Tupperware Brands Corporation (TUP): Today's Featured Consumer Non-Durables Laggard

Editor's Note: TheStreet ratings do not represent the views of TheStreet's staff or its contributors. Ratings are established by computer based on metrics for performance (which includes growth, stock performance, efficiency and valuation) and risk (volatility and solvency). Companies with poor cash flow or high debt levels tend to earn lower ratings in our model

Tupperware Brands Corporation ( TUP) pushed the Consumer Non-Durables industry lower today making it today's featured Consumer Non-Durables laggard. The industry as a whole closed the day up 0.7%. By the end of trading, Tupperware Brands Corporation fell $1.01 (-1.2%) to $81.99 on light volume. Throughout the day, 351,160 shares of Tupperware Brands Corporation exchanged hands as compared to its average daily volume of 607,600 shares. The stock ranged in price between $81.89-$83.40 after having opened the day at $83.14 as compared to the previous trading day's close of $83.00. Other companies within the Consumer Non-Durables industry that declined today were: Ocean Bio-Chem ( OBCI), down 4.7%, Joe's Jeans ( JOEZ), down 4.3%, China Xiniya Fashion ( XNY), down 2.5% and Verso Paper ( VRS), down 2.5%.
  • EXCLUSIVE OFFER: Jim Cramer's Protege, Dave Peltier, only buys Stocks Under $10 that he thinks could potentially double. See what he's trading today with a 14-day FREE pass.

Tupperware Brands Corporation operates as a direct seller of various products across a range of brands and categories through an independent sales force worldwide. Tupperware Brands Corporation has a market cap of $4.5 billion and is part of the consumer goods sector. The company has a P/E ratio of 23.3, above the S&P 500 P/E ratio of 17.7. Shares are up 29.5% year to date as of the close of trading on Friday.

TheStreet Ratings rates Tupperware Brands Corporation as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, notable return on equity, solid stock price performance, good cash flow from operations and expanding profit margins. We feel these strengths outweigh the fact that the company has had sub par growth in net income.

On the positive front, Tandy Brands Accessories ( TBAC), down 10.6%, Fuwei Films (Holdings ( FFHL), down 5.9%, Ever-Glory International Group ( EVK), down 4.8% and Ennis ( EBF), down 4.4% , were all gainers within the consumer non-durables industry with Nike ( NKE) being today's featured consumer non-durables industry leader.

For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the consumer non-durables industry could consider Consumer Staples Select Sector SPDR ( XLP) while those bearish on the consumer non-durables industry could consider ProShares Ultra Sht Consumer Goods ( SZK).

Exclusive Offer: Jim Cramer's 'go-to' small/mid-cap guru Bryan Ashenberg only buys stocks he thinks could return 50-100%. See his top picks for 14-days FREE.

null

More from Markets

Video: There Are Some Big Changes Coming to the PGA Championships in 2019

Video: There Are Some Big Changes Coming to the PGA Championships in 2019

Video: One-on-One With Pluralsight's CEO Following Its Successful IPO

Video: One-on-One With Pluralsight's CEO Following Its Successful IPO

CBS-Viacom Battle Comes to a Head; FDA Approves Novartis Migraine Drug --ICMYI

CBS-Viacom Battle Comes to a Head; FDA Approves Novartis Migraine Drug --ICMYI

Listen: Here's What You Need To Know About ETFs Today (Hint: They're on Fire!)

Listen: Here's What You Need To Know About ETFs Today (Hint: They're on Fire!)

Cramer and His Team Stick to Their Disciplines -- Even When It's Disappointing

Cramer and His Team Stick to Their Disciplines -- Even When It's Disappointing