Tupperware Brands Co. (NYSE:TUP) – Equities researchers at KeyCorp lowered their Q1 2018 EPS estimates for shares of Tupperware Brands in a report issued on Tuesday. KeyCorp analyst J. Gere now expects that the company will earn $1.03 per share for the quarter, down from their prior estimate of $1.04. KeyCorp has a “Hold” rating on the stock. KeyCorp also issued estimates for Tupperware Brands’ Q2 2018 earnings at $1.24 EPS, FY2018 earnings at $5.10 EPS, Q1 2019 earnings at $1.12 EPS, Q2 2019 earnings at $1.34 EPS, Q3 2019 earnings at $1.20 EPS, Q4 2019 earnings at $1.77 EPS and FY2019 earnings at $5.42 EPS.

Tupperware Brands (NYSE:TUP) last announced its earnings results on Wednesday, January 31st. The company reported $1.59 EPS for the quarter, beating analysts’ consensus estimates of $1.50 by $0.09. The business had revenue of $588.60 million for the quarter, compared to analysts’ expectations of $601.99 million. Tupperware Brands had a negative net margin of 11.77% and a positive return on equity of 159.90%. The company’s quarterly revenue was down 2.0% on a year-over-year basis. During the same period in the previous year, the company posted $1.45 EPS.

A number of other equities analysts have also recently commented on the stock. ValuEngine cut shares of Tupperware Brands from a “buy” rating to a “hold” rating in a report on Friday, February 2nd. Morgan Stanley cut their target price on shares of Tupperware Brands from $72.00 to $66.00 and set an “equal weight” rating on the stock in a report on Thursday, February 1st. SunTrust Banks cut their target price on shares of Tupperware Brands to $64.00 and set a “hold” rating on the stock in a report on Thursday, February 1st. Finally, Zacks Investment Research cut shares of Tupperware Brands from a “buy” rating to a “hold” rating in a report on Thursday, January 25th. One equities research analyst has rated the stock with a sell rating, seven have assigned a hold rating and one has assigned a buy rating to the company’s stock. Tupperware Brands presently has an average rating of “Hold” and an average price target of $67.67.

Tupperware Brands (TUP) opened at $50.11 on Thursday. The company has a market cap of $2,550.00, a price-to-earnings ratio of -9.62, a PEG ratio of 0.83 and a beta of 1.49. Tupperware Brands has a 1-year low of $50.02 and a 1-year high of $74.36. The company has a debt-to-equity ratio of -5.19, a current ratio of 1.06 and a quick ratio of 0.52.

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, April 5th. Shareholders of record on Tuesday, March 20th will be paid a $0.68 dividend. The ex-dividend date is Monday, March 19th. This represents a $2.72 annualized dividend and a yield of 5.43%. Tupperware Brands’s dividend payout ratio is currently -52.21%.

In other Tupperware Brands news, EVP Thomas M. Roehlk sold 2,000 shares of the business’s stock in a transaction on Tuesday, January 2nd. The shares were sold at an average price of $62.43, for a total value of $124,860.00. Following the transaction, the executive vice president now directly owns 6,765 shares of the company’s stock, valued at approximately $422,338.95. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Insiders own 3.22% of the company’s stock.

A number of institutional investors and hedge funds have recently made changes to their positions in TUP. Huber Capital Management LLC increased its stake in Tupperware Brands by 44.3% in the 3rd quarter. Huber Capital Management LLC now owns 904,724 shares of the company’s stock valued at $55,930,000 after buying an additional 277,660 shares during the period. Assenagon Asset Management S.A. acquired a new position in Tupperware Brands in the 4th quarter valued at $10,262,000. Strs Ohio acquired a new position in Tupperware Brands in the 3rd quarter valued at $6,182,000. JPMorgan Chase & Co. increased its stake in Tupperware Brands by 90.6% in the 3rd quarter. JPMorgan Chase & Co. now owns 191,578 shares of the company’s stock valued at $11,730,000 after buying an additional 91,088 shares during the period. Finally, Twin Capital Management Inc. acquired a new position in Tupperware Brands in the 3rd quarter valued at $4,951,000. 84.12% of the stock is currently owned by institutional investors.

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About Tupperware Brands

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 (NYSE:TUP)

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