Tempur Sealy International, Inc. (NYSE:TPX) Insider Trading Report
- Author: Zachary Reyes Feb 11, 2017,
Feb 11, 2017, 18:45
According to a group of market experts surveyed by Zacks Research, Tempur Sealy International, Inc. Instinet cut Tempur Sealy International from a "buy" rating to a "neutral" rating and dropped their price target for the company from $85.00 to $50.00 in a report on Monday, January 30th. (NYSE:TPX) have been assigned a consensus rating of "Hold" from the thirteen brokerages that are now covering the company.
July 28, 2016: Tempur Sealy International, Inc. It has gained $36.57 (-44.42%) since hitting a 52-week high price of $82.32.
When the current quarter ends, Wall Street expects Netflix, Inc.to have earnings per share of $0.37. BOKF NA now owns 4,529 shares of the company's stock valued at $251,000 after buying an additional 646 shares during the period. Finally, TimesSquare Capital Management LLC boosted its stake in Tempur Sealy International by 3.4% in the second quarter.
As speculation about a possible acquisition of Tempur Sealy International swirls through the bedding industry, the company announced that its board has approved a limited duration stockholder rights plan. Tempur Sealy International Inc was Downgraded by SunTrust to Sell on Jan 30, 2017. The company has the Market capitalization of $2.67 Billion. 748,012 shares of the stock traded hands. Tempur Sealy International Inc's 50-day moving average is $60.31 and its 200-day moving average is $65.06. It has been assigned a low target price of $33 and a high target price of $70. The business earned $832.40 million during the quarter, compared to the consensus estimate of $834.84 million. The company's revenue was down -5.4 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $1.11 EPS. Finally, Stifel Nicolaus downgraded Tempur Sealy International from a "buy" rating to a "hold" rating in a report on Monday, January 30th. (NYSE:TPX) are 4.52%; -31.49% for the month; -18.2% for the last quarter; -41.79% for the past six-months; and -15.76% for the last 12 months.The current price is staying below the SMA lines which signify weakens and is generally unhealthy/negative and may provide the momentum for driving the share price lower. Longbow Research downgraded shares of Tempur Sealy International from a "buy" rating to a "neutral" rating in a research report on Wednesday, September 28th.
Steinhoff International Holdings, the company that bought Mattress Firm, is known to favor a vertical integration model, owning bedding factories and stores. Of them, 1 have a Sell, 0 suggested Buy, 0 said Outperform and 5 called Hold rating for the stock, based on Thomson Reuters I/B/E/S. 3 recommends the stock is "underperforming". The Company's brand portfolio includes TEMPUR Tempur-Pedic Sealy Sealy Posturepedic Optimum and Stearns & Foster. Tempur Sealy International had a net margin of 4.08% and a return on equity of 112.05%. 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 global, which consists of Tempur and Sealy manufacturing and distribution subsidiaries, joint ventures and licensees located in Europe, Asia-Pacific and Latin America.