Drilling Down Into Tiffany & Co. (TIF)

Tiffany & Co. (TIF) is an interesting player in the Services space, with a focus on Jewelry Stores. The stock has been active on the tape, currently trading at $91.32, down from yesterday’s close by -0.91%. Given the stock’s recent action, it seemed like a good time to take a closer look at the company’s recent data.

Fundamental Analysis

No amount of research is complete without a bird’s eye view of the financial data. Tiffany & Co. (TIF) currently trades with a market capitalization of $11.36 Billion. That value represents a market adjusting for revenues that have been growing by 0.93 % on a quarterly year/year basis as of the company’s last quarterly report.

The balance sheet health of any company plays a key role in its ability to meet its obligations and maintain the faith of its investment base. For TIF, the company currently has $838.8 Million of cash on the books, which is offset by $190.6 Million current liabilities. You can get a sense of how sustainable that is by a levered free cash flow of $524.2 Million over the past twelve months. Generally speaking, earnings are expected to fall in coming quarters. Analysts are forecasting earnings of $0.87 on a per share basis this quarter. Perhaps, that suggests something about why 78.92% of the outstanding share supply is held by institutional investors.

Technical Analysis

Sometimes, we can understand most about a stock by simply looking at how it has been trading. Looking at the stock’s movement on the chart, Tiffany & Co. recorded a 52-week high of $97.29. It is now trading 5.97% off that level. The stock is trading $92.53 its 50-day moving average by 1.21%. The stock carved out a 52-week low down at $62.93.

In recent action, Tiffany & Co. (TIF) has made a move of +0.53% over the past month, which has come on weak relative transaction volume. Over the trailing year, the stock is outperforming the S&P 500 by 28.11, and it’s gotten there by action that has been more volatile on a day-to-day basis than most other stocks on the exchange. In terms of the mechanics underlying that movement, traders will want to note that the stock is trading on a float of 3.96% with $123.65 Million sitting short, betting on future declines. That suggests something of the likelihood of a short squeeze in shares of TIF.

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