Tupperware Manufacturers (TUP) closed at $20.34 within the newest buying and selling session, marking a +0.3% transfer from the prior day. This transfer lagged the S&P 500’s each day achieve of 1.4%.
Previous to right this moment’s buying and selling, shares of the direct vendor of plastic storage containers and cosmetics had misplaced 21.67% over the previous month. This has lagged the Shopper Staples sector’s lack of 1.43% and the S&P 500’s achieve of 1.07% in that point.
Wall Avenue might be in search of positivity from TUP because it approaches its subsequent earnings report date. In that report, analysts count on TUP to submit earnings of $0.59 per share. This could mark a year-over-year decline of 29.76%.
Traders may also discover current modifications to analyst estimates for TUP. These revisions usually mirror the most recent short-term enterprise traits, which may change continuously. As such, constructive estimate revisions mirror analyst optimism concerning the firm’s enterprise and profitability.
Our analysis exhibits that these estimate modifications are instantly correlated with near-term inventory costs. To learn from this, we have now developed the Zacks Rank, a proprietary mannequin which takes these estimate modifications under consideration and offers an actionable ranking system.
The Zacks Rank system, which ranges from #1 (Robust Purchase) to #5 (Robust Promote), has a powerful outside-audited observe report of outperformance, with #1 shares producing a mean annual return of +25% since 1988. Over the previous month, the Zacks Consensus EPS estimate remained stagnant. TUP is presently sporting a Zacks Rank of #5 (Robust Promote).
Taking a look at its valuation, TUP is holding a Ahead P/E ratio of seven.17. This represents a reduction in comparison with its trade’s common Ahead P/E of 16.46.
The Shopper Merchandise – Staples trade is a part of the Shopper Staples sector. This trade presently has a Zacks Business Rank of 219, which places it within the backside 14% of all 250+ industries.
The Zacks Business Rank gauges the energy of our trade teams by measuring the typical Zacks Rank of the person shares inside the teams. Our analysis exhibits that the highest 50% rated industries outperform the underside half by an element of two to 1.
You could find extra info on all of those metrics, and way more, on Zacks.com.
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Tupperware Manufacturers Company (TUP): Free Inventory Evaluation Report
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