Friday, February 26, 2021

Tiffany & Co. [TIF] fell -1.55% so far this year. What now?

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Tiffany & Co. [NYSE: TIF] stock went on an upward path that rose over 0.05% on Wednesday, amounting to a one-week price increase of more than 0.16%. The company report on November 24, 2020 that Tiffany Reports Third Quarter Results.

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Third Quarter Net Earnings Grow in Excess of 50 Percent Versus Year Ago.


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Tiffany & Co. (NYSE: TIF) reported its financial results for the three months (“third quarter”) and nine months (“year-to-date”) ended October 31, 2020. In the third quarter, worldwide net sales returned to the billion dollar level and represented a decrease of 1% as compared to the prior year; on a constant-exchange-rate basis, which excludes the effect of translating foreign-currency-denominated sales into U.S. dollars (see “Non-GAAP Measures”), worldwide net sales for the three months were 2% below the prior year. Net earnings increased 52% for the third quarter as compared to prior year (73% improvement when excluding certain costs related to the Merger (as defined below); see “Non-GAAP Measures”) reflecting higher gross and operating margins and a lower effective income tax rate. In the year-to-date, worldwide net sales decreased 25% as compared to the same period in the prior year and, on a constant-exchange-rate basis (see “Non-GAAP Measures”), decreased 24% in the nine months as compared to the prior year. Net earnings turned positive in the year-to-date.

Over the last 12 months, TIF stock dropped by -1.23%. The one-year Tiffany & Co. stock forecast points to a potential downside of -3.64. The average equity rating for TIF stock is currently 3.00, trading closer to a bullish pattern in the stock market.

The market cap for the stock reached $15.98 billion, with 121.40 million shares outstanding and 119.01 million shares in the current float. Compared to the average trading volume of 1.98M shares, TIF stock reached a trading volume of 2431095 in the most recent trading day, which is why market watchdogs consider the stock to be active.

Guru’s Opinion on Tiffany & Co. [TIF]:

Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for TIF shares is $126.96 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on TIF stock is a recommendation set at 3.00. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.

Guggenheim have made an estimate for Tiffany & Co. shares, keeping their opinion on the stock as Neutral, with their previous recommendation back on November 25, 2019. The new note on the price target was released on November 08, 2019, representing the official price target for Tiffany & Co. stock. Previously, the target price had yet another raise to $126, while Oppenheimer analysts kept a Perform rating on TIF stock.

The Average True Range (ATR) for Tiffany & Co. is set at 0.57, with the Price to Sales ratio for TIF stock in the period of the last 12 months amounting to 4.35. The Price to Book ratio for the last quarter was 5.00, with the Price to Cash per share for the same quarter was set at 8.59.

TIF Stock Performance Analysis:

Tiffany & Co. [TIF] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 0.16. With this latest performance, TIF shares gained by 2.09% in over the last four-week period, additionally plugging by 2.69% over the last 6 months – not to mention a drop of -1.23% in the past year of trading.

Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for TIF stock in for the last two-week period is set at 86.91, with the RSI for the last a single of trading hit 83.29, and the three-weeks RSI is set at 75.41 for Tiffany & Co. [TIF]. The present Moving Average for the last 50 days of trading for this stock 124.03, while it was recorded at 131.51 for the last single week of trading, and 124.89 for the last 200 days.

Insight into Tiffany & Co. Fundamentals:

Operating Margin for any stock indicates how profitable investing would be, and Tiffany & Co. [TIF] shares currently have an operating margin of +16.52 and a Gross Margin at +62.39. Tiffany & Co.’s Net Margin is presently recorded at +12.23.

Return on Total Capital for TIF is now 15.06, given the latest momentum, and Return on Invested Capital for the company is 11.74. Return on Equity for this stock inclined to 16.80, with Return on Assets sitting at 9.02. When it comes to the capital structure of this company, Tiffany & Co. [TIF] has a Total Debt to Total Equity ratio set at 67.51. Additionally, TIF Total Debt to Total Capital is recorded at 40.30, with Total Debt to Total Assets ending up at 33.68. Long-Term Debt to Equity for the company is recorded at 56.95, with the Long-Term Debt to Total Capital now at 34.00.

Reflecting on the efficiency of the workforce at the company, Tiffany & Co. [TIF] managed to generate an average of $38,376 per employee. Receivables Turnover for the company is 18.23 with a Total Asset Turnover recorded at a value of 0.74.Tiffany & Co.’s liquidity data is similarly interesting compelling, with a Quick Ratio of 1.20 and a Current Ratio set at 3.20.

TIF Stock EPS

With the latest financial reports released by the company, Tiffany & Co. posted 1.8/share EPS, while the average EPS was predicted by analysts to be reported at 1.77/share. When compared, the two values demonstrate that the company surpassed the estimates by a Surprise Factor of 1.70%. The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for TIF. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Tiffany & Co. go to -0.83%.

Tiffany & Co. [TIF] Insider Position Details

There are presently around $11,992 million, or 88.20% of TIF stock, in the hands of institutional investors. The top three institutional holders of TIF stocks are: VANGUARD GROUP INC with ownership of 12,415,471, which is approximately -3.289% of the company’s market cap and around 0.30% of the total institutional ownership; BLACKROCK INC., holding 8,809,611 shares of the stock with an approximate value of $1.16 billion in TIF stocks shares; and STATE STREET CORP, currently with $626.44 million in TIF stock with ownership of nearly 0.064% of the company’s market capitalization.

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Positions in Tiffany & Co. stocks held by institutional investors increased at the end of November and at the time of the November reporting period, where 204 institutional holders increased their position in Tiffany & Co. [NYSE:TIF] by around 10,267,183 shares. Additionally, 277 investors decreased positions by around 15,822,951 shares, while 91 investors held positions by with 65,050,189 shares. The mentioned changes placed institutional holdings at 91,140,323 shares, according to the latest SEC report filing. TIF stock had 45 new institutional investments in for a total of 2,667,092 shares, while 72 institutional investors sold positions of 2,673,173 shares during the same period.

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