How Often Does Tempur Sealy International, Inc. (TPX) Beat Earnings Estimates?

Tempur Sealy International Inc

The company reported $1.18 earnings per share for the quarter, topping analysts' consensus estimates of $1.13 by $0.05. The difference between the estimated and actual earnings was $0.11 per share.

Scott Thompson, Tempur Sealy International, Inc. chairman and CEO said: "Overall the worldwide markets for our products are solid and the Team remains focused on our long-term initiatives". (NYSE:TPX)-2 analysts issued Strong buy for the stock, 4 analysts have given a Buy rating, 4 think it's a HOLD, 1 reported it as Underperform, while 0 analyst issued a Sell rating. Tempur Sealy International shares last traded at $47.94, with a volume of 4,758,047 shares. (NYSE:TPX) is likely to post quarterly numbers around 2017-02-16 for the quarter ending 2016-12-31. During the same period in the prior year, the business earned $0.99 EPS. Comparatively, growth in the past five years was 6.66 percent (per annum).

Nonetheless, and in the immediate aftermath of reporting, investor reaction in Tempur Sealy International, Inc. (NYSE:TPX) now has a consensus Price Target of $47.56. 5 analysts projected on average Earnings. A lower P/B ratio could mean that the stock is undervalued. The experts have a positive EPS target of $3.73 for the company while the lowest estimate for the year is set at $2.23 year.

Price Target plays a critical role when it comes to the Analysis of a Stock. State Street Corp increased its stake in shares of Tempur Sealy International by 4.1% in the fourth quarter. Zacks Investment Research now has $76.00 price target on the stock. The Market Cap of the company stands at 2.64 Billion.

In recent trade, the price was -26.79% down its 200 day moving average and was brought -24.48% down versus its 50-day simple moving average. While some analysts have a High Price target for the stock of $70 and a Low Price Target of $33. (NYSE:TPX) is 1.37. The Average Volume (3 months) is 1.62 Million. TPX has P/E (Price to Earnings ttm) value of 21.66, Forward P/E of 15.95, P/C (Price to cash per share) of 29.7 and Price to Free Cash Flow (P/FCF) value of 17.15. The stock's RSI (Relative Strength Index) reached 32.02. (TPX). The consensus rating is 3, suggesting the market has given up on the stock. Four research analysts have rated the stock with a sell rating, seven have given a hold rating and two have issued a buy rating to the company. After accomplishing a methodical study, the analysts have specified a target price range. The stock now shows its YTD (Year to Date) performance of -32.56 percent while its Weekly performance value is 7.34%. 6 analysts are of a belief the stock is a "Hold". MSI Financial Services Inc now owns 1,928 shares of the company's stock valued at $109,000 after buying an additional 483 shares during the last quarter.

The stock is now trading at a distance of 3.56% from SMA-20. Rio Tinto plc (NYSE:RIO) has a Return on Assets of 5 percent, Return on Equity of 11.8 percent, while Return on Investment of 9.1 percent. Five analysts surveyed by Zacks expected $769.9 million.

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