Tupperware Brands (TUP) Earns Daily Coverage Optimism Rating of 0.10
News articles about Tupperware Brands (NYSE:TUP) have trended somewhat positive this week, according to Accern. Accern identifies negative and positive press coverage by analyzing more than 20 million news and blog sources. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Tupperware Brands earned a media sentiment score of 0.10 on Accern’s scale. Accern also gave media stories about the company an impact score of 47.7098331780731 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the immediate future.
NYSE:TUP traded down $0.40 during mid-day trading on Friday, hitting $32.68. 525,808 shares of the stock traded hands, compared to its average volume of 633,760. The stock has a market cap of $1.64 billion, a P/E ratio of 6.96, a P/E/G ratio of 0.64 and a beta of 1.36. Tupperware Brands has a 12-month low of $31.08 and a 12-month high of $66.26. The company has a current ratio of 0.91, a quick ratio of 0.50 and a debt-to-equity ratio of -3.44.
Tupperware Brands (NYSE:TUP) last issued its quarterly earnings data on Wednesday, July 25th. The company reported $1.17 EPS for the quarter, beating the consensus estimate of $1.12 by $0.05. The company had revenue of $535.40 million during the quarter, compared to analysts’ expectations of $548.69 million. Tupperware Brands had a negative net margin of 8.87% and a negative return on equity of 576.26%. Tupperware Brands’s revenue for the quarter was down 6.5% on a year-over-year basis. During the same quarter in the previous year, the company earned $1.21 earnings per share. equities analysts forecast that Tupperware Brands will post 4.26 earnings per share for the current fiscal year.
Several analysts have recently issued reports on TUP shares. Zacks Investment Research raised shares of Tupperware Brands from a “strong sell” rating to a “buy” rating and set a $49.00 price target on the stock in a research report on Tuesday, June 12th. Argus lowered shares of Tupperware Brands from a “hold” rating to a “sell” rating in a research report on Tuesday, July 31st. Four research analysts have rated the stock with a sell rating and four have assigned a hold rating to the stock. The stock has an average rating of “Hold” and an average target price of $53.20.
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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