Tempur Sealy International (TPX) Shares are Up 2.23%

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 33.77% in the past 4 weeks. The bullishness in the stock continues even in the near-term as the stock has returned an impressive 1.8%, relative to the S&P 500. The stock has continued its bullish performance both in the near-term and the medium-term, as the stock is up 2.23% in the last 1 week, and is up 37.09% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock.

Tempur Sealy International (NYSE:TPX): During Fridays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $77.28 and $76.65 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $78.00. The buying momentum continued till the end and the stock did not give up its gains. It closed at $77.32, notching a gain of 1.51% for the day. The total traded volume was 1,588,472 . The stock had closed at $76.17 on the previous day.

The stock has recorded a 20-day Moving Average of 19.74% and the 50-Day Moving Average is 27.08%. Tempur Sealy International Inc. is up 30.5% in the last 3-month period. Year-to-Date the stock performance stands at 9.74%.

Tempur Sealy International (TPX) : 7 Wall Street analysts covering Tempur Sealy International (TPX) believe that the average level the stock could reach for the short term is $81. The maximum price target given is $95 and the minimum target for short term is around $71, hence the standard deviation is calculated at $7.98.


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.

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