Raymond James analyst Bobby Griffin reiterated a Buy rating on Tempur Sealy (NYSE:TPX) on Tuesday, setting a price target of $115, which is approximately 32.76% above the present share price of $86.62.
Griffin expects Tempur Sealy to post earnings per share (EPS) of $0.44 for the fourth quarter of 2020.
The current consensus among 9 TipRanks analysts is for a Strong Buy rating of shares in Tempur Sealy, with an average price target of $112.86.
The analysts price targets range from a high of $130 to a low of $100.
In its latest earnings report, released on 06/30/2020, the company reported a quarterly revenue of $665.2 million and a net profit of $48.4 million. The company's market cap is $4.57 billion.
According to TipRanks.com, Raymond James analyst Bobby Griffin is currently ranked with 5 stars on a 0-5 stars ranking scale, with an average return of 35.8% and a 71.05% success rate.
Tempur Sealy International, Inc. develops, manufactures, markets and distributes bedding products. It operates through North America and International segments. The North America segment consists of Tempur and Sealy manufacturing and distribution subsidiaries, joint ventures and licensees located in the U.S. and Canada. The International segment consists of Tempur and Sealy manufacturing and distribution subsidiaries, joint ventures and licensees located in Europe, Asia-Pacific and Latin America. Its products include mattresses, adjustable bases, pillows and other sleep and relaxation products. Its brands include Tempur, Tempur-Pedic, Sealy featuring Posturepedic Technology and Stearns & Foster. The company was founded by Robert B. Trussell, Jr. in 1992 and is headquartered in Lexington, KY.