Following some earnings data for Tiffany & Co. (NYSE:TIF), we note that the current quarter EPS consensus estimate is 1.64. This EPS estimate is using data provided by 9 sell-side analysts polled by Zacks Research. This consensus estimate may vary from other data outlets providing consensus projections. Last quarter, the company reported a quarterly EPS of 0.77. Investors often pay extra close to the actual numbers when they are reported. If the actual comes in way under what the analysts were predicting, investors might want to take a deeper look to see what is going on with the stock. Investors may also be on the lookout for positive surprises on earnings beats. When a company reports actual earnings results, the surprise factor may cause the stock price to move sharply in either direction. Because it is difficult to gauge how a stock will react after the earnings report, investors may trade with increased caution during this period of time.
Making smart choices when picking stocks is typically a top priority for successful investors. For new investors with little market knowledge, this can be challenging. Figuring out how to start building the stock portfolio may take a lot of time and effort. When the individual investor decides that they want to manage their own portfolio and make their own trades, the journey has just begun. Many individuals will be tempted to pursue stock trading plans based on advice from friends, colleagues, or family members. Even though certain plans may work for someone else, there is no guarantee that success will transfer to others. Investors often need to do their own research in order to obtain as much knowledge as possible before diving in to the markets.
In the fast paced world of stock market investing, individuals are always looking for information to help provide an edge. Many investors will study sell-side analyst opinions to help assist with navigating the market. Turning the attention to shares of Tiffany & Co. (NYSE:TIF), we can see that the current average broker rating is now 2. This rating is provided by Zacks Research using a scale from 1 to 5. Following this scale, a 1 would indicate a Strong Buy and a 5 would represent a Strong Sell rating. Digging a little deeper, we can see that out of the polled analysts, 7 rated the stock a Strong Buy or Buy. This average broker rating may help investors decide if they feel the same way about the stock as the professionals.
Investors might be trying to gauge which way shares of Tiffany & Co. (NYSE:TIF) will swing over the next couple of quarters. In recent trading activity, the stock has been seen near the $87.6 level. Many investors pay increased attention to shares when they are nearing notable historical highs or lows. Over the past 52 weeks, the stock has touched a high price of 139.5, and seen a low price of 74.21. Looking at some additional historical stock price information, we note that shares have seen a move -20.07% over the previous 12 weeks. If we pull in closer to look at performance over the past month, we see that shares have seen a change of 18.04%. Over the last 5 trading sessions, the stock has moved 3.58%. Investors will most likely be keeping their eyes peeled to see how the stock performs heading into the next round of earnings reports.
There are so many different aspects to address when attempting to trade the stock market. With all the information available, it can become stressful trying to make sense of everything. Investors who are able to prioritize useful data may be able to make better big picture decisions. Even when all the research is done and the numbers have been crunched, investors still may find themselves forced with the tough decision of when to buy a specific equity. Doing the due diligence and being prepared can be a great asset when forced into a tough situation. Knowing when to pounce on an opportunity can be just as important as knowing when to exit a bad trade. As humans, investors will always be prone to making mistakes. Investors who are able to identify and learn from those mistakes might find themselves in a much better position over the long run.