Tupperware Brands Corp. (NYSE:TUP) – Research analysts at B. Riley dropped their Q1 2017 EPS estimates for shares of Tupperware Brands Corp. in a research report issued on Monday. B. Riley analyst L. Weiser now expects that the brokerage will post earnings per share of $0.98 for the quarter, down from their prior forecast of $1.17. B. Riley has a “Sell” rating and a $47.00 price target on the stock. B. Riley also issued estimates for Tupperware Brands Corp.’s Q2 2017 earnings at $1.19 EPS, Q3 2017 earnings at $0.92 EPS and Q4 2017 earnings at $1.51 EPS.

A number of other equities analysts have also recently commented on the stock. Zacks Investment Research raised shares of Tupperware Brands Corp. from a “sell” rating to a “hold” rating in a report on Wednesday, August 3rd. TheStreet cut shares of Tupperware Brands Corp. from a “buy” rating to a “hold” rating in a report on Friday, October 21st. Finally, Piper Jaffray Cos. reaffirmed a “neutral” rating and issued a $61.00 target price on shares of Tupperware Brands Corp. in a report on Thursday, August 4th. One equities research analyst has rated the stock with a sell rating, six have issued a hold rating and one has assigned a buy rating to the stock. The company currently has a consensus rating of “Hold” and an average target price of $59.14.

Earnings History and Estimates for Tupperware Brands Corp. (NYSE:TUP)

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Shares of Tupperware Brands Corp. (NYSE:TUP) opened at 55.44 on Tuesday. The stock has a 50 day moving average of $59.87 and a 200-day moving average of $60.65. Tupperware Brands Corp. has a 12 month low of $42.60 and a 12 month high of $66.90. The firm has a market capitalization of $2.80 billion, a PE ratio of 13.87 and a beta of 1.72.

Tupperware Brands Corp. (NYSE:TUP) last issued its earnings results on Wednesday, October 19th. The company reported $0.87 EPS for the quarter, beating the Zacks’ consensus estimate of $0.80 by $0.07. The business earned $521.80 million during the quarter, compared to analysts’ expectations of $528.14 million. Tupperware Brands Corp. had a net margin of 9.20% and a return on equity of 124.54%. The company’s quarterly revenue was up .2% compared to the same quarter last year. During the same period in the prior year, the business earned $0.79 earnings per share.

Institutional investors have recently bought and sold shares of the stock. Independent Portfolio Consultants Inc. raised its stake in shares of Tupperware Brands Corp. by 42.3% in the third quarter. Independent Portfolio Consultants Inc. now owns 1,800 shares of the company’s stock valued at $118,000 after buying an additional 535 shares during the last quarter. Creative Planning raised its stake in shares of Tupperware Brands Corp. by 7.3% in the third quarter. Creative Planning now owns 1,803 shares of the company’s stock valued at $118,000 after buying an additional 122 shares during the last quarter. TLP Group LLC bought a new stake in shares of Tupperware Brands Corp. during the third quarter valued at approximately $130,000. Tower Research Capital LLC TRC raised its stake in shares of Tupperware Brands Corp. by 132.7% in the second quarter. Tower Research Capital LLC TRC now owns 2,630 shares of the company’s stock valued at $148,000 after buying an additional 1,500 shares during the last quarter. Finally, Tompkins Financial Corp raised its stake in shares of Tupperware Brands Corp. by 3.8% in the second quarter. Tompkins Financial Corp now owns 2,765 shares of the company’s stock valued at $156,000 after buying an additional 100 shares during the last quarter. Hedge funds and other institutional investors own 88.72% of the company’s stock.

COPYRIGHT VIOLATION WARNING: “Tupperware Brands Corp. Forecasted to Earn Q1 2017 Earnings of $0.98 Per Share (TUP)” was reported by The Cerbat Gem and is the sole property of of The Cerbat Gem. If you are reading this article on another domain, it was illegally stolen and reposted in violation of U.S. & international trademark & copyright law. The correct version of this article can be viewed at https://www.thecerbatgem.com/2016/12/01/tupperware-brands-corp-forecasted-to-earn-q1-2017-earnings-of-0-98-per-share-tup.html.

In related news, EVP Thomas M. Roehlk sold 2,000 shares of Tupperware Brands Corp. stock in a transaction on Tuesday, November 1st. The shares were sold at an average price of $58.94, for a total value of $117,880.00. Following the transaction, the executive vice president now directly owns 35,800 shares in the company, valued at approximately $2,110,052. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, insider Allan Dando sold 620 shares of Tupperware Brands Corp. stock in a transaction on Tuesday, November 8th. The shares were sold at an average price of $59.82, for a total transaction of $37,088.40. Following the completion of the transaction, the insider now owns 2,863 shares in the company, valued at $171,264.66. The disclosure for this sale can be found here. 3.22% of the stock is currently owned by corporate insiders.

The company also recently disclosed a quarterly dividend, which will be paid on Friday, January 6th. Investors of record on Tuesday, December 20th will be given a $0.68 dividend. The ex-dividend date of this dividend is Friday, December 16th. This represents a $2.72 dividend on an annualized basis and a yield of 4.91%. Tupperware Brands Corp.’s dividend payout ratio (DPR) is 68.00%.

About Tupperware Brands Corp.

Tupperware Brands Corporation is engaged in the manufacture and sale of Tupperware products, and cosmetics and personal care products. The Company’s segments are Europe, Asia Pacific, Tupperware North America, Beauty North America and South America. The Europe, Asia Pacific and Tupperware North America segments include design-centric preparation, storage and serving solutions for the kitchen and home through the Tupperware brand.

5 Day Chart for NYSE:TUP

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