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Q4 2018 EPS Estimates for tiffany & co shop & Co. Reduced by William Blair (NYSE:TIF)

admin / December 17, 2017

Q4 2018 EPS Estimates for tiffany & co shop & Co. Reduced by William Blair (NYSE:TIF)-1

tiffany & co shop & Co. (NYSE:TIF) – Stock analysts at William Blair lowered their Q4 2018 EPS estimates for tiffany & co shop & Co. in a research report issued on Wednesday, Zacks Investment Research reports. William Blair analyst D. Carden now expects that the specialty retailer will earn $1.49 per share for the quarter, down from their previous estimate of $1.55.

TIF has been the topic of a number of other research reports. KeyCorp restated a “hold” rating on shares of tiffany & co shop & Co. in a report on Wednesday, October 11th. Zacks Investment Research lowered tiffany & co shop & Co. from a “buy” rating to a “hold” rating in a report on Monday, November 13th. Susquehanna Bancshares began coverage on tiffany & co shop & Co. in a report on Thursday, November 2nd. They set a “neutral” rating and a $100.00 price target on the stock. Royal Bank of Canada set a $94.00 price target on tiffany & co shop & Co. and gave the stock a “hold” rating in a report on Thursday, November 30th. Finally, Cowen set a $102.00 price target on tiffany & co shop & Co. and gave the stock a “buy” rating in a report on Wednesday, October 18th. Ten equities research analysts have rated the stock with a hold rating and eleven have issued a buy rating to the company’s stock. tiffany & co shop & Co. presently has an average rating of “Buy” and a consensus target price of $100.38.

Shares of tiffany & co shop & Co. (NYSE TIF) traded up $2.00 during mid-day trading on Monday, reaching $101.34. The company’s stock had a trading volume of 2,506,100 shares, compared to its average volume of 1,668,810. The company has a quick ratio of 2.09, a current ratio of 5.44 and a debt-to-equity ratio of 0.28. The stock has a market cap of $11,943.06, a price-to-earnings ratio of 24.58, a P/E/G ratio of 2.24 and a beta of 1.93. tiffany & co shop & Co. has a 12 month low of $76.08 and a 12 month high of $101.88.

tiffany & co shop & Co. (NYSE:TIF) last announced its quarterly earnings data on Wednesday, November 29th. The specialty retailer reported $0.80 earnings per share for the quarter, beating analysts’ consensus estimates of $0.76 by $0.04. The company had revenue of $976.20 million for the quarter, compared to analyst estimates of $957.18 million. tiffany & co shop & Co. had a return on equity of 15.77% and a net margin of 11.46%. The firm’s revenue for the quarter was up 2.8% on a year-over-year basis. During the same quarter last year, the firm posted $0.76 EPS.

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in TIF. US Bancorp DE grew its position in tiffany & co shop & Co. by 24.0% in the 2nd quarter. US Bancorp DE now owns 10,895 shares of the specialty retailer’s stock valued at $1,022,000 after acquiring an additional 2,106 shares in the last quarter. Russell Investments Group Ltd. grew its position in tiffany & co shop & Co. by 12.6% in the 2nd quarter. Russell Investments Group Ltd. now owns 98,715 shares of the specialty retailer’s stock valued at $9,268,000 after acquiring an additional 11,037 shares in the last quarter. Strs Ohio grew its position in tiffany & co shop & Co. by 53.5% in the 2nd quarter. Strs Ohio now owns 21,971 shares of the specialty retailer’s stock valued at $2,062,000 after acquiring an additional 7,662 shares in the last quarter. Janney Montgomery Scott LLC grew its position in tiffany & co shop & Co. by 1.7% in the 2nd quarter. Janney Montgomery Scott LLC now owns 6,619 shares of the specialty retailer’s stock valued at $621,000 after acquiring an additional 113 shares in the last quarter. Finally, State of New Jersey Common Pension Fund D acquired a new position in tiffany & co shop & Co. in the 2nd quarter valued at about $1,408,000. 81.19% of the stock is owned by institutional investors.

In other tiffany & co shop & Co. news, Director Robert S. Singer acquired 1,000 shares of the business’s stock in a transaction that occurred on Monday, September 25th. The stock was purchased at an average cost of $88.13 per share, with a total value of $88,130.00. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, Director Francesco Trapani acquired 25,000 shares of the business’s stock in a transaction that occurred on Tuesday, September 26th. The shares were acquired at an average cost of $89.34 per share, with a total value of $2,233,500.00. The disclosure for this purchase can be found here. 1.40% of the stock is currently owned by company insiders.

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, January 10th. Investors of record on Wednesday, December 20th will be given a dividend of $0.50 per share. This represents a $2.00 dividend on an annualized basis and a dividend yield of 1.97%. The ex-dividend date is Tuesday, December 19th. tiffany & co shop & Co.’s payout ratio is 53.76%.

About tiffany & co shop & Co.

tiffany & co shop & Co is a holding company that operates through its subsidiary companies. The Company’s principal subsidiary, tiffany & co shop 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 shop & CO.

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Q4 2018 EPS Estimates for tiffany & co shop & Co. Reduced by William Blair (NYSE:TIF)-2

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