Somewhat Positive Press Coverage Somewhat Unlikely to Impact Tempur Sealy International (TPX) Share Price

Media coverage about Tempur Sealy International (NYSE:TPX) has trended somewhat positive this week, Accern Sentiment reports. The research firm scores the sentiment of news coverage by monitoring more than twenty million news and blog sources. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Tempur Sealy International earned a media sentiment score of 0.14 on Accern’s scale. Accern also assigned media stories about the company an impact score of 46.0003425828772 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the near future.

These are some of the news articles that may have impacted Accern’s scoring:

Tempur Sealy International (NYSE:TPX) opened at $57.46 on Monday. Tempur Sealy International has a 12-month low of $39.57 and a 12-month high of $70.45. The stock has a market cap of $3,110.00, a PE ratio of 16.01, a P/E/G ratio of 1.17 and a beta of 1.53. The company has a debt-to-equity ratio of 20.03, a quick ratio of 0.77 and a current ratio of 1.08.

Tempur Sealy International (NYSE:TPX) last issued its quarterly earnings results on Thursday, November 2nd. The company reported $1.00 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.97 by $0.03. Tempur Sealy International had a net margin of 5.79% and a return on equity of 1,042.63%. The company had revenue of $724.80 million during the quarter, compared to analysts’ expectations of $756.10 million. During the same period last year, the company posted $1.32 EPS. Tempur Sealy International’s revenue was down 12.9% on a year-over-year basis. equities analysts anticipate that Tempur Sealy International will post 3.25 earnings per share for the current year.

TPX has been the subject of several research analyst reports. Zacks Investment Research cut shares of Tempur Sealy International from a “hold” rating to a “sell” rating in a research report on Tuesday, October 24th. Bank of America reaffirmed a “buy” rating and issued a $85.00 target price (up from $75.00) on shares of Tempur Sealy International in a research report on Wednesday, August 30th. SunTrust Banks reaffirmed a “hold” rating and issued a $55.00 target price on shares of Tempur Sealy International in a research report on Friday, November 3rd. ValuEngine cut shares of Tempur Sealy International from a “buy” rating to a “hold” rating in a research report on Thursday, November 2nd. Finally, Stifel Nicolaus reaffirmed a “buy” rating and issued a $80.00 target price on shares of Tempur Sealy International in a research report on Friday, November 3rd. Two research analysts have rated the stock with a sell rating, nine have given a hold rating, three have assigned a buy rating and two have issued a strong buy rating to the company. The stock presently has an average rating of “Hold” and a consensus price target of $61.33.

In other news, CEO Scott L. Thompson bought 19,565 shares of the firm’s stock in a transaction on Tuesday, November 7th. The stock was acquired at an average cost of $51.19 per share, with a total value of $1,001,532.35. Following the completion of the acquisition, the chief executive officer now owns 245,019 shares of the company’s stock, valued at $12,542,522.61. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, EVP H Clifford Buster III bought 18,800 shares of the firm’s stock in a transaction on Thursday, November 9th. The stock was purchased at an average cost of $53.03 per share, with a total value of $996,964.00. Following the completion of the acquisition, the executive vice president now directly owns 18,800 shares of the company’s stock, valued at approximately $996,964. The disclosure for this purchase can be found here. Company insiders own 2.10% of the company’s stock.

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About Tempur Sealy International

Tempur Sealy International, Inc is a bedding manufacturer. The Company develops, manufactures, markets and distributes bedding products. The Company operates in two segments: North America and International. The North America segment consists of Tempur and Sealy manufacturing and distribution subsidiaries, joint ventures and licensees located in the United States and Canada.

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