Equities analysts forecast that Tupperware Brands Co. (NYSE:TUP) will post $1.50 earnings per share (EPS) for the current fiscal quarter, according to Zacks. Two analysts have provided estimates for Tupperware Brands’ earnings. The lowest EPS estimate is $1.48 and the highest is $1.51. Tupperware Brands reported earnings of $1.45 per share in the same quarter last year, which suggests a positive year over year growth rate of 3.4%. The company is expected to issue its next quarterly earnings results before the market opens on Wednesday, January 31st.
On average, analysts expect that Tupperware Brands will report full-year earnings of $4.73 per share for the current year, with EPS estimates ranging from $4.68 to $4.76. For the next fiscal year, analysts expect that the business will report earnings of $5.15 per share, with EPS estimates ranging from $4.95 to $5.30. Zacks’ EPS calculations are a mean average based on a survey of research firms that follow Tupperware Brands.
Tupperware Brands (NYSE:TUP) last posted its quarterly earnings data on Wednesday, October 25th. The company reported $1.03 earnings per share for the quarter, topping the consensus estimate of $0.94 by $0.09. The company had revenue of $539.50 million during the quarter, compared to analysts’ expectations of $538.80 million. Tupperware Brands had a return on equity of 101.23% and a net margin of 6.18%. Tupperware Brands’s revenue for the quarter was up 3.4% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.87 earnings per share.
Several research firms have recently weighed in on TUP. Zacks Investment Research raised Tupperware Brands from a “sell” rating to a “hold” rating in a research report on Saturday. Morgan Stanley increased their price target on Tupperware Brands from $71.00 to $72.00 and gave the company an “equal weight” rating in a research report on Thursday, October 26th. ValuEngine raised Tupperware Brands from a “hold” rating to a “buy” rating in a research report on Thursday, January 4th. KeyCorp reissued a “hold” rating on shares of Tupperware Brands in a research report on Saturday, November 25th. Finally, Citigroup increased their price target on Tupperware Brands from $67.00 to $68.00 and gave the company a “neutral” rating in a research report on Monday, October 2nd. One investment analyst has rated the stock with a sell rating, six have given a hold rating and two have given a buy rating to the company. The company presently has a consensus rating of “Hold” and a consensus price target of $68.83.
Tupperware Brands (NYSE TUP) traded down $0.05 during mid-day trading on Friday, hitting $63.40. The stock had a trading volume of 308,600 shares, compared to its average volume of 372,200. The company has a quick ratio of 0.52, a current ratio of 0.98 and a debt-to-equity ratio of 2.56. The firm has a market capitalization of $3,230.00, a PE ratio of 23.05, a P/E/G ratio of 1.03 and a beta of 1.75. Tupperware Brands has a 52 week low of $53.65 and a 52 week high of $74.36.
The business also recently declared a quarterly dividend, which was paid on Friday, January 5th. Investors of record on Wednesday, December 20th were given a dividend of $0.68 per share. The ex-dividend date was Tuesday, December 19th. This represents a $2.72 annualized dividend and a yield of 4.29%. Tupperware Brands’s dividend payout ratio (DPR) is presently 98.91%.
In other Tupperware Brands news, EVP Thomas M. Roehlk sold 2,000 shares of the company’s stock in a transaction that occurred on Wednesday, November 1st. The stock was sold at an average price of $59.39, for a total value of $118,780.00. Following the sale, the executive vice president now owns 10,765 shares in the company, valued at $639,333.35. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, Chairman E V. Goings sold 44,600 shares of the company’s stock in a transaction that occurred on Wednesday, November 1st. The shares were sold at an average price of $59.26, for a total value of $2,642,996.00. Following the completion of the sale, the chairman now owns 54,059 shares in the company, valued at approximately $3,203,536.34. The disclosure for this sale can be found here. Insiders have sold 50,600 shares of company stock valued at $3,010,776 over the last three months. Insiders own 3.14% of the company’s stock.
A number of large investors have recently added to or reduced their stakes in the business. First Allied Advisory Services Inc. raised its stake in Tupperware Brands by 1.2% in the second quarter. First Allied Advisory Services Inc. now owns 5,793 shares of the company’s stock valued at $405,000 after buying an additional 66 shares during the period. State of Wisconsin Investment Board raised its stake in Tupperware Brands by 0.7% in the second quarter. State of Wisconsin Investment Board now owns 10,073 shares of the company’s stock valued at $707,000 after buying an additional 70 shares during the period. Raymond James Trust N.A. raised its stake in Tupperware Brands by 3.4% in the second quarter. Raymond James Trust N.A. now owns 3,794 shares of the company’s stock valued at $266,000 after buying an additional 124 shares during the period. Zurcher Kantonalbank Zurich Cantonalbank raised its stake in Tupperware Brands by 9.7% in the second quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 1,889 shares of the company’s stock valued at $133,000 after buying an additional 167 shares during the period. Finally, Ameritas Investment Partners Inc. raised its stake in Tupperware Brands by 1.5% in the second quarter. Ameritas Investment Partners Inc. now owns 16,180 shares of the company’s stock valued at $1,136,000 after buying an additional 244 shares during the period. Hedge funds and other institutional investors own 83.71% of the company’s stock.
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Tupperware Brands Company Profile
Tupperware Brands Corporation is a global direct-to-consumer company. The Company operates through five segments in three geographic regions: Europe (Europe, Africa and the Middle East), Asia Pacific and the Americas. Its segments are Europe, Asia Pacific, Tupperware North America, Beauty North America and South America.
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