TPX Stock Summary and Trading Ideas (Tempur Sealy Intl | NYSE:TPX)

Tempur Sealy International Inc is a bedding provider. The firm develops and distributes bedding products globally through its North America and international segments (Europe, Asia Pacific, and Latin America). Tempur Sealy's products are divided into the bedding and other product categories. The bedding category comprises the majority of net sales. The primary distribution channels of the company within each segment are retail (including furniture and bedding retailers, department stores, and warehouse clubs) and other (including e-commerce platforms, company-owned stores, and third-party distributors). Some brands of the firm include Tempur, Tempur-Pedic, Sealy, and Stearns and Foster. The cany generates revenue from sales from North America.

Tempur Sealy Intl trades on the NYSE stock market under the symbol TPX.

As of April 23, 2024, TPX stock price climbed to $50.74 with 939,029 million shares trading.

TPX has a beta of 1.40, meaning it tends to be more sensitive to market movements. TPX has a correlation of 0.33 to the broad based SPY ETF.

TPX has a market cap of $8.81 billion. This is considered a Mid Cap stock.

Last quarter Tempur Sealy Intl reported $1 billion in Revenue and $.53 earnings per share. This fell short of revenue expectation by $-9 million and missed earnings estimates by -$.01.

In the last 3 years, TPX stock traded as high as $57.13 and as low as $20.03.

The top ETF exchange traded funds that TPX belongs to (by Net Assets): VTI, IJH, VB, VXF, VBK.

TPX has outperformed the market in the last year with a return of +41.3%, while the SPY ETF gained +24.2%. However, in the most recent history, TPX shares have underperformed the stock market with its stock returning -1.2% in the last 3 month period and -5.4% for the last 2 week period, while SPY has returned +4.9% and -2.6%, respectively.

TPX support price is $48.24 and resistance is $50.02 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that TPX stock will trade within this expected range on the day.