Tempur Sealy International Inc (TPX) stock forecast: Can it reach its 52-week high of $57.13

A share price of Tempur Sealy International Inc [TPX] is currently trading at $55.86, up 2.65%. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The TPX shares have gain 15.48% over the last week, with a monthly amount glided 10.31%, and seem to be holding up well over a long-time horizon.

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From an analyst’s perspective:

Tempur Sealy International Inc [NYSE: TPX] stock has seen the most recent analyst activity on September 04, 2024, when Wedbush downgraded its rating to a Neutral but kept the price target unchanged to $52 for it. Previously, Loop Capital upgraded its rating to Buy on March 25, 2024, and elevated its price target to $75. On January 18, 2024, upgrade upgraded it’s rating to Overweight and revised its price target to $61 on the stock. Goldman initiated its recommendation with a Buy and recommended $34 as its price target on August 11, 2022. Piper Sandler downgraded its rating to Neutral for this stock on June 01, 2022, and downed its price target to $28. In a note dated March 30, 2021, Jefferies initiated an Hold rating and provided a target price of $38 on this stock.

Tempur Sealy International Inc experienced fluctuations in its stock price throughout the past year between $36.12 and $57.13. Currently, Wall Street analysts expect the stock to reach $50 within the next 12 months. Tempur Sealy International Inc [NYSE: TPX] shares were valued at $55.86 at the most recent close of the market. An investor can expect a potential drop of -10.49% based on the average TPX price forecast.

Analyzing the TPX fundamentals

Trailing Twelve Months sales for Tempur Sealy International Inc [NYSE:TPX] were 4.89B which represents 11.06% growth. Gross Profit Margin for this corporation currently stands at 0.44% with Operating Profit Margin at 0.12%, Pretax Profit Margin comes in at 0.1%, and Net Profit Margin reading is 0.08%. To continue investigating profitability, this company’s Return on Assets is posted at 0.09, Equity is 0.96 and Total Capital is 0.17. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 5.23.

Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 54.95 points at the first support level, and at 54.05 for the second support level. However, for the 1st resistance point, the stock is sitting at 56.46, and for the 2nd resistance point, it is at 57.07.

Ratios To Look Out For

To put it in perspective, the Current Ratio for Tempur Sealy International Inc [NYSE:TPX] is 1.14. As well, the Quick Ratio is 0.65, while the Cash Ratio is 0.1. Considering the valuation of this stock, the price to sales ratio is 2.00, the price to book ratio is 17.18 and price to earnings (TTM) ratio is 25.54.

Transactions by insiders

Recent insider trading involved Wijnand Hansbart, EVP, INTERNATIONAL, that happened on Feb 20 ’24 when 11916.0 shares were sold.

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