In yesterday’s Wall Street session, Tupperware Brands Corporation (NYSE:TUP) shares traded at $1.77, down -13.24% from the previous session.
As of this writing, 1 analysts cover Tupperware Brands Corporation (NYSE:TUP). 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 $2.04, this indicates a potential upside of 96.08 percent. TUP stock price is now -8.95% away from the 50-day moving average and -18.46% away from the 200-day moving average. The market capitalization of the company currently stands at $81.90M.
There are 1 analysts who have given it a hold rating, whereas 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 $0.75 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 $0.86 million. Insiders disposed of 79,069 shares of company stock worth roughly $0.14 million over the past 1 year. A total of 17.68% of the company’s stock is owned by insiders.
Wednesday morning saw Tupperware Brands Corporation (NYSE: TUP) opened at $2.0100. During the past 12 months, Tupperware Brands Corporation has had a low of $0.61 and a high of $8.00. The fifty day moving average price for TUP is $1.9440 and a two-hundred day moving average price translates $2.1707 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 $0.12 EPS in the same period last year. The company reported revenue of $312.7 million for the quarter, compared to $393.2 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue fell -20.47 percent. For the current quarter, analysts expect TUP to generate $237.8M in revenue.
Tupperware Brands Corporation(TUP) Company Profile
Tupperware Brands Corporation operates as a consumer products company in the Asia Pacific, Europe, Africa, the Middle East, North America, and South America. The company manufactures, markets, and sells design-centric preparation, storage, and serving solutions for the kitchen and home under the Tupperware brand name, 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.
