At present, the stock price sited at -12.40% from the 52 week high and situated at 16.01% from 52 week low.
"We believe the strong Holiday result (Nov/Dec; reported 1/17), which included a +6% Americas comp (in CC), demonstrates the strength of the brand and benefits from recent initiatives, despite a softer January for the company vs. hard comparisons (total 4Q comp for the Americas came in at +4%; CC)".
"Increasing investment now in certain areas, such as technology, marketing communications, visual merchandising, digital and store presentations ... will hinder pre-tax earnings growth in the near-term", Bogliolo said. Gross margin was down 35bps (vs. our -20bps est), and SG&A expense deleveraged 60bps (vs. our 15bps of deleverage estimate). Tiffany & Co. had 86 analyst reports since July 29, 2015 according to SRatingsIntel. Zacks Investment Research upgraded shares of Tiffany & Co. from a hold rating to a buy rating and set a $104.00 price objective on the stock in a report on Monday, November 27th.
After excavating more, stock analysis with performance of a well-known real estate investment trust - Tiffany & Co. SBG Securities lowered shares of Tiffany & Co. from a buy rating to a hold rating in a report on Thursday, November 30th.
Recently, In analysts note sent to clients and investors on 19 March, Tiffany (NYSE:TIF) shares have had their "Equal-Weight" Rating reaffirmed by stock research analysts at Morgan Stanley, who now has a $94 target price on company. Rating Scale; where 1.0 rating mean Strong Buy, 2.0 rating signifies Buy, 3.0 recommendation reveals Hold, 4.0 rating score shows Sell and 5.0 displays Strong Sell signal. The firm set an "outperform" rating and a $120.00 price target on the specialty retailer's stock. Over the past twelve months, Tiffany & Co. Taylor Asset Management Inc who had been investing in Encana Corp for a number of months, seems to be bullish on the $10.69B market cap company.
Tiffany & Co. (TIF) is US based company. Cramer Rosenthal Mcglynn LLC raised its stake in shares of Tiffany & Co.by 300.5% in the 3rd quarter. (NYSE:TIF) earned "Sector Perform" rating by RBC Capital Markets on Friday, August 26. Company fiscal year is ending in January and analysts' consensus recommendation is Outperform for TIF and estimated EPS for next quarter is 0.82.
Stock's Stunning Activities: Eldorado Gold Corporation (NYSE:EGO)
Market expectations for a March rate hike are 94.4 percent as of Tuesday afternoon, according to the CME Group's FedWatch tool. Macquarie upgraded Eldorado Gold from a "neutral" rating to an "outperform" rating in a report on Wednesday, January 17th.
Analysts believe that the company has the potential to earn average revenue of $1.31 Billion for the current quarter. Goldman Sachs downgraded Tiffany & Co. Tiffany & Co. The business had revenue of $1.33 billion during the quarter, compared to analyst estimates of $1.32 billion. Stockholders of record on Tuesday, March 20th will be paid a $0.50 dividend. The indicated annual dividend is $2.00. The ex-dividend date of this dividend is Monday, March 19th. Tiffany & Co.'s payout ratio is presently 67.57%. Also, insider Andrew W. Hart sold 40,251 shares of the business's stock in a transaction dated Monday, January 22nd. The shares were sold at an average price of $109.79, for a total transaction of $2,718,180.82.
The stock exchanged hands with a volume of 2.64 million shares compared to its standard daily volume. The transaction was disclosed in a document filed with the SEC, which is available through this link.
Shares of TIF stock opened at $97.62 on Monday. The stock was sold at an average price of $107.84, for a total value of $508,681.28. Institutional investors own 83.17% of the company's stock. The disclosure for this purchase can be found here.
Several large investors have recently bought and sold shares of TIF. Cramer Rosenthal Mcglynn LLC now owns 1,321,842 shares of the specialty retailer's stock valued at $121,319,000 after purchasing an additional 991,802 shares in the last quarter. Janus Henderson Group PLC boosted its position in shares of Tiffany & Co.by 22.9% during the 3rd quarter. Topeka Capital Markets maintained Tiffany & Co.
ILLEGAL ACTIVITY NOTICE: This news story was reported by Enterprise Leader and is owned by of Enterprise Leader. (NYSE:TIF) has "Buy" rating given on Wednesday, January 17 by Guggenheim.