News headlines about Tupperware Brands (NYSE:TUP) have been trending somewhat positive recently, according to Accern Sentiment. The research group rates the sentiment of media coverage by reviewing more than 20 million blog and news sources in real time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Tupperware Brands earned a news sentiment score of 0.21 on Accern’s scale. Accern also assigned news stories about the company an impact score of 47.7107511164097 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the stock’s share price in the next several days.
Here are some of the media headlines that may have impacted Accern’s rankings:
- Citigroup Trims Tupperware Brands (TUP) Target Price to $56.00 (americanbankingnews.com)
- Packaging & Containers Stocks’ Research Reports Released on Tupperware Brands, Ball, Bemis, and Berry Global (forimmediaterelease.net)
- talkshoplive™ Launches The First Ever Live-Streaming Social Selling Network (bizjournals.com)
- Foodservice Equipment Market to Witness Steady Growth at 5.2% CAGR During 2016-2024 (openpr.com)
TUP has been the topic of several recent analyst reports. Zacks Investment Research upgraded shares of Tupperware Brands from a “hold” rating to a “buy” rating and set a $71.00 price objective on the stock in a report on Friday, January 12th. ValuEngine downgraded shares of Tupperware Brands from a “buy” rating to a “hold” rating in a research report on Friday, February 2nd. Citigroup dropped their target price on shares of Tupperware Brands from $62.00 to $56.00 and set a “neutral” rating on the stock in a research report on Tuesday. Morgan Stanley decreased their price target on shares of Tupperware Brands from $72.00 to $66.00 and set an “equal weight” rating for the company in a research note on Thursday, February 1st. Finally, KeyCorp reiterated a “hold” rating on shares of Tupperware Brands in a research note on Saturday, November 25th. Two investment analysts have rated the stock with a sell rating, seven have issued a hold rating and one has assigned a buy rating to the stock. The company has an average rating of “Hold” and a consensus target price of $64.14.
Tupperware Brands (NYSE:TUP) last posted its earnings results on Wednesday, January 31st. The company reported $1.59 EPS for the quarter, topping analysts’ consensus estimates of $1.50 by $0.09. The business had revenue of $588.60 million for the quarter, compared to analysts’ expectations of $601.99 million. Tupperware Brands had a negative net margin of 11.77% and a positive return on equity of 160.65%. The business’s revenue for the quarter was down 2.0% compared to the same quarter last year. During the same period in the previous year, the company posted $1.45 earnings per share. equities research analysts predict that Tupperware Brands will post 5.16 EPS for the current year.
The business also recently declared a quarterly dividend, which will be paid on Thursday, April 5th. Investors of record on Tuesday, March 20th will be paid a $0.68 dividend. The ex-dividend date is Monday, March 19th. This represents a $2.72 dividend on an annualized basis and a dividend yield of 5.38%. Tupperware Brands’s dividend payout ratio (DPR) is presently -52.21%.
In related news, EVP Thomas M. Roehlk sold 2,000 shares of the company’s stock in a transaction dated Tuesday, January 2nd. The shares were sold at an average price of $62.43, for a total value of $124,860.00. Following the completion of the sale, the executive vice president now owns 6,765 shares of the company’s stock, valued at $422,338.95. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. 3.14% of the stock is currently owned by corporate insiders.
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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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