Tiffany & Co. (NYSE:TIF) – Stock analysts at Jefferies Group boosted their FY2018 earnings per share (EPS) estimates for Tiffany & Co. in a research report issued on Wednesday. Jefferies Group analyst R. Konik now anticipates that the specialty retailer will post earnings per share of $4.07 for the year, up from their prior estimate of $4.00.

TIF has been the subject of a number of other research reports. KeyCorp reiterated a “hold” rating on shares of Tiffany & Co. in a report on Wednesday, October 11th. Zacks Investment Research cut Tiffany & Co. from a “buy” rating to a “hold” rating in a report on Monday, November 13th. Susquehanna Bancshares began coverage on Tiffany & Co. in a research report on Thursday, November 2nd. They set a “neutral” rating and a $100.00 price target on the stock. Wells Fargo & Co set a $96.00 price target on Tiffany & Co. and gave the stock a “hold” rating in a research report on Thursday, January 11th. Finally, JPMorgan Chase & Co. began coverage on Tiffany & Co. in a research report on Monday, December 18th. They set a “neutral” rating and a $103.00 price target on the stock. Ten equities research analysts have rated the stock with a hold rating and eleven have given a buy rating to the company. Tiffany & Co. presently has an average rating of “Buy” and an average target price of $102.00.

Shares of Tiffany & Co. (NYSE TIF) traded down $0.94 during trading hours on Thursday, hitting $108.05. The stock had a trading volume of 1,932,600 shares, compared to its average volume of 1,849,350. The company has a quick ratio of 2.09, a current ratio of 5.44 and a debt-to-equity ratio of 0.28. Tiffany & Co. has a 1-year low of $77.15 and a 1-year high of $110.17. The stock has a market cap of $13,390.00, a PE ratio of 28.97, a P/E/G ratio of 2.51 and a beta of 1.93.

Tiffany & Co. (NYSE:TIF) last issued its earnings results on Wednesday, November 29th. The specialty retailer reported $0.80 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.76 by $0.04. Tiffany & Co. had a return on equity of 15.77% and a net margin of 11.46%. The business had revenue of $976.20 million during the quarter, compared to analysts’ expectations of $957.18 million. During the same quarter in the previous year, the business earned $0.76 EPS. The company’s revenue for the quarter was up 2.8% on a year-over-year basis.

Several hedge funds and other institutional investors have recently modified their holdings of the company. Private Advisor Group LLC increased its holdings in shares of Tiffany & Co. by 2.5% in the 2nd quarter. Private Advisor Group LLC now owns 2,885 shares of the specialty retailer’s stock valued at $263,000 after acquiring an additional 69 shares during the last quarter. QS Investors LLC grew its stake in Tiffany & Co. by 8.2% during the 2nd quarter. QS Investors LLC now owns 1,363 shares of the specialty retailer’s stock worth $128,000 after buying an additional 103 shares during the last quarter. Thrivent Financial For Lutherans grew its stake in Tiffany & Co. by 3.1% during the 2nd quarter. Thrivent Financial For Lutherans now owns 4,050 shares of the specialty retailer’s stock worth $380,000 after buying an additional 120 shares during the last quarter. CLS Investments LLC grew its stake in Tiffany & Co. by 3.7% during the 3rd quarter. CLS Investments LLC now owns 15,610 shares of the specialty retailer’s stock worth $1,433,000 after buying an additional 557 shares during the last quarter. Finally, Caisse DE Depot ET Placement DU Quebec grew its stake in Tiffany & Co. by 5.9% during the 3rd quarter. Caisse DE Depot ET Placement DU Quebec now owns 10,800 shares of the specialty retailer’s stock worth $995,000 after buying an additional 600 shares during the last quarter. Institutional investors and hedge funds own 81.13% of the company’s stock.

The company also recently declared a quarterly dividend, which was paid on Wednesday, January 10th. Stockholders of record on Wednesday, December 20th were issued a $0.50 dividend. The ex-dividend date of this dividend was Tuesday, December 19th. This represents a $2.00 dividend on an annualized basis and a dividend yield of 1.85%. Tiffany & Co.’s dividend payout ratio (DPR) is 53.62%.

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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.

Earnings History and Estimates for Tiffany & Co. (NYSE:TIF)

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