Zacks Investment Research upgraded shares of Tupperware Brands (NYSE:TUP) from a sell rating to a hold rating in a report issued on Saturday.

According to Zacks, “Tupperware Brands is the leading global marketer of innovative, premium products across multiple brands utilizing a social selling method through an independent sales force of 3.2 million. Product brands and categories include design-centric preparation, storage and serving solutions for the kitchen and home through the Tupperware brand and beauty and personal care products through the Avroy Shlain, BeautiControl, Fuller Cosmetics, NaturCare, Nutrimetics, and Nuvo brands. Tupperware Brands’ growth comes from its worldwide sales force, and for over 65 years they have made an unwavering commitment to Enlighten, Educate and Empower women and their families across the globe. “

Several other equities research analysts have also recently issued reports on the stock. Morgan Stanley lifted their target price on shares of Tupperware Brands from $71.00 to $72.00 and gave the stock an equal weight rating in a research note on Thursday, October 26th. KeyCorp reaffirmed a hold rating on shares of Tupperware Brands in a research note on Thursday, October 12th. SunTrust Banks reaffirmed a hold rating and set a $65.00 target price on shares of Tupperware Brands in a research note on Friday, October 27th. ValuEngine raised shares of Tupperware Brands from a hold rating to a buy rating in a research note on Thursday, October 26th. Finally, Citigroup lifted their target price on shares of Tupperware Brands from $67.00 to $68.00 and gave the stock a neutral rating in a research note on Monday, October 2nd. One investment analyst has rated the stock with a sell rating, six have issued a hold rating and two have given a buy rating to the company’s stock. Tupperware Brands currently has a consensus rating of Hold and an average price target of $68.83.

Shares of Tupperware Brands (TUP) opened at $63.59 on Friday. Tupperware Brands has a one year low of $53.65 and a one year high of $74.36. The stock has a market cap of $3,240.00, a price-to-earnings ratio of 23.12, a P/E/G ratio of 1.03 and a beta of 1.75. The company has a quick ratio of 0.52, a current ratio of 0.98 and a debt-to-equity ratio of 2.56.

Tupperware Brands (NYSE:TUP) last released its quarterly earnings results on Wednesday, October 25th. The company reported $1.03 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.94 by $0.09. Tupperware Brands had a net margin of 6.18% and a return on equity of 101.23%. The firm had revenue of $539.50 million for the quarter, compared to analysts’ expectations of $538.80 million. During the same quarter last year, the company earned $0.87 EPS. The firm’s revenue for the quarter was up 3.4% compared to the same quarter last year. equities analysts expect that Tupperware Brands will post 4.75 earnings per share for the current fiscal year.

The business also recently declared a quarterly dividend, which was paid on Friday, January 5th. Stockholders of record on Wednesday, December 20th were issued a dividend of $0.68 per share. The ex-dividend date of this dividend was Tuesday, December 19th. This represents a $2.72 annualized dividend and a dividend yield of 4.28%. Tupperware Brands’s dividend payout ratio is presently 98.91%.

In other news, Chairman E V. Goings sold 44,600 shares of Tupperware Brands stock in a transaction on Wednesday, November 1st. The stock was sold at an average price of $59.26, for a total transaction of $2,642,996.00. Following the transaction, the chairman now owns 54,059 shares in the company, valued at approximately $3,203,536.34. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, EVP Thomas M. Roehlk sold 2,000 shares of Tupperware Brands stock in a transaction on Tuesday, January 2nd. The stock was sold at an average price of $62.43, for a total value of $124,860.00. Following the transaction, the executive vice president now owns 6,765 shares in the company, valued at approximately $422,338.95. The disclosure for this sale can be found here. In the last quarter, insiders have sold 50,600 shares of company stock worth $3,010,776. Insiders own 3.14% of the company’s stock.

Institutional investors and hedge funds have recently modified their holdings of the stock. Intl Fcstone Inc. purchased a new stake in Tupperware Brands in the 2nd quarter valued at about $496,000. Fox Run Management L.L.C. raised its holdings in Tupperware Brands by 83.5% in the 3rd quarter. Fox Run Management L.L.C. now owns 15,600 shares of the company’s stock valued at $964,000 after buying an additional 7,100 shares during the period. Martingale Asset Management L P raised its holdings in Tupperware Brands by 4.1% in the 2nd quarter. Martingale Asset Management L P now owns 181,372 shares of the company’s stock valued at $12,738,000 after buying an additional 7,212 shares during the period. First Trust Advisors LP raised its holdings in Tupperware Brands by 17.5% in the 3rd quarter. First Trust Advisors LP now owns 181,347 shares of the company’s stock valued at $11,211,000 after buying an additional 27,060 shares during the period. Finally, HPM Partners LLC raised its holdings in Tupperware Brands by 1,449.2% in the 2nd quarter. HPM Partners LLC now owns 108,446 shares of the company’s stock valued at $1,008,000 after buying an additional 101,446 shares during the period. Hedge funds and other institutional investors own 83.71% of the company’s stock.

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Tupperware Brands Company Profile

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.

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Analyst Recommendations for Tupperware Brands (NYSE:TUP)

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