Tiffany & Co. (TIF) Receiving Somewhat Favorable Media Coverage, Study Shows

Media headlines about Tiffany & Co. (NYSE:TIF) have been trending somewhat positive recently, Accern reports. The research firm identifies positive and negative media coverage by reviewing more than twenty million news and blog sources in real-time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Tiffany & Co. earned a media sentiment score of 0.19 on Accern’s scale. Accern also assigned news coverage about the specialty retailer an impact score of 45.7842633370169 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the next several days.

Here are some of the news headlines that may have impacted Accern’s rankings:

Shares of Tiffany & Co. (NYSE:TIF) opened at $91.57 on Monday. The company has a debt-to-equity ratio of 0.28, a quick ratio of 2.29 and a current ratio of 5.75. The company has a market capitalization of $11,401.58, a P/E ratio of 23.66, a price-to-earnings-growth ratio of 2.15 and a beta of 1.96. Tiffany & Co. has a one year low of $75.33 and a one year high of $97.29.

Tiffany & Co. (NYSE:TIF) last posted its quarterly earnings data on Thursday, August 24th. The specialty retailer reported $0.92 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.86 by $0.06. The firm had revenue of $960.00 million during the quarter, compared to the consensus estimate of $930.19 million. Tiffany & Co. had a return on equity of 15.91% and a net margin of 11.41%. The firm’s revenue was up 3.0% compared to the same quarter last year. During the same period in the prior year, the business earned $0.84 EPS. equities research analysts predict that Tiffany & Co. will post 3.95 earnings per share for the current year.

A number of equities research analysts have recently weighed in on the company. BidaskClub cut Tiffany & Co. from a “strong-buy” rating to a “buy” rating in a research note on Thursday, August 10th. Susquehanna Bancshares Inc assumed coverage on Tiffany & Co. in a research note on Thursday, November 2nd. They issued a “neutral” rating and a $100.00 price objective for the company. Jefferies Group LLC set a $110.00 price objective on Tiffany & Co. and gave the company a “buy” rating in a research note on Wednesday, August 16th. Zacks Investment Research raised Tiffany & Co. from a “hold” rating to a “buy” rating and set a $100.00 target price for the company in a research note on Monday, August 14th. Finally, Needham & Company LLC reissued a “hold” rating on shares of Tiffany & Co. in a research note on Tuesday, October 17th. Twelve analysts have rated the stock with a hold rating and ten have assigned a buy rating to the company. The company currently has an average rating of “Hold” and a consensus target price of $94.91.

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In other Tiffany & Co. news, major shareholder Qatar Investment Authority sold 4,400,000 shares of the business’s stock in a transaction that occurred on Wednesday, September 13th. The stock was sold at an average price of $94.16, for a total transaction of $414,304,000.00. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, Director Francesco Trapani purchased 35,000 shares of the stock in a transaction that occurred on Monday, August 28th. The stock was purchased at an average price of $89.34 per share, for a total transaction of $3,126,900.00. The disclosure for this purchase can be found here. Insiders have acquired a total of 267,064 shares of company stock worth $23,789,094 in the last quarter. 1.30% of the stock is currently owned by insiders.

About Tiffany & Co.

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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