Tempur Sealy International (TPX) has risen sharply, recording gains of 4.2% in the past 4 weeks. However, the stock has corrected -0.49% in the past 1 week, providing a good buying opportunity on dips. Tempur Sealy International (TPX) : Traders are bullish on Tempur Sealy International (TPX) as it has outperformed the S&P 500 by a wide margin of 4.42% in the past 4 weeks. The bullishness in the stock continues even in the near-term as the stock has returned an impressive 0.17%, relative to the S&P 500.
For the current week, the company shares have a recommendation consensus of Buy. The stock has recorded a twenty day Moving Average of 0.74% and the fifty day Moving Average is 18.49%. Tempur Sealy International Inc. is up 32.34% in the last three month period. Year-to-Date the stock performance stands at 11.85%.
Tempur Sealy International (TPX) : 7 investment research analysts covering Tempur Sealy International (TPX) have an average price target of $83.29 for the near short term. The highest target price given by the Brokerage Firm to the stock is $100 and the lowest target is $71 for the short term. Analysts expect the variance to be within $8.71 of the average price.
Tempur Sealy International (NYSE:TPX): On Fridays trading session , Opening price of the stock was $79.32 with an intraday high of $80.04. The bears continued to sell at higher levels and eventually sold the stock down to an intraday low of $78.02. However, the stock managed to close at $78.81, a loss of 0.19% for the day. On the previous day, the stock had closed at $78.96. The total traded volume of the day was 605,476 shares.
Tempur Sealy International, Inc. is a bedding provider. The Company develops, manufactures, markets and distributes bedding products, which it sells globally in approximately 100 countries. The Company operates in three segments: Tempur North America, Tempur International and Sealy. The Companys brand portfolio includes TEMPUR, Tempur-Pedic, Sealy, Sealy Posturepedic, Optimum and Stearns & Foster. The Company sells its products through three distribution channels in each operating business segment: Retail, which consists of furniture and bedding retailers, department stores, specialty retailers and warehouse clubs; Direct, which consists of electronic commerce (e-commerce) platform, Company-owned stores and call center, and Other, which includes third party distributors, hospitality and healthcare customers.