Wall Street analysts expect Tupperware Brands Corporation (NYSE:TUP) to report sales of $601.45 million for the current fiscal quarter, Zacks reports. Two analysts have made estimates for Tupperware Brands Corporation’s earnings, with estimates ranging from $597.30 million to $605.60 million. Tupperware Brands Corporation posted sales of $600.90 million during the same quarter last year, which would indicate a positive year over year growth rate of 0.1%. The company is scheduled to report its next earnings report on Wednesday, February 7th.

On average, analysts expect that Tupperware Brands Corporation will report full year sales of $601.45 million for the current fiscal year, with estimates ranging from $2.26 billion to $2.27 billion. For the next financial year, analysts anticipate that the firm will post sales of $2.33 billion per share, with estimates ranging from $2.32 billion to $2.34 billion. Zacks Investment Research’s sales calculations are an average based on a survey of sell-side analysts that follow Tupperware Brands Corporation.

Tupperware Brands Corporation (NYSE:TUP) last posted its quarterly earnings results on Wednesday, October 25th. The company reported $1.03 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.94 by $0.09. The business had revenue of $539.50 million for the quarter, compared to the consensus estimate of $538.80 million. Tupperware Brands Corporation had a return on equity of 101.23% and a net margin of 6.18%. The company’s quarterly revenue was up 3.4% compared to the same quarter last year. During the same quarter in the previous year, the business earned $0.87 EPS.

Several analysts have weighed in on the company. Zacks Investment Research upgraded Tupperware Brands Corporation from a “sell” rating to a “hold” rating in a research note on Saturday, October 28th. SunTrust Banks, Inc. reiterated a “hold” rating and set a $65.00 price target on shares of Tupperware Brands Corporation in a research note on Friday, October 27th. TheStreet upgraded Tupperware Brands Corporation from a “c” rating to a “b-” rating in a research note on Wednesday, October 25th. ValuEngine upgraded Tupperware Brands Corporation from a “hold” rating to a “buy” rating in a research note on Thursday, October 26th. Finally, Morgan Stanley boosted their price target on Tupperware Brands Corporation from $71.00 to $72.00 and gave the company an “equal weight” rating in a research note on Thursday, October 26th. One analyst has rated the stock with a sell rating, six have assigned a hold rating and two have assigned a buy rating to the company. Tupperware Brands Corporation currently has a consensus rating of “Hold” and an average price target of $68.33.

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Shares of Tupperware Brands Corporation (NYSE TUP) opened at $60.13 on Friday. The company has a debt-to-equity ratio of 2.56, a quick ratio of 0.52 and a current ratio of 0.98. The firm has a market capitalization of $3,032.38, a PE ratio of 12.68, a price-to-earnings-growth ratio of 1.05 and a beta of 1.72. Tupperware Brands Corporation has a one year low of $52.32 and a one year high of $74.36.

The firm also recently declared a quarterly dividend, which will be paid on Friday, January 5th. Investors of record on Wednesday, December 20th will be issued a $0.68 dividend. The ex-dividend date is Tuesday, December 19th. This represents a $2.72 dividend on an annualized basis and a yield of 4.52%. Tupperware Brands Corporation’s payout ratio is 98.91%.

In related news, EVP Thomas M. Roehlk sold 2,000 shares of the company’s stock in a transaction dated Wednesday, November 1st. The stock was sold at an average price of $59.39, for a total value of $118,780.00. Following the completion of the transaction, the executive vice president now owns 10,765 shares of the company’s stock, valued at approximately $639,333.35. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Chairman E V. Goings sold 44,600 shares of the company’s stock in a transaction dated Wednesday, November 1st. The stock was sold at an average price of $59.26, for a total value of $2,642,996.00. Following the completion of the transaction, the chairman now directly owns 54,059 shares of the company’s stock, valued at approximately $3,203,536.34. The disclosure for this sale can be found here. Insiders sold a total of 50,600 shares of company stock valued at $3,001,976 in the last ninety days. 3.22% of the stock is currently owned by insiders.

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Cetera Advisor Networks LLC acquired a new position in Tupperware Brands Corporation in the 3rd quarter worth about $201,000. Dana Investment Advisors Inc. raised its holdings in Tupperware Brands Corporation by 23.1% in the 3rd quarter. Dana Investment Advisors Inc. now owns 43,008 shares of the company’s stock worth $2,659,000 after purchasing an additional 8,076 shares during the period. Coldstream Capital Management Inc. acquired a new position in Tupperware Brands Corporation in the 3rd quarter worth about $666,000. California Public Employees Retirement System raised its holdings in Tupperware Brands Corporation by 7.0% in the 3rd quarter. California Public Employees Retirement System now owns 139,788 shares of the company’s stock worth $8,642,000 after purchasing an additional 9,199 shares during the period. Finally, Janney Montgomery Scott LLC raised its holdings in Tupperware Brands Corporation by 39.5% in the 3rd quarter. Janney Montgomery Scott LLC now owns 12,884 shares of the company’s stock worth $797,000 after purchasing an additional 3,647 shares during the period. 85.39% of the stock is owned by institutional investors.

About Tupperware Brands Corporation

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.

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

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