Tupperware Brands Corporation (NYSE:TUP) – Equities research analysts at KeyCorp upped their Q1 2018 earnings per share estimates for Tupperware Brands Corporation in a report issued on Sunday. KeyCorp analyst J. Gere now anticipates that the company will post earnings of $1.12 per share for the quarter, up from their prior estimate of $1.10. KeyCorp also issued estimates for Tupperware Brands Corporation’s Q2 2018 earnings at $1.34 EPS, Q3 2018 earnings at $1.08 EPS, Q4 2018 earnings at $1.69 EPS and FY2018 earnings at $5.23 EPS.
Tupperware Brands Corporation (NYSE:TUP) last issued its quarterly earnings data on Wednesday, July 26th. The company reported $1.21 earnings per share for the quarter, beating analysts’ consensus estimates of $1.20 by $0.01. Tupperware Brands Corporation had a return on equity of 102.71% and a net margin of 7.00%. The firm had revenue of $572.90 million during the quarter, compared to analyst estimates of $580.19 million. During the same quarter last year, the firm earned $1.16 EPS. Tupperware Brands Corporation’s quarterly revenue was up 1.5% on a year-over-year basis. WARNING: “KeyCorp Equities Analysts Boost Earnings Estimates for Tupperware Brands Corporation (TUP)” was posted by Sports Perspectives and is the property of of Sports Perspectives. If you are accessing this article on another site, it was stolen and republished in violation of US & international copyright legislation. The correct version of this article can be viewed at https://sportsperspectives.com/2017/10/11/keycorp-equities-analysts-boost-earnings-estimates-for-tupperware-brands-corporation-tup.html.
Other equities analysts have also recently issued research reports about the company. BidaskClub cut Tupperware Brands Corporation from a “buy” rating to a “hold” rating in a research report on Monday, July 24th. Zacks Investment Research raised Tupperware Brands Corporation from a “sell” rating to a “buy” rating and set a $77.00 price objective for the company in a research report on Thursday, July 13th. TheStreet cut Tupperware Brands Corporation from a “b-” rating to a “c” rating in a research report on Thursday, August 10th. Citigroup Inc. boosted their price objective on Tupperware Brands Corporation from $67.00 to $68.00 and gave the stock a “neutral” rating in a research report on Monday, October 2nd. Finally, ValuEngine cut Tupperware Brands Corporation from a “buy” rating to a “hold” rating in a research report on Friday, September 1st. One investment analyst has rated the stock with a sell rating, four have given a hold rating and one has assigned a buy rating to the company’s stock. The company currently has a consensus rating of “Hold” and an average price target of $68.25.
Shares of Tupperware Brands Corporation (NYSE TUP) traded up 0.15% during midday trading on Tuesday, reaching $61.55. The company’s stock had a trading volume of 15,772 shares. The stock has a market capitalization of $3.13 billion, a P/E ratio of 19.91 and a beta of 1.64. The stock’s 50-day moving average is $59.32 and its 200 day moving average is $65.33. Tupperware Brands Corporation has a 12 month low of $52.32 and a 12 month high of $74.36.
The company also recently declared a quarterly dividend, which was paid on Thursday, October 5th. Shareholders of record on Wednesday, September 20th were issued a $0.68 dividend. The ex-dividend date of this dividend was Tuesday, September 19th. This represents a $2.72 annualized dividend and a yield of 4.43%. Tupperware Brands Corporation’s dividend payout ratio (DPR) is 87.74%.
In other Tupperware Brands Corporation news, EVP Thomas M. Roehlk sold 2,000 shares of the company’s stock in a transaction that occurred on Monday, October 2nd. The stock was sold at an average price of $61.56, for a total value of $123,120.00. Following the completion of the transaction, the executive vice president now owns 12,765 shares of the company’s stock, valued at approximately $785,813.40. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. In the last ninety days, insiders sold 6,000 shares of company stock valued at $361,180. Insiders own 3.14% of the company’s stock.
A number of institutional investors have recently bought and sold shares of the business. Intl Fcstone Inc. acquired a new position in Tupperware Brands Corporation in the 2nd quarter valued at approximately $496,000. Dynamic Technology Lab Private Ltd acquired a new position in Tupperware Brands Corporation in the 2nd quarter valued at approximately $321,000. Public Employees Retirement System of Ohio raised its holdings in Tupperware Brands Corporation by 157.4% in the 2nd quarter. Public Employees Retirement System of Ohio now owns 46,954 shares of the company’s stock valued at $3,298,000 after acquiring an additional 28,715 shares in the last quarter. Verition Fund Management LLC acquired a new position in Tupperware Brands Corporation in the 2nd quarter valued at approximately $459,000. Finally, Ameritas Investment Partners Inc. raised its holdings in Tupperware Brands Corporation by 1.5% in the 2nd quarter. Ameritas Investment Partners Inc. now owns 16,180 shares of the company’s stock valued at $1,136,000 after acquiring an additional 244 shares in the last quarter. 84.98% of the stock is owned by hedge funds and other institutional investors.
Tupperware Brands Corporation 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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