. According to the earnings report, the company had a lower net income in the recent quarter than it did in the previous quarter. TPX’s revenue fell -14.5% to $1.28 billion during the quarter, while net income inched up to $1.19 billion. While analysts expected Tempur Sealy International Inc. to report $0.52 quarterly earnings, the actual figure was $0.54 per share, beating the consensus estimate by 3.80%. During the quarter, the company generated $195.9 million in EBITDA. The liabilities of Tempur Sealy International Inc. were 4.38 billion at the end of its most recent quarter ended December 30, and its total debt was $3.37 billion. The value of shareholders’ equity is $172.1 million.
Technical Picture
This quick technical analysis looks at Tempur Sealy International Inc.’s (TPX) price momentum. With a historical volatility rate of 24.29%, the RSI 9-day stood at 15.93% on 17 March.
With respect to its five-day moving average, the current Tempur Sealy International Inc. price is down by -8.20% percent or -$3.22. At present, TPX shares trade -15.16% below its 20-day simple moving average and +34.01% percent above its 100-day simple moving average. However, the stock is currently trading approximately +3.21% above its SMA50 and +36.71% above its SMA200.
Stochastic coefficient K was 11.63% and Stochastic coefficient D was 14.89%, while ATR was 1.34. Given the Stochastic reading of 1.21% for the 14-day period, the RSI (14) reading has been calculated as 26.32%. As of today, the MACD Oscillator reading stands at -1.87, while the 14-day reading stands at -3.15.
Analyst Ratings
Tempur Sealy International Inc. (TPX) has been rated Overweight by analysts. According to 0 brokerage firms, TPX is a sell, and 6 firms recommend it is a Hold. There are 0 analysts who say the stock is underweight. A total of 0 analysts rate Tempur Sealy International Inc. stock as buy, with 7 recommending it as overweight.
With a median target price of $48.50, the current consensus forecast for the stock is $34.00 – $52.00. Based on these forecasts, analysts predict Tempur Sealy International Inc. (TPX) will achieve an average price target of $45.60.