The stock of Tempur Sealy International Inc. (NYSE:TPX) increased by $0.17 on Tuesday to finish at $44.79, up 0.38 percent. The last five days have seen an average of 1,985,720 shares of common stock traded. 22 times new highs were reached in the current year, with a gain of $10.46. The average number of shares traded over the last 20 days was 1,513,755, while the average volume over the last 50 days totaled 1,726,998.
TPX stock appreciated 4.50% since last month. On 08/22/23, the company’s shares reached a one-month low of $42.01. The stock touched a high of $47.70 on 09/01/23, after rallying from a low of $23.62 in 52 weeks. The price of TPX stock has risen by 30.47% or $10.46 this year, reaching a new high 22 times. Still, the stock price is down -6.10% from the 52-week high.
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Insider Transactions
TPX stock investors should be aware that Tempur Sealy International Inc. (TPX) stock had its last reported insider trading activity 26 days ago on Aug 25. On Aug 25, Director Dilsaver Evelyn S sold 5,304 shares at $43.75 each. This transaction resulted in the insider making $232,074. On Aug 21, Wijnand Hansbart sold 28,834 shares at a price of US$42.51. After the transaction, the insider now owns 15,714 shares. EVP Global Business Strategy MONTGOMERY DAVID had earlier sold 100,000 shares on Aug 10 for $45.61 a share. The transaction was completed for $4,561,452.
Valuation Metrics
Tempur Sealy International Inc. (TPX) has a trailing price-to-earnings (P/E) ratio of 19.20. Beta for the stock is 1.70. There are also a few other valuation ratios worth considering, including the trailing price-to-sales (P/S) ratio of 1.60, the price-to-book (PB) ratio of 55.99, and the price-to-cash flow ratio of 28.97.
Company paid $0.11 per share in dividends, remained unchanged from $0.11 last year. A $0.01 dividend increase was reported on Thursday February 9 2023.
Financial Health
For the three months ended June 29, Tempur Sealy International Inc.’s quick ratio was 0.70, while its current ratio was 1.20, indicating its inability to pay off its debt. The company’s long-term debt to equity ratio for the quarter ending June 29 is 19.61, and the total debt to equity ratio is 20.14. As far as profitability goes, gross margin for the trailing twelve months is 41.90% percent. Tempur Sealy International Inc.’s EBITDA margin for the year ended June 29 was 15.98%, whereas its operating margin stood at 13.10% for the same period. Based on annual data, it had gross profit of $2.05 billion and revenue of $4.92 billion.
Investors will also look at the performance of the company’s management in order to determine the potential profitability of their investment. TPX’s return on assets (ROA) during the last 12 months has been 9.30%. There was a 20.10% return on investment (ROI) in the past year.
Earnings Surprise
According to Tempur Sealy International Inc.’s quarterly financial report for the quarter that ended June 29. A higher net income was reported in the quarter under review than the previous quarter. Net income for the quarter came in at $1.27 billion, while revenues rose by 4.59% to $1.21 billion. It was predicted that Tempur Sealy International Inc.’s quarterly earnings would be $0.58, but it ended up being $0.56, beating the consensus by 3.60%. EBITDA was $205.7 million for the quarter. At the end of Tempur Sealy International Inc.’s most recent quarter ended June 29, its liabilities totaled 4.43 billion, while its total debt was $3.4 billion. Equity owned by shareholders amounts to $172.16 million.
Technical Picture
Here’s a quick look at Tempur Sealy International Inc.’s (TPX) price momentum from a technical perspective. As of 19 September, the RSI 9-day stood at 47.54%, suggesting the stock is Neutral, with a 27.44% historical volatility rate.
The stochastic %K and %D were 19.72% and 32.20% respectively, while the average true range (ATR) was 1.12. Based on the 14-day stochastic reading of 21.14%, the RSI (14) reading is 49.50%. On the 9-day MACD Oscillator, the stock is at -0.37, and the 14-day reading is at -0.71.
Analyst Ratings
Analysts have assigned Tempur Sealy International Inc. (TPX) an Overweight rating. TPX is a stock that is recommended for selling by 0 brokerage firms, while 4 companies recommend holding. The stock is underweighted by 0 analysts. Among the analysts who rate the stock, 0 rates it overweight and 6 others recommend it as a buy.
What is TPX’s price target for the next 12 months?
The current consensus forecast for the stock is between $45.00 and $58.00, with a median target price of $54.50. In analyzing these forecasts, the average price target given by analysts for Tempur Sealy International Inc. (TPX) is $52.13.
