|Bid||102.00 x 3200|
|Ask||0.00 x 1200|
|Day's Range||97.30 - 104.20|
|52 Week Range||73.04 - 141.64|
|Beta (3Y Monthly)||1.35|
|PE Ratio (TTM)||21.73|
|Earnings Date||Jun 4, 2019|
|Forward Dividend & Yield||2.20 (2.20%)|
|1y Target Est||106.95|
The Dow Jones Industrial Average closed down sharply Friday as weaker-than-expected manufacturing data in the U.S. and Europe renewed fears of slowing global growth. tumbled 6.6% after the sports apparel company posted weaker-than-expected third quarter sales in its key North American market. shares rose 3.2% despite the luxury jewelry retailer missing Wall Street's fourth-quarter sales expectations.
Stocks that moved substantially or traded heavily on Friday: Nike Inc., down $5.82 to $82.19 The athletic apparel maker reported weaker-than-expected sales in North America and warned of a sales slowdown. ...
A day after a big rally, stocks were under significant pressure on Friday. This is as Treasury yields threaten to invert and drag banks lower. It also ignites recession fears among investors. Let's look at a few top stock trades to watching going into next week. Top Stock Trades for Tomorrow 1: Bank of AmericaBank stocks are under extreme pressure on Friday. Looking at Bank of America (NYSE:BAC), shares were down 5% at one point during the day. Now off less than 4%, bulls are stepping up to the plate a bit.InvestorPlace - Stock Market News, Stock Advice & Trading TipsStill, this one was breaking out to the upside just the other day. Now we're seeing range support give way. $28 was the floor in this name and now just a few pennies above $27, support has officially gave way.Unless you're a long-term investor, I would avoid BAC stock. At the very least, I'd give it a few days to see how it shakes out. I want to see if $28 will act as resistance or if BAC will fill the gap down to $26.50. It almost filled that gap on Friday, but didn't quite get there.If the gap doesn't hold as support, look for the backside of prior downtrend support to buoy BAC. Top Stock Trades for Tomorrow 2: TiffanyTiffany & Co (NYSE:TIF) shares were jumping on Friday, climbing 3% on a tough day in the markets thanks to better-than-expected earnings. Is it rallying right into resistance though?The stock has been trending higher in a channel for several months and is now breaking out. But the $105 level could be tough to penetrate. For starters, this level was support turned resistance last fall, while potential downtrend resistance is near the area as well. Finally, the 50% retracement for the 52-week range sits just under $106.That said, if TIF can push through this mark, it could trigger a large breakout. If so, see how it handles the 200-day. On a pullback, see if the prior channel resistance holds as support. Top Stock Trades for Tomorrow 3: Papa John'sPapa John's (NASDAQ:PZZA) has added Shaquille O'Neal to its board and as a brand ambassador. This sent the stock higher by almost 6% on Friday. The move propelled PZZA over the 50-week moving average, while the momentum-measuring MACD (green circle) turns more in the bulls' favor.If momentum keeps up, see if PZZA can climb to $55. On a pullback, I want to see the 50-week and 10-week moving averages hold as support. Top Stock Trades for Tomorrow 4: Canopy GrowthOne could make the argument that Canopy Growth (NYSE:CGC) is still consolidating tightly between support and resistance. Loosely speaking, it is. But with Friday's decline below the 20-day and 50-day moving averages and CGC is losing steam.This group -- and this name specifically -- can be volatile. So I'm not saying that it won't snap back on Monday and even breakout higher at some point next week. But at this rate, the name is simply lacking any follow through, meeting sellers each time it nears $48.Even though we've been watching this one for weeks, it may be time for bullish traders to move on after Friday's fall. The close below the 50-day is certainly a negative. Top Stock Trades for Tomorrow 5: NikeDespite beating on earnings and revenue estimates, Nike (NYSE:NKE) stock is falling almost 6% on Friday as guidance disappoints.If the stock doesn't reclaim the 50-day early next week, Nike may have lower to go. If it does reclaim this mark, look for $83 and the 50-day to support the stock. Otherwise, let's see if we can't nab NKE stock on a decline down to the 200-day. That would be a great dip-buying opportunity.Bret Kenwell is the manager and author of Future Blue Chips and is on Twitter @BretKenwell. As of this writing, Bret Kenwell did not hold a position in any of the aforementioned securities.Compare Brokers The post 5 Top Stock Trades for Monday: CGC, TIF, NKE, PZZA appeared first on InvestorPlace.
Tiffany & Co. earnings for the company's fourth quarter of 2018 have TIF stock up on Friday despite a sales miss.Source: Shutterstock Tiffany & Co. (NYSE:TIF) reported revenue of $1.32 billion for the fourth quarter of 2018. This is a slight drop from its revenue of $1.33 billion reported in the fourth quarter of 2017. It also comes in below Wall Street's revenue estimate of $1.34 billion for the period, but couldn't keep TIF stock down today.The Tiffany & Co. earnings report for the fourth quarter of the year also has earnings per share coming in at $1.67. This matches the company's earnings per share from the same period of the year prior. It was also a blessing for TIF stock by beating out analysts' earnings per share estimate of $1.61 for the quarter.InvestorPlace - Stock Market News, Stock Advice & Trading TipsTiffany & Co. earnings for the fourth quarter of 2018 also include net income of $204.50 million. This is up from its net income of $61.90 million reported in the fourth quarter of the previous year.The most recent Tiffany & Co. earnings report also has it bringing in operating income of $268.40 million. The company's operating income reported during the same time last year was $311.10 million. * 7 Beaten-Up Stocks to Buy as They Reverse Course Tiffany & Co. also provides its outlook for the full year of 2019 in its earnings report for the fourth quarter of the year. This includes it expecting a mid-single-digit percentage increase for earnings per share. It is also expecting revenue for the year to be up in the low-single-digit percentage range.TIF stock was up 3% as of noon Friday. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 7 Retail Stocks That Will Continue to Rebound in 2019 * 5 Stocks To Buy for the Happiest Employees * 7 ETFs for a Millennial Portfolio As of this writing, William White did not hold a position in any of the aforementioned securities.Compare Brokers The post Tiffany & Co. Earnings: TIF Stock Sparkles Despite Q4 Sales Miss appeared first on InvestorPlace.
The New York-based company also stuck to its fiscal 2019 revenue and profit targets, and its shares were up 3.6 percent in afternoon trade. Two months ago, Tiffany had warned of soft demand in the holiday season because of low spending by Chinese tourists and weakness in Europe and at home. The retailer said its e-commerce business grew roughly twice the rate of its overall business.
Tiffany & Co. on Friday posted mixed results for the holiday season, with profit meeting estimates but revenue falling short because of low spending by Chinese tourists. "Softer trends in the second half of the year reflected, in part, what we believe were external challenges and uncertainties," CEO Allessandro Bogliolo said in a statement. Tiffany had said in January that sales slipped during the holiday season as Chinese tourists spent less while traveling due to the strong dollar, making it more expensive to buy Tiffany jewelry outside of its stores in China.
Tiffany’s Sales Miss and Weak Outlook Weigh on Stock(Continued from Prior Part)Unattractive valuation Tiffany’s (TIF) expects its top- and bottom-line growth to be weak in fiscal 2019’s first half, with sales pressured by the US
Tiffany stock was zigzagging Friday, bouncing higher after an early loss, as investors weighed up the jewelry retailer’s fourth-quarter earnings.
Tiffany’s Sales Miss and Weak Outlook Weigh on StockKey takeaways Tiffany’s (TIF) posted weaker-than-expected fiscal 2018 fourth-quarter1 sales yesterday. It expects its top-line weakness to persist in fiscal 2019’s first half and hurt its
Tiffany & Co narrowly missed Wall Street estimates for quarterly sales on Friday, two months after the luxury retailer signaled soft demand in the holiday season because of low spending by Chinese tourists and weakness in Europe and at home. Shares of the New York City-based company were down nearly 5 percent at $95.30 in early trading as Tiffany also stuck to its fiscal 2019 revenue and profit targets. "Softer trends in the second half of the year reflected, in part, what we believe were external challenges and uncertainties," Chief Executive Officer Alessandro Bogliolo said in a statement.
Wall Street's main indexes were set to open lower on Friday after downbeat German data exacerbated fears of a slowdown in global growth following an abrupt dovish turn by the Federal Reserve earlier this week. German manufacturing contracted further in March, showing its lowest reading since June 2013 and adding to worries that unresolved trade disputes were slowing down Europe's biggest economy. "Today's economic numbers indicate the strong relationship that China has with Europe.
Shares of Tiffany & Co. were indicated down over 2% in premarket trade Friday, after the luxury jewelry retailer reported fiscal fourth-quarter earnings that topped expectations, but net and same-store sales that missed, as "external challenges and uncertainties" weighed. Net income for the quarter to Jan. 31 rose to $204.5 million, or $1.67 a share, from $61.9 million, or 50 cents a share, in the year-ago period, which included tax-reform-related adjustments. The FactSet EPS consensus was $1.60. Net sales fell 1% to $1.32 billion, just below the FactSet consensus of $1.33 billion, as a 1.0% decline in same-store sales missed expectation of a 0.1%. Among regions, Americas same-store sales was flat, Asia-Pacific fell 3%, Japan rose 3% and Europe fell 5%. For fiscal 2019, the company expects sales to rise in the low single-digit percentage range, while the current FactSet sales consensus of $4.58 billion implies 3% growth. Tiffany's stock has soared 32% over the past three months, while the S&P 500 has climbed 18%.
The luxury jewelry retailer has struggled as spending by Chinese tourists has softened, amid ongoing trade talks between the U.S. and China. The luxury jewelry retailer said net sales fell to $1.321 billion during its fiscal fourth quarter, while analysts had been expecting sales of $1.332 billion, according to a Refinitiv survey. Tiffany reported net earnings of $204.5 million, or $1.67 a share, compared with $61.9 million, or 50 cents per share, a year ago.
Tiffany & Co reported a 1 percent drop in quarterly sales on Friday, two months after the luxury retailer signaled soft demand in the holiday season because of weak spending by Chinese tourists and slowing ...
Tiffany & Co. today reported its financial results for the 12 months and three months ended January 31, 2019. In the full year, worldwide net sales reached a record $4.4 billion due to growth in all regions, and reflecting higher spending attributed to local customers and foreign tourists.
· Nike (NYSE:NKE) stock fell 4.7% by 8:15 AM ET (12:15 GMT) after the sportswear company’s North American sales fell short of expectations in its fiscal third quarter.