) pushed the Consumer Durables industry lower today making it today's featured Consumer Durables laggard. The industry as a whole closed the day down 0.8%. By the end of trading, Tempur-Pedic International fell $1.89 (-6%) to $29.45 on light volume. Throughout the day, 3.1 million shares of Tempur-Pedic International exchanged hands as compared to its average daily volume of 4.7 million shares. The stock ranged in price between $28.98-$31.17 after having opened the day at $31.17 as compared to the previous trading day's close of $31.34. Other company's within the Consumer Durables industry that declined today were:
), down 9.1%,
), down 8.5%,
), down 4.2%, and
), down 4.2%.
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Tempur-Pedic International Inc. engages in the manufacture, marketing, and distribution of bedding products in North America and internationally. It offers mattresses, pillows, and adjustable bed bases, as well as various cushions and other comfort products. Tempur-Pedic International has a market cap of $1.91 billion and is part of the
sector. The company has a P/E ratio of 9.9, equal to the average consumer durables industry P/E ratio and below the S&P 500 P/E ratio of 17.7. Shares are down 40.3% year to date as of the close of trading on Friday. Currently there are four analysts that rate Tempur-Pedic International a buy, no analysts rate it a sell, and nine rate it a hold.
TheStreet Ratings rates Tempur-Pedic International as a
. The company's strengths can be seen in multiple areas, such as its largely solid financial position with reasonable debt levels by most measures and expanding profit margins. However, as a counter to these strengths, we also find weaknesses including unimpressive growth in net income, weak operating cash flow and a generally disappointing performance in the stock itself.
- You can view the full Tempur-Pedic International Ratings Report.
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For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the consumer durables industry could consider
) while those bearish on the consumer durables industry could consider
- Find other investment ideas from our top rated ETFs lists.