Tupperware Brands Corporation (TUP) can make a big difference with a little luck

Tupperware Brands Corporation (NYSE: TUP) stock fell -11.98% on Monday to $1.69 against a previous-day closing price of $1.92. With 3.8 million shares changed hands, the volume of the stock remained lighter than its average volume of 22.69 million shares. During the session, the Packaging & Containers company that operates in wider Consumer Cyclical sector, reached to the highest price of $1.9800 whereas the lowest price it dropped to was $1.6800. The 52-week range on TUP shows that it touched its highest point at $8.80 and its lowest point at $0.61 during that stretch. It currently has a 1-year price target of $4.00. Beta for the stock currently stands at 2.80.

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Price Performance and Earnings:

Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of TUP was down-trending over the past week, with a drop of -25.88%, but this was down by -30.17% over a month. Three-month performance surged to 85.49% while six-month performance fell -25.55%. The stock lost -81.03% in the past year, while it has lost -59.18% so far this year. EPS is expected to grow by 12.00% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of -7.80%.

Float and Shares Shorts:

At present, 44.50 million TUP shares are outstanding with a float of 39.46 million shares on hand for trading. On Aug 30, 2023, short shares totaled 8.01 million, which was 18.01% higher than short shares on Jul 30, 2023. In addition to Mr. Miguel Angel Fernandez as the firm’s Pres, CEO & Director, Mr. Richard P. Goudis serves as its Exec. Vice Chairman.

Institutional Ownership:

Through their ownership of 60.82% of TUP’s outstanding shares, institutional investors have majority control over the company. Other institutions hold 26.02% of TUP, in contrast to 17.69% held by mutual funds. Shares owned by individuals account for 11.34%. As the largest shareholder in TUP with 7.49% of the stake, Charles Schwab Investment Managem holds 3,330,763 shares worth 3,330,763. A second-largest stockholder of TUP, The Vanguard Group, Inc., holds 2,243,308 shares, controlling over 5.04% of the firm’s shares. D. E. Shaw & Co. LP is the third largest shareholder in TUP, holding 2,128,534 shares or 4.79% stake. With a 5.79% stake in TUP, the Schwab Fundamental US Small Compa is the largest stakeholder. A total of 2,572,964 shares are owned by the mutual fund manager. The Vanguard Total Stock Market ETF, which owns about 3.01% of TUP stock, is the second-largest Mutual Fund holder. It holds 1,336,831 shares valued at 3.33 million. Schwab Fundamental US Small Compa holds 1.43% of the stake in TUP, owning 635,879 shares worth 1.58 million.

An Overview of Recent Financials:

Understanding a company as a customer does not mean you will understand it as an investor. The wise investor uses quantitative research to analyze metrics such as revenue, net income, and earnings. In its fiscal quarter reported on Dec 30, 2022, TUP reported revenue of $340.40M and operating income of $33.80M. The EBITDA in the recently reported quarter was $34.30M and diluted EPS was $0.02.

Analysts Ratings:

Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for TUP since 0 analysts follow the stock currently. In the same way, a target price assigned to a stock can also reveal much about its potential. With TUP analysts setting a high price target of $4.00 and a low target of $4.00, the average target price over the next 12 months is $4.00. Based on these targets, TUP could surge 136.69% to reach the target high and rise by 136.69% to reach the target low. Reaching the average price target will result in a growth of 136.69% from current levels.

EPS: Estimates vs Actual

It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy.

Summary of Insider Activity:

Insiders traded TUP stock several times over the past three months with 0 Buys and 1 Sells. In these transactions, 0 shares were bought while 1,910 shares were sold. The number of buy transactions has increased to 24 while that of sell transactions has risen to 15 over the past year. The total number of shares bought during that period was 1,642,530 while 79,069 shares were sold.

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