Tempur Sealy International Inc (NYSE: TPX) Could Achieve Gains In The Near Future

After Hours

It may be riskier to trade before market opening and after market closing than during regular market hours. Since issuers often announce critical financial information outside regular trading hours. Extended-hours trading may result in wider spreads for particular securities due to lower liquidity and higher volatility. After-hours trades for Tempur Sealy International Inc (TPX) shows that investor sentiment remained same, with the stock’s consolidated last price to $49.99. The Tempur Sealy International Inc has recorded 13,158 volume in the after hours trading session. Yahoo Finance discussed the stock recently as it posted Tempur Sealy International to Report Fourth Quarter Financial Results and Provide Update on the Status of the Proposed Mattress Firm Acquisition.

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Stocks Info

Tempur Sealy International Inc is listed on the NYSE in the Consumer Cyclical sector while operating in the Furnishings, Fixtures & Appliances industry. At the end of the last regular session, the stock closed at $49.99 and fluctuated between $51.52 as its day high and $49.67 as its day low. The current market capitalization of Tempur Sealy International Inc is $8.61B. A total of 0.9 million shares were traded on the day, compared to an average of 1.89M shares.

Insider Activity

Insider trades are also considered as indicators of how a stock will perform in the future, in addition to stock predictions. During the recent three months, TPX has seen 0 BUY and 0 SELL insider trades, representing the acquisition of 0 and the disposition of 0 shares. Over the last 12 months, there were 11 BUYs and 17 SELLs from insiders. Insiders purchased 231,626 shares during that period but sold 578,791.

In the most recent transaction, Dilsaver Evelyn S sold 5,304 shares of TPX for 43.75 per share on Aug 25. After the transaction, the Director now owns 143,938 company shares. In a previous transaction on Aug 21, Wijnand Hansbart sold 28,834 shares at 42.51 per share. TPX shares that EVP, INTERNATIONAL owns now total 15,714.

Among the insiders who sold shares, MONTGOMERY DAVID disposed of 100,000 shares on Aug 10 at a per-share price of $45.61. This resulted in the EVP Global Business Strategy holding 924,233 shares of TPX after the transaction. In another insider transaction, BUSTER H CLIFFORD III sold 75,200 shares at $35.82 per share on May 31. Company shares held by the CEO, North America now total 145,229.

Dividend

The reasons why investors prefer dividend-paying companies are that dividends generate immediate cash flow and indicate that the company will perform well in the future. Tempur Sealy International Inc pays an annual dividend of $0.44, resulting in a dividend yield of 0.88%, and it has a price to earnings (P/E) ratio of 22.54. TPX’s most recent ex-dividend date was 11/15/2023 when it declared a $0.11 quarterly dividend that was paid in cash on 12/4/2023. Previously, the company paid the dividend on 8/31/2023 with an ex-dividend date of 8/16/2023. The TPX stock dividend was $0.11 per share in cash.

Despite rarely being accurate, price targets can exert some form of influence at times, and are often regarded as valuable by markets. According to analysts who have offered 12-month price targets for TPX in the last 3 months, the mean price target is $51.56 with high estimates of $63.00 and low estimates of $40.00. In terms of 52-week highs and lows, TPX has a high of $51.68 and a low of $34.98.

As of this writing, TPX has an earnings estimate of $0.54 per share for the current quarter. EPS was calculated based on a consensus of 10 estimates, with a high estimate of $0.63 per share and a lower estimate of $0.52. The company reported an EPS of $0.58 in the last quarter, which was 3.60% higher than expectations of $0.56.

Balance Sheet Annually/Quarterly

As well as showing the assets and liabilities of the company, the balance sheet also shows the amount invested in equity by investors. Investors can analyze a company’s future prospects by calculating its financial ratios based on this information. TPX’s latest balance sheet shows that the firm has $300.70M in Cash & Short Term Investments as of fiscal 2021. There were $2.86B in debt and $1.05B in liabilities at the time. Its Book Value Per Share was $1.24, while its Total Shareholder’s Equity was $295.00M.

Analysts Opinion

After-hours and pre-market trading may carry slightly higher risks than regular market hours. As issuers often announce important financial information outside regular trading hours, extended-hours trading may result in wider spreads for a particular security. That is because extended-hours trading may result in lower liquidity and higher volatility. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for TPX is Buy with a score of 4.40.

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