Thomson Reuters, a distinguished brokerage company, has placed a 52-week price target of $77.22 on Tiffany & Co. (NYSE:TIF) shares after it surveyed top market analysts. Calculating estimated earnings after taking into consideration different elements, it is predicted to come at $3.69 for the next fiscal and $N/A for underway quarter.
Analysts take into account the price to earnings ratio to estimate the firm’s valuation. This ratio, which is also called as the P/E ratio evaluates the company on relative expense factor. The formula to calculate ratio is stock’s latest price/ per share earnings. The P/E ratio of Tiffany & Co. (NYSE:TIF) stands at 20.22.
Analysts also work out Price/Earnings Growth ratio in an attempt to estimate the valuation of a firm. This ratio commonly known as the PEG ratio implies the stock’s valuation compared to earnings growth potential. Investors look to invest in the stocks with a lower PEG ratio. For Tiffany & Co. Common Stock, the PEG ratio for coming 3-5 years is 2.45.
The technical analysis highlights that Tiffany & Co. Common Stock current is trading $5.42 points away or +8.28% from its 50-day moving average of $65.46. Further it is trading $4.39 or +6.60% away its 200-day moving average of $66.49.
The 52-week high of Tiffany & Co. (NYSE:TIF) was $84.19 while lowest point recorded in 52-week was $56.99. It implies if stock price makes a movement of over $-13.31, it will record a new 52-week high. In the case of +24.37% drop, it will touch a new 52-week low.
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