Wall Street brokerages expect that Tupperware Brands Co. (NYSE:TUP) will post earnings per share (EPS) of $1.50 for the current fiscal quarter, according to Zacks Investment Research. Two analysts have provided estimates for Tupperware Brands’ earnings. The lowest EPS estimate is $1.48 and the highest is $1.51. Tupperware Brands reported earnings per share of $1.45 during the same quarter last year, which would suggest a positive year-over-year growth rate of 3.4%. The company is expected to report its next quarterly earnings report before the market opens on Wednesday, January 31st.
On average, analysts expect that Tupperware Brands will report full-year earnings of $4.73 per share for the current financial year, with EPS estimates ranging from $4.68 to $4.76. For the next year, analysts expect that the firm will post earnings of $5.15 per share, with EPS estimates ranging from $4.95 to $5.30. Zacks Investment Research’s EPS averages are an average based on a survey of sell-side analysts that cover Tupperware Brands.
Tupperware Brands (NYSE:TUP) last issued its quarterly earnings data on Wednesday, October 25th. The company reported $1.03 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.94 by $0.09. Tupperware Brands had a return on equity of 101.23% and a net margin of 6.18%. The company had revenue of $539.50 million for the quarter, compared to the consensus estimate of $538.80 million. During the same quarter last year, the business posted $0.87 earnings per share. The firm’s revenue was up 3.4% compared to the same quarter last year.
In related news, EVP Thomas M. Roehlk sold 2,000 shares of the stock in a transaction on Tuesday, January 2nd. The stock was sold at an average price of $62.43, for a total value of $124,860.00. Following the transaction, the executive vice president now owns 6,765 shares of the company’s stock, valued at $422,338.95. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, Chairman E V. Goings sold 44,600 shares of the stock in a transaction on Wednesday, November 1st. The shares were 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 in the company, valued at approximately $3,203,536.34. The disclosure for this sale can be found here. In the last three months, insiders sold 50,600 shares of company stock worth $3,010,776. 3.14% of the stock is owned by insiders.
Several large investors have recently made changes to their positions in TUP. Huber Capital Management LLC grew its stake in shares of Tupperware Brands by 44.3% during the third 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 last quarter. Teachers Advisors LLC grew its stake in shares of Tupperware Brands by 439.0% during the second quarter. Teachers Advisors LLC now owns 277,596 shares of the company’s stock valued at $19,496,000 after buying an additional 226,091 shares during the last quarter. Thrivent Financial For Lutherans grew its stake in shares of Tupperware Brands by 34.9% during the second quarter. Thrivent Financial For Lutherans now owns 533,091 shares of the company’s stock valued at $37,439,000 after buying an additional 137,790 shares during the last quarter. Quantitative Investment Management LLC bought a new position in shares of Tupperware Brands during the second quarter valued at about $9,235,000. Finally, HPM Partners LLC grew its stake in shares of Tupperware Brands by 1,449.2% during the second quarter. HPM Partners LLC now owns 108,446 shares of the company’s stock valued at $1,008,000 after buying an additional 101,446 shares during the last quarter. 83.71% of the stock is currently owned by hedge funds and other institutional investors.
Shares of Tupperware Brands (NYSE:TUP) traded down $0.05 during mid-day trading on Friday, hitting $63.40. The company had a trading volume of 308,600 shares, compared to its average volume of 372,200. The company has a quick ratio of 0.52, a current ratio of 0.98 and a debt-to-equity ratio of 2.56. Tupperware Brands has a one year low of $53.65 and a one year high of $74.36. The stock has a market capitalization of $3,230.00, a P/E ratio of 23.05, a PEG ratio of 1.03 and a beta of 1.75.
The company also recently announced a quarterly dividend, which was paid on Friday, January 5th. Investors of record on Wednesday, December 20th were paid a $0.68 dividend. The ex-dividend date was Tuesday, December 19th. This represents a $2.72 dividend on an annualized basis and a yield of 4.29%. Tupperware Brands’s dividend payout ratio is presently 98.91%.
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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.
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