NEW YORK (

TheStreet

) --

Tempur-Pedic International

(NYSE:

TPX

) hit a new 52-week high Thursday as it is currently trading at $76.52, above its previous 52-week high of $75.95 with 351,248 shares traded as of 10:35 a.m. ET. Average volume has been 1.9 million shares over the past 30 days.

Tempur-Pedic International has a market cap of $4.1 billion and is part of the

consumer goods

sector and

consumer durables

industry. Shares are up 41.9% year to date as of the close of trading on Wednesday.

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. The company has a P/E ratio of 23.2, above the average consumer durables industry P/E ratio of 20.8 and above the S&P 500 P/E ratio of 17.7.

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TheStreet Ratings rates Tempur-Pedic International as a

buy

. The company's strengths can be seen in multiple areas, such as its robust revenue growth, notable return on equity, solid stock price performance, impressive record of earnings per share growth and compelling growth in net income. We feel these strengths outweigh the fact that the company has had generally poor debt management on most measures that we evaluated. You can view the full

Tempur-Pedic International Ratings Report

.

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