Tupperware Brands (TUP) Receiving Somewhat Positive Press Coverage, Analysis Finds

News stories about Tupperware Brands (NYSE:TUP) have trended somewhat positive this week, Accern Sentiment Analysis reports. The research group scores the sentiment of news coverage by monitoring more than 20 million news and blog sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Tupperware Brands earned a media sentiment score of 0.20 on Accern’s scale. Accern also gave press coverage about the company an impact score of 47.2570683788141 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the stock’s share price in the near future.

These are some of the news stories that may have impacted Accern Sentiment Analysis’s analysis:

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TUP stock opened at $48.38 on Friday. Tupperware Brands has a twelve month low of $46.14 and a twelve month high of $74.36. The stock has a market cap of $2,473.04, a P/E ratio of 10.00, a PEG ratio of 0.78 and a beta of 1.57. The company has a debt-to-equity ratio of -5.07, a quick ratio of 0.56 and a current ratio of 0.96.

Tupperware Brands (NYSE:TUP) last released its earnings results on Wednesday, January 31st. The company reported $1.59 earnings per share for the quarter, topping analysts’ consensus estimates of $1.50 by $0.09. Tupperware Brands had a positive return on equity of 160.65% and a negative net margin of 11.77%. The business had revenue of $588.60 million for the quarter, compared to the consensus estimate of $601.99 million. During the same period last year, the business earned $1.45 earnings per share. The firm’s revenue for the quarter was down 2.0% compared to the same quarter last year. sell-side analysts predict that Tupperware Brands will post 5.16 earnings per share for the current fiscal year.

The company also recently announced a quarterly dividend, which will be paid on Thursday, April 5th. Investors of record on Tuesday, March 20th will be given a dividend of $0.68 per share. This represents a $2.72 dividend on an annualized basis and a yield of 5.62%. The ex-dividend date of this dividend is Monday, March 19th. Tupperware Brands’s dividend payout ratio (DPR) is presently 56.20%.

Several analysts recently issued reports on TUP shares. SunTrust Banks cut their price objective on Tupperware Brands to $64.00 and set a “hold” rating for the company in a report on Thursday, February 1st. Zacks Investment Research lowered Tupperware Brands from a “buy” rating to a “sell” rating in a report on Wednesday, December 27th. ValuEngine upgraded Tupperware Brands from a “hold” rating to a “buy” rating in a research note on Thursday, January 4th. Bank of America dropped their price objective on Tupperware Brands from $63.00 to $55.00 and set an “underperform” rating on the stock in a research note on Thursday, February 22nd. Finally, Morgan Stanley dropped their price objective on Tupperware Brands from $72.00 to $66.00 and set an “equal weight” rating on the stock in a research note on Thursday, February 1st. Two analysts have rated the stock with a sell rating, seven have assigned a hold rating and one has issued a buy rating to the company’s stock. The company presently has a consensus rating of “Hold” and an average price target of $64.14.

In related news, EVP Thomas M. Roehlk sold 2,000 shares of Tupperware Brands stock in a transaction dated Tuesday, January 2nd. The stock was sold at an average price of $62.43, for a total transaction of $124,860.00. Following the sale, the executive vice president now directly owns 6,765 shares of the company’s stock, valued at $422,338.95. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. 3.22% of the stock is owned by company insiders.

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Tupperware Brands 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.

Insider Buying and Selling by Quarter for Tupperware Brands (NYSE:TUP)

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