Back to top

Analyst Blog

After four successive quarters of earnings beats, Tiffany & Company (TIF - Analyst Report) missed the Zacks Consensus Estimate, when it reported the final quarter of fiscal 2013 on Mar 21. Since then the shares of this designer, manufacturer and retailer of fine jewelry has fallen roughly 5%.

Estimates have shown a downtrend since it posted the results. The softness in results triggered a downtrend in the Zacks Consensus Estimates, as analysts become less constructive on the stock’s future performance.

This is evident from the movement witnessed in the Zacks Consensus Estimate that tumbled 3.3% to $4.12 for fiscal 2014 in the past 30 days. For fiscal 2015, the Zacks Consensus Estimate slipped 2.1% to $4.74 in the same period.

We observe that both the top and bottom lines fell short of the Zacks Consensus Estimate. Tiffany posted fourth-quarter fiscal 2013 adjusted earnings of $1.47 per share that missed the Zacks Consensus Estimate of $1.52. Net sales of $1,298.3 million came below the Zacks Consensus Estimate of $1,303 million.

However, what provided some respite to the stock was that both the top and bottom lines registered year-over-year growth of 5%. We believe Tiffany holds a significant position in the world jewelry market, and its long-term growth prospects remain encouraging given its new product launches and focus on enhancing its geographic reach through the store expansion program.

Tiffany currently sports a Zacks Rank #3 (Hold).

Other Stocks to Consider

Other better ranked retail stocks that look promising include Zale Corp. and Michael Kors Holdings Ltd. (KORS - Analyst Report) both sporting Zacks Rank #1 (Strong Buy), while Hanesbrands Inc. (HBI - Analyst Report) holds a Zacks Rank #2 (Buy).

Please login to Zacks.com or register to post a comment.

New to Zacks?

Start Here

Zacks Investment Research

Close

Are you a new Zacks Member or a visitor to Zacks.com?

Top Zacks Features

My Portfolio Tracker

Is it Time to Sell?

One of the most important steps you can take today is to set up your portfolio tracker on Zacks.com. Once you do, you'll be notified of major events affecting your stocks and/or funds with daily email alerts.

More Zacks Resources

Zacks Rank Home - Evaluate your stocks and use the Zacks Rank to eliminate the losers and keep the winners.

Mutual Fund Rank Home - Evaluate your funds with the Mutual Fund Rank for both your personal and retirement funds.

Stock/Mutual Fund Screening - Find better stocks and mutual funds. The ones most likely to beat the market and provide a positive return.

My Portfolio - Track your Portfolio and find out where your stocks/mutual funds stack up with the Zacks Rank.

Zacks #1 Rank Top Movers for Zacks #1 Rank Top Movers

Company Symbol Price %Chg
FELCOR LODG… FCH 10.47 +3.46%
OLD DOMINIO… ODFL 63.48 +1.18%
VASCO DATA… VDSI 13.57 +0.67%
AMEDISYS IN… AMED 20.18 +0.10%
LENOVO GROU… LNVGY 27.07 +0.04%