Tupperware Brands Corporation (NYSE: TUP) was one of the biggest movers in the recent trading session, with the company’s stock currently changing hands at 1.07 points up or 13.26% higher on the previous close. So what do we make of this stock that is clearly one of the hottest on the market now? The TUP stock is trading at $9.14 from a close of $8.07 on 01/15/20. The day’s price range saw the stock hit a low of $8.03, while the highest price level was $9.38 during the intraday trading.
Is the TUP stock going to continue the plunge or will it steady in coming sessions to climb above its 5-day high price of $9.38. Tupperware Brands Corporation (NYSE: TUP) has a 52-week price range of between $7.16 and $38.63. Notably, the reduced performance in the current session comes on the back of condensed market activity for the stock, as its daily trading volume to 4855843, compared to its 3-months daily average volume of 1.62 million. In comparison, the average volume for the last 50 days stands at 1,681,492.
What about the stock’s price forecasts? TUP had 4 analysts who offered their 12-month price predictions for the Tupperware Brands Corporation shares. The group has given the stock a consensus price target of $7.67, with the lowest forecast being put at $5.00. The highest estimate by the 4 analysts is $9.00. The median price target estimate of $9.00 for the stock represents a -1.56% fall in value from the previous price of $9.14. Looking at the 52-week price ranges, the stock’s current price level is 27.65% from its 52-week high price and -76.34% down from its 52-week low in the same period.
Tupperware Brands Corporation shares have surged 11.46% over the past week, but its 1-month performance is in the green at 20.90%. Its performance in the current quarter is down -41.52%, while that figure shoots to -48.65% over the past half-year period. Further, we see that the stock’s 12-month charts show that it has lost by -75.85%, with the year-to-date prices up by 6.53%.
The company has a market cap of 447.49 million and a return on assets (ROA) of 7.40%. In gauging how profitable company analysts and investors look at the respective company’s ROA, with returns above 5% generally regarded as good. Also important is the company’s return on equity (ROE), with TUP’s at -52.90% indicating that the management is able to generate impressive income with whatever equity at their disposal. If you put your money on this stock, then a forecast ROI is at 38.30%.
But what do Wall Street analysts tracking this stock recommend, given that it has 48.96 million shares outstanding? 4 analysts polled have a consensus recommendation rating of 2.50, indicating that TUP is a Underweight stock at the moment. This mean rating was at 2.50 a month ago. Citigroup called it a Neutral stock on December 05, 2019, while BofA/Merrill rated it a Underperform in its note released on June 19, 2019. Of the 4 analysts, 0 analysts rate the TUP stock as Overweight, while 1 of them rated it as a Hold. 0 analysts rate Tupperware Brands Corporation as a Buy, while 1 suggested its Underweight. Only 2 analyst advised investors to sell.
Let’s glean at the company’s earnings forecasts for the current quarter and annual growth estimate for the next 5-year period. The analyst forecasts for this stock’s earnings per share (EPS) for the current quarter (Dec 2019) ranged from a low of $0.44 per share to $0.49 per share. The average estimate by the 3 analysts for the TUP shares was $0.47 a share, while the company’s last-quarter results returned an EPS of $1.33. Looking at the current EPS trends, seven days ago, TUP had its Dec 2019 estimates at $0.47 per share while the stock’s EPS was forecasted at the $0.47, a month ago. However, the company’s EPS growth for this quarter stands at -64.70%, while that growth rate for the next fiscal quarter is forecasted at -30.00%. The annual earnings per share growth for the next five years is estimated to be 12.00%, which compares to the -1.32% recorded in the past five-year period.
Let’s briefly check out revenue growth estimates for the company, which is put at -17.30% in the current quarter. However, the next quarter should see net revenue growth of over -11.90%, with analysts forecasting the company’s 12-month growth estimates at -7.30%. 2 analysts have forecast that Tupperware Brands Corporation will see its revenue growth net between $413.42 million and $423 million for the current quarter. The next quarter should see revenue returns of between $429.45 million and $429.45 million.The average revenue for the quarter is expected at $418.21 million, while for the next quarter, it jumps to $429.45 million. Sales growth for the year are estimated at -7.30%.