Tempur-Pedic International is Among the Companies in the Home Furnishings Industry With the Highest Return on Equity (TPX, LEG, LZB, FLXS, MHK)
Below are the three companies in the Home Furnishings industry with the highest return on equity. The ROE is a general indication of the company's efficiency; investors usually look for companies with ROEs that are high and are growing.
Tempur-Pedic International ranks highest with a ROE of 55.6%. Leggett & Platt is next with a ROE of 23.0%. La-Z-Boy ranks third highest with a ROE of 13.8%.
Flexsteel Industries follows with a ROE of 12.8%, and Mohawk Industries rounds out the top five with a ROE of 12.2%.
SmarTrend recommended that subscribers consider buying shares of Tempur-Pedic International on July 25th, 2016 as our technology indicated a new Uptrend was in progress when shares hit $60.82. Since that recommendation, shares of Tempur-Pedic International have risen 28.3%. We continue to monitor Tempur-Pedic International for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.
Keywords: highest return on equity tempur-pedic international leggett & platt la-z-boy flexsteel industries mohawk industries