Zacks Investment Research downgraded Tempur Sealy International Inc (NYSE:TPX) to Hold in a report released today.
- Updated: October 1, 2016
Yesterday Tempur Sealy International Inc (NYSE:TPX) traded 2.72% higher at $74.45. The company’s 50-day moving average is $76.11 and its 200-day moving average is $64.73. The last stock close price is up -12.34% from the 200-day moving average, compared to the S&P 500 which has decreased -0.01% over the same time. 2,750,596 shares of the stock were exchanged, up from an average trading volume of 1,567,830
Zacks Investment Research has downgraded Tempur Sealy International Inc (NYSE:TPX) to Hold in a report released on 09/29/2016.
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Tempur Sealy International Inc has a 52 week low of $50.80 and a 52 week high of $82.61 with a P/E ratio of 39.51 The company’s market cap is currently $0.
In addition to Zacks Investment Research reporting its target price, a total of 10 firms have issued a report on the stock. The consensus target price is $71.90 with 2 firms rating the stock a strong buy, 5 firms rating the stock a buy, 3 firms rating the stock a hold, 0 firms rating the stock a underperform, and finally 0 firms rating the stock a sell.
About Tempur Sealy International Inc (NYSE:TPX)
Tempur Sealy International, Inc. is a bedding provider. The Company develops, manufactures, markets and distributes bedding products. It operates in two segments: North America, which consists of Tempur and Sealy manufacturing and distribution subsidiaries, joint ventures and licensees located in the United States and Canada, and International, which consists of Tempur and Sealy manufacturing and distribution subsidiaries, joint ventures and licensees located in Europe, Asia-Pacific and Latin America. Its brands include TEMPUR, Tempur-Pedic, Sealy, Sealy Posturepedic, Optimum and Stearns & Foster. It sells products through over two distribution channels in each segment: retail (furniture and bedding retailers, department stores, specialty retailers and warehouse clubs), and other (direct-to-consumer through e-commerce platforms, company-owned stores and call centers, third-party distributors, hospitality and healthcare customers).
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