Tupperware Brands Corporation (NYSE:TUP) saw an upside of 18.29% to close Monday at $2.91 after adding $0.45 on the day. The 5-day average trading volume is 15,151,300 shares of the company’s common stock. It has gained $3.58 in the past week and touched a new high 1 time within the past 5 days. An average of 58,528,895 shares of the company has been traded in the last 20 days, and the 50-day average volume stands at 27,473,184.
TUP’s 1-month performance is 223.33% or $2.01 on its low of $1.16 reached on 07/24/23. The company’s shares have touched a 52-week low of $0.61 and high of $12.24, with the stock’s rally to the 52-week high happening on 08/01/23. YTD, TUP has lost -29.71% or -$1.23 and has reached a new high 6 times. However, the current price is down -76.23% from the 52-week high price.
Valuation Metrics
TUP stock has a beta of 2.82. Moving on to other valuation ratios, the trailing price-to-sales (P/S) ratio is 0.10.
Tupperware Brands Corporation’s quick ratio for the period ended December 30 was 0.60, with the current ratio over the same period at 1.30. In terms of profitability, the gross margin trailing 12 months is 64.10%. The trailing 12-month EBITDA margin is 9.93% while for the period ending December 30, Tupperware Brands Corporation’s operating margin was 10.10%. The firm’s gross profit as reported stood at $836.4 million against revenue of $1.31 billion.
Earnings Surprise
For the quarterly period ending December 30 this year, Net income and sales went up compared to those figures reported in the previous quarter. Net income grew 612.5% to $16.8 million, while revenue of $1.2 million was 92.86% off the previous quarter. Analysts expected TUP to announce $0.29 per share in earnings in its latest quarter, but it posted -$0.24, representing a -182.80% surprise. TUP stock balance sheet for the quarter ending December 30 shows that total liabilities totaled 1.14 billion, with total debt at $705.4 million.
Let’s look briefly at Tupperware Brands Corporation (TUP) price momentum from a technical analysis perspective. The 9-day relative strength index as at close on 21 August was 46.60% to suggest the stock is trending Neutral, with historical volatility in this time period at 156.12%.
The stock’s 5-day moving average is $2.81, reflecting a -19.17% or -$0.69 change from its current price. TUP is currently trading +84.18% above its 20-day SMA, +25.97% above its 100-day SMA. However, the stock’s current price level is away from the SMA50 by +239.64% and SMA200 by-62.35%.
Stochastic %K and %D was 11.62% and 10.45% and the average true range (ATR) pointed at 0.75. The RSI (14) points at 50.50%, while the 14-day stochastic is at 23.25% with the period’s ATR at 0.71. The stock’s 9-day MACD Oscillator is pointing at -0.66 and -1.07 on the 14-day charts.
Analyst Ratings
In the most recent analyst report for Tupperware Brands Corporation (NYSE: TUP), DA Davidson downgraded it to a Neutral rating. They previously had a Buy rating on the stock.
What is TUP’s price target for the next 12 months?
Analysts have a consensus price target ranging from a low of $4.00 and a high of $4.00, with their median price target at $4.00. Looking at these predictions, the average price target given by analysts is for Tupperware Brands Corporation (TUP) stock is $4.00.
