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Is Tempur Sealy International Inc (TPX) a good stock to buy now?

Tempur Sealy International Inc (NYSE: TPX) is -6.16% lower on its value in year-to-date trading and has touched a low of $36.12 and a high of $57.13 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The TPX stock was last observed hovering at around $47.91 in the last trading session, with the day’s loss setting it -0.08%.

Currently trading at $47.83, the stock is -4.00% and -6.70% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.59 million and changing -0.17% at the moment leaves the stock -6.54% off its SMA200. TPX registered 18.39% gain for a year compared to 6-month gain of -5.06%. The firm has a 50-day simple moving average (SMA 50) of $51.2664 and a 200-day simple moving average (SMA200) of $51.1793.

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The stock witnessed a -10.26% loss in the last 1 month and extending the period to 3 months gives it a -1.58%, and is 0.36% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 2.57% over the week and 2.02% over the month.

Tempur Sealy International Inc (TPX) has around 12000 employees, a market worth around $8.29B and $4.87B in sales. Current P/E ratio is 22.83. Profit margin for the company is 7.65%. Distance from 52-week low is 32.42% and -16.28% from its 52-week high. The company has generated returns on investments over the last 12 months (10.96%).

with sales reaching $1.29B over the same period., but quarterly earnings will post -0.50% year-over-year. Quarterly sales are estimated to shrink -1.60% in year-over-year returns.

Tempur Sealy International Inc (TPX) Top Institutional Holders

501.0 institutions hold shares in Tempur Sealy International Inc (TPX), with institutional investors hold 107.19% of the company’s shares. The shares outstanding are 172.30M, and float is at 167.46M with Short Float at 4.47%. Institutions hold 104.03% of the Float.

The top institutional shareholder in the company is SELECT EQUITY GROUP, L.P. with over 22.49 million shares valued at $1.06 billion. The investor’s holdings represent 12.9545% of the TPX Shares outstanding. As of 2024-06-30, the second largest holder is VANGUARD GROUP INC with 16.21 million shares valued at $767.39 million to account for 9.3376 of the shares outstanding. The other top investors are BLACKROCK INC. which holds 15.66 million shares representing 9.0236% and valued at over $741.58 million, while BROWNING WEST LP holds 6.2446 of the shares totaling 10.84 million with a market value of $513.19 million.

Tempur Sealy International Inc (TPX) Insider Activity

The most recent transaction is an insider sale by Wijnand Hansbart, the company’s EVP, INTERNATIONAL. SEC filings show that Wijnand Hansbart sold 11,916 shares of the company’s common stock on Feb 20 ’24 at a price of $50.31 per share for a total of $0.6 million. Following the sale, the insider now owns 27631.0 shares.

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