Tempur Sealy International Inc. (NYSE:TPX) shares traded lower over the last trading session, losing -0.21% on 06/18/21. The shares fell to a low of $36.50 before closing at $37.21. Intraday shares traded counted 4.58 million, which was -140.81% lower than its 30-day average trading volume of 1.90M. TPX’s previous close was $37.29 while the outstanding shares total 203.70M. The firm has a beta of 2.03, a 12-month trailing P/E ratio of 18.83, and a growth ratio of 0.67. The stock’s Relative Strength Index (RSI) is 44.00, with weekly volatility at 2.92% and ATR at 1.20. The TPX stock’s 52-week price range has touched low of $16.84 and a $41.03 high.
Investors have identified the Furnishings Fixtures & Appliances company Tempur Sealy International Inc. as an interesting stock but before investments are made there, an in-depth look at its trading activities will have to be conducted. The share is trading with a market value of around $7.52 billion, the company now has both obstacles and catalysts that affect them and they came from their mode of operations. With the company affected by events currently, it is a perfect time to analyze the numbers behind the firm in order to come up with a rather realistic picture of what this stock is.
Tempur Sealy International Inc. (TPX) Fundamentals that are to be considered.
When analyzing a stock, the first fundamental thing to take into account is the balance sheet. How healthy the balance sheet of a company is will determine if the company will be able to carry out all its financial and non-financial obligations and also keep the faith of its investors. For TPX, the company has in raw cash 290.5 million on their books with 37.7 million currently as liabilities. How the trend is over time is what investors should be concerned about. The company has a healthy balance sheet as their debt profile has been on a decline. In terms of their assets, the company currently has 1.21 billion total, with 895.7 million as their total liabilities.
TPX were able to record 62.8 million as free cash flow during the 07/29/2021 quarter of the year, this saw their quarterly net cash flow reduce by 225.5 million. In cash movements, the company had a total of 86.3 million as operating cash flow.
Potential earnings growth for Tempur Sealy International Inc. (TPX)
In order to determine the future investment potential for this stock, we will have to analyze key trends that affect it. During the 07/29/2021 quarter of the year, Tempur Sealy International Inc. recorded a total of 1.04 billion in revenue. This figure implies that they witnessed a quarterly year/year change in their earnings with 21.21% coming in sequential stages and their sales for the 07/29/2021 quarter reducing by -1.26%.
What matters though is how it ends. When the core data for the company is broken down, then the stock sounds interesting. The company spent 584.9 million trying to sell their products during the last quarter, with the result yielding a gross income of 458.9 million. This allows shareholders to hold on to 203.70M with the recently reported earning now reading 0.62 cents per share. This is a figure that compared to analyst’s prediction for their 07/29/2021 (0.64 cents a share).
Having a look at the company’s valuation, the company is expected to record 3.21 total earnings per share during the next fiscal year. It is very important though to remember that the importance of trend far outweighs that of outlook. This analysis has been great and getting further updates on TPX sounds very interesting.
Is the stock of TPX attractive?
In related news, Director, TRUSSELL ROBERT B JR sold 10,000 shares of the company’s stock in a transaction that recorded on Jun 04. The sale was performed at an average price of 37.99, for a total value of 379,896. As the sale deal closes, the Director, TRUSSELL ROBERT B JR now sold 10,804 shares of the company’s stock, valued at 410,581. Also, EVP, President, U.S. Sales, Rusing Steven H sold 3,936 shares of the company’s stock in a deal that was recorded on Apr 23. The shares were price at an average price of 39.71 per share, with a total market value of 156,309. Following this completion of acquisition, the EVP, President, U.S. Sales, Rusing Steven H now holds 8,997 shares of the company’s stock, valued at 355,928. In the last 6 months, insiders have changed their ownership in shares of company stock by 2.00%.
7 out of 11 analysts covering the stock have rated it a Buy, while 4 have maintained a Hold recommendation on Tempur Sealy International Inc.. 0 analysts has assigned a Sell rating on the TPX stock. The 12-month mean consensus price target for the company’s shares has been set at $48.33.