Tempur-Pedic International Reaches New 52-Week High (TPX)

NEW YORK ( TheStreet) -- Tempur-Pedic International (NYSE: TPX) hit a new 52-week high Monday as it is currently trading at $84.53, above its previous 52-week high of $84.14 with 43,427 shares traded as of 9:39 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 57.1% year to date as of the close of trading on Friday.

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 25.9, above the average consumer durables industry P/E ratio of 20.8 and above the S&P 500 P/E ratio of 17.7.

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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