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Tempur Sealy International Inc. (NYSE: TPX) traded today at a new 52-week high of $48.67. Approximately 691,000 shares have changed hands today, as compared to an average 30-day volume of 1.8 million shares.
Tempur Sealy International Inc. is one of the world’s largest bedding providers. 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 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). The majority of net sales is derived from retail. Some major brands of the firm include Tempur, Tempur-Pedic, Sealy, and Stearns and Foster.
Over the past year, Tempur Sealy International Inc. has traded in a range of $20.68 to $48.67 and is now at $48.46, 134% above that low.
Tempur Sealy International Inc. (NYSE: TPX) defies analysts with a current price ($48.46) 37.1% above its average consensus price target of $30.50.
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