Tempur Sealy International Inc (TPX) average volume reaches $1.70M: Is Wall Street expecting a rally?

Tempur Sealy International Inc (NYSE: TPX) on Monday, plunged -0.15% from the previous trading day, before settling in for the closing price of $53.70. Within the past 52 weeks, TPX’s price has moved between $34.98 and $57.13.

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Consumer Cyclical Sector giant saw their annual sales surged by 11.21% over the last five years. With a float of $167.42 million, this company’s outstanding shares have now reached $172.30 million.

The firm has a total of 12000 workers. Let’s measure their productivity.

Tempur Sealy International Inc (TPX) Insider Activity

Observing investor behavior towards Furnishings, Fixtures & Appliances industry stocks is more important than anything else. The insider ownership of Tempur Sealy International Inc is 3.56%, while institutional ownership is 103.48%. The most recent insider transaction that took place on Feb 20 ’24, was worth 599,442. In this transaction EVP, INTERNATIONAL of this company sold 11,916 shares at a rate of $50.31, taking the stock ownership to the 27,631 shares. Before that another transaction happened on Aug 25 ’23, when Company’s Director sold 5,304 for $43.75, making the entire transaction worth $232,074. This insider now owns 143,938 shares in total.

Tempur Sealy International Inc (TPX) Earnings and Forecasts

As on 12/30/2023, Multinational firm has announced its last quarter scores, in which it reported $0.53 earnings per share (EPS) for the period falling under the consensus outlook (set at $0.54) by -$0.01. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.69 per share during the current fiscal year.

For the long-term projections, market analysts anticipate that the company’s EPS will surge by 15.70% during the next five years compared to 19.46% growth over the previous five years of trading.

Tempur Sealy International Inc (NYSE: TPX) Trading Performance Indicators

Tempur Sealy International Inc (TPX) is currently performing well based on its current performance indicators. A quick ratio of 0.68 was reported for the most recent quarter. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.89. Likewise, its price to free cash flow for the trailing twelve months is 24.18.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 2.07

Technical Analysis of Tempur Sealy International Inc (TPX)

Analysing the last 5-days average volume posted by the [Tempur Sealy International Inc, TPX], we can find that recorded value of 1.67 million was lower than the volume posted last year of 1.69 million. As of the previous 9 days, the stock’s Stochastic %D was 14.81%. Additionally, its Average True Range was 1.32.

During the past 100 days, Tempur Sealy International Inc’s (TPX) raw stochastic average was set at 82.58%, which indicates a significant increase from 31.04% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 28.00% in the past 14 days, which was lower than the 31.18% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $53.02, while its 200-day Moving Average is $46.20. Now, the first resistance to watch is $54.09. This is followed by the second major resistance level at $54.56. The third major resistance level sits at $54.90. If the price goes on to break the first support level at $53.27, it is likely to go to the next support level at $52.93. Should the price break the second support level, the third support level stands at $52.46.

Tempur Sealy International Inc (NYSE: TPX) Key Stats

Market capitalization of the company is 9.31 billion based on 173,613K outstanding shares. Right now, sales total 4,925 M and income totals 368,100 K. The company made 1,171 M in profit during its latest quarter, and 77,100 K in sales during its previous quarter.