Tempur Sealy International Company Profile (NYSE:TPX)

Tempur Sealy International trades on the New York Stock Exchange (NYSE) under the ticker symbol "TPX."

Tempur Sealy International declared that its board has initiated a stock buyback program on Saturday, April 8th 2017, which permits the company to repurchase $200,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization permits the company to repurchase up to 7.2% of its shares through open market purchases. Shares repurchase programs are usually a sign that the company's management believes its shares are undervalued.

Tempur Sealy International, Inc. (NYSE:TPX) posted its quarterly earnings data on Thursday, May, 4th. The company reported $0.96 earnings per share for the quarter, topping analysts' consensus estimates of $0.72 by $0.24. The firm earned $722.10 million during the quarter, compared to the consensus estimate of $725.44 million. Tempur Sealy International had a return on equity of 361.84% and a net margin of 6.28%. The firm's revenue for the quarter was up .2% compared to the same quarter last year. During the same quarter in the previous year, the company earned $0.68 EPS. View Tempur Sealy International's Earnings History.

Tempur Sealy International is scheduled to release their next quarterly earnings announcement on Thursday, July, 27th 2017. View Earnings Estimates for Tempur Sealy International.

12 brokerages have issued 12 month target prices for Tempur Sealy International's shares. Their forecasts range from $43.00 to $90.00. On average, they anticipate Tempur Sealy International's stock price to reach $58.75 in the next twelve months. View Analyst Ratings for Tempur Sealy International.

Here are some recent quotes from research analysts about Tempur Sealy International stock:

• 1. According to Zacks Investment Research, "Tempur Sealy International, Inc. is involved in the development, manufacturing and marketing of bedding products primarily in North America and internationally. It provides mattresses, adjustable bases, pillows and other sleep and relaxation products. The company's brand portfolio includes Tempur(R), Tempur-Pedic(R), Sealy(R), Sealy Posturepedic(R), Optimum(TM) and Stearns & Foster(R). Tempur Sealy International, Inc., formerly known as Tempur-Pedic International Inc., is headquartered in Lexington, Kentucky. " (4/20/2017)
• 2. Instinet analysts commented, "This morning, Tempur Sealy announced that all of its contracts with Mattress Firm in the US have been terminated as of January 27, as the companies were unable to come to mutually agreeable supply arrangements. We are extremely surprised by this development given the mutual importance of each company to the other (we estimate Mattress Firm represents ~21% of TPX 2016E sales, and TPX represented ~17% of Mattress Firm's 2016 estimated sales, preacquisition by Steinhoff). While we believe that there are long-term benefits to Tempur's decision to exit its largest customer, we believe that there is significant lack of visibility going forward as the company manages around the loss of ~20% of its sales volume and ~3,500 points of distribution, and adjusts its business model. As such, we are lowering our estimates for TPX to reflect sales losses and deleverage on lower sales volume, and downgrading the stock from a Buy to Neutral. Our new TP of $50 (down from $85) represents 15.0x our FY18E estimate of $3.25, in line with historical averages." (1/30/2017)

Some companies that are related to Tempur Sealy International include Burlington Stores (BURL), Foot Locker (FL), Companhia Brasileira de Distribuicao (CBD), KAR Auction Services (KAR), TripAdvisor (TRIP), Dunkin' Brands Group (DNKN), Liberty Interactive Corporation (LVNTA), AutoNation (AN), Caseys General Stores (CASY), Tech Data Corporation (TECD), Signet Jewelers Limited (SIG), Cabela's (CAB), Bed Bath & Beyond (BBBY), Dick's Sporting Goods (DKS), Wayfair (W), Wendy's Company (The) (WEN), Williams-Sonoma (WSM) and Cracker Barrel Old Country Store (CBRL).

Tempur Sealy International's management team includes the folowing people:

• Scott Landon Thompson, Chairman of the Board, President, Chief Executive Officer
• Robert B. Trussell Jr., Independent Vice Chairman of the Board
• Barry Hytinen, Chief Financial Officer, Executive Vice President, IR Contact Officer
• Richard W. Anderson, Executive Vice President and President, North America
• David Montgomery, Executive Vice President, President - International Operations
• Bhaskar Rao, Senior Vice President - Finance, Chief Accounting Officer
• Richard W. Neu, Lead Director
• Evelyn S. Dilsaver, Independent Director
• John A. Heil, Independent Director
• Jonathan L. Luther, Independent Director

Tempur Sealy International's stock is owned by a number of of institutional and retail investors. Top institutional shareholders include H PARTNERS MANAGEMENT, LLC (15.80%), H PARTNERS MANAGEMENT, LLC (15.30%), Van Berkom & Associates Inc. (1.85%), Independent Portfolio Consultants Inc. (0.06%), State Treasurer State of Michigan (0.04%) and Nisa Investment Advisors LLC (0.04%). Company insiders that own Tempur Sealy International stock include Barry Hytinen, Bhaskar Rao, Brad Patrick, David Montgomery, Jay G Spenchian, Jon L Luther, Lou H Jones, Rehan Jaffer, Richard W Anderson, Richard W Neu, Robert B Trussell Jr, Scott L Thompson and Usman Nabi. View Institutional Ownership Trends for Tempur Sealy International.

Tempur Sealy International's stock was sold by a variety of institutional investors in the last quarter, including US Bancorp DE, Westbourne Investment Advisors Inc., Independent Portfolio Consultants Inc., Oregon Public Employees Retirement Fund and Capital Insight Partners LLC. Company insiders that have sold Tempur Sealy International stock in the last year include Lou H Jones, Richard W Anderson and Robert B Trussell Jr. View Insider Buying and Selling for Tempur Sealy International.

Tempur Sealy International's stock was acquired by a variety of institutional investors in the last quarter, including Van Berkom & Associates Inc., Fox Run Management L.L.C., ING Groep NV, James Investment Research Inc., Hemenway Trust Co LLC, NEXT Financial Group Inc, Aperio Group LLC and LS Investment Advisors LLC. Company insiders that have bought Tempur Sealy International stock in the last two years include Barry Hytinen, Bhaskar Rao, Jay G Spenchian, Jon L Luther, Rehan Jaffer, Richard W Anderson, Richard W Neu, Scott L Thompson and Usman Nabi. View Insider Buying and Selling for Tempur Sealy International.

Shares of Tempur Sealy International can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

One share of Tempur Sealy International stock can currently be purchased for approximately $56.44.