Tiffany's most recent trend suggests a bearish bias. One trading opportunity on Tiffany is a Bear Call Spread using a strike $130.00 short call and a strike $140.00 long call offers a potential 23.15% return on risk over the next 35 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $130.00 by expiration. The full premium credit of $1.88 would be kept by the premium seller. The risk of $8.12 would be incurred if the stock rose above the $140.00 long call strike price.
The 5-day moving average is moving down which suggests that the short-term momentum for Tiffany is bearish and the probability of a decline in share price is higher if the stock starts trending.
The 20-day moving average is moving down which suggests that the medium-term momentum for Tiffany is bearish.
The RSI indicator is at 75.17 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Tiffany
What the Rising Tensions in Hong Kong Could Mean for U.S. Investors
Mon, 11 Nov 2019 22:35:00 +0000
Protests in Hong Kong spilled into the central part of the city Monday and turned violent as police shot a protester and a man arguing with demonstrators was lit on fire. The pro-democracy protests, now in their sixth month, are likely to get messier, forcing companies to rethink Hong Kong’s role as a financial and tourism hub. The introduction of an extradition bill in June that was seen as further chipping away at Hong Kong’s semi-autonomy sparked demonstrations.
3 Stocks to Enhance Your Portfolio's Quality
Sun, 10 Nov 2019 20:48:51 +0000
Tiffany & Co. tops the list Continue reading…
Cartier Owner Richemont Signals Tiffany Bid Is Unlikely
Fri, 08 Nov 2019 10:42:13 +0000
(Bloomberg) — Want the lowdown on European markets? In your inbox before the open, every day. Sign up here.Richemont signaled it’s inclined to focus on expanding its own jewelry brands rather than start a bidding war with rival LVMH for Tiffany & Co. And the latest numbers show the Swiss watch and luxury company has some work to do.The stock fell as much as 5.8% after the Cartier owner reported weaker-than-expected earnings and a slowdown in second-quarter revenue, hit by Hong Kong protests and investments in e-commerce. Richemont isn’t actively defining acquisition targets, Chief Financial Officer Burkhart Grund said Friday on a call with reporters.Richemont risks being overshadowed by LVMH in jewelry if the French rival succeeds with its attempt to buy Tiffany. The Louis Vuitton owner, which offered $14.5 billion for Tiffany, owns 75 labels ranging from wine and spirits to fashion and perfume. Its market value has almost quadrupled over the past eight years to more than $220 billion, towering over the $43 billion value of Richemont. Investors consider LVMH could rejuvenate Tiffany the way it did with Bulgari, a brand it bought in 2011.“Cartier is seeing increased competition from players like Bulgari,” wrote Luca Solca, an analyst at Sanford C. Bernstein. “A stronger Tiffany could add to the pressure.”Richemont’s market value is little changed from where it was five years ago, as growth has been held back by its bigger exposure to the boom-and-bust cycle of the Swiss watch market. About half of Richemont’s 20 brands are linked to timepieces.Its acquisition targets have been much more modest this year. In September, Richemont bought Buccellati for 230 million euros ($254 million), adding the Italian brand to its jewelry labels, which include Van Cleef & Arpels.“When you have three of the best names in the jewelry industry, we prefer to focus on our strengths,” Grund said. He declined to comment on Tiffany directly.Most analysts say the company, with a 1.8 billion-euro cash position, would stretch to raise funds if it were to counterbid for Tiffany. Richemont has never sold stock to fund an acquisition, the CFO said, declining further comment. He said Richemont is “obviously” however open to M&A, as it always has been.Richemont’s sales fell more than 10% in Hong Kong, where as much as a tenth of the world’s luxury goods are bought because they are usually a bit cheaper there than in mainland China. The Vacheron Constantin owner said its first-half operating margin shrank for a second year as investments in e-commerce sapped profitability.Hong Kong contributed 8% of total sales, down from 11%, CFO Grund said. In the longer term, the city may lose its ranking as the biggest export destination for timepieces as the price differential with the mainland diminishes and demand increases in the U.S. and Japan. Richemont won’t abandon Hong Kong, where it has been trying to renegotiate leases to cut costs, Grund said.Richemont’s operating profit lagged behind analysts’ estimates on investments in e-commerce. In September, the company set up a joint venture with Chinese online giant Alibaba, which should help fashion brands such as Chloe, according to Chief Executive Officer Jerome Lambert.Jewelry has been leading Richemont’s sales growth in recent years as watch retailers have had to clear out a glut of unsold timepieces. However, profitability at Cartier and Van Cleef contracted as Richemont boosted marketing and renovated stores. Earnings from Swiss watches declined as Richemont becomes more selective as to whom it sells timepieces to make them more exclusive.(Updates with background on LVMH in third paragraph)To contact the reporter on this story: Corinne Gretler in Zurich at email@example.comTo contact the editors responsible for this story: Eric Pfanner at firstname.lastname@example.org, Thomas Mulier, John BowkerFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.
Tiffany asks LVMH to raise its $14.5 billion offer: sources
Wed, 06 Nov 2019 18:39:33 +0000
Tiffany's board decided that LVMH's $120-per-share, all-cash bid was too low to become the basis for negotiations, the sources said. Tiffany informed LVMH it could open its books and provide confidential due diligence if the French luxury group sweetens its offer, the sources added. LVMH remains engaged and is considering a new offer, according to the sources.
Tiffany Reportedly Asks LVMH to Increase Acquisition Offer
Wed, 06 Nov 2019 14:04:00 +0000
Tiffany asks LVMH to raise its $14.5 billion acquisition offer, claiming that it significantly undervalues the U.S. jewelry chain.
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