News stories about Tupperware Brands (NYSE:TUP) have been trending somewhat positive recently, according to AlphaOne. The research firm, a service of Accern, scores the sentiment of news coverage by reviewing more than 20 million news and blog sources in real time. AlphaOne ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Tupperware Brands earned a news sentiment score of 0.14 on AlphaOne’s scale. AlphaOne also assigned news headlines about the company an impact score of 65 out of 100, meaning that recent news coverage is somewhat likely to have an impact on the stock’s share price in the near future.
Here are some of the news headlines that may have impacted AlphaOne Sentiment’s rankings:
- BRIEF-Tupperware Brands sets regular quarterly dividend of $0.68per share (reuters.com)
- Tupperware Brands Corporation Declares Quarterly Dividend (finance.yahoo.com)
- Zacks Investment Research Upgrades Tupperware Brands Co. (TUP) to “Buy” (americanbankingnews.com)
- Tupperware Brands Co. (TUP) to Issue $0.68 Quarterly Dividend (americanbankingnews.com)
- Zacks Investment Research Lowers Tupperware Brands Co. (TUP) to Hold (americanbankingnews.com)
Tupperware Brands (NYSE:TUP) traded up 1.05% during trading on Thursday, reaching $70.96. The company’s stock had a trading volume of 205,594 shares. The stock has a market capitalization of $3.60 billion, a price-to-earnings ratio of 15.85 and a beta of 1.65. The firm has a 50 day moving average of $68.84 and a 200 day moving average of $60.87. Tupperware Brands has a 52 week low of $50.42 and a 52 week high of $74.36.
Tupperware Brands (NYSE:TUP) last released its quarterly earnings results on Tuesday, April 25th. The company reported $1.01 earnings per share for the quarter, beating the Zacks’ consensus estimate of $0.94 by $0.07. The company had revenue of $554.80 million for the quarter, compared to analysts’ expectations of $532.58 million. Tupperware Brands had a return on equity of 117.25% and a net margin of 10.10%. The business’s revenue for the quarter was up 5.5% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.91 earnings per share. Analysts expect that Tupperware Brands will post $4.70 EPS for the current year.
The firm also recently declared a quarterly dividend, which will be paid on Thursday, July 6th. Stockholders of record on Tuesday, June 20th will be issued a dividend of $0.68 per share. This represents a $2.72 dividend on an annualized basis and a dividend yield of 3.87%. Tupperware Brands’s dividend payout ratio (DPR) is presently 61.82%.
Several analysts have commented on TUP shares. Zacks Investment Research raised Tupperware Brands from a “sell” rating to a “hold” rating in a research note on Wednesday, February 1st. TheStreet raised Tupperware Brands from a “c” rating to a “b-” rating in a research note on Wednesday, February 1st. B. Riley reaffirmed a “neutral” rating and set a $54.00 price objective on shares of Tupperware Brands in a research note on Sunday, April 23rd. Finally, Sidoti upped their price objective on Tupperware Brands from $77.00 to $83.00 and gave the company a “buy” rating in a research note on Monday. Three investment analysts have rated the stock with a hold rating and two have issued a buy rating to the stock. Tupperware Brands presently has a consensus rating of “Hold” and a consensus target price of $67.60.
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In other news, Chairman E V. Goings sold 54,456 shares of Tupperware Brands stock in a transaction that occurred on Tuesday, May 9th. The stock was sold at an average price of $72.67, for a total transaction of $3,957,317.52. Following the sale, the chairman now owns 9,459 shares of the company’s stock, valued at $687,385.53. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Also, EVP Thomas M. Roehlk sold 26,000 shares of Tupperware Brands stock in a transaction that occurred on Thursday, March 2nd. The shares were sold at an average price of $61.47, for a total value of $1,598,220.00. Following the sale, the executive vice president now directly owns 29,153 shares in the company, valued at approximately $1,792,034.91. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 96,266 shares of company stock worth $6,638,063. Corporate insiders own 3.22% of the company’s stock.
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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