Geometry Dash APK Hill Climb Racing APK
50.7 F
New York
Tuesday, April 20, 2021

Tupperware Brands Corporation (NYSE:TUP) is Holding Steady

Must read

Grayscale Ethereum Trust (ETH) (OTCMKTS:ETHE) Attracts Buyers As Ethereum Passes $1600

The rally in cryptocurrencies over the past few weeks has been quite remarkable. Although Bitcoin, the world’s biggest cryptocurrency by market cap,...

Rolls-Royce Holding PLC ADR (OTCMKTS:RYCEY) Needs to Turn the Tide Soon

The coronavirus pandemic had unleashed complete chaos in the capital markets in 2020 and that resulted in many stocks hit historic lows...

CytoDyn Inc (OTCMKTS:CYDY) Stock Hits 7-Month High on Registration News

In the past year or so, many biotech companies have come into focus among investors due to their work on vaccines and...

Ozop Energy Solutions Inc (OTCMKTS:OZSC) Looks Energized in 2021

There have been some remarkable rallies in the stock market in recent weeks and one of the more eye-catching ones has been...

Tupperware Brands Corporation (TUP) shares are trading at lower $31.72 and the avg recommendation for the stock is Moderate Buy, while the current analyst price target stands at $37.33.

To add more color to this target, the company’s high over the last year is $34.09 and the low is $1.15. Over the last 52 weeks, TUP is up 229.39% while the S&P 500 is up 7.65%. The catalyst for this interesting swing was the company’s recent earnings report.

A Notable Earnings Report

In the last quarter, TUP reported a profit of $325.1 million. Tupperware Brands Corporation also saw revenues increase to $477.2 million. In addition, TUP has free cash flow of $91.1 million as of 09-2020. The company’s EBITDA came in at $67.2 million which compares well with its peers.

TUP booked profit margins of 1.10%, its Return on Equity (ROE) is -6.40%, and its Return on Assets is 1.50%. All told, it is clear that, TUP needs to be on your watchlist.

Find out when TUP reaches critical levels. Subscribe to Right Now by entering your Email in the box below.

Of course, we must look beyond the financials and question how well those numbers represent the sustainable earnings power of the business. Investors need to know how sustainable this current run. TUP has a short ratio of 1.56 and outstanding shares of 49.10M.

Company Outlook

TUP has seen increased volume after this news and investors are putting their support behind the value proposition. Furthermore, 10-day volume stands at 5.43 million and more growth is possible in the weeks ahead. Traders will also note the company’s earnings per share came in at 0.33. Tupperware Brands Corporation TUP also noted assets of $1.19 billion at the end of the last quarter. Investors should also keep an eye on sector updates as TUP has historically followed its peers on positive news.

All told, Tupperware Brands Corporation TUP has strung together solid data and demonstrated underlying fundamentals. At its current valuation, TUP represents an interesting risk/reward case. Traders should stay tuned to see if this recent report will push the stock to test recent resistance levels.

Tupperware Brands Corporation TUP is now commanding a market cap of 1.57B and a float of 47.59M. TUP is increasing its credibility in this sector and that could lead to more upside down the line. Sign-up for continuing coverage on shares of TUP stock, as well as other hot stock picks, get our free newsletter today and get our next breakout pick!

Disclosure: we hold no position in TUP, either long or short, and we have not been compensated for this article.

Latest article

Sundial Growers Inc (NASDAQ:SNDL) Struggles to Sustain At Higher Levels After Earnings

In recent times, plenty of cannabis stocks have been in action due to rising optimism about the sector and one such stock...

HUMBL Inc (OTCMKTS:TSNPD) On the Rebound as Investors Track Developments

If there is one stock that has captured the imagination of many investors over the past months, then it's that of HUMBL...

88 Energy Limited Ltd (EEENF) Update: Continues Climbing on Significant Volume

Investors who might be looking for stocks that have made considerable gains in recent weeks could consider having a closer look at...

Victory Resources Corporation (OTCMKTS:VRCFF) Stock Rockets After Announcing A New Acquisition

Nowadays, lithium is in huge demand across several industries and hence, it the rally in the Victory Resources Corporation (OTCMKTS:VRCFF) stock the...

iMD Companies Inc (OTCMKTS:ICBU) Sees Epic Jump On Crypto Buzz

The meteoric rise in cryptocurrencies over the past few months has resulted in a lot of interest in stocks in companies which...
Şehirler arası nakliyat ve Şehirler arası taşımacılık konusunda en uygun fiyatlar ve en kaliteli hizmet.
ofis taşıma firmaları ve ofis taşıma konusunda en uygun fiyatlar ve en kaliteli hizmet. Affordable best sms verification service