Stocks of Tupperware Brands Corporation (NYSE:TUP) traded higher last session on Wall Street, down -5.28% to $3.41.
According to the data, Tupperware Brands Corporation (NYSE:TUP) has 1 analysts covering its stock. The consensus rating among analysts is ‘Hold’. As we calculate the median target price by taking the range between a high of $4.00 and a low of $4.00, we find $4.00. Given the previous closing price of $3.60, this indicates a potential upside of 11.11 percent. TUP stock price is now 100.91% away from the 50-day moving average and 16.76% away from the 200-day moving average. The market capitalization of the company currently stands at $165.32M.
A total of 1 analysts have issued a hold rating and 0 have given it a buy rating. Brokers who have rated the stock have averaged $4.00 as their price target over the next twelve months.
With the price target maintained at $13, DA Davidson recently Downgraded its rating from Buy to Neutral for Tupperware Brands Corporation (NYSE: TUP).
In other news, GOUDIS RICHARD, Executive Vice Chair bought 254,500 shares of the company’s stock on Nov 04. The stock was bought for $1,000,134 at an average price of $3.93. Upon completion of the transaction, the Executive Vice Chair now directly owns 424,500 shares in the company, valued at $1.45 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Nov 04, Chief Executive Officer Fernandez Calero Miguel Angel bought 24,000 shares of the business’s stock. A total of $101,520 was incurred on buying the stock at an average price of $4.23. This leaves the insider owning 485,965 shares of the company worth $1.66 million. Insiders disposed of 79,069 shares of company stock worth roughly $0.27 million over the past 1 year. A total of 3.90% of the company’s stock is owned by insiders.
There have been several recent changes in the stakes of large investors in TUP stock. A new stake in Tupperware Brands Corporation shares was purchased by GSA CAPITAL PARTNERS LLP during the first quarter worth $3,529,000. SQUAREPOINT OPS LLC invested $927,000 in shares of TUP during the first quarter. In the first quarter, Y-INTERCEPT (HONG KONG) LTD acquired a new stake in Tupperware Brands Corporation valued at approximately $230,000. QUBE RESEARCH & TECHNOLOGIES LTD acquired a new stake in TUP for approximately $226,000. POINT72 MIDDLE EAST FZE purchased a new stake in TUP valued at around $164,000 in the second quarter. In total, there are 181 active investors with 67.30% ownership of the company’s stock.
Tuesday’s opening bell rang with an opening price of $3.5600 for Tupperware Brands Corporation (NYSE: TUP). During the past 12 months, Tupperware Brands Corporation has had a low of $0.61 and a high of $12.86. The fifty day moving average price for TUP is $1.7470 and a two-hundred day moving average price translates $2.9028 for the stock.
The latest earnings results from Tupperware Brands Corporation (NYSE: TUP) was released for Dec, 2022. According to the Packaging & Containers Company, earnings per share came in at -$0.24, missing analysts’ expectations of $0.29 by -0.53. This compares to $0.09 EPS in the same period last year. The net profit margin was -4.70% and return on equity was 30.30% for TUP. The company reported revenue of $313.7 million for the quarter, compared to $394.9 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue fell -20.56 percent. For the current quarter, analysts expect TUP to generate $237.8M in revenue.
Moreover, the firm recently paid out its quarterly dividend on 10/04/2019. Investors who held shares on 09/18/2019 were paid a $0.27 dividend.
Tupperware Brands Corporation(TUP) Company Profile
Tupperware Brands Corporation operates as a consumer products company worldwide. The company manufactures, markets, and sells design-centric preparation, storage, and serving solutions for the kitchen and home, as well as a line of cookware, knives, microwave products, microfiber textiles, water-filtration related items, and an array of products for on-the-go consumers under the Tupperware brand name. It distributes its products to approximately 70 countries primarily through independent sales force members, including independent distributors, directors, managers, and dealers. The company was formerly known as Tupperware Corporation and changed its name to Tupperware Brands Corporation in December 2005. Tupperware Brands Corporation was founded in 1946 and is headquartered in Orlando, Florida.
