Tiffany closed at $82.66 in the latest trading session, marking a -1.31% move from the prior day. This move was narrower than the S&P 500's daily loss of 1.91%. Elsewhere, the Dow lost 2.02%, while the tech-heavy Nasdaq lost 2.26%.
Prior to today's trading, shares of the luxury jeweler had lost 20.95% over the past month. This has lagged the Retail-Wholesale sector's loss of 2.54% and the S&P 500's loss of 2.51% in that time.
Wall Street will be looking for positivity from TIF as it approaches its next earnings report date. This is expected to be March 15, 2019. In that report, analysts expect TIF to post earnings of $1.72 per share. This would mark year-over-year growth of 2.99%. Meanwhile, the Zacks Consensus Estimate for revenue is projecting net sales of $1.39 billion, up 3.86% from the year-ago period.
TIF's full-year Zacks Consensus Estimates are calling for earnings of $4.79 per share and revenue of $4.52 billion. These results would represent year-over-year changes of +15.98% and +8.5%, respectively.
It is also important to note the recent changes to analyst estimates for TIF. These revisions help to show the ever-changing nature of near-term business trends. With this in mind, we can consider positive estimate revisions a sign of optimism about the company's business outlook.
Our research shows that these estimate changes are directly correlated with near-term stock prices. We developed the Zacks Rank to capitalize on this phenomenon. Our system takes these estimate changes into account and delivers a clear, actionable rating model.
The Zacks Rank system ranges from #1 (Strong Buy) to #5 (Strong Sell). It has a remarkable, outside-audited track record of success, with #1 stocks delivering an average annual return of +25% since 1988. Within the past 30 days, our consensus EPS projection has moved 0.61% lower. TIF is holding a Zacks Rank of #3 (Hold) right now.
Investors should also note TIF's current valuation metrics, including its Forward P/E ratio of 17.47. Its industry sports an average Forward P/E of 12.69, so we one might conclude that TIF is trading at a premium comparatively.
We can also see that TIF currently has a PEG ratio of 1.53. This popular metric is similar to the widely-known P/E ratio, with the difference being that the PEG ratio also takes into account the company's expected earnings growth rate. The Retail - Jewelry industry currently had an average PEG ratio of 1.2 as of yesterday's close.
The Retail - Jewelry industry is part of the Retail-Wholesale sector. This group has a Zacks Industry Rank of 109, putting it in the top 42% of all 250+ industries.
The Zacks Industry Rank gauges the strength of our industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
To follow TIF in the coming trading sessions, be sure to utilize Zacks.com.
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Tiffany (TIF) Stock Moves -1.31%: What You Should Know
Tiffany closed at $82.66 in the latest trading session, marking a -1.31% move from the prior day. This move was narrower than the S&P 500's daily loss of 1.91%. Elsewhere, the Dow lost 2.02%, while the tech-heavy Nasdaq lost 2.26%.
Prior to today's trading, shares of the luxury jeweler had lost 20.95% over the past month. This has lagged the Retail-Wholesale sector's loss of 2.54% and the S&P 500's loss of 2.51% in that time.
Wall Street will be looking for positivity from TIF as it approaches its next earnings report date. This is expected to be March 15, 2019. In that report, analysts expect TIF to post earnings of $1.72 per share. This would mark year-over-year growth of 2.99%. Meanwhile, the Zacks Consensus Estimate for revenue is projecting net sales of $1.39 billion, up 3.86% from the year-ago period.
TIF's full-year Zacks Consensus Estimates are calling for earnings of $4.79 per share and revenue of $4.52 billion. These results would represent year-over-year changes of +15.98% and +8.5%, respectively.
It is also important to note the recent changes to analyst estimates for TIF. These revisions help to show the ever-changing nature of near-term business trends. With this in mind, we can consider positive estimate revisions a sign of optimism about the company's business outlook.
Our research shows that these estimate changes are directly correlated with near-term stock prices. We developed the Zacks Rank to capitalize on this phenomenon. Our system takes these estimate changes into account and delivers a clear, actionable rating model.
The Zacks Rank system ranges from #1 (Strong Buy) to #5 (Strong Sell). It has a remarkable, outside-audited track record of success, with #1 stocks delivering an average annual return of +25% since 1988. Within the past 30 days, our consensus EPS projection has moved 0.61% lower. TIF is holding a Zacks Rank of #3 (Hold) right now.
Investors should also note TIF's current valuation metrics, including its Forward P/E ratio of 17.47. Its industry sports an average Forward P/E of 12.69, so we one might conclude that TIF is trading at a premium comparatively.
We can also see that TIF currently has a PEG ratio of 1.53. This popular metric is similar to the widely-known P/E ratio, with the difference being that the PEG ratio also takes into account the company's expected earnings growth rate. The Retail - Jewelry industry currently had an average PEG ratio of 1.2 as of yesterday's close.
The Retail - Jewelry industry is part of the Retail-Wholesale sector. This group has a Zacks Industry Rank of 109, putting it in the top 42% of all 250+ industries.
The Zacks Industry Rank gauges the strength of our industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
To follow TIF in the coming trading sessions, be sure to utilize Zacks.com.