As of Wednesday close, Tempur Sealy International Inc.’s (NYSE:TPX) stock was down -$0.86, moving down -1.91 percent to $44.21. The average number of shares traded per day over the past five days has been 1,535,980 shares. 1 time new highs have been achieved over the past 5 days, with a -$1.75 fall in that time frame. In the last twenty days, the average volume was 2,040,350, while in the previous 50 days, it was 1,803,580.
Since last month, TPX stock retreated -2.43%. Shares of the company fell to $42.89 on 08/02/23, the lowest level in the past month. A 52-week high of $47.17 was reached on 07/27/23 after having rallying from a 52-week low of $23.62. Since the beginning of this year, TPX’s stock price has risen by 28.78% or $9.88, and marked a new high 21 times. However, the stock has declined by -6.28% since its 52-week high.
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TPX stock investors should be aware that Tempur Sealy International Inc. (TPX) stock had its last reported insider trading activity 7 days ago on Aug 10. MONTGOMERY DAVID, the EVP Global Business Strategy of the company, disposed of 100,000 shares for $45.61 on Aug 10. It resulted in a $4,561,452 divestment by the insider. BUSTER H CLIFFORD III sold 75,200 shares at an average price of $35.82 on May 31. The insider now owns 145,229 shares following the transaction. On Jan 31, EVP & Chief Financial Officer Rao Bhaskar sold 18,682 shares at $40.01 apiece. The transaction was valued at $747,405.
Valuation Metrics
Right now, Tempur Sealy International Inc. (TPX) has a P/E ratio of about 18.95. The stock’s beta is 1.69. Besides these, the trailing price-to-sales (P/S) ratio of 1.55, the price-to-book (PB) ratio of 55.26, and the price-to-cash flow ratio of 28.05 may also be considered.
The latest dividend of $0.11 per share was paid out, remained unchanged from last year’s $0.11. On Thursday February 9 2023, a $0.01 dividend increase was announced.
Financial Health
In the three months ended June 29, 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. According to company report, the long-term debt-to-equity ratio for the quarter ending June 29 was 19.61, and the total debt-to-equity ratio was 20.14. On the profitability front, the trailing twelve-month gross margin is 41.90% percent. In the year ended June 29, EBITDA margin amounted to 15.98%, whereas operating margins totaled 13.10%. Based on annual data, TPX earned $2.05 billion in gross profit and brought in $4.92 billion in revenue.
In Tempur Sealy International Inc.’s quarter-end financial report for June 29, it reported total debt of $2.71 billion. According to the earnings report, the company had a higher net income in the recent quarter than it did in the previous quarter. TPX’s revenue rose 4.59% to $1.21 billion during the quarter, while net income inched up to $1.27 billion. While analysts expected Tempur Sealy International Inc. to report $0.56 quarterly earnings, the actual figure was $0.58 per share, beating the consensus estimate by 3.60%. During the quarter, the company generated $205.7 million in EBITDA. The liabilities of Tempur Sealy International Inc. were 4.43 billion at the end of its most recent quarter ended June 29, and its total debt was $3.4 billion. The value of shareholders’ equity is $172.16 million.
Technical Picture
This quick technical analysis looks at Tempur Sealy International Inc.’s (TPX) price momentum. With a historical volatility rate of 12.05%, the RSI 9-day stood at 39.90% on 16 August.
With respect to its five-day moving average, the current Tempur Sealy International Inc. price is down by -3.81% percent or -$1.75. At present, TPX shares trade -4.25% below its 20-day simple moving average and +17.24% percent above its 100-day simple moving average. However, the stock is currently trading approximately +24.68% above its SMA50 and +65.15% above its SMA200.
Stochastic coefficient K was 47.01% and Stochastic coefficient D was 52.87%, while ATR was 1.14. Given the Stochastic reading of 34.97% for the 14-day period, the RSI (14) reading has been calculated as 48.53%. As of today, the MACD Oscillator reading stands at -0.51, while the 14-day reading stands at -0.32.
Analyst Ratings
Tempur Sealy International Inc. (TPX) has been rated Overweight by analysts. According to 0 brokerage firms, TPX is a sell, and 5 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 6 recommending it as overweight.
With a median target price of $54.50, the current consensus forecast for the stock is $45.00 – $58.00. Based on these forecasts, analysts predict Tempur Sealy International Inc. (TPX) will achieve an average price target of $52.13.
