Tiffany & Co. (TIF) Releases FY19 Earnings Guidance

Tiffany & Co. (NYSE:TIF) updated its FY19 earnings guidance on Friday. The company provided earnings per share (EPS) guidance of $4.25-4.45 for the period, compared to the Thomson Reuters consensus estimate of $4.42. The company issued revenue guidance of mid single digits (cons +4.8%), compared to the consensus revenue estimate of $4.37 billion.

Several brokerages have recently weighed in on TIF. Oppenheimer reissued a buy rating on shares of Tiffany & Co. in a research report on Wednesday, November 22nd. Wells Fargo set a $96.00 price target on shares of Tiffany & Co. and gave the company a hold rating in a research report on Thursday, January 11th. Zacks Investment Research raised shares of Tiffany & Co. from a hold rating to a buy rating and set a $104.00 price target on the stock in a research report on Monday, November 27th. Royal Bank of Canada boosted their price target on shares of Tiffany & Co. to $108.00 and gave the company a sector perform rating in a research report on Thursday, January 18th. They noted that the move was a valuation call. Finally, Citigroup raised shares of Tiffany & Co. from a neutral rating to a buy rating and boosted their price target for the company from $92.00 to $115.00 in a research report on Thursday, December 14th. Ten investment analysts have rated the stock with a hold rating and thirteen have given a buy rating to the company’s stock. The stock currently has a consensus rating of Buy and an average price target of $105.00.

Tiffany & Co. (NYSE:TIF) opened at $97.51 on Friday. Tiffany & Co. has a 1 year low of $84.15 and a 1 year high of $111.44. The company has a debt-to-equity ratio of 0.28, a current ratio of 5.44 and a quick ratio of 2.09. The company has a market cap of $12,764.53, a PE ratio of 26.21, a price-to-earnings-growth ratio of 2.16 and a beta of 1.78.

Tiffany & Co. (NYSE:TIF) last posted its earnings results on Friday, March 16th. The specialty retailer reported $1.67 EPS for the quarter, beating the Zacks’ consensus estimate of $1.63 by $0.04. The company had revenue of $1.33 billion for the quarter, compared to analysts’ expectations of $1.32 billion. Tiffany & Co. had a net margin of 11.46% and a return on equity of 15.77%. Tiffany & Co.’s revenue for the quarter was up 8.5% compared to the same quarter last year. During the same quarter in the prior year, the company posted $1.45 earnings per share. equities research analysts forecast that Tiffany & Co. will post 4.09 EPS for the current fiscal year.

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, April 10th. Stockholders of record on Tuesday, March 20th will be given a dividend of $0.50 per share. The ex-dividend date is Monday, March 19th. This represents a $2.00 annualized dividend and a dividend yield of 2.05%. Tiffany & Co.’s dividend payout ratio is presently 53.76%.

In other news, Director Abby F. Kohnstamm sold 10,000 shares of the stock in a transaction dated Tuesday, January 23rd. The shares were sold at an average price of $108.73, for a total transaction of $1,087,300.00. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, insider Andrew W. Hart sold 40,251 shares of the stock in a transaction dated Monday, January 22nd. The stock was sold at an average price of $109.22, for a total transaction of $4,396,214.22. Following the sale, the insider now directly owns 22,369 shares in the company, valued at approximately $2,443,142.18. The disclosure for this sale can be found here. Insiders have sold 135,832 shares of company stock worth $14,611,214 in the last three months. Corporate insiders own 1.40% of the company’s stock.

COPYRIGHT VIOLATION NOTICE: This report was originally reported by Dispatch Tribunal and is owned by of Dispatch Tribunal. If you are accessing this report on another publication, it was illegally copied and republished in violation of U.S. & international copyright law. The original version of this report can be read at

About Tiffany & Co.

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)

Receive News & Ratings for Tiffany & Co. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Tiffany & Co. and related companies with's FREE daily email newsletter.

Leave a Reply