The stock of Tupperware Brands Corporation (NYSE:TUP) decreased by -$0.16 on Monday to finish at $2.35, down -6.37 percent. The last five days have seen an average of 5,043,920 shares of common stock traded. 6 times new highs were reached in the current year, with a fall of -$1.79. The average number of shares traded over the last 20 days was 30,721,432, while the average volume over the last 50 days totaled 27,822,920.
TUP stock dropped -23.70% since last month. On 08/18/23, the company’s shares reached a one-month low of $2.08. The stock touched a high of $12.24 on 08/01/23, after rallying from a low of $0.61 in 52 weeks. The price of TUP stock has declined by -43.24% or -$1.79 this year, reaching a new high 6 times. Still, the stock price is down -80.80% from the 52-week high.
Insider Transactions
TUP stock investors should be aware that Tupperware Brands Corporation (TUP) stock had its last reported insider trading activity 298 days ago on Nov 04. On Nov 04, Executive Vice Chair GOUDIS RICHARD acquired 254,500 shares at $3.93 each. This transaction resulted in the insider spending $1,000,134. On Nov 04, Fernandez Calero Miguel Angel added 24,000 shares at a price of US$4.23. After the transaction, the insider now owns 485,965 shares.
Valuation Metrics
Company paid $0.27 per share in dividends, remained unchanged from $0.27 last year.
Financial Health
For the three months ended December 30, Tupperware Brands Corporation’s quick ratio was 0.60, while its current ratio was 1.30, indicating its inability to pay off its debt. As far as profitability goes, gross margin for the trailing twelve months is 64.10% percent. Tupperware Brands Corporation’s EBITDA margin for the year ended December 30 was 9.93%, whereas its operating margin stood at 10.10% for the same period. Based on annual data, it had gross profit of $836.4 million and revenue of $1.31 billion.
Investors will also look at the performance of the company’s management in order to determine the potential profitability of their investment. TUP’s return on assets (ROA) during the last 12 months has been -5.30%. There was a 37.40% return on investment (ROI) in the past year. In the meantime, the return on equity (ROE) for the last 12 months was 30.30%.
Earnings Surprise
According to Tupperware Brands Corporation’s quarterly financial report for the quarter that ended December 30. A higher net income was reported in the quarter under review than the previous quarter. Net income for the quarter came in at $302.8 million, while revenues fell by -24.47% to $340.4 million. It was predicted that Tupperware Brands Corporation’s quarterly earnings would be -$0.24, but it ended up being $0.29, beating the consensus by -182.80%. At the end of Tupperware Brands Corporation’s most recent quarter ended December 30, its liabilities totaled 1.14 billion, while its total debt was $705.4 million.
Technical Picture
Here’s a quick look at Tupperware Brands Corporation’s (TUP) price momentum from a technical perspective. As of 28 August, the RSI 9-day stood at 39.12%, suggesting the stock is Neutral, with a 160.78% historical volatility rate.
The stochastic %K and %D were 12.59% and 14.23% respectively, while the average true range (ATR) was 0.54. Based on the 14-day stochastic reading of 9.41%, the RSI (14) reading is 45.11%. On the 9-day MACD Oscillator, the stock is at -0.11, and the 14-day reading is at -0.52.
Analyst Ratings
Tupperware Brands Corporation (NYSE: TUP) was downgraded by DA Davidson to a a Neutral rating in its latest research report. The stock was previously rated as a a Buy. Analysts have assigned Tupperware Brands Corporation (TUP) an Hold rating. TUP is a stock that is recommended for selling by 0 brokerage firms, while 1 companies recommend holding. The stock is underweighted by 0 analysts. Among the analysts who rate the stock, 0 rates it overweight and 0 others recommend it as a buy.
What is TUP’s price target for the next 12 months?
The current consensus forecast for the stock is between $4.00 and $4.00, with a median target price of $4.00. In analyzing these forecasts, the average price target given by analysts for Tupperware Brands Corporation (TUP) is $4.00.
