Tempur Sealy International Inc (NYSE:TPX) shares, rose in value, with the stock price up by 0.06% to the previous day’s close as strong demand from buyers drove the stock to $49.92.
Actively observing the price movement in the last trading, the stock closed the session at $49.89. The PE ratio was 24.08 over 12-month period. Referring to stock’s 52-week performance, its high was $57.13, and the low was $34.98. On the whole, TPX has fluctuated by -11.22% over the past month.
The company’s Forward Dividend Ratio is 0.46, with its dividend yield at 0.92%.
Projections by analysts suggest varying estimates for the company’s quarterly revenue. Analysts have estimated the company’s revenue for the quarter at 5.13B, with a low estimate of 1.19B and a high estimate of 1.27B. Wall Street analysts also predicted that the company’s y-o-y revenues would reach 1.21B.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that TPX’s technical picture suggests that short-term indicators denote the stock is a Hold on average. However, medium-term indicators have put the stock in the category of 50% Buy while long-term indicators on average have been pointing out that it is a 50% Buy.
The stock’s technical analysis shows that the PEG ratio is about 1.53, with the price of TPX currently trading nearly -3.49% and -5.52% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 40.03, while the 7-day volatility ratio is showing 2.32% which for the 30-day chart, stands at 2.32%. Furthermore, Tempur Sealy International Inc (TPX)’s beta value is 1.58, and its average true range (ATR) is 1.31.
A comparison of Tempur Sealy International Inc (TPX) with its peers suggests the former has fared considerably weaker in the market. TPX showed an intraday change of 0.06% in last session, and over the past year, it grew by 39.87%%.
Data on historical trading for Tempur Sealy International Inc (NYSE:TPX) indicates that the trading volumes over the past 3 months, they’ve averaged 1.75 million. According to company’s latest data on outstanding shares, there are 172.30 million shares outstanding.
Nearly 3.56% of Tempur Sealy International Inc’s shares belong to company insiders and institutional investors own 103.49% of the company’s shares. The stock has fallen by -2.06% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the TPX stock heading into the next quarter.
