Tupperware Brands Corporation (NYSE:TUP) – KeyCorp raised their Q4 2018 earnings per share (EPS) estimates for Tupperware Brands Corporation in a report issued on Wednesday. KeyCorp analyst J. Gere now expects that the company will post earnings of $1.64 per share for the quarter, up from their previous estimate of $1.63.

Tupperware Brands Corporation (NYSE:TUP) last posted its earnings results on Wednesday, July 26th. The company reported $1.21 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $1.20 by $0.01. Tupperware Brands Corporation had a return on equity of 102.71% and a net margin of 7.00%. The firm had revenue of $572.90 million for the quarter, compared to analyst estimates of $580.19 million. During the same quarter in the prior year, the company earned $1.16 EPS. Tupperware Brands Corporation’s revenue was up 1.5% on a year-over-year basis.

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TUP has been the subject of a number of other research reports. ValuEngine downgraded Tupperware Brands Corporation from a “buy” rating to a “hold” rating in a research report on Friday, September 1st. Zacks Investment Research downgraded Tupperware Brands Corporation from a “buy” rating to a “hold” rating in a research report on Saturday, July 29th. BidaskClub downgraded Tupperware Brands Corporation from a “strong-buy” rating to a “buy” rating in a research report on Thursday, July 13th. Finally, TheStreet downgraded Tupperware Brands Corporation from a “b-” rating to a “c” rating in a research report on Thursday, August 10th. One research analyst has rated the stock with a sell rating, three have assigned a hold rating and one has assigned a buy rating to the stock. The stock presently has a consensus rating of “Hold” and a consensus target price of $71.33.

Tupperware Brands Corporation (NYSE TUP) traded up 1.41% during trading on Friday, reaching $58.21. The company had a trading volume of 172,639 shares. The company has a market capitalization of $2.96 billion, a P/E ratio of 18.83 and a beta of 1.62. Tupperware Brands Corporation has a 12 month low of $52.32 and a 12 month high of $74.36. The firm’s 50 day moving average is $59.86 and its 200-day moving average is $65.37.

Several institutional investors and hedge funds have recently modified their holdings of the business. Intl Fcstone Inc. acquired a new position in shares of Tupperware Brands Corporation during the second quarter worth about $496,000. Dynamic Technology Lab Private Ltd acquired a new position in shares of Tupperware Brands Corporation during the second quarter worth about $321,000. Public Employees Retirement System of Ohio lifted its stake in shares of Tupperware Brands Corporation by 157.4% during the second quarter. Public Employees Retirement System of Ohio now owns 46,954 shares of the company’s stock worth $3,298,000 after purchasing an additional 28,715 shares in the last quarter. Verition Fund Management LLC acquired a new position in shares of Tupperware Brands Corporation during the second quarter worth about $459,000. Finally, Ameritas Investment Partners Inc. lifted its stake in shares of Tupperware Brands Corporation by 1.5% during the second quarter. Ameritas Investment Partners Inc. now owns 16,180 shares of the company’s stock worth $1,136,000 after purchasing an additional 244 shares in the last quarter. Institutional investors own 86.32% of the company’s stock.

In other Tupperware Brands Corporation news, EVP Thomas M. Roehlk sold 2,000 shares of the business’s stock in a transaction dated Tuesday, August 1st. The stock was sold at an average price of $60.49, for a total transaction of $120,980.00. Following the transaction, the executive vice president now owns 16,765 shares in the company, valued at $1,014,114.85. The sale was disclosed in a legal filing with the SEC, which is available at the SEC website. In the last 90 days, insiders have sold 6,000 shares of company stock worth $379,400. 3.22% of the stock is currently owned by insiders.

The company also recently declared a quarterly dividend, which will be paid on Thursday, October 5th. Shareholders of record on Wednesday, September 20th will be given a dividend of $0.68 per share. This represents a $2.72 dividend on an annualized basis and a yield of 4.74%. The ex-dividend date is Tuesday, September 19th. Tupperware Brands Corporation’s dividend payout ratio (DPR) is presently 87.74%.

About Tupperware Brands Corporation

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.

Earnings History and Estimates for Tupperware Brands Corporation (NYSE:TUP)

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