Tiffany & Co. Common Stock (NYSE:TIF).
August 26 investment analysts at Cowen & Company made no change to the company rating of “Hold” and raised the price expectation from $68.00 to $75.50. On August 26 Citigroup held the company rating at “Neutral” and moved up the price target to $79.00 from $78.00.
On May 26 Goldman Sachs maintained a stock rating of “Neutral” but lowered the price expectation from $71.00 to $69.00. May 18 investment analysts at Cowen & Company kept the company rating at “Market Perform” but moved down the price target to $68.00 from $70.00.
On March 22, 2016 the stock rating was changed to a “Buy” in a report from SBG Securities up from the previous “Hold” rating.
The company is down from yesterday’s close of $71.65. The company also recently declared a dividend for shareholders that will be paid on Tuesday October 11th, 2016. The dividend will be $0.450 per share for the quarter or $1.80 annualized. The dividend yield will be $2.48. The ex-dividend date will be Friday September 16th, 2016.
The stock last traded at $71.20 which is marginally higher than $69.76, the 50 day moving average and which is a tad above the 200 day moving average of $66.95. The 50 day moving average was up by +2.06% whereas the 200 day moving average was up $4.25 or +6.35%.
The P/E ratio is currently 20.31 and market capitalization is 8.89B. In the latest earnings report the EPS was $3.51 and is expected to be $3.67 for the current year with 124,891,000 shares currently outstanding. Analysts expect next quarter’s EPS will be $1.47 and the next full year EPS is projected to be $3.94.