Somewhat Positive Media Coverage Somewhat Unlikely to Impact Tiffany & Co. (TIF) Stock Price

News stories about Tiffany & Co. (NYSE:TIF) have been trending somewhat positive this week, according to Accern. The research firm scores the sentiment of press coverage by reviewing more than twenty million news and blog sources. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Tiffany & Co. earned a media sentiment score of 0.20 on Accern’s scale. Accern also gave news articles about the specialty retailer an impact score of 46.5152857947215 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the near future.

Here are some of the media stories that may have effected Accern Sentiment Analysis’s rankings:

A number of brokerages have issued reports on TIF. Oppenheimer restated a “buy” rating on shares of Tiffany & Co. in a research report on Wednesday, January 24th. Wells Fargo & Co restated a “hold” rating on shares of Tiffany & Co. in a research report on Wednesday, January 17th. Zacks Investment Research downgraded Tiffany & Co. from a “buy” rating to a “hold” rating in a research report on Thursday, November 30th. SBG Securities downgraded Tiffany & Co. from a “buy” rating to a “hold” rating in a research report on Thursday, November 30th. Finally, Cowen set a $102.00 price objective on Tiffany & Co. and gave the company a “buy” rating in a research report on Thursday, November 30th. Ten analysts have rated the stock with a hold rating and eleven have assigned a buy rating to the company’s stock. The stock currently has a consensus rating of “Buy” and an average price target of $102.00.

Tiffany & Co. (NYSE:TIF) opened at $101.88 on Friday. The company has a market capitalization of $12,810.51, a P/E ratio of 27.39, a PEG ratio of 2.15 and a beta of 1.80. Tiffany & Co. has a 52 week low of $80.48 and a 52 week high of $111.44. The company has a debt-to-equity ratio of 0.28, a quick ratio of 2.09 and a current ratio of 5.44.

Tiffany & Co. (NYSE:TIF) last released its earnings results on Wednesday, November 29th. The specialty retailer reported $0.80 EPS for the quarter, beating analysts’ consensus estimates of $0.76 by $0.04. The firm had revenue of $976.20 million for the quarter, compared to analysts’ expectations of $957.18 million. Tiffany & Co. had a return on equity of 15.77% and a net margin of 11.46%. The company’s quarterly revenue was up 2.8% on a year-over-year basis. During the same quarter in the prior year, the firm posted $0.76 earnings per share. sell-side analysts forecast that Tiffany & Co. will post 4.08 EPS for the current year.

In related news, insider Jean-Marc Bellaiche sold 9,170 shares of the stock in a transaction that occurred on Wednesday, January 24th. The stock was sold at an average price of $109.47, for a total value of $1,003,839.90. Following the transaction, the insider now owns 14,183 shares of the company’s stock, valued at $1,552,613.01. The sale was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Also, SVP Philippe Galtie sold 24,758 shares of the stock in a transaction that occurred on Monday, January 22nd. The stock was sold at an average price of $109.79, for a total value of $2,718,180.82. Following the completion of the transaction, the senior vice president now directly owns 10,813 shares in the company, valued at approximately $1,187,159.27. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 92,217 shares of company stock worth $10,076,469. Insiders own 1.40% of the company’s stock.

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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.

Insider Buying and Selling by Quarter for Tiffany & Co. (NYSE:TIF)

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