Tupperware Brands (NYSE:TUP) is set to post its quarterly earnings results before the market opens on Wednesday, April 24th. Analysts expect Tupperware Brands to post earnings of $0.91 per share for the quarter.
Tupperware Brands (NYSE:TUP) last released its quarterly earnings results on Wednesday, January 30th. The company reported $1.33 EPS for the quarter, hitting the consensus estimate of $1.33. The business had revenue of $505.90 million during the quarter, compared to analyst estimates of $550.53 million. Tupperware Brands had a net margin of 7.53% and a negative return on equity of 114.53%. The company’s quarterly revenue was down 14.1% on a year-over-year basis. During the same quarter in the prior year, the firm earned $1.59 earnings per share. On average, analysts expect Tupperware Brands to post $4 EPS for the current fiscal year and $4 EPS for the next fiscal year.
Tupperware Brands stock opened at $25.70 on Tuesday. The stock has a market cap of $1.29 billion, a PE ratio of 5.98, a PEG ratio of 0.54 and a beta of 0.84. Tupperware Brands has a one year low of $24.37 and a one year high of $46.91.
The company also recently declared a quarterly dividend, which was paid on Friday, April 5th. Stockholders of record on Wednesday, March 20th were given a dividend of $0.27 per share. The ex-dividend date of this dividend was Tuesday, March 19th. This represents a $1.08 annualized dividend and a dividend yield of 4.20%. Tupperware Brands’s dividend payout ratio is currently 25.12%.
Several equities analysts have recently commented on the stock. Zacks Investment Research lowered shares of Tupperware Brands from a “hold” rating to a “sell” rating in a research report on Tuesday, March 12th. TheStreet upgraded shares of Tupperware Brands from a “d+” rating to a “c” rating in a research report on Friday, March 15th. Four investment analysts have rated the stock with a sell rating and two have assigned a hold rating to the company. The stock presently has an average rating of “Sell” and a consensus price target of $36.75.
In related news, Director Kriss Cloninger III acquired 3,500 shares of Tupperware Brands stock in a transaction that occurred on Friday, February 1st. The stock was acquired at an average price of $27.32 per share, with a total value of $95,620.00. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Chairman E V. Goings acquired 3,700 shares of Tupperware Brands stock in a transaction that occurred on Friday, February 8th. The stock was bought at an average cost of $26.92 per share, with a total value of $99,604.00. Following the acquisition, the chairman now directly owns 51,243 shares of the company’s stock, valued at $1,379,461.56. The disclosure for this purchase can be found here. Insiders have bought 10,887 shares of company stock valued at $295,068 in the last 90 days. Insiders own 4.58% of the company’s stock.
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Tupperware Brands Company Profile
Tupperware Brands Corporation operates as a direct-to-consumer marketer of various products across a range of brands and categories in Europe, Africa, the Middle East, the Asia Pacific, North America, and South America. The company engages in the manufacture and sale of 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.
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