Tiffany & Co. (TIF) Earns Daily News Impact Score of 0.31
Press coverage about Tiffany & Co. (NYSE:TIF) has been trending positive recently, AlphaOne Sentiment Analysis reports. The research group, a division of Accern, ranks the sentiment of news coverage by reviewing more than twenty million blog and news sources in real time. AlphaOne ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Tiffany & Co. earned a media sentiment score of 0.31 on AlphaOne’s scale. AlphaOne also gave media headlines about the specialty retailer an impact score of 0 out of 100, meaning that recent news coverage is extremely unlikely to have an effect on the stock’s share price in the next several days.
Here are some of the news stories that may have impacted AlphaOne Sentiment’s rankings:
- Tiffany & Co. drops the campaign images of Lady Gaga rocking the HardWear collection (buro247.sg)
- The Tiffany & Co. Atlas by Pelikan (thepelikansperch.com)
- Tiffany & Co and Lady Gaga Take us on a Wild Ride (luxatic.com)
- Tiffany & Co. (TIF) Given Coverage Optimism Rating of 0.13 (americanbankingnews.com)
- Credit Suisse Group AG Reiterates Neutral Rating for Tiffany & Co. (TIF) (americanbankingnews.com)
Several analysts have weighed in on the company. William Blair reissued a “market perform” rating on shares of Tiffany & Co. in a report on Monday, February 6th. Telsey Advisory Group dropped their price objective on Tiffany & Co. from $110.00 to $93.00 and set an “outperform” rating for the company in a report on Monday, March 20th. Cowen and Company reissued an “outperform” rating and set a $91.00 price objective on shares of Tiffany & Co. in a report on Tuesday, January 17th. Jefferies Group LLC restated a “positive” rating and set a $102.00 target price on shares of Tiffany & Co. in a research report on Monday, February 6th. Finally, Goldman Sachs Group Inc restated a “neutral” rating on shares of Tiffany & Co. in a research report on Tuesday, January 17th. One research analyst has rated the stock with a sell rating, nine have given a hold rating, fourteen have assigned a buy rating and one has given a strong buy rating to the company’s stock. The stock has an average rating of “Buy” and a consensus target price of $88.34.
Tiffany & Co. (NYSE:TIF) traded down 0.47% during midday trading on Tuesday, reaching $91.09. The company’s stock had a trading volume of 532,321 shares. The firm has a market cap of $11.35 billion, a P/E ratio of 25.66 and a beta of 1.89. Tiffany & Co. has a 52-week low of $56.99 and a 52-week high of $97.29. The firm has a 50 day moving average of $92.31 and a 200 day moving average of $81.93.
Tiffany & Co. (NYSE:TIF) last issued its quarterly earnings data on Friday, March 17th. The specialty retailer reported $1.45 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $1.39 by $0.06. Tiffany & Co. had a return on equity of 15.97% and a net margin of 11.33%. The company earned $1.23 billion during the quarter, compared to the consensus estimate of $1.22 billion. During the same period last year, the company earned $1.46 earnings per share. The firm’s revenue was up 1.3% compared to the same quarter last year. Analysts anticipate that Tiffany & Co. will post $3.96 earnings per share for the current fiscal year.
The business also recently disclosed a quarterly dividend, which was paid on Monday, April 10th. Stockholders of record on Monday, March 20th were given a dividend of $0.45 per share. The ex-dividend date was Thursday, March 16th. This represents a $1.80 dividend on an annualized basis and a dividend yield of 1.97%. Tiffany & Co.’s dividend payout ratio (DPR) is 50.42%.
In other news, Director Abby F. Kohnstamm sold 7,500 shares of the firm’s stock in a transaction dated Wednesday, March 22nd. The stock was sold at an average price of $94.91, for a total transaction of $711,825.00. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider Winter Jennifer De sold 21,100 shares of the firm’s stock in a transaction dated Tuesday, April 4th. The stock was sold at an average price of $93.52, for a total value of $1,973,272.00. Following the transaction, the insider now owns 16,344 shares of the company’s stock, valued at $1,528,490.88. The disclosure for this sale can be found here. Insiders have sold 113,709 shares of company stock valued at $10,380,362 over the last 90 days. 1.40% of the stock is owned by corporate insiders.
About Tiffany & Co.
Tiffany & Co is a holding company that operates through its subsidiary companies. The Company’s principal subsidiary, Tiffany and Company (Tiffany), is a jeweler and specialty retailer. The Company’s segments include Americas, Asia-Pacific, Japan, Europe and Other. Through its subsidiaries, the Company designs and manufactures products and operates TIFFANY & CO.
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