Somewhat Critical Press Coverage Somewhat Likely to Impact Tempur Sealy International (TPX) Stock Price

Media stories about Tempur Sealy International (NYSE:TPX) have been trending somewhat negative on Saturday, Alpha One Sentiment reports. The research firm, a service of Accern, identifies negative and positive news coverage by analyzing more than twenty million news and blog sources. Alpha One ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Tempur Sealy International earned a coverage optimism score of -0.07 on Alpha One’s scale. Alpha One also assigned news headlines about the company an impact score of 51 out of 100, meaning that recent news coverage is somewhat likely to have an impact on the stock’s share price in the next few days.

Here are some of the news headlines that may have effected Alpha One’s rankings:

Shares of Tempur Sealy International (NYSE:TPX) traded up 0.35% during trading on Friday, hitting $45.99. 866,702 shares of the stock were exchanged. The stock’s 50 day moving average is $45.72 and its 200-day moving average is $53.60. The stock has a market cap of $2.48 billion, a price-to-earnings ratio of 13.53 and a beta of 1.69. Tempur Sealy International has a 12-month low of $39.57 and a 12-month high of $82.32.

Tempur Sealy International (NYSE:TPX) last posted its earnings results on Thursday, May 4th. The company reported $0.96 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.72 by $0.24. The firm had revenue of $722.10 million during the quarter, compared to analysts’ expectations of $725.44 million. Tempur Sealy International had a net margin of 4.08% and a return on equity of 112.05%. The company’s revenue was up .2% compared to the same quarter last year. During the same period in the previous year, the company earned $0.68 earnings per share. Equities research analysts anticipate that Tempur Sealy International will post $3.23 EPS for the current year.

A number of equities analysts have weighed in on the stock. SunTrust Banks, Inc. raised shares of Tempur Sealy International from a “sell” rating to a “hold” rating in a research note on Monday, May 15th. Tigress Financial downgraded shares of Tempur Sealy International from a “buy” rating to a “neutral” rating in a research note on Thursday. Raymond James Financial, Inc. raised shares of Tempur Sealy International from a “market perform” rating to an “outperform” rating and set a $53.00 price target on the stock in a research note on Friday, February 17th. TheStreet downgraded shares of Tempur Sealy International from a “b-” rating to a “c+” rating in a research note on Tuesday, February 14th. Finally, KeyCorp reaffirmed an “equal weight” rating on shares of Tempur Sealy International in a research note on Thursday, April 20th. One analyst has rated the stock with a sell rating, twelve have given a hold rating, one has given a buy rating and one has issued a strong buy rating to the company. The company has a consensus rating of “Hold” and an average price target of $57.60.

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In other Tempur Sealy International news, major shareholder Rehan Jaffer bought 640,000 shares of Tempur Sealy International stock in a transaction on Tuesday, May 16th. The stock was purchased at an average cost of $47.68 per share, for a total transaction of $30,515,200.00. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Jon L. Luther bought 2,750 shares of Tempur Sealy International stock in a transaction on Monday, May 15th. The stock was acquired at an average price of $48.45 per share, with a total value of $133,237.50. Following the completion of the purchase, the director now directly owns 13,668 shares of the company’s stock, valued at $662,214.60. The disclosure for this purchase can be found here. Insiders acquired 1,872,750 shares of company stock valued at $90,061,731 over the last quarter. Corporate insiders own 3.04% of the company’s stock.

Tempur Sealy International Company Profile

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.

12 Month Chart for NYSE:TPX

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