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Weakness Seen in Tupperware (TUP): Stock Drops 5.5%

Zacks Equity Research

Tupperware Brands Corporation (TUP) saw a big move last session, as the company’s shares fell by over 5% on the day. The move came on pretty good volume too with far more shares changing hands than in a normal session. This continues the recent downtrend for TUP, as the stock is now down over 17% in the past one-month time frame.

This slump shouldn’t be too much of a surprise to investors, as this company in Consumer Staples sector has seen 3 negative revisions in the past few weeks and its current year earnings consensus has moved lower over the last 30 days. This suggests there may be more trouble down the road. So make sure to keep an eye on this stock going forward to see if this recent slump will continue, as the earnings picture definitely suggests that this might be the case.

TUP currently has a Zacks Rank #4 (Sell) while its Earnings ESP is 0.00%.

Some better-ranked stocks in the same sector include J&J Snack Foods Corp. (JJSF), Post Holdings, Inc. (POST) and WD-40 Company (WDFC). While J&J Snack Food and Post Holdings both sport a Zacks Rank #1 (Strong Buy), WD-40 carries a Zacks Rank #2 (Buy).

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TUPPERWARE BRANDS CORP (TUP): Free Stock Analysis Report

J&J SNACK FOODS CP (JJSF): Free Stock Analysis Report

POST HOLDINGS INC (POST): Free Stock Analysis Report

W D FORTY CO (WDFC): Free Stock Analysis Report


Zacks Investment Research