Tupperware Brands Rating Lowered to Hold at Argus (TUP)

By admin | 6 years ago

Tupperware Brands (NYSE: TUP) was downgraded by investment analysts at Argus from a “buy” rating to a “hold” rating in a note issued to investors on Friday.

Shares of Tupperware Brands traded up 0.11% during mid-day trading on Friday, hitting $52.99. Tupperware Brands has a one year low of $49.86 and a one year high of $71.99. The company has a market cap of $2.963 billion and a P/E ratio of 14.37.

Tupperware Brands last issued its quarterly earnings data on Wednesday, April 25th. The company reported $1.03 earnings per share for the quarter, beating the analysts’ consensus estimate of $0.98 by $0.05. Tupperware Brands’s revenue was up .5% compared to the same quarter last year. On average, analysts predict that Tupperware Brands will post $0.96 earnings per share next quarter.

Tupperware Brands Corporation (Tupperware Brands) is a global direct seller of products across multiple brands and categories through an independent sales force of 2.

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