Jewlwry Stores: Tiffany & Co. (NYSE:TIF), Signet Jewelers (NYSE:SIG), Blue Nile Inc (NASDAQ:NILE), DGSE Companies (NYSEMKT:DGSE)

Posted by on Jul 07, 2014

Shares of Tiffany & Co. (NYSE:TIF), have received a consensus recommendation of “Buy” from the twenty-four brokerages that are currently covering the stock,Analyst Ratings News reports. Seven equities research analysts have rated the stock with a hold recommendation and thirteen have issued a buy recommendation on the company. The average twelve-month price target among brokers that have issued a report on the stock in the last year is $98.77. Tiffany & Co. (NYSE:TIF), net profit margin is 5.40% and weekly performance is 2.85%. On last trading day company shares ended up $102.83. Analysts mean target price for the company is $105.14. Tiffany & Co. (NYSE:TIF), distance from 50-day simple moving average (SMA50) is 8.59%.

On July 01, 2014, Signet Jewelers Ltd. (NYSE:SIG), the largest specialty jewelry retailer in the US, UK and Canada, announced that Ronald Ristau resigned from his position as Chief Financial Officer, effective July 31, 2014, and Michele Santana, currently Signet’s Senior Vice President and Controller, has been promoted to Chief Financial Officer Designate, effective immediately. Ms. Santana will succeed Mr. Ristau as Chief Financial Officer of Signet following his departure. Signet Jewelers Ltd. (NYSE:SIG), advanced 1.68% in last trading session and ended the day on $112.15. SIG, Gross Margin is 37.60% and its return on assets is 9.70%. Signet Jewelers Ltd. (NYSE:SIG), quarterly performance is 4.89%.

Equities research analysts at Barrington Research began coverage on shares of Blue Nile Inc (NASDAQ:NILE), in a research note issued to investors on Monday, TheFlyOnTheWall.comreports. The firm set a “market perform” rating on the stock. Blue Nile Inc (NASDAQ:NILE), shares moved up 1.16% in last trading session and was closed at $28.89, while trading in range of $28.74 – 29.00. Blue Nile Inc (NASDAQ:NILE), year to date (YTD) performance is -38.65%.

On May 14, 2014, DGSE Companies, Inc. (NYSEMKT:DGSE), a leading wholesaler and retailer of jewelry, diamonds,fine watches, and precious metal bullion and rare coin products, announced its financial results for the quarter ended March 31, 2014. For the quarter ended March 31, 2014, revenues were $19.9 million, a 32% decrease compared to $29.2 million in the quarter ended March 31, 2013, due primarily to significant decreases in both bullion and scrap sales as a result of declining gold prices, which were on average 11% lower (as measured by London PM Fix) than in the same period last year. DGSE Companies, Inc. (NYSEMKT:DGSE), ended the last trading day at $1.51. Company weekly volatility is calculated as 14.60% and price to cash ratio as 6.57. DGSE Companies, Inc. (NYSEMKT:DGSE), showed a negative weekly performance of 6.79%.

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