During the last session, Tupperware Brands Corporation (NYSE:TUP)’s traded shares were 1.15 million, with the beta value of the company hitting 2.38. At the end of the trading day, the stock’s price was $7.01, reflecting an intraday gain of 1.30% or $0.09. The 52-week high for the TUP share is $25.44, that puts it down -262.91 from that peak though still a striking 20.97% gain since the share price plummeted to a 52-week low of $5.54. The company’s market capitalization is $309.77M, and the average trade volume was 1.30 million shares over the past three months.
Tupperware Brands Corporation (TUP) received a consensus recommendation of an Overweight from analysts. That translates to a mean rating of 2.40. TUP has a Sell rating from 0 analyst(s) out of 4 analysts who have looked at this stock. 2 analyst(s) recommend to Hold the stock while 0 suggest Overweight, and 2 recommend a Buy rating for it. 0 analyst(s) has rated the stock Underweight. Company’s earnings per share (EPS) for the current quarter are expected to be $0.52.
Tupperware Brands Corporation (NYSE:TUP) trade information
Tupperware Brands Corporation (TUP) registered a 1.30% upside in the last session and has traded in the green over the past 5 sessions. The stock spiked 1.30% in intraday trading to $7.01 this Wednesday, 06/22/22, hitting a weekly high. The stock’s 5-day price performance is 20.65%, and it has moved by 15.87% in 30 days. Based on these gigs, the overall price performance for the year is -68.68%.
The consensus price target of analysts on Wall Street is $14.63, which implies an increase of 52.08% to the stock’s current value. The extremes of the forecast give a target low and a target high price of $8.00 and $25.00 respectively. As a result, TUP is trading at a discount of -256.63% off the target high and -14.12% off the low.
Tupperware Brands Corporation (TUP) estimates and forecasts
Statistics show that Tupperware Brands Corporation has underperformed its competitors in share price, compared to the industry in which it operates. Tupperware Brands Corporation (TUP) shares have gone down -49.35% during the last six months, with a year-to-date growth rate less than the industry average at -39.38% against 3.80. Yet analysts are ramping up their growth forecast for the fiscal year 2022. Revenue is predicted to shrink -36.60% this quarter and then drop -63.20% in the quarter after that. In the rating firms’ projections, revenue will decrease -7.50% compared to the previous financial year.
Revenue for the current quarter is expected to be $348.1 million as predicted by 3 analyst(s). Meanwhile, a consensus of 3 analyst(s) estimates revenue growth to $345 million by the end of Jun 2022.
An analysis of the company’s performance over the past 5 years shows that the company’s earnings shrunk an estimated -7.80%. While earnings are projected to return 38.50% in 2022, the next five years will return 12.00% per annum.
Tupperware Brands Corporation is due to release its next quarterly earnings between March 08 and March 14. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance.
Tupperware Brands Corporation (NYSE:TUP)’s Major holders
Tupperware Brands Corporation insiders own 6.87% of total outstanding shares while institutional holders control 84.09%, with the float percentage being 90.30%. Blackrock Inc. is the largest shareholder of the company, while 264 institutions own stock in it. As of Dec 30, 2021, the company held over 7.94 million shares (or 17.38% of all shares), a total value of $121.38 million in shares.
The next largest institutional holding, with 7.94 million shares, is of Blackrock Inc.’s that is approximately 17.32% of outstanding shares. At the market price on Mar 30, 2022, these shares were valued at $154.4 million.
Also, the Mutual Funds coming in first place with the largest holdings of Tupperware Brands Corporation (TUP) shares are iShares Core S&P Smallcap ETF and Allspring Special Small Cap Value Fund. Data provided on Jan 30, 2022 indicates that iShares Core S&P Smallcap ETF owns about 3.43 million shares. This amounts to just over 7.49 percent of the company’s overall shares, with a $52.94 million market value. The same data shows that the other fund manager holds slightly less at 2.62 million, or about 5.71% of the stock, which is worth about $47.75 million.