Tiffany (TIF) Is Today's Pre-Market Laggard Stock
Editor's Note: Any reference to TheStreet Ratings and its underlying recommendation does not reflect the opinion of TheStreet, Inc. or any of its contributors including Jim Cramer.
Trade-Ideas LLC identified
(
) as a pre-market laggard candidate. In addition to specific proprietary factors, Trade-Ideas identified Tiffany as such a stock due to the following factors:
- TIF has an average dollar-volume (as measured by average daily share volume multiplied by share price) of $195.7 million.
- TIF traded 18,791 shares today in the pre-market hours as of 7:40 AM.
- TIF is down 3.3% today from yesterday's close.
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More details on TIF:
Tiffany & Co., through its subsidiaries, designs, manufactures, and retails jewelry worldwide. The company operates through Americas, Asia-Pacific, Japan, Europe, and Other segments. The stock currently has a dividend yield of 1.8%. TIF has a PE ratio of 59.9. Currently there are 12 analysts that rate Tiffany a buy, no analysts rate it a sell, and 9 rate it a hold.
The average volume for Tiffany has been 1.6 million shares per day over the past 30 days. Tiffany has a market cap of $11.0 billion and is part of the services sector and specialty retail industry. The stock has a beta of 2.16 and a short float of 3% with 1.45 days to cover. Shares are down 20% year-to-date as of the close of trading on Wednesday.
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Analysis:
rates Tiffany as a
. The company's strengths can be seen in multiple areas, such as its revenue growth, expanding profit margins and largely solid financial position with reasonable debt levels by most measures. However, as a counter to these strengths, we also find weaknesses including a generally disappointing performance in the stock itself, deteriorating net income and disappointing return on equity.
Highlights from the ratings report include:
- Despite its growing revenue, the company underperformed as compared with the industry average of 13.3%. Since the same quarter one year prior, revenues slightly increased by 5.3%. This growth in revenue does not appear to have trickled down to the company's bottom line, displayed by a decline in earnings per share.
- The gross profit margin for TIFFANY & CO is rather high; currently it is at 64.44%. It has increased from the same quarter the previous year. Regardless of the strong results of the gross profit margin, the net profit margin of 3.98% trails the industry average.
- The current debt-to-equity ratio, 0.38, is low and is below the industry average, implying that there has been successful management of debt levels. Although the company had a strong debt-to-equity ratio, its quick ratio of 0.88 is somewhat weak and could be cause for future problems.
- Net operating cash flow has significantly decreased to $24.98 million or 70.62% when compared to the same quarter last year. In addition, when comparing to the industry average, the firm's growth rate is much lower.
- The share price of TIFFANY & CO has not done very well: it is down 6.70% and has underperformed the S&P 500, in part reflecting the company's sharply declining earnings per share when compared to the year-earlier quarter. Looking ahead, we do not see anything in this company's numbers that would change the one-year trend. It was down over the last twelve months; and it could be down again in the next twelve. Naturally, a bull or bear market could sway the movement of this stock.
- You can view the full Tiffany Ratings Report.
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