Editor's Note: TheStreet ratings do not represent the views of TheStreet's staff or its contributors. Ratings are established by computer based on metrics for performance (which includes growth, stock performance, efficiency and valuation) and risk (volatility and solvency). Companies with poor cash flow or high debt levels tend to earn lower ratings in our model
) pushed the Consumer Durables industry lower today making it today's featured Consumer Durables laggard. The industry as a whole closed the day down 0.5%. By the end of trading, Tempur-Pedic International fell $1.92 (-6.4%) to $28.18 on average volume. Throughout the day, 2.3 million shares of Tempur-Pedic International exchanged hands as compared to its average daily volume of 1.8 million shares. The stock ranged in price between $27.75-$30.01 after having opened the day at $30.01 as compared to the previous trading day's close of $30.10. Other companies within the Consumer Durables industry that declined today were:
), down 6.7%,
), down 5.2%,
), down 3.5%, and
), down 3.4%.
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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 $1.86 billion and is part of the
sector. The company has a P/E ratio of 10.3, 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 40.4% 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
. Among the primary strengths of the company is its expanding profit margins over time. At the same time, however, 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.
- Use our consumer durables section to find industry-relevant news.
- Or find some new ideas from our top rated stocks lists.
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.
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