A Reversal for Tupperware Brands Corporation (TUP) Is Not Near. The Stock Reaches Yearly Low Today

March 21, 2018 - By Dolores Ford

Investors sentiment increased to 1.23 in Q3 2017. Its up 0.11, from 1.12 in 2017Q2. It improved, as 48 investors sold Tupperware Brands Corporation shares while 91 reduced holdings. 53 funds opened positions while 118 raised stakes. 40.08 million shares or 2.73% less from 41.21 million shares in 2017Q2 were reported.
Whittier Tru Company has invested 0% in Tupperware Brands Corporation (NYSE:TUP). Oregon Public Employees Retirement Fund owns 18,700 shares. Jefferies Grp Inc Inc Ltd Company holds 0.01% or 24,000 shares. Hightower Advsrs Lc stated it has 0.04% of its portfolio in Tupperware Brands Corporation (NYSE:TUP). 368 were accumulated by Pinebridge Invs L P. Swiss Savings Bank reported 0.01% of its portfolio in Tupperware Brands Corporation (NYSE:TUP). Commonwealth Of Pennsylvania Public School Empls Retrmt has 0.01% invested in Tupperware Brands Corporation (NYSE:TUP) for 7,422 shares. Legal And General Group Inc Incorporated Public Ltd reported 69,069 shares. Great West Life Assurance Company Can holds 29,979 shares or 0% of its portfolio. Loews Corporation owns 3,882 shares for 0% of their portfolio. Oppenheimer Asset Management Inc holds 0.03% or 17,195 shares in its portfolio. Principal Gp has invested 0.07% of its portfolio in Tupperware Brands Corporation (NYSE:TUP). 864,094 were reported by Fmr Limited Liability. Vident Investment Advisory Limited Com stated it has 6,849 shares or 0.02% of all its holdings. Oakbrook Investments Ltd stated it has 0.02% of its portfolio in Tupperware Brands Corporation (NYSE:TUP).

Since October 2, 2017, it had 0 insider buys, and 1 sale for $123,123 activity.

The stock of Tupperware Brands Corporation (NYSE:TUP) hit a new 52-week low and has $45.78 target or 3.00 % below today’s $47.20 share price. The 9 months bearish chart indicates high risk for the $2.41B company. The 1-year low was reported on Mar, 21 by Barchart.com. If the $45.78 price target is reached, the company will be worth $72.39 million less.
The 52-week low event is an important milestone for every stock because it shows very negative momentum and is time when sellers come in. During such technical setups, fundamental investors usually stay away and are careful buying the stock.

The stock decreased 0.32% or $0.15 during the last trading session, reaching $47.2. About 510,161 shares traded. Tupperware Brands Corporation (NYSE:TUP) has risen 29.01% since March 21, 2017 and is uptrending. It has outperformed by 12.31% the S&P500.

Analysts await Tupperware Brands Corporation (NYSE:TUP) to report earnings on April, 24. They expect $1.05 earnings per share, up 3.96 % or $0.04 from last year’s $1.01 per share. TUP’s profit will be $53.68 million for 11.24 P/E if the $1.05 EPS becomes a reality. After $1.59 actual earnings per share reported by Tupperware Brands Corporation for the previous quarter, Wall Street now forecasts -33.96 % negative EPS growth.

Tupperware Brands Corporation (NYSE:TUP) Ratings Coverage

Among 9 analysts covering Tupperware Brands Corporation (NYSE:TUP), 1 have Buy rating, 1 Sell and 7 Hold. Therefore 11% are positive. Tupperware Brands Corporation had 23 analyst reports since July 24, 2015 according to SRatingsIntel. The stock of Tupperware Brands Corporation (NYSE:TUP) has “Hold” rating given on Wednesday, January 31 by SunTrust. The rating was maintained by KeyBanc Capital Markets on Monday, September 4 with “Hold”. The stock of Tupperware Brands Corporation (NYSE:TUP) earned “Sell” rating by B. Riley & Co on Monday, November 28. Citigroup maintained it with “Neutral” rating and $56 target in Tuesday, March 13 report. The firm has “Neutral” rating by JP Morgan given on Wednesday, September 2. The firm earned “Underperform” rating on Thursday, February 22 by Bank of America. The stock has “Neutral” rating by Piper Jaffray on Thursday, January 28. The firm has “Underperform” rating given on Thursday, October 8 by Bank of America. The firm has “Neutral” rating by B. Riley & Co given on Tuesday, January 31. The firm has “Hold” rating by KeyBanc Capital Markets given on Tuesday, November 21.

Tupperware Brands Corporation operates as a direct-to-consumer marketer of various products across a range of brands and categories worldwide. The company has market cap of $2.41 billion. The firm engages in the manufacture and sale of design-centric preparation, storage, and serving solutions for the kitchen and home, as well as a line of cookware, knives, microwave products, microfiber textiles, water-filtration related items, and an array of products for on-the-go clients under the Tupperware brand name. It currently has negative earnings. It also makes and distributes skin and hair care products, cosmetics, bath and body care, toiletries, fragrances, jewelry, and nutritional products under the Avroy Shlain, NaturCare, Nutrimetics, Fuller, BeautiControl, Armand Dupree, Fuller Cosmetics, Del Baul de la Abuela, Natural Forte, Fuller Royal Jelly, Nutri-Rich, NC Express, and Nuvo brands.

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