Somnigroup International traded at $62.68 this Friday May 15th, decreasing $1.81 or 2.81 percent since the previous trading session. Looking back, over the last four weeks, Somnigroup International lost 20.86 percent. Over the last 12 months, its price fell by 6.20 percent. Looking ahead, we forecast Somnigroup International to be priced at 67.88 by the end of this quarter and at 63.75 in one year, according to Trading Economics global macro models projections and analysts expectations.
Somnigroup International Inc., formerly known as Tempur Sealy International, Inc. is a designer, manufacturer, and distributor of bedding products, which includes mattresses, foundations and adjustable bases, and other products, which includes pillows and other accessories. The Company operates through two segments: North America and International. The North America segment consists of Tempur and Sealy manufacturing and distribution subsidiaries, joint ventures and licensees located in the United States, Canada, and Mexico. The International segment consists of Tempur manufacturing and distribution subsidiaries, Sealy distribution subsidiaries, joint ventures and licensees located in Europe, Asia-Pacific and Latin America (other than Mexico). The Company's brand portfolio includes Tempur, Tempur-Pedic, Sealy featuring Posturepedic Technology and Stearns & Foster and its non-branded offerings include private label original equipment manufacturer (OEM) products.