Tupperware Brands Corporation (NYSE:TUP) – Stock analysts at KeyCorp decreased their FY2017 earnings per share estimates for Tupperware Brands Corporation in a note issued to investors on Wednesday. KeyCorp analyst J. Gere now expects that the company will earn $4.71 per share for the year, down from their previous estimate of $4.72. KeyCorp also issued estimates for Tupperware Brands Corporation’s FY2018 earnings at $5.06 EPS.

A number of other equities analysts also recently commented on TUP. Zacks Investment Research upgraded Tupperware Brands Corporation from a “hold” rating to a “buy” rating and set a $70.00 price objective on the stock in a report on Thursday, April 6th. B. Riley restated a “neutral” rating and issued a $54.00 price objective on shares of Tupperware Brands Corporation in a report on Sunday, April 23rd. Finally, Sidoti raised their price objective on Tupperware Brands Corporation from $77.00 to $83.00 and gave the stock a “buy” rating in a report on Monday, May 22nd. One equities research analyst has rated the stock with a sell rating, three have given a hold rating and one has given a buy rating to the company’s stock. The company currently has an average rating of “Hold” and an average price target of $68.20.

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Tupperware Brands Corporation (TUP) opened at 69.58 on Monday. The firm has a market capitalization of $3.53 billion, a P/E ratio of 15.54 and a beta of 1.64. Tupperware Brands Corporation has a 52-week low of $52.32 and a 52-week high of $74.36. The firm has a 50-day moving average price of $71.31 and a 200 day moving average price of $63.32.

Tupperware Brands Corporation (NYSE:TUP) last issued its quarterly earnings data on Tuesday, April 25th. The company reported $1.01 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.94 by $0.07. The firm had revenue of $554.80 million for the quarter, compared to analyst estimates of $532.58 million. Tupperware Brands Corporation had a net margin of 10.15% and a return on equity of 107.77%. Tupperware Brands Corporation’s revenue was up 5.5% on a year-over-year basis. During the same period in the previous year, the firm earned $0.91 EPS.

Several large investors have recently made changes to their positions in the stock. Barnett & Company Inc. increased its stake in shares of Tupperware Brands Corporation by 1.8% in the first quarter. Barnett & Company Inc. now owns 8,550 shares of the company’s stock valued at $536,000 after buying an additional 150 shares during the last quarter. Flinton Capital Management LLC increased its stake in shares of Tupperware Brands Corporation by 6.4% in the first quarter. Flinton Capital Management LLC now owns 2,912 shares of the company’s stock valued at $183,000 after buying an additional 176 shares during the last quarter. Oregon Public Employees Retirement Fund increased its stake in shares of Tupperware Brands Corporation by 1.1% in the first quarter. Oregon Public Employees Retirement Fund now owns 17,640 shares of the company’s stock valued at $1,106,000 after buying an additional 200 shares during the last quarter. State Treasurer State of Michigan increased its stake in shares of Tupperware Brands Corporation by 1.0% in the first quarter. State Treasurer State of Michigan now owns 20,587 shares of the company’s stock valued at $1,291,000 after buying an additional 200 shares during the last quarter. Finally, Advantus Capital Management Inc increased its stake in shares of Tupperware Brands Corporation by 3.2% in the first quarter. Advantus Capital Management Inc now owns 6,487 shares of the company’s stock valued at $407,000 after buying an additional 204 shares during the last quarter. Institutional investors and hedge funds own 90.21% of the company’s stock.

In related news, insider Lillian D. Garcia sold 2,000 shares of the firm’s stock in a transaction dated Thursday, April 27th. The stock was sold at an average price of $72.38, for a total transaction of $144,760.00. Following the sale, the insider now directly owns 9,914 shares in the company, valued at approximately $717,575.32. The sale was disclosed in a document filed with the SEC, which is accessible through this link. Also, SVP Josef Hajek sold 414 shares of the firm’s stock in a transaction dated Friday, April 28th. The shares were sold at an average price of $71.80, for a total value of $29,725.20. Following the sale, the senior vice president now owns 3,568 shares in the company, valued at $256,182.40. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 83,737 shares of company stock worth $6,075,920. Company insiders own 3.22% of the company’s stock.

The business also recently announced a quarterly dividend, which was paid on Thursday, July 6th. Investors of record on Tuesday, June 20th were issued a dividend of $0.68 per share. The ex-dividend date of this dividend was Friday, June 16th. This represents a $2.72 annualized dividend and a dividend yield of 3.91%. Tupperware Brands Corporation’s payout ratio is currently 60.85%.

Tupperware Brands Corporation 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.

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

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