Tupperware Brands Reaches New 12-Month Low at $73.73 (TUP)
Shares of Tupperware Brands (NYSE:TUP) hit a new 52-week low on Friday , AR Network reports. The company traded as low as $73.73 and last traded at $74.01, with a volume of 534,537 shares trading hands. The stock had previously closed at $76.20.
Separately, analysts at JPMorgan Chase & Co. reiterated an “overweight” rating on shares of Tupperware Brands in a research note on Thursday. They now have a $81.00 price target on the stock, down previously from $91.00. Five analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. Tupperware Brands has an average rating of “Hold” and a consensus target price of $87.56.
The stock has a 50-day moving average of $83.44 and a 200-day moving average of $83.08. The company has a market cap of $3.710 billion and a P/E ratio of 16.42.
Tupperware Brands (NYSE:TUP) last announced its earnings results on Wednesday, July 23rd. The company reported $1.47 earnings per share (EPS) for the quarter, meeting the consensus estimate of $1.47. The company had revenue of $674.00 million for the quarter, compared to the consensus estimate of $687.82 million. During the same quarter in the previous year, the company posted $1.46 earnings per share. The company’s revenue for the quarter was down 2.0% on a year-over-year basis. On average, analysts predict that Tupperware Brands will post $5.54 earnings per share for the current fiscal year.
Tupperware Brands Corporation (NYSE:TUP) is a global direct seller of products across multiple brands and categories through an independent sales force of 2.
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