Tupperware Brands (NYSE:TUP) Earning Somewhat Positive News Coverage, Accern Reports

Headlines about Tupperware Brands (NYSE:TUP) have been trending somewhat positive on Thursday, Accern Sentiment Analysis reports. Accern scores the sentiment of press coverage by reviewing more than 20 million news and blog sources in real time. Accern ranks coverage of companies on a scale of negative one to one, with scores closest to one being the most favorable. Tupperware Brands earned a news impact score of 0.21 on Accern’s scale. Accern also gave news headlines about the company an impact score of 47.7107511164097 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the next several days.

Here are some of the headlines that may have impacted Accern’s analysis:

NYSE:TUP traded up $1.10 on Thursday, reaching $48.38. 470,171 shares of the stock were exchanged, compared to its average volume of 791,803. Tupperware Brands has a fifty-two week low of $46.14 and a fifty-two week high of $74.36. The company has a debt-to-equity ratio of -5.07, a quick ratio of 0.56 and a current ratio of 0.96. The stock has a market cap of $2,413.73, a P/E ratio of -9.29, a P/E/G ratio of 0.76 and a beta of 1.57.

Tupperware Brands (NYSE:TUP) last issued its quarterly earnings results on Wednesday, January 31st. The company reported $1.59 EPS for the quarter, topping the Zacks’ consensus estimate of $1.50 by $0.09. The company had revenue of $588.60 million during the quarter, compared to analysts’ expectations of $601.99 million. Tupperware Brands had a positive return on equity of 160.65% and a negative net margin of 11.77%. The firm’s revenue was down 2.0% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $1.45 EPS. analysts predict that Tupperware Brands will post 5.16 EPS for the current fiscal year.

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, April 5th. Stockholders of record on Tuesday, March 20th will be issued a $0.68 dividend. The ex-dividend date of this dividend is Monday, March 19th. This represents a $2.72 annualized dividend and a dividend yield of 5.62%. Tupperware Brands’s dividend payout ratio (DPR) is presently -52.21%.

Several research analysts recently weighed in on TUP shares. Zacks Investment Research upgraded Tupperware Brands from a “hold” rating to a “buy” rating and set a $71.00 target price on the stock in a research note on Wednesday, December 13th. ValuEngine upgraded Tupperware Brands from a “hold” rating to a “buy” rating in a research note on Thursday, January 4th. SunTrust Banks dropped their target price on Tupperware Brands to $64.00 and set a “hold” rating on the stock in a research note on Thursday, February 1st. Morgan Stanley dropped their target price on Tupperware Brands from $72.00 to $66.00 and set an “equal weight” rating on the stock in a research note on Thursday, February 1st. Finally, Bank of America dropped their target price on Tupperware Brands from $63.00 to $55.00 and set an “underperform” rating on the stock in a research note on Thursday, February 22nd. Two equities research analysts have rated the stock with a sell rating, seven have assigned a hold rating and one has issued a buy rating to the stock. Tupperware Brands has a consensus rating of “Hold” and a consensus price target of $64.14.

In other news, EVP Thomas M. Roehlk sold 2,000 shares of the business’s stock in a transaction dated Tuesday, January 2nd. The stock was sold at an average price of $62.43, for a total value of $124,860.00. Following the completion of the transaction, the executive vice president now owns 6,765 shares of the company’s stock, valued at approximately $422,338.95. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Insiders own 3.22% of the company’s stock.

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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.

Insider Buying and Selling by Quarter for Tupperware Brands (NYSE:TUP)

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