Tupperware Brands Corp. (NYSE:TUP) CFO Michael Poteshman unloaded 2,000 shares of Tupperware Brands Corp. stock in a transaction dated Friday, November 1st. The stock was sold at an average price of $89.91, for a total value of $179,820.00. Following the sale, the chief financial officer now directly owns 40,576 shares of the company’s stock, valued at approximately $3,648,188. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link.
Tupperware Brands Corp. (NYSE:TUP) traded up 0.03% on Monday, hitting $90.97. 98,348 shares of the company’s stock traded hands. Tupperware Brands Corp. has a 52 week low of $60.41 and a 52 week high of $94.98. The stock’s 50-day moving average is $88.02 and its 200-day moving average is $83.41. The company has a market cap of $4.680 billion and a price-to-earnings ratio of 19.02.
Tupperware Brands Corp. (NYSE:TUP) last announced its earnings results on Wednesday, October 23rd. The company reported $1.00 earnings per share for the quarter, missing the analysts’ consensus estimate of $1.03 by $0.03. The company had revenue of $603.00 million for the quarter, compared to the consensus estimate of $622.85 million. During the same quarter last year, the company posted $0.95 earnings per share. Tupperware Brands Corp.’s revenue was up 1.5% compared to the same quarter last year. Analysts expect that Tupperware Brands Corp. will post $5.49 EPS for the current fiscal year.
TUP has been the subject of a number of recent research reports. Analysts at BMO Capital Markets cut their price target on shares of Tupperware Brands Corp. from $91.00 to $88.00 in a research note to investors on Thursday, October 24th. They now have a “market perform” rating on the stock. Separately, analysts at Bank of America Corp. downgraded shares of Tupperware Brands Corp. to a “neutral” rating in a research note to investors on Wednesday, October 23rd. Six equities research analysts have rated the stock with a hold rating and four have issued a buy rating to the company. The company has a consensus rating of “Hold” and a consensus target price of $84.33.
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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