Financial Analysts Evaluate Tupperware Brands Q1 2023 Earnings Report

During the Q1 2023 earnings report of Tupperware Brands Co. (NYE:TUP), DA Davidson decreased their earnings per share estimate to $0.02 from their prior estimate of $0.25. Additionally, they have a “Neutral” rating and a $3.00 price objective on the stock. The company missed analysts’ consensus estimates of $0.29 by ($0.53) with a negative return on equity of 11.11% and a negative net margin of 1.36%. The company’s revenue was $313.70 million during the quarter, down by 20.6% compared to the same quarter last year. On a positive note, Tupperware Brands’ stock rose by 0.4%. Hedge funds have also modified their holdings of the stock.

TUP Ratings by Stock Target Advisor

Tupperware Brands Stock Analysis

According to stock market analysts’ predictions, the average target price for Tupperware Brands Corporation over the next 12 months is USD 5.17, based on forecasts from three analysts. The average rating given by the analysts is “Hold.” Additionally, Stock Target Advisor has conducted its own analysis of the company’s stock and deemed it “Slightly Bearish,” considering five positive signals and seven negative signals. At the end of the last trading day, Tupperware Brands Corporation’s stock price was USD 2.48. The company’s stock price has experienced a decline of -29.75% over the past week, -40.53% over the past month, and -86.05% over the past year.

TUP Ratings by Stock Target Advisor

Company Overview

Tupperware Brands Corporation is a global consumer products company that specializes in the manufacturing, marketing, and sale of innovative, design-driven solutions for home and kitchen use. Their product line includes cookware, knives, microwave products, microfiber textiles, water-filtration related items, and products designed for on-the-go consumers under the Tupperware brand name. The company sells its products through independent sales force members, such as independent distributors, directors, managers, and dealers in approximately 70 countries worldwide. Founded in 1946 as Tupperware Corporation, the company changed its name to Tupperware Brands Corporation in December 2005. The company’s headquarters is located in Orlando, Florida.

Top Trending Stocks

AVG Analyst Rating STA Analysis
StockTargetAdvisor
Buy
StockTargetAdvisor
Slightly Bullish
StockTargetAdvisor
Strong Buy
StockTargetAdvisor
Slightly Bullish
N/A
StockTargetAdvisor
Bearish
N/A
StockTargetAdvisor
Slightly Bullish
N/A N/A
StockTargetAdvisor
Strong Buy
StockTargetAdvisor
Bullish
StockTargetAdvisor
Strong Buy
StockTargetAdvisor
Neutral
StockTargetAdvisor
Buy
StockTargetAdvisor
Neutral
StockTargetAdvisor
Buy
StockTargetAdvisor
Slightly Bearish
StockTargetAdvisor
Buy
StockTargetAdvisor
Bullish
Ad
Ad

Leave a Reply

Your email address will not be published. Required fields are marked *