Market Insight: Tempur Sealy International Inc (TPX)’s Notable Drop, Closing at 48.14

Beyond market trends, investors looking for superior returns explore the world of stock picking. The right selections can be a powerful driver for wealth accumulation.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

In the latest session, Tempur Sealy International Inc (NYSE: TPX) closed at $48.14 down -1.53% from its previous closing price of $48.89. In other words, the price has decreased by -$1.53 from its previous closing price. On the day, 1.06 million shares were traded. TPX stock price reached its highest trading level at $48.96 during the session, while it also had its lowest trading level at $47.835.

Ratios:

For a deeper understanding of Tempur Sealy International Inc’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 87.26 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 17.87. For the most recent quarter (mrq), Quick Ratio is recorded 0.68 and its Current Ratio is at 1.21. In the meantime, Its Debt-to-Equity ratio is 7.69 whereas as Long-Term Debt/Eq ratio is at 7.26.

On March 25, 2024, Loop Capital Upgraded its rating to Buy which previously was Hold and also upped its target price recommendation from $50 to $75.

Piper Sandler Upgraded its Neutral to Overweight on January 18, 2024, whereas the target price for the stock was revised from $41 to $61.

Insider Transactions:

Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on Feb 20 ’24 when Wijnand Hansbart sold 11,916 shares for $50.31 per share. The transaction valued at 599,442 led to the insider holds 27,631 shares of the business.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, TPX now has a Market Capitalization of 8359462400 and an Enterprise Value of 11437778944. As of this moment, Tempur’s Price-to-Earnings (P/E) ratio for their current fiscal year is 22.98. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 2.48. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.72 while its Price-to-Book (P/B) ratio in mrq is 20.29. Its current Enterprise Value per Revenue stands at 2.348 whereas that against EBITDA is 15.467.

Stock Price History:

Over the past 52 weeks, TPX has reached a high of $57.13, while it has fallen to a 52-week low of $36.12. The 50-Day Moving Average of the stock is -6.74%, while the 200-Day Moving Average is calculated to be -6.05%.

Shares Statistics:

For the past three months, TPX has traded an average of 1.24M shares per day and 1202560 over the past ten days. A total of 172.30M shares are outstanding, with a floating share count of 167.46M. Insiders hold about 3.57% of the company’s shares, while institutions hold 103.13% stake in the company. Shares short for TPX as of 1727654400 were 8307933 with a Short Ratio of 6.70, compared to 1724976000 on 10480883. Therefore, it implies a Short% of Shares Outstanding of 8307933 and a Short% of Float of 5.87.

Dividends & Splits

According to the company, the forward annual dividend rate for TPX is 0.50, from 0.48 in the trailing year. Against a Trailing Annual Dividend Yield of 0.009817959

Most Popular