Full Answer
Is Tupperware stock a good pick for value investors right now?
Let's see if Tupperware (TUP) stock is a good choice for value-oriented investors right now from multiple angles. Generally speaking long term investing is the way to go. But that doesn't mean long term investors can avoid big... More multifamily development is on its way near Tupperware Brands Corp.'s SunRail station in Osceola County.
Who owns Tupperware Brands?
Company insiders that own Tupperware Brands stock include David R Parker, De Castro Antonio Monteiro, E V Goings, Kriss Cloninger III, Lillian D Garcia, Simon C Hemus, Stein Ove Fenne, Susan M Cameron and Thomas M Roehlk.
Is Tupperware (Tup) out of oversold territory?
Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks. Tupperware (TUP) is technically in oversold territory now, so the heavy selling pressure might have exhausted.
Is Tupperware’s reversal-of-fortunes plan working?
Work is underway on Tupperware Brands Corp.’s reversal-of-fortunes plan, but the firm has improved from its poor performance two years ago.
What is happening to Tupperware?
Tupperware reported first-quarter 2022 revenue of $348.1 million, down 16% from the same quarter of 2021. That number also missed the Wall Street consensus, which was just short of $357 million. On the bottom line Tupperware reported adjusted earnings per share of $0.12, down from $0.81 in the first quarter of 2021.
Will Tupperware stock go up?
Stock Price Forecast The 4 analysts offering 12-month price forecasts for Tupperware Brands Corp have a median target of 13.00, with a high estimate of 25.00 and a low estimate of 12.50. The median estimate represents a +123.75% increase from the last price of 5.81.
Why is Tupperware out of business?
The company attributed the weak performance to Covid-19 lockdowns in China, rising input costs, and sales impacts related to the war in Ukraine. For those same reasons, the company said, it no longer believes it will achieve its full year 2022 targets, and has decided to withdraw its previously issued guidance.
Is Tupperware a good stock to buy?
Tupperware Brands has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on no buy ratings, 2 hold ratings, and no sell ratings.
Is Tupperware publicly traded?
Tupperware Brands is traded on the New York Stock Exchange under the symbol: TUP.
How do I buy stock in Tupperware?
How to buy shares in Tupperware Brands CorporationCompare share trading platforms. Use our comparison table to help you find a platform that fits you.Open your brokerage account. ... Confirm your payment details. ... Research the stock. ... Purchase now or later. ... Check in on your investment.
Does anyone sell Tupperware anymore?
Tupperware is still sold mostly through a party plan, with rewards for hosts and hostesses.
Is Tupperware still being manufactured?
If you were wondering whether Tupperware still exists, and if they even have those parties anymore, the answer is an emphatic yes.
Who owns Tupperware?
Tupperware Brands is not owned by hedge funds. BlackRock, Inc. is currently the company's largest shareholder with 15% of shares outstanding. FMR LLC is the second largest shareholder owning 15% of common stock, and The Vanguard Group, Inc. holds about 7.1% of the company stock.
Did Tupperware pay 2020 dividends?
TUP does not currently pay a dividend.
Strong third-quarter earnings have investors continuing to bid up shares
Howard grew up in Philadelphia watching the Philly sports teams struggle for championships. He has been investing since 1989 and been a Fool since 2001. Prior to joining The Fool as a contract writer in 2019, Howard worked in the steel business as an engineer for 28 years.
What happened
Shares of home and beauty product supplier Tupperware Brands ( NYSE:TUP) jumped 40% early today, and remained near that level as of 11:40 a.m. EDT. The company crushed analyst estimates with strong earnings and revenue gains.
So what
Tupperware reported adjusted earnings of $1.20 per share, almost quadruple its earnings from the year-ago period. Revenue rose 14% (21% in local currency) to $477.2 million, well above analyst estimates of $362.8, according to FactSet. The company credits its turnaround plan for the strong performance.
Now what
The company's plan, as discussed in its second-quarter earnings conference call, includes improving liquidity, addressing its cost structure, and improving Tupperware's core business.
What happened
Shares of Tupperware Brands ( NYSE:TUP) were rising again on Thursday after shooting up on Wednesday. The stock went up yesterday thanks to its earnings release for the third quarter of 2020. But today the stock is likely going up because an analyst raised its price target. As of 1:30 p.m. EDT on Thursday, Tupperware stock was up 13%.
So what
Tupperware released its earnings report yesterday, but its Form 10-Q (the official quarterly report) wasn't filed with the Securities and Exchange Commission until today. However, that's not a compelling explanation for today's move.
Now what
Tupperware is proving a fundamental truth about the stock market: Day-to-day movements are hard to predict. After rising 35% yesterday, I would have guessed it would have pulled back a little today, if anything. But that's why I don't try to invest for a day or even a month.
Zacks Industry Outlook Highlights: Kimberly-Clark Corp, Newell Brands Inc., Albertsons Companies, Inc. and Tupperware Brands Corp
Kimberly-Clark Corp, Newell Brands Inc., Albertsons Companies, Inc. and Tupperware Brands Corp are included in this industry outlook blog.
4 Consumer Products Stocks to Watch Amid Industry Hurdles
The Zacks Consumer Products - Staples industry players are seeing cost inflation and supply-chain disruptions. Nonetheless, solid online sales and saving efforts keep Kimberly-Clark (KMB), Newell Brands (NWL), Albertsons Companies (ACI) and Tupperware Brands (TUP) well positioned.
When will Tupperware release its earnings?
Tupperware Brands is scheduled to release its next quarterly earnings announcement on Wednesday, August 4th 2021. View our earnings forecast for Tupperware Brands.
How much does Tupperware make?
Tupperware Brands has a market capitalization of $1.02 billion and generates $1.74 billion in revenue each year. The company earns $112.20 million in net income (profit) each year or $2.24 on an earnings per share basis.
When is Tupperware earnings call?
Tupperware Brands will be holding an earnings conference call on Wednesday, August 4th at 8:30 AM Eastern. Interested parties can register for or listen to the call using this link.
Stock Price Forecast
The 4 analysts offering 12-month price forecasts for Tupperware Brands Corp have a median target of 30.00, with a high estimate of 40.00 and a low estimate of 16.50. The median estimate represents a +83.60% increase from the last price of 16.34.
Analyst Recommendations
The current consensus among 4 polled investment analysts is to Buy stock in Tupperware Brands Corp. This rating has held steady since December, when it was unchanged from a Buy rating. Move your mouse over past months for detail
