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 $87.03, above its previous 52-week high of $86.61 with 72,537 shares traded as of 9:39 a.m. ET. Average volume has been 1.6 million shares over the past 30 days.

Tempur-Pedic International has a market cap of $5.45 billion and is part of the consumer goods sector and consumer durables industry. Shares are up 63.8% 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 26.7, below the average consumer durables industry P/E ratio of 26.8 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.

See all 52-week high stocks or get investment ideas from our investment research center.

null

More from Markets

Replay: Jim Cramer on Tariffs, the Market Rally, Caterpillar and Micron

Replay: Jim Cramer on Tariffs, the Market Rally, Caterpillar and Micron

Video: When Planning for Retirement, Don't Underestimate Your Life Span

Video: When Planning for Retirement, Don't Underestimate Your Life Span

Video: Here's What May Come Next for Theranos Founder and CEO Elizabeth Holmes

Video: Here's What May Come Next for Theranos Founder and CEO Elizabeth Holmes

Charlie Gasparino Says GE Is Reportedly Looking to Slash Its Dividend Again

Charlie Gasparino Says GE Is Reportedly Looking to Slash Its Dividend Again

GE Confirms $11.1 Billion Transportation Merger With Wabtec

GE Confirms $11.1 Billion Transportation Merger With Wabtec