Tempur Sealy International Inc (NYSE: TPX) has reported earnings for its first fiscal quarter (ending March 31) of $0.44 versus $0.50 for the same period a year ago — a decline of -12%. This performance was $-0.17 short of the consensus estimate of $0.61. E.P.S. were $2.09 for the latest four quarters through March 31 versus $2.39 for the same period a year ago — a decline of -13%.
Recent Price Action
On 5/7/24, Tempur Sealy International Inc (NYSE: TPX) stock enjoyed a large increase of 3.9%, closing at $52.07. Moreover, unusually high trading volume at 188% of normal accompanied the advance. Relative to the market the stock has been exceptionally strong over the last nine months and has risen 2.1% during the last week.
Current PriceTarget Research Rating
Reflecting future returns on capital that are forecasted to be above the cost of capital, TPX is expected to continue to be a major Value Builder.
Tempur Sealy has a current Value Trend Rating of A (Highest Rating). The Value Trend Rating reflects highly consistent signals from PTR’s two proprietary measures of a stock’s attractiveness. Tempur Sealy has a good Appreciation Score of 73 and a good Power Rating of 81, with the Highest Value Trend Rating the result.
Rating Review
In light of this new information and positive market action we are reviewing our current Overall Rating of A. This review will be completed in the next several days.
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