Tempur Sealy International, Inc. (NYSE:TPX) registered a 4.77% increase, still its new closing price is 5.98% up from the company’s 1 year high of 82.32.It posted -32.13% losses in previous 5 sessions and is now the subject of 7 analysts who together assign a hold rating on stock. 2 of Wall Street analysts have an underperform rating; the 1 sells versus 1 buy or better ratings. The 12 stock analysts following this company have an average price target at $53.40, with individual PT in the $33.00-$75.00 range. The shares moved at $45.05, implying that brokerage firms see shares losing about -26.09% in twelve months time.
Tempur Sealy International, Inc. (TPX) SEC Form 4 News
The stock is getting much attention these days as insiders are offloading shares while they posted a -34.02% fall year to date. A EVP & President North America at Tempur Sealy International, Inc. (TPX) offloaded shares in a transaction closed on Thursday September 22, 2016. ANDERSON RICHARD W sold 75,000 shares in the company at $77.32 each and collected $5,799,000 in proceeds. ANDERSON RICHARD W now owns 52,162 shares in the company after this transaction. A Director in the company, TRUSSELL ROBERT B JR, disclosed a transaction on Tuesday August 02, 2016 that ended up generating $377,001 from the sale of 5,000 shares at $75.5 per share.
Tempur Sealy International, Inc. (NYSE:TPX) Upcoming Results on Tap
Tempur Sealy International, Inc. will next provide financial results for the March 2017 quarter. Stock analysts expect it to report per-share earnings of $0.70 in that period. Sales during the quarter are predicted to arrive at $701.77 million.
Earnings surprise history: Last quarter, the company posted approximately $832.4 million in revenue and EPS of $1.32. The mean forecast was for $834.8 million and $1.21 a share, respectively. One quarter earlier, revenue for the stock was at $804.4 million, with earnings at $0.92/share.
Tempur Sealy International, Inc. (TPX) Brokerage Update
Tempur Sealy International, Inc. (TPX) is in KeyBanc Capital Mkts’s research list so their analyst rating change is noteworthy. These shares were downgraded to Sector Weight from Overweight by KeyBanc Capital Mkts, according to news reported on Tuesday January 31, 2017.Another important research note was issued by SunTrust on Monday January 30, 2017.The firm downgraded TPX to Sell from Hold. Over the last six months and over the last three months, the shares of Tempur Sealy International, Inc. (TPX), have changed -40.91% and -16.68%, respectively.