Tiffany & Co. (TIF): Today's Featured Services Loser
(
) pushed the Services sector lower today making it today's featured Services loser. The sector as a whole closed the day up 0.2%. By the end of trading, Tiffany fell $1.27 (-2.2%) to $56.32 on heavy volume. Throughout the day, 4.7 million shares of Tiffany exchanged hands as compared to its average daily volume of 2.1 million shares. The stock ranged in price between $56.25-$57.56 after having opened the day at $57 as compared to the previous trading day's close of $57.59. Other company's within the Services sector that declined today were:
(
), down 41%,
(
), down 16.3%,
(
), down 10.3%, and
TheStreet Recommends
(
), down 8.6%.
Tiffany & Co., through its subsidiaries, engages in the design, manufacture, and retail of fine jewelry worldwide. Tiffany has a market cap of $7.76 billion and is part of the
industry. The company has a P/E ratio of 18.2, equal to the average specialty retail industry P/E ratio and above the S&P 500 P/E ratio of 17.7. Shares are down 13.1% year to date as of the close of trading on Thursday. Currently there are nine analysts that rate Tiffany a buy, no analysts rate it a sell, and eight rate it a hold.
TheStreet Ratings rates Tiffany as a
. The company's strengths can be seen in multiple areas, such as its revenue growth, notable return on equity, expanding profit margins and largely solid financial position with reasonable debt levels by most measures. We feel these strengths outweigh the fact that the company shows weak operating cash flow.
- You can view the full Tiffany Ratings Report.
On the positive front,
(
), up 13%,
(
), up 12.6%,
(
), up 11.4%, and
(
), up 10.2%, were all gainers within the services sector with
(
) being today's featured services sector winner.
- Use our services section to find sector-relevant news.
- Or find some new ideas from our top rated stocks lists.
For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the services sector could consider
iShares Dow Jones US Cons Services
(
) while those bearish on the services sector could consider
ProShares Ultra Short Consumer Sers
(
).
- Find other investment ideas from our top rated ETFs lists.
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