Tempur Sealy International Inc (TPX): The stock medium term indicators show it’s time to Buy

Tempur Sealy International Inc (TPX) saw downtrend of -0.13% in the recent trading with $53.51 being its most recent. The current price level -6.34% lower than the highest price of $57.13 marked by the stock while trading over the past 52-weeks, whereas it is 37.75% higher than the lowest price of $38.85 the company dropped to over past 52-weeks. The latest news story on TPX appeared in (StockStory) under the title “What To Expect From La-Z-Boys (LZB) Q3 Earnings”.

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Squeezing the time span to 30 day period shows us the stock is currently trading -5.06% below one month high and is +12.75% above of the lowest during that time. Looking into the simple moving average, Tempur Sealy International Inc (TPX)’s stock stands at a SMA-50 of $51.93 while that of 5-day is reading $54.08.

Daily rise and fall of price influence many of the traders, and in order to overcome the fluctuating effect of that and to watch the stock closely, traders focus more on stock’s 200-day moving average. At various points in trading activity, investors are more likely to be making use of that measure as a strong indicator in figuring out their support and resistance levels, and TPX’s SMA-200 as of now is $51.33.

Do analysts rate it as a buy, sell or hold?

Irrespective of recent performance, what’s important is what the future holds. In uncertain economic times, a clear picture is difficult to get. Analysts generally have a good understanding of the market works, which gives them a leg up in making predictions. Currently, the stock has been recommended as Strong Buy by 4 of the brokerage firms. Analyst ratings are often compiled into a single score from 1 to 5. The score of 1 signifies buy or strong buy, the score of 2 signifies outperform, the score of 3 means hold, and the score of 4 indicates underperform. The simple numeric range of brokerage firm referenced at the scale of 1 to 5 reads a current average recommendation of 1.73 for the stock.

Tempur Sealy International Inc Earnings – What Happened With TPX

Coming around sales and income figures on TPX Stock Income Statement, public trading companies under normal circumstances post earnings and revenues near to average estimates by the Wall Street analysts, but those could came either above or below estimates and known as surprise factor. Tempur Sealy International Inc (TPX) last released financial results for the quarter that ended 9/30/2024, posting a surprise factor of -2.60% for net revenue.

TPX – Tempur Sealy International Inc Stock Earnings Estimates

The perspective of Tempur Sealy International Inc (NYSE:TPX)’s current quarter earnings identifies that analysts are in consensus over the estimate of 0.54 for stock’s EPS in the current quarter. Company’s EPS for the last quarter was 0.53.

Investors get the exact data about the key information of institutional ownership in a listed company through its 13F filings at the Stock Exchange Commission (SEC). The total number of common shares currently owned by the public is 172.30 million. TPX does have institutional investors; and they hold 100.13% of the stock.

Tempur Sealy International Inc – Insider Activity and Holdings

As on 2024-06-30, SELECT EQUITY GROUP, L.P. was the top most holder in Tempur Sealy International Inc (NYSE:TPX) with an ownership of 22.49 million shares of the company or 12.9545 of the stake worth $1.06 billion. The filing also reveals VANGUARD GROUP INC as the second largest holder in the company with a control over 9.3376 of the outstanding shares. Its stake is worth $767.39 million for having 16.21 million shares in hand.

BLACKROCK INC. also came holding a key position in the company during the recent quarter and it now holds 9.0236 of the outstanding shares. With this there are now 493.0 institutions which have possession in TPX’s shares.

Currently, the stock has been recommended as Strong Buy by 4 of the brokerage firms. Analyst ratings are often compiled into a single score from 1 to 5. The score of 1 signifies buy or strong buy, the score of 2 signifies outperform, the score of 3 means hold, and the score of 4 indicates underperform. The simple numeric range of brokerage firm referenced at the scale of 1 to 5 reads a current average recommendation of 1.73 for the stock.

The liquidity is a key characteristic of any stock and is the main point of focus of both short-term as well as long term investors before start trading into a stock. In recently reported quarter, Tempur Sealy International Inc has a debt to equity ratio of 5.23.

Technical Analysis of Tempur Sealy International Inc (NYSE:TPX) stock

To comprehend better with the trade moves and investors’ behavior, exploring the short, medium and long term technical indicators along with average volume of a stock is an effective way to make use of. When looking into those indicators for Tempur Sealy International Inc (TPX), we notice that the stock’s 20-day average volume is at 1,591,795 shares and 50% of short term indicators are suggesting the stock as Buy. Medium term indicators at an average of 100% are spotting the stock at Buy with its 50-day average volume of 1,358,732 shares. And to end, TPX’s 100-day average volume is 1,449,147 shares with 50% of the long-term indicators pointing towards Buy for the stock.