Tiffany & Co. (TIF) Getting Positive Press Coverage, Analysis Shows

News headlines about Tiffany & Co. (NYSE:TIF) have trended positive recently, according to Accern Sentiment Analysis. The research group scores the sentiment of press coverage by analyzing more than 20 million blog and news sources. 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 daily sentiment score of 0.32 on Accern’s scale. Accern also gave headlines about the specialty retailer an impact score of 45.2529893852351 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the immediate future.

These are some of the headlines that may have impacted Accern’s scoring:

Tiffany & Co. (NYSE:TIF) traded up $2.00 on Friday, reaching $101.34. 2,506,100 shares of the company traded hands, compared to its average volume of 1,668,810. The firm has a market capitalization of $11,943.06, a PE ratio of 24.58, a PEG ratio of 2.24 and a beta of 1.93. The company has a quick ratio of 2.09, a current ratio of 5.44 and a debt-to-equity ratio of 0.28. Tiffany & Co. has a 1 year low of $76.08 and a 1 year high of $101.88.

Tiffany & Co. (NYSE:TIF) last posted its quarterly earnings results on Wednesday, November 29th. The specialty retailer reported $0.80 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.76 by $0.04. The firm had revenue of $976.20 million for the quarter, compared to analysts’ expectations of $957.18 million. Tiffany & Co. had a net margin of 11.46% and a return on equity of 15.77%. The firm’s quarterly revenue was up 2.8% on a year-over-year basis. During the same period in the prior year, the company posted $0.76 earnings per share. sell-side analysts predict that Tiffany & Co. will post 3.98 earnings per share for the current year.

The business also recently declared a quarterly dividend, which will be paid on Wednesday, January 10th. Investors of record on Wednesday, December 20th will be issued a $0.50 dividend. The ex-dividend date of this dividend is Tuesday, December 19th. This represents a $2.00 annualized dividend and a yield of 1.97%. Tiffany & Co.’s dividend payout ratio is presently 53.76%.

Several brokerages have recently weighed in on TIF. Citigroup upgraded shares of Tiffany & Co. from a “neutral” rating to a “buy” rating and upped their target price for the company from $92.00 to $115.00 in a research note on Thursday. Goldman Sachs Group downgraded shares of Tiffany & Co. from a “buy” rating to a “neutral” rating and decreased their target price for the company from $106.00 to $94.00 in a research note on Friday, September 22nd. Needham & Company LLC restated a “hold” rating on shares of Tiffany & Co. in a research note on Friday, August 25th. Zacks Investment Research downgraded shares of Tiffany & Co. from a “buy” rating to a “hold” rating in a research note on Wednesday, August 23rd. Finally, Oppenheimer set a $105.00 target price on shares of Tiffany & Co. and gave the company a “buy” rating in a research note on Thursday, August 24th. Ten research analysts have rated the stock with a hold rating and eleven have assigned a buy rating to the company’s stock. Tiffany & Co. presently has a consensus rating of “Buy” and an average price target of $100.38.

In related news, Director Francesco Trapani purchased 25,000 shares of the business’s stock in a transaction that occurred on Tuesday, September 26th. The shares were purchased at an average cost of $89.34 per share, with a total value of $2,233,500.00. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, Director Robert S. Singer purchased 1,000 shares of the business’s stock in a transaction that occurred on Monday, September 25th. The stock was bought at an average cost of $88.13 per share, for a total transaction of $88,130.00. The disclosure for this purchase can be found here. Corporate insiders own 1.40% of the company’s stock.

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Tiffany & Co. Company Profile

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.

Insider Buying and Selling by Quarter for Tiffany & Co. (NYSE:TIF)

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