Home Furnishings & Fixtures Stocks on Investors' Radar -- Fortune Brands Home & Security, Tempur Sealy, Leggett & Platt, and Select Comfort
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
--
Stock Callers:
Stock Callers (SC) produces regular sponsored and non-sponsored reports, articles, stock market blogs, and popular investment newsletters covering equities listed on NYSE and NASDAQ and micro-cap stocks. SC has two distinct and independent departments. One department produces non-sponsored analyst certified content generally in the form of press releases, articles and reports covering equities listed on NYSE and NASDAQ and the other produces sponsored content (in most cases not reviewed by a registered analyst), which typically consists of compensated investment newsletters, articles and reports covering listed stocks and micro-caps. Such sponsored content is outside the scope of procedures detailed below.
SC has not been compensated; directly or indirectly; for producing or publishing this document.
PRESS RELEASE PROCEDURES:
The non-sponsored content contained herein has been prepared by a writer (the "Author") and is fact checked and reviewed by a third party research service company (the "Reviewer") represented by a credentialed financial analyst [for further information on analyst credentials, please email [email protected]. Rohit Tuli, a CFA® charterholder (the "Sponsor"), provides necessary guidance in preparing the document templates. The Reviewer has reviewed and revised the content, as necessary, based on publicly available information which is believed to be reliable. Content is researched, written and reviewed on a reasonable-effort basis. The Reviewer has not performed any independent investigations or forensic audits to validate the information herein. The Reviewer has only independently reviewed the information provided by the Author according to the procedures outlined by SC. SC is not entitled to veto or interfere in the application of such procedures by the third-party research service company to the articles, documents or reports, as the case may be. Unless otherwise noted, any content outside of this document has no association with the Author or the Reviewer in any way.
NO WARRANTY
SC, the Author, and the Reviewer are not responsible for any error which may be occasioned at the time of printing of this document or any error, mistake or shortcoming. No liability is accepted whatsoever for any direct, indirect or consequential loss arising from the use of this document. SC, the Author, and the Reviewer expressly disclaim any fiduciary responsibility or liability for any consequences, financial or otherwise arising from any reliance placed on the information in this document. Additionally, SC, the Author, and the Reviewer do not (1) guarantee the accuracy, timeliness, completeness or correct sequencing of the information, or (2) warrant any results from use of the information. The included information is subject to change without notice.
NOT AN OFFERING
This document is not intended as an offering, recommendation, or a solicitation of an offer to buy or sell the securities mentioned or discussed, and is to be used for informational purposes only. Please read all associated disclosures and disclaimers in full before investing. Neither SC nor any party affiliated with us is a registered investment adviser or broker-dealer with any agency or in any jurisdiction whatsoever. To download our report(s), read our disclosures, or for more information, visit
http://stock-callers.com/legal-disclaimer/
CONTACT
For any questions, inquiries, or comments reach out to us directly. If you're a company we are covering and wish to no longer feature on our coverage list contact us via email and/or phone between 09:30 EDT to 16:00 EDT from Monday to Friday at:
Email: [email protected]
Phone number: +44 330 808 3765
Office Address: Clyde Offices, Second Floor, 48 West George Street, Glasgow, U.K. -G2 1BP
CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute.
SOURCE Chelmsford Park SA
Share this article