Tiffany & Co. (NYSE:TIF)‘s stock had its “maintain” ranking reaffirmed by analysis analysts at Needham & Firm LLC in a analysis word issued on Wednesday, AnalystRatings.com studies.
A number of different brokerages have additionally lately issued studies on TIF. ValuEngine reduce Tiffany & Co. from a “purchase” ranking to a “maintain” ranking in a analysis word on Friday, November 20th. UBS Group decreased their price goal on Tiffany & Co. from $135.00 to $123.00 and set a “impartial” ranking on the stock in a analysis word on Monday, September 14th. Zacks Funding Analysis upgraded Tiffany & Co. from a “maintain” ranking to a “purchase” ranking and set a $129.00 price goal on the stock in a analysis word on Wednesday, September ninth. Morgan Stanley decreased their price goal on Tiffany & Co. from $135.00 to $131.50 and set an “equal weight” ranking on the stock in a analysis word on Friday, October 30th. Lastly, Wells Fargo & Firm reduce their goal price on Tiffany & Co. from $135.00 to $120.00 and set an “equal weight” ranking on the stock in a analysis word on Thursday, September 10th. Twelve analysis analysts have rated the stock with a maintain ranking and two have assigned a purchase ranking to the stock. Tiffany & Co. has a mean ranking of “Maintain” and a mean goal price of $130.94.
TIF stock opened at $131.51 on Wednesday. Tiffany & Co. has a twelve month low of $103.89 and a twelve month excessive of $134.42. The corporate has a present ratio of three.18, a fast ratio of 1.22 and a debt-to-equity ratio of 0.28. The corporate has a market capitalization of $15.96 billion, a P/E ratio of 64.47, a PEG ratio of 5.96 and a beta of 0.88. The agency has a 50 day easy shifting common of $126.50 and a 200-day easy shifting common of $123.16.
Tiffany & Co. (NYSE:TIF) final launched its quarterly earnings outcomes on Monday, November 23rd. The specialty retailer reported $1.11 earnings per share for the quarter, topping analysts’ consensus estimates of $0.66 by $0.45. Tiffany & Co. had a web margin of 6.72% and a return on fairness of 8.43%. On common, analysis analysts predict that Tiffany & Co. will submit 2.56 EPS for the present yr.
Hedge funds and different institutional buyers have lately modified their holdings of the stock. CIBC Asset Administration Inc elevated its holdings in shares of Tiffany & Co. by 1.4% within the second quarter. CIBC Asset Administration Inc now owns 9,871 shares of the specialty retailer’s stock worth $1,204,00Zero after buying an extra 140 shares within the final quarter. Mackay Shields LLC raised its place in shares of Tiffany & Co. by 5.4% within the third quarter. Mackay Shields LLC now owns 18,125 shares of the specialty retailer’s stock worth $2,100,00Zero after shopping for an extra 921 shares within the final quarter. DekaBank Deutsche Girozentrale raised its place in shares of Tiffany & Co. by 1.9% within the third quarter. DekaBank Deutsche Girozentrale now owns 16,552 shares of the specialty retailer’s stock worth $1,912,00Zero after shopping for an extra 314 shares within the final quarter. Principal Monetary Group Inc. elevated its stake in Tiffany & Co. by 5.5% within the second quarter. Principal Monetary Group Inc. now owns 163,691 shares of the specialty retailer’s stock valued at $19,961,00Zero after buying an extra 8,536 shares over the past quarter. Lastly, Atom Traders LP purchased a brand new place in Tiffany & Co. within the second quarter valued at $2,118,000. Institutional buyers and hedge funds personal 77.76% of the corporate’s stock.
About Tiffany & Co.
Tiffany & Co, via its subsidiaries, designs, manufactures, and retails jewellery and different gadgets. The corporate gives jewellery collections, engagement rings, and marriage ceremony bands. It additionally sells watches, residence and equipment merchandise, and fragrances; and wholesales diamonds and earnings. The corporate sells its merchandise via retail, Web and catalog, business-to-business, and wholesale distribution channels.
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