Factors Likely to Have Influenced Earnings Results Tiffany & Co. Stock Forecast, Price & News (NYSE:TIF)

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Earnings results for Tiffany & Co. Stock Forecast, Price & News (NYSE:TIF)

Tiffany & Co. is estimated to report earnings on 08/26/2020. The upcoming earnings date is derived from an algorithm based on a company’s historical reporting dates. Our vendor, Zacks Investment Research, might revise this date in the future, once the company announces the actual earnings date. According to Zacks Investment Research, based on 3 analysts’ forecasts, the consensus EPS forecast for the quarter is $0.35. The reported EPS for the same quarter last year was $1.12.

Tiffany & Co. last announced its earnings data on June 9th, 2020. The specialty retailer reported ($0.53) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.21 by $0.74. The firm had revenue of $555.50 million for the quarter, compared to analyst estimates of $653.97 million. Its quarterly revenue was down 44.6% on a year-over-year basis. Tiffany & Co. has generated $4.59 earnings per share over the last year and currently has a price-to-earnings ratio of 42.1. Tiffany & Co. has not formally confirmed its next earnings publication date, but the company’s estimated earnings date is Wednesday, August 26th, 2020 based off prior year’s report dates.

Analyst Opinion on Tiffany & Co. Stock Forecast, Price & News (NYSE:TIF)

19 Wall Street analysts have issued ratings and price targets for Tiffany & Co. in the last 12 months. Their average twelve-month price target is $124.27, predicting that the stock has a possible upside of 1.87%. The high price target for TIF is $145.00 and the low price target for TIF is $89.00. There are currently 16 hold ratings and 3 buy ratings for the stock, resulting in a consensus rating of “Hold.”

Tiffany & Co. has received a consensus rating of Hold. The company’s average rating score is 2.16, and is based on 3 buy ratings, 16 hold ratings, and no sell ratings. According to analysts’ consensus price target of $124.27, Tiffany & Co. has a forecasted upside of 1.9% from its current price of $121.99. Tiffany & Co. has only been the subject of 2 research reports in the past 90 days.

Dividend Strength: Tiffany & Co. Stock Forecast, Price & News (NYSE:TIF)

Tiffany & Co. pays a meaningful dividend of 1.83%, higher than the bottom 25% of all stocks that pay dividends. Tiffany & Co. has been increasing its dividend for 10 years. The dividend payout ratio of Tiffany & Co. is 50.54%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Tiffany & Co. will have a dividend payout ratio of 62.70% next year. This indicates that Tiffany & Co. will be able to sustain or increase its dividend.

Insiders buying/selling: Tiffany & Co. Stock Forecast, Price & News (NYSE:TIF)

In the past three months, Tiffany & Co. insiders have not sold or bought any company stock. Only 0.74% of the stock of Tiffany & Co. is held by insiders. 80.11% of the stock of Tiffany & Co. is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

Earnings and Valuation of Tiffany & Co. Stock Forecast, Price & News (NYSE:TIF

Earnings for Tiffany & Co. are expected to grow by 65.18% in the coming year, from $2.24 to $3.70 per share. The P/E ratio of Tiffany & Co. is 42.07, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 18.60. The P/E ratio of Tiffany & Co. is 42.07, which means that it is trading at a more expensive P/E ratio than the Retail/Wholesale sector average P/E ratio of about 34.02. Tiffany & Co. has a PEG Ratio of 6.24. PEG Ratios above 1 indicate that a company could be overvalued. Tiffany & Co. has a P/B Ratio of 4.43. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

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