Tiffany & Co. (TIF) Receives Media Impact Score of 0.34
Media headlines about Tiffany & Co. (NYSE:TIF) have been trending positive on Thursday, according to Accern Sentiment. The research group ranks the sentiment of news coverage by analyzing more than twenty million news and blog sources in real time. Accern 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 0.34 on Accern’s scale. Accern also gave news articles about the specialty retailer an impact score of 50 out of 100, meaning that recent news coverage is somewhat likely to have an effect on the stock’s share price in the next few days.
These are some of the news articles that may have effected Accern Sentiment’s rankings:
- Central Park ceremony held to crush 2 tons of seized ivory (marketbeat.com)
- Tiffany & Co. Among Retailers Who Rake in the Most Money per Square Foot – JCK (jckonline.com)
- Nearly 2 tons of seized ivory to be crushed in Central Park (marketbeat.com)
- Wednesday’s Brief: Feast Prep, “Paddy Wagon,” Movie Night at the Gassy! (northendwaterfront.com)
- White Noise. (centraltrack.com)
Tiffany & Co. (TIF) traded up 0.44% during midday trading on Thursday, hitting $92.85. 1,897,396 shares of the stock traded hands. The stock has a market capitalization of $11.57 billion, a PE ratio of 25.78 and a beta of 1.92. The firm’s 50 day moving average is $93.04 and its 200-day moving average is $90.01. Tiffany & Co. has a 12-month low of $58.76 and a 12-month high of $97.29.
Tiffany & Co. (NYSE:TIF) last released its quarterly earnings results on Wednesday, May 24th. The specialty retailer reported $0.74 earnings per share for the quarter, beating the consensus estimate of $0.70 by $0.04. Tiffany & Co. had a return on equity of 15.91% and a net margin of 11.26%. The firm had revenue of $899.60 million for the quarter, compared to analysts’ expectations of $915.48 million. During the same quarter last year, the firm posted $0.64 EPS. The company’s revenue was up .9% compared to the same quarter last year. On average, analysts anticipate that Tiffany & Co. will post $3.96 EPS for the current fiscal year.
The firm also recently declared a quarterly dividend, which was paid on Monday, July 10th. Shareholders of record on Tuesday, June 20th were issued a $0.50 dividend. The ex-dividend date was Friday, June 16th. This represents a $2.00 annualized dividend and a dividend yield of 2.15%. This is a boost from Tiffany & Co.’s previous quarterly dividend of $0.45. Tiffany & Co.’s dividend payout ratio (DPR) is presently 55.56%.
A number of research firms recently commented on TIF. Cowen and Company reissued an “outperform” rating and issued a $107.00 target price on shares of Tiffany & Co. in a research report on Tuesday, May 23rd. Oppenheimer Holdings, Inc. reaffirmed a “buy” rating on shares of Tiffany & Co. in a research report on Saturday, April 8th. Jefferies Group LLC reiterated a “buy” rating on shares of Tiffany & Co. in a research note on Wednesday, May 24th. Citigroup Inc. reduced their target price on shares of Tiffany & Co. from $91.00 to $88.00 and set a “neutral” rating for the company in a research note on Thursday, May 25th. Finally, Royal Bank Of Canada reiterated a “hold” rating on shares of Tiffany & Co. in a research note on Friday, July 7th. One analyst has rated the stock with a sell rating, ten have given a hold rating, twelve have given a buy rating and one has issued a strong buy rating to the company. Tiffany & Co. presently has a consensus rating of “Buy” and an average target price of $92.36.
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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