Tupperware Brands Corporation (TUP) Shares Up Despite Recent Market Volatility

Tupperware Brands Corporation (NYSE: TUP) has seen a rise in its stock price by 3.78 in relation to its previous close of 1.19. However, the company has experienced a 2.92% gain in its stock price over the last five trading sessions. marketwatch.com reported 2024-07-01 that Tupperware Brands Corp. has extended its debt agreement, according to an SEC filing by the beleaguered maker of food-storage containers.

Is It Worth Investing in Tupperware Brands Corporation (NYSE: TUP) Right Now?

Moreover, the 36-month beta value for TUP is 2.93. Analysts have varying opinions on the stock, with 0 analysts rating it as a “buy,” 1 as “overweight,” 5 as “hold,” and 1 as “sell.”

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The public float for TUP is 41.93M and currently, short sellers hold a 20.44% of that float. On August 22, 2024, TUP’s average trading volume was 996.77K shares.

TUP’s Market Performance

TUP stock saw an increase of 2.92% in the past week, with a monthly gain of 1.23% and a quarterly increase of -38.86%. The volatility ratio for the week is 4.67%, and the volatility levels for the last 30 days are 6.46% for Tupperware Brands Corporation (TUP). The simple moving average for the last 20 days is 2.45% for TUP stock, with a simple moving average of -19.28% for the last 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 -5.51% 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 -57.99% of loss for the given period.

Volatility was left at 6.46%, however, over the last 30 days, the volatility rate increased by 4.67%, as shares sank -5.48% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -22.44% lower at present.

During the last 5 trading sessions, TUP rose by +0.82%, which changed the moving average for the period of 200-days by -35.64% in comparison to the 20-day moving average, which settled at $1.2020. In addition, Tupperware Brands Corporation saw -38.25% 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:

  • 0.03 for the present operating margin
  • 0.62 for the gross margin

The net margin for Tupperware Brands Corporation stands at -0.15. The total capital return value is set at -0.06.

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 0.42.

Currently, EBITDA for the company is 87.7 million with net debt to EBITDA at 30.19. When we switch over and look at the enterprise to sales, we see a ratio of 0.93. The receivables turnover for the company is 8.73for trailing twelve months and the total asset turnover is 1.22. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.41.

Conclusion

To wrap up, the performance of Tupperware Brands Corporation (TUP) has been mixed in recent times. The stock has received a mixed of “buy” and “hold” ratings from analysts. 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.

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