Tempur Sealy International Inc. (NYSE:TPX) traded at a new 52-week high today of $50.51. Approximately 489,000 shares have changed hands today, as compared to an average 30-day volume of 1.9 million shares.
Over the past year, Tempur Sealy International Inc. has traded in a range of $20.68 to $50.51 and is now at $49.77, 141% above that low.
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 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). The majority of net sales is derived from retail. Some major brands of the firm include Tempur, Tempur-Pedic, Sealy, and Stearns and Foster.
Tempur Sealy International Inc. (NYSE:TPX) is currently priced 37.7% above its average consensus analyst price target of $31.00.
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