Tiffany & Co. (NYSE:TIF) is scheduled to post its quarterly earnings results before the market opens on Tuesday, June 4th. Analysts expect Tiffany & Co. to post earnings of $1.01 per share for the quarter.
Tiffany & Co. (NYSE:TIF) last announced its quarterly earnings data on Friday, March 22nd. The specialty retailer reported $1.60 earnings per share (EPS) for the quarter, meeting the consensus estimate of $1.60. The business had revenue of $1.32 billion during the quarter, compared to analysts’ expectations of $1.33 billion. Tiffany & Co. had a return on equity of 18.52% and a net margin of 13.20%. The business’s quarterly revenue was down 1.0% compared to the same quarter last year. During the same quarter last year, the business posted $1.67 EPS. On average, analysts expect Tiffany & Co. to post $5 EPS for the current fiscal year and $5 EPS for the next fiscal year.
Shares of TIF opened at $90.05 on Friday. The company has a debt-to-equity ratio of 0.28, a current ratio of 5.24 and a quick ratio of 1.85. The stock has a market capitalization of $11.03 billion, a PE ratio of 19.49, a P/E/G ratio of 1.68 and a beta of 1.55. Tiffany & Co. has a 1 year low of $73.04 and a 1 year high of $141.64.
Several brokerages have recently weighed in on TIF. Zacks Investment Research raised Tiffany & Co. from a “sell” rating to a “hold” rating in a research report on Thursday, March 21st. Loop Capital raised Tiffany & Co. to a “buy” rating and set a $125.00 target price on the stock in a research report on Thursday, April 18th. Sanford C. Bernstein began coverage on Tiffany & Co. in a research report on Tuesday, April 16th. They set an “outperform” rating and a $125.00 target price on the stock. Oppenheimer cut their target price on Tiffany & Co. from $152.00 to $115.00 and set an “outperform” rating on the stock in a research report on Friday, February 8th. Finally, Atlantic Securities raised Tiffany & Co. from a “neutral” rating to an “overweight” rating and set a $112.00 target price on the stock in a research report on Thursday, January 31st. They noted that the move was a valuation call. Ten research analysts have rated the stock with a hold rating and twelve have given a buy rating to the company’s stock. The stock presently has an average rating of “Buy” and an average price target of $116.63.
In other news, Director Lawrence K. Fish sold 8,128 shares of the firm’s stock in a transaction dated Tuesday, March 26th. The stock was sold at an average price of $103.58, for a total transaction of $841,898.24. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. 1.30% of the stock is currently owned by company insiders.
Tiffany & Co. Company Profile
Tiffany & Co, through its subsidiaries, designs, manufactures, and retails jewelry and other items in the Americas, the Asia-Pacific, Japan, Europe, and internationally. The company offers jewelry collections, engagement rings, and wedding bands. It also sells watches, home and accessories products, eyewear, and fragrances; and wholesales diamonds and earnings.
See Also: Average Daily Trade Volume – ADTV
Receive News & Ratings for Tiffany & Co. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Tiffany & Co. and related companies with MarketBeat.com's FREE daily email newsletter.