Headlines about Tiffany & Co. (NYSE:TIF) have trended somewhat positive on Saturday, according to Accern Sentiment. The research firm identifies negative and positive press coverage by monitoring more than twenty million news and blog sources in real time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores closest to one being the most favorable. Tiffany & Co. earned a daily sentiment score of 0.12 on Accern’s scale. Accern also assigned headlines about the specialty retailer an impact score of 46.7759685493689 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the next several days.
These are some of the news headlines that may have effected Accern’s scoring:
- Form 4 TIFFANY & CO For: Jan 19 Filed by: MARQUIS CHARLES K. (streetinsider.com)
- Xiong Jing Nan Dominates Tiffany Teo, Wins ONE Championship Strawweight Title (mmaweekly.com)
- Form 4 TIFFANY & CO For: Jan 17 Filed by: NAGGIAR CAROLINE D – StreetInsider.com (streetinsider.com)
- Tiffany & Co sees Christmas sales rise by 8% | News | Retail Jeweller – Retail Jeweller (retail-jeweller.com)
- Tiffany & Co. (TIF) Insider Philippe Galtie Sells 673 Shares (americanbankingnews.com)
A number of equities research analysts have recently weighed in on TIF shares. Needham & Company LLC reissued a “hold” rating on shares of Tiffany & Co. in a research note on Tuesday, October 17th. Cowen set a $102.00 target price on Tiffany & Co. and gave the company a “buy” rating in a research note on Wednesday, October 18th. Oppenheimer reissued a “buy” rating and issued a $105.00 target price on shares of Tiffany & Co. in a research note on Wednesday, November 29th. Royal Bank of Canada set a $94.00 target price on Tiffany & Co. and gave the company a “hold” rating in a research note on Thursday, November 30th. Finally, Goldman Sachs Group lowered Tiffany & Co. from a “buy” rating to a “neutral” rating and lowered their target price for the company from $106.00 to $94.00 in a research note on Friday, September 22nd. Ten equities research analysts have rated the stock with a hold rating and eleven have issued a buy rating to the company’s stock. The stock has a consensus rating of “Buy” and an average price target of $102.00.
Tiffany & Co. (NYSE:TIF) last announced its quarterly earnings results on Wednesday, November 29th. The specialty retailer reported $0.80 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.76 by $0.04. Tiffany & Co. had a return on equity of 15.77% and a net margin of 11.46%. The company had revenue of $976.20 million for the quarter, compared to the consensus estimate of $957.18 million. During the same quarter in the previous year, the business earned $0.76 EPS. Tiffany & Co.’s revenue was up 2.8% compared to the same quarter last year. equities research analysts anticipate that Tiffany & Co. will post 4.08 earnings per share for the current fiscal year.
The firm also recently declared a quarterly dividend, which was paid on Wednesday, January 10th. Investors of record on Wednesday, December 20th were issued a dividend of $0.50 per share. The ex-dividend date of this dividend was Tuesday, December 19th. This represents a $2.00 dividend on an annualized basis and a yield of 1.86%. Tiffany & Co.’s dividend payout ratio is presently 53.76%.
In related news, Director Charles K. Marquis sold 4,717 shares of the business’s stock in a transaction dated Friday, January 19th. The stock was sold at an average price of $107.84, for a total transaction of $508,681.28. The sale was disclosed in a filing with the SEC, which is accessible through this link. Also, insider Philippe Galtie sold 673 shares of the business’s stock in a transaction dated Friday, January 19th. The shares were sold at an average price of $107.92, for a total value of $72,630.16. Following the transaction, the insider now owns 673 shares in the company, valued at approximately $72,630.16. The disclosure for this sale can be found here. 1.40% of the stock is owned by insiders.
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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.
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