Tupperware Brands Corporation Draws Bearish Options Activity Today

 Tupperware Brands Corporation Draws Bearish Options Activity Today

In today’s session Tupperware Brands Corporation (TUP) recorded an unusually high (4,084) contracts volume of put trades. Someone, most probably a professional was a very active buyer of the January, 2017 put, expecting serious TUP decrease. With 4,084 contracts traded and 2504 open interest for the Jan, 17 contract, it seems this is a quite bearish bet. The option with symbol: TUP170120P00050000 closed last at: $0.75 or 25% up. About 28,683 shares traded hands. Tupperware Brands Corporation (NYSE:TUP) has declined 5.54% since April 28, 2016 and is downtrending. It has underperformed by 11.46% the S&P500.

Analysts await Tupperware Brands Corporation (NYSE:TUP) to report earnings on January, 25. They expect $1.40 earnings per share, up 3.70% or $0.05 from last year’s $1.35 per share. TUP’s profit will be $68.07M for 9.95 P/E if the $1.40 EPS becomes a reality. After $0.87 actual earnings per share reported by Tupperware Brands Corporation for the previous quarter, Wall Street now forecasts 60.92% EPS growth.

Tupperware Brands Corporation (NYSE:TUP) Ratings Coverage

Out of 5 analysts covering Tupperware Brands Corporation (NYSE:TUP), 0 rate it a “Buy”, 2 “Sell”, while 3 “Hold”. This means 0 are positive. $67 is the highest target while $47 is the lowest. The $54.67 average target is -1.92% below today’s ($55.74) stock price. Tupperware Brands Corporation has been the topic of 12 analyst reports since July 24, 2015 according to StockzIntelligence Inc. The stock of Tupperware Brands Corporation (NYSE:TUP) earned “Neutral” rating by Citigroup on Friday, March 18. The stock of Tupperware Brands Corporation (NYSE:TUP) earned “Underperform” rating by Bank of America on Thursday, October 8. The stock has “Neutral” rating given by JP Morgan on Wednesday, September 2. B. Riley & Co maintained it with “Neutral” rating and $64 target price in Friday, October 21 report. KeyBanc Capital Markets downgraded the shares of TUP in a report on Friday, February 26 to “Sector Weight” rating. The stock of Tupperware Brands Corporation (NYSE:TUP) has “” rating given on Tuesday, July 19 by Citigroup. B. Riley & Co maintained the stock with “Neutral” rating in Thursday, October 22 report. The firm has “Neutral” rating by B. Riley & Co given on Thursday, April 21. The company was downgraded on Monday, November 28 by B. Riley & Co. The stock of Tupperware Brands Corporation (NYSE:TUP) earned “Neutral” rating by Piper Jaffray on Thursday, January 28.

According to Zacks Investment Research, “Tupperware Brands Corporation is a global direct seller of premium, innovative products across multiple brands and categories through an independent sales force. Product brands and categories include design-centric preparation, storage and serving solutions for the kitchen and home through the Tupperware brand and beauty and personal care products through its Avroy Shlain, BeautiControl, Fuller, NaturCare, Nutrimetics, Nuvo and Swissgarde brands.”

Insitutional Activity: The institutional sentiment increased to 1.34 in Q2 2016. Its up 0.23, from 1.11 in 2016Q1. The ratio increased, as 49 funds sold all Tupperware Brands Corporation shares owned while 91 reduced positions. 38 funds bought stakes while 118 increased positions. They now own 45.27 million shares or 1.27% less from 45.85 million shares in 2016Q1.
Prudential Fin Inc holds 0.02% or 178,904 shares in its portfolio. Wfg Advsr Ltd Partnership reported 3 shares or 0% of all its holdings. First Midwest Savings Bank Division accumulated 0.05% or 7,858 shares. Bahl Gaynor accumulated 13,625 shares or 0.01% of the stock. Texas Permanent School Fund holds 0.03% or 38,616 shares in its portfolio. Cornerstone Cap Ltd Limited Liability Company accumulated 0.06% or 132,340 shares. Moreover, Americafirst Capital has 0% invested in Tupperware Brands Corporation (NYSE:TUP) for 2,789 shares. Tower Research Cap Ltd Llc (Trc) has invested 0.01% of its portfolio in Tupperware Brands Corporation (NYSE:TUP). Foyston Gordon & Payne has 216,691 shares for 2.22% of their US portfolio. The Texas-based Teacher Retirement Systems Of Texas has invested 0% in Tupperware Brands Corporation (NYSE:TUP). Vulcan Value Ptnrs Limited Liability owns 588,189 shares or 0.33% of their US portfolio. Burney holds 0.08% or 19,954 shares in its portfolio. Virginia Retirement Et Al has invested 0.11% of its portfolio in Tupperware Brands Corporation (NYSE:TUP). Da Davidson Company last reported 2,049 shares in the company. Rhumbline Advisers has invested 0.02% of its portfolio in Tupperware Brands Corporation (NYSE:TUP).

Insider Transactions: Since June 15, 2016, the stock had 0 insider buys, and 12 insider sales for $10.97 million net activity. $131,684 worth of Tupperware Brands Corporation (NYSE:TUP) shares were sold by ROEHLK THOMAS M. 917 shares were sold by GUPTA ASHA, worth $57,496. The insider DANDO ALLAN sold 620 shares worth $37,086. $119,534 worth of Tupperware Brands Corporation (NYSE:TUP) was sold by WRIGHT WILLIAM J on Monday, November 28. $622,272 worth of Tupperware Brands Corporation (NYSE:TUP) shares were sold by MARTINEZ ANGEL R. $9.37 million worth of Tupperware Brands Corporation (NYSE:TUP) was sold by GOINGS E V on Friday, July 22.

Tupperware Brands Corporation is engaged in the manufacture and sale of Tupperware products, and cosmetics and personal care products. The company has a market cap of $2.71 billion. The Company’s divisions are Europe, Asia Pacific, Tupperware North America, Beauty North America and South America. It has a 13.94 P/E ratio. The Europe, Asia Pacific and Tupperware North America divisions include design-centric preparation, storage and serving solutions for the kitchen and home through the Tupperware brand.

TUP Company Profile

Tupperware Brands Corporation (Tupperware Brands), incorporated on February 8, 1996, is a global direct-to-consumer firm engaged in the manufacture and sale of Tupperware products, and cosmetics and personal care products. The Firm operates through five divisions in three geographic regions: Europe (Europe, Africa and the Middle East), Asia Pacific and the Americas. The Company’s divisions are Europe, Asia Pacific, Tupperware North America, Beauty North America and South America. The Company’s Europe, Asia Pacific and Tupperware North America divisions include primarily design-centric preparation, storage and serving solutions for the kitchen and home through the Tupperware brand. The Europe segment includes Avroy Shlain, which sells beauty and personal care products. The Asia Pacific segment sells beauty and personal care products under the NaturCare, Nutrimetics and Fuller brands. The Company’s Beauty North America segment offers cosmetics, skin care and personal care products marketed under the BeautiControl brand in the United States, Canada and Puerto Rico, and the Armand Dupree and Fuller Cosmetics brands in Mexico and Central America. The Company’s South America segment offers both housewares and beauty products under the Armand Dupree, Fuller, Nuvo and Tupperware brands.

More notable recent Tupperware Brands Corporation (NYSE:TUP) news were published by: Prnewswire.com which released: “Tupperware Brands Corporation Announces Third Quarter 2016 Earnings Conference …” on September 22, 2016, also Prnewswire.com with their article: “Tupperware Brands Appoints Stitzel President and Chief Operating Officer and …” published on September 27, 2016, Prnewswire.com published: “Tupperware Brands Corporation Announces Second Quarter 2016 Earnings …” on June 16, 2016. More interesting news about Tupperware Brands Corporation (NYSE:TUP) were released by: Fool.com and their article: “Why Tupperware Brands Corporation Shares Tanked” published on January 27, 2016 as well as Streetinsider.com‘s news article titled: “Form 4 TUPPERWARE BRANDS CORP For: Nov 28 Filed by: WRIGHT WILLIAM J” with publication date: November 30, 2016.

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