Tempur-Pedic International Inc. (TPX): Today's Featured Consumer Goods Winner

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

Tempur-Pedic International ( TPX) pushed the Consumer Goods sector higher today making it today's featured consumer goods winner. The sector as a whole closed the day down 0.3%. By the end of trading, Tempur-Pedic International rose $1.14 (2.5%) to $47.30 on average volume. Throughout the day, 1,649,238 shares of Tempur-Pedic International exchanged hands as compared to its average daily volume of 1,641,400 shares. The stock ranged in a price between $45.85-$47.78 after having opened the day at $46.16 as compared to the previous trading day's close of $46.16. Other companies within the Consumer Goods sector that increased today were: Green Mountain Coffee Roasters ( GMCR), up 27.8%, Tesla Motors ( TSLA), up 24.4%, Appliance Recycling Centers Of America ( ARCI), up 10.5% and Stoneridge ( SRI), up 9.9%.
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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 $2.7 billion and is part of the consumer durables industry. The company has a P/E ratio of 43.5, above the S&P 500 P/E ratio of 17.7. Shares are up 46.6% year to date as of the close of trading on Wednesday. Currently there are 5 analysts that rate Tempur-Pedic International a buy, no analysts rate it a sell, and 7 rate it a hold.

TheStreet Ratings rates Tempur-Pedic International as a hold. The company's strengths can be seen in multiple areas, such as its revenue growth, notable return on equity and expanding profit margins. However, as a counter to these strengths, we also find weaknesses including a generally disappointing performance in the stock itself, deteriorating net income and premium valuation.

On the negative front, Standard Register Company ( SR), down 81.1%, Central Garden & Pet Company ( CENTA), down 16.0%, Central Garden & Pet Company ( CENT), down 12.3% and American Apparel ( APP), down 10.3% , were all laggards within the consumer goods sector with Monster Beverage ( MNST) being today's consumer goods sector laggard.

For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the consumer goods sector could consider iShares Dow Jones US Cons Goods ( IYK) while those bearish on the consumer goods sector could consider ProShares Ultra Sht Consumer Goods ( SZK).

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