Home Furnishings & Fixtures Stocks on Investors' Radar -- Fortune Brands Home & Security, Tempur Sealy, Leggett & Platt, and Se
Published on 2016-09-21 03:29:16 - Market Wire
Home Furnishings & Fixtures Stocks on Investors’ Radar -- Fortune Brands Home & Security, Tempur
NEW YORK, September 21, 2016 /PRNewswire/ --
Low mortgage rates, increased hiring, and the improving U.S. economy continue to contribute to the housing sector's recovery, which in July has seen a rise in homebuilding activities. Additionally, new home sales raced close to a nine-year high in the same month, making some Home Furnishings and Fixtures stocks attractive to savvy investors. This morning, Stock-Callers.com has issued research reports on the following equities: Fortune Brands Home & Security Inc. (NYSE: [ FBHS ]), Tempur Sealy International Inc. (NYSE: [ TPX ]), Leggett & Platt Inc. (NYSE: [ LEG ]), and Select Comfort Corp. (NASDAQ: [ SCSS ]). Learn more about these stocks by downloading their comprehensive and free reports at:
[ http://stock-callers.com/registration ]
Fortune Brands Home & Security
Deerfield, Illinois headquartered Fortune Brands Home & Security Inc.'s stock finished Tuesday's session 0.05% lower at $56.42, with a total trading volume of 1.60 million shares. The Company's shares have advanced 2.51% on an YTD basis. The stock is trading 0.98% above its 200-day moving average. Additionally, shares of Fortune Brands Home & Security, which provides home and security products for use in residential home repair, remodeling, new construction, and security applications, have a Relative Strength Index (RSI) of 25.18.
On August 18th, 2016, the company announced the creation of a new Global Plumbing Group (GPG), a strategic first step to accelerate growth opportunities and transform its plumbing business. Fortune Brands has completed its first acquisition under the GPG, Riobel, a Canadian premium showroom brand, and has also signed an agreement to acquire ROHL, a California-based luxury brand, which includes the ROHL and Perrin & Rowe brands, as well as a successful collection with California-based designer Michael Berman.
On September 1st, 2016, research firm Citigroup initiated a 'Neutral' rating on the Company's stock, issuing a target price of $65 per share. FBHS complete research report is just a click away and free at:
[ http://stock-callers.com/registration/?symbol=FBHS ]
Tempur Sealy Intl.
On Tuesday, shares in Lexington, Kentucky headquartered Tempur Sealy International Inc. recorded a trading volume of 615,427 shares. The stock ended the session 1.19% lower at $75.29. The Company's shares have advanced 27.07% in the previous three months and 6.85% since the start of this year. The stock is trading 2.69% above its 50-day moving average and 17.60% above its 200-day moving average. Moreover, shares of Tempur Sealy International, which together with its subsidiaries, develops, manufactures, markets, and distributes bedding products worldwide, have an RSI of 48.88. The complimentary report on TPX can be downloaded at:
[ http://stock-callers.com/registration/?symbol=TPX ]
Leggett & Platt
Shares in Carthage, Missouri-based Leggett & Platt Inc. closed the day 0.61% lower at $48.51. The stock recorded a trading volume of 646,918 shares. The Company's shares have gained 17.85% on an YTD basis. The stock is trading 3.22% above its 200-day moving average. Additionally, shares of Leggett & Platt, which designs and produces various engineered components and products worldwide, have an RSI of 32.70.
On September 13th, 2016, Leggett & Platt announced that it expects to continue, achieving Total Shareholder Return (TSR) that ranks within the top third of S&P 500 companies. For the foreseeable future, the company expects to generate average annual TSR of 11%-14%. Such TSR performance should rank within the top third of the S&P 500 over 3-year periods, assuming future annual TSR of 6%-7% for the S&P 500 index. The company's primary financial goal, adopted in 2007, is to achieve TSR that ranks in the top third of the S&P 500 over rolling 3-year periods. The company has achieved or meaningfully exceeded that goal in six of the seven 3-year periods since 2007. Sign up for your complimentary research report on LEG at:
[ http://stock-callers.com/registration/?symbol=LEG ]
Select Comfort
At the close, shares in Minneapolis, Minnesota headquartered Select Comfort Corp. ended the day at $24.78, which was a decline of 1.51%. The stock recorded a trading volume of 357,637 shares. The Company's shares have advanced 13.25% in the previous three months and 15.74% since the start of this year. The stock is trading above its 200-day moving average by 13.56%. Furthermore, shares of Select Comfort, which together with its subsidiaries, provides sleep solutions and services in the US, have an RSI of 42.18.
On September 15th, 2016, Sleep Number, a brand of Select Comfort announced the launch of the it™ bed, a revolutionary new smart bed that combines dual adjustability, sleep knowledge and connectivity for better sleep. Designed for today's connected lifestyles, the "it bed" is adjustable on each side and packed full of technology that helps consumers sleep better, and was the recipient of four technology and innovation awards at CES® 2016. Get free access to your research report on SCSS at:
[ http://stock-callers.com/registration/?symbol=SCSS ]
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