Tupperware Brands Corporation (NYSE:TUP) finished Friday with a subtraction of -$0.17 to close at $1.40, a downside of -10.83 percent. An average of 1,454,380 shares of common stock have been traded in the last five days. There was a fall of -$0.2600 in the past week, and it reached a new high 5 times over the past 12 months. The last 20 days have seen an average of 2,755,970 shares traded, while the 50-day average volume stands at 28,249,006.
TUP stock has decreased by -44.00% in the last month. The company shares reached their 1-month lowest point of $1.3800 on 09/29/23. With the stock rallying to its 52-week high on 08/01/23, shares of the company touched a low of $0.61 and a high of $8.00 in 52 weeks. It has reached a new high 6 times so far this year and lost -66.18% or -$2.7400 in price. In spite of this, the price is down -82.50% from the 52-week high.
Valuation Metrics
Tupperware Brands Corporation (TUP) stock’s beta is 2.86. Other valuation ratios to consider include the trailing price-to-sales (P/S) ratio at 0.05.
Financial Health
The quick ratio of Tupperware Brands Corporation for the three months ended December 30 was 0.62, and the current ratio was 1.31, indicating that the company is not able to meet its debt obligations. Its gross profit as reported stood at $836.4 million compared to revenue of $1.31 billion.
Earnings Surprise
For the three-month period that ended December 30, Tupperware Brands Corporation had $687.8 million in total debt. In the quarter under review, the net income was up than the previous quarter. The company posted a net income of $16.8 million in the quarter, while revenues of $1.2 million were grew 612.5%. The analyst consensus anticipated Tupperware Brands Corporation’s latest quarter earnings to come in at $0.29 per share, but it turned out to be -$0.24, a -182.80% surprise.
Technical Picture
From a technical analysis perspective, let’s take a brief look at Tupperware Brands Corporation (TUP) price momentum. RSI 9-day as of the close on 29 September was 23.42%, suggesting the stock is oversold, with historical volatility in this time frame at 85.92%.
As of today, TUP’s price is $1.5340 -15.66% or -$0.2600 from its 5-day moving average. TUP is currently trading -43.78% lower than its 20-day SMA and +77.22% higher than its 100-day SMA. However, the stock’s current price level is +110.40% above the SMA50 and -66.35% below the SMA200.
The stochastic %K and %D were 4.05% and 5.76%, respectively, and the average true range (ATR) was 0.1983. With the 14-day stochastic at 2.08% and the average true range at 0.2515, the RSI (14) stands at 32.00%. The stock has reached -0.1367 on the 9-day MACD Oscillator while the 14-day reading was at -0.2940.
Analyst Ratings
DA Davidson downgraded Tupperware Brands Corporation (NYSE: TUP) to a a Neutral rating in its most recent analyst report. Previously, the stock was rated as a Buy. The consensus rating for Tupperware Brands Corporation (TUP) among analysts is Hold. According to current brokerage recommendations, 0 brokerage firms advise that investors sell TUP, while 1 suggest investors hold. There are 0 analysts who rate the stock as underweight. The stock is rated overweight by 0 analysts, while 0 others rate it as a “buy”.
What is TUP’s price target for the next 12 months?
Analysts predict a range of price targets between $4.00 and $4.00, with a median target of $4.00. Taking a look at these predictions, the average price target given by analysts for Tupperware Brands Corporation (TUP) stock is $4.00.
