Earnings Reaction History: Tempur Sealy International, Inc., 37.5% Follow-Through Indicator, 6.1% Sensitive

Andrew Cummings
February 17, 2017

In last trade, the intraday high was $27.71, putting the share price -33.04% below its 52-week high and trades 12.47% higher from the lowest price they have traded at during the previous year. In last quarter ended 2015-12-31, Tempur Sealy International, Inc. earnings came at $1.32 suggesting a deviation of 0.1.

Tempur Sealy International, Inc is a bedding provider. The business's revenue for the quarter was up.3% on a year-over-year basis.

Over that same historical period, when shares of TPX dropped in the extended-hours in reaction to its earnings announcement, history shows that 50.0% of the time (3 events) the stock dropped further, adding to the extended-hours losses by an average of 1.8% by the following regular session close. Westbourne Investment Advisors Inc. now owns 15,410 shares of the company's stock worth $874,000 after buying an additional 5,375 shares in the last quarter.

Tempur Sealy International Inc closed down -0.55 points or -1.18% at $46.06 with 9,74,837 shares getting traded on Wednesday. It has gained $36.27 (-44.06%) since hitting a 52-week high price of $82.32. 2 Wall Street brokerages assign "Sell" rating for the firm. Stifel Nicolaus lowered Tempur Sealy International from a "buy" rating to a "hold" rating in a research note on Monday, January 30th.

01/30/2017 - Tempur Sealy International, Inc. was downgraded to "sell" by analysts at SunTrust. The score shows the rating on a scale of 1 to 5, where 1=strong buy and 5=strong sell.

Price Target is basically a projection of future price of a company's stock by the expert analysis of investment analysts or investment firms.

Institutional investors have recently modified their holdings of the stock. The Manufacturers Life Insurance Company bought a new stake in shares of Tempur Sealy International during the third quarter worth about $344,667,000.

01/31/2017 - Tempur Sealy International, Inc. had its "sector weight" rating reiterated by analysts at KeyBanc.

For the year, the company reported profit of $202.1 million, or $3.38 per share. The price moves in Tempur Sealy International, Inc. post earnings have produced an average increase of 4.14% and an average increase of 6.14% on next day and seventh day, sequentially. The number of shares now owned by investors are 57.4 mln. Dynamo Internacional Gestao DE Recursos LTDA. now owns 2,491,956 shares of the company's stock worth $137,855,000 after buying an additional 223,405 shares during the period. LS Investment Advisors LLC raised its position in shares of Tempur Sealy International by 60.9% in the second quarter. Now the stock is holding a "Buy" rating from 1 equity analysts. Current price places the company's stock 2.76% away from its 200-day simple moving average, 4.58%, away from the 50-day average and also 6.45% away from 20-day average.

This article was originally posted by BBNS and is owned by of BBNS. If you are reading this piece on another site, it was illegally stolen and republished in violation of United States and global copyright and trademark laws. The company has said its products will be out of Mattress Firm's roughly 3,600 stores by the end of the first quarter. The Company operates in three segments: Tempur North America Tempur International and Sealy.

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