In yesterday’s Wall Street session, Tempur Sealy International Inc (NYSE:TPX) shares traded at $64.79, down -3.18% from the previous session.
TPX stock price is now 12.92% away from the 50-day moving average and 23.62% away from the 200-day moving average. The market capitalization of the company currently stands at $11.25B.
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With the price target enhanced from $67 to $80, Wedbush Upgraded its rating from Neutral to Outperform for Tempur Sealy International Inc (NYSE: TPX). On September 04, 2024, Wedbush Downgraded its previous ‘Outperform’ rating to ‘Neutral’ on the stock keeping its target price maintained at $52, while ‘Loop Capital’ rates the stock as ‘Buy’
In other news, Wijnand Hansbart, EVP, INTERNATIONAL sold 11,916 shares of the company’s stock on Feb 20 ’24. The stock was sold for $599,442 at an average price of $50.31. Upon completion of the transaction, the EVP, INTERNATIONAL now directly owns 27,631 shares in the company, valued at $1.79 million. A total of 3.76% of the company’s stock is owned by insiders.
During the past 12 months, Tempur Sealy International Inc has had a low of $45.04 and a high of $68.53. As of last week, the company has a debt-to-equity ratio of 5.23, a current ratio of 1.14, and a quick ratio of 0.65. The fifty day moving average price for TPX is $57.1544 and a two-hundred day moving average price translates $52.33275 for the stock.
The latest earnings results from Tempur Sealy International Inc (NYSE: TPX) was released for 2024-09-30. The net profit margin was 7.96% and return on equity was 100.05% for TPX. The company reported revenue of $1.3 billion for the quarter, compared to $1.28 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 1.79 percent.
