Tupperware Brands Corporation (NYSE: TUP)’s stock price has gone decline by -8.33 in comparison to its previous close of 1.20, however, the company has experienced a -20.29% decrease in its stock price over the last five trading days. InvestorPlace reported 2024-04-02 that Another meme stock could be on its way out the door. Tupperware Brands (NYSE: TUP ) stock surged to impressive heights during the Summer of 2023, proving that even retail investors won’t be deterred by boring products.
Is It Worth Investing in Tupperware Brands Corporation (NYSE: TUP) Right Now?
The 36-month beta value for TUP is at 2.83. Analysts have varying views on the stock, with 0 analysts rating it as a “buy,” 1 rating it as “overweight,” 5 as “hold,” and 1 as “sell.”
The public float for TUP is 40.08M, and currently, shorts hold a 21.80% of that float. The average trading volume for TUP on April 09, 2024 was 1.05M shares.
TUP’s Market Performance
The stock of Tupperware Brands Corporation (TUP) has seen a -20.29% decrease in the past week, with a -18.52% drop in the past month, and a -44.16% fall in the past quarter. The volatility ratio for the week is 10.15%, and the volatility levels for the past 30 days are at 7.83% for TUP. The simple moving average for the past 20 days is -21.37% for TUP’s stock, with a -39.79% simple moving average for the past 200 days.
Analysts’ Opinion of TUP
Many brokerage firms have already submitted their reports for TUP stocks, with DA Davidson repeating the rating for TUP by listing it as a “Neutral.” The predicted price for TUP in the upcoming period, according to DA Davidson is $13 based on the research report published on May 05, 2022 of the previous year 2022.
Citigroup, on the other hand, stated in their research note that they expect to see TUP reach a price target of $13, previously predicting the price at $26. The rating they have provided for TUP stocks is “Neutral” according to the report published on May 05th, 2022.
Citigroup gave a rating of “Buy” to TUP, setting the target price at $36 in the report published on May 07th of the previous year.
TUP Trading at -23.52% from the 50-Day Moving Average
After a stumble in the market that brought TUP to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -81.39% of loss for the given period.
Volatility was left at 7.83%, however, over the last 30 days, the volatility rate increased by 10.15%, as shares sank -17.91% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -40.54% lower at present.
During the last 5 trading sessions, TUP fell by -20.29%, which changed the moving average for the period of 200-days by +30.95% in comparison to the 20-day moving average, which settled at $1.3870. In addition, Tupperware Brands Corporation saw -45.00% in overturn over a single year, with a tendency to cut further losses.
Stock Fundamentals for TUP
Current profitability levels for the company are sitting at:
- 0.02 for the present operating margin
- 0.62 for the gross margin
The net margin for Tupperware Brands Corporation stands at -0.14. The total capital return value is set at -0.08.
Based on Tupperware Brands Corporation (TUP), the company’s capital structure generated 2.94 points at debt to capital in total, while cash flow to debt ratio is standing at 0.01. The debt to equity ratio resting at -1.52. The interest coverage ratio of the stock is 0.41.
Currently, EBITDA for the company is 87.7 million with net debt to EBITDA at 16.77. When we switch over and look at the enterprise to sales, we see a ratio of 0.67. The receivables turnover for the company is 12.03for trailing twelve months and the total asset turnover is 1.68. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.41.
Conclusion
In conclusion, Tupperware Brands Corporation (TUP) has had a bad performance lately. Opinion on the stock among analysts is mixed, with some giving it a “buy” rating and others a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
