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Signet Jewelers Limited (SIG)
NYSE:SIG
Signet Jewelers (SIG) Stock Price & Analysis
624 Followers
SIG Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$64.56 - $112.06
Previous Close$88.09
Volume777.69K
Average Volume (3M)815.32K
Market Cap
$3.93B
Enterprise Value$4.42B
Total Cash (Recent Filing)$729.30M
Total Debt (Recent Filing)$1.22B
Price to Earnings (P/E)7.2
Beta1.19
Next Earnings
Aug 29, 2024EPS Estimate
$1.18Next Dividend Ex-Date
Jul 26, 2024Dividend Yield1.11%
Share Statistics
EPS (TTM)12.30
Shares Outstanding44,606,286
10 Day Avg. Volume1,546,053
30 Day Avg. Volume815,321
Standard Deviation0.20
R-Squared0.30
Alpha0.03
Financial Highlights & Ratios
Price to Book (P/B)2.40
Price to Sales (P/S)0.56
Price to Cash Flow (P/CF)1.30
P/FCF Ratio1.40
Enterprise Value/Market CapN/A
Enterprise Value/Revenue0.63
Enterprise Value/Gross Profit1.56
Enterprise Value/Ebitda6.61
Forecast
1Y Price Target
$114.25Price Target Upside31.81% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering4
Signet Jewelers News
PremiumCompany Announcements
Signet Jewelers Shareholders Endorse Incentive Plan and Board Elections
PremiumCompany Announcements
Signet Jewelers Releases Investor Presentation Before Earnings Call
Bulls Say, Bears Say
Bulls Say
Management ConfidenceManagement sounds very confident in their ability to achieve gross margin expansion despite higher year-over-year promotions.
Repurchase ProgramAt the current price, the risk/reward skews favorably, and management has a positive view, which may drive more share repurchases with the stock in the $80s.
Sales OpportunitiesManagement sees a significant opportunity with lab-created diamonds in fashion jewelry because it allows them to use diamonds in items they couldn’t before, presenting a new sales opportunity.
Bears Say
Consumer BehaviorMacro remains tough for the lower-end consumer, leading to ongoing pressure on non-bridal/fashion jewelry at lower-priced banners Kay's and Zales'.
Financial PerformanceAverage transaction value assumptions for the rest of the year are now expected to decline by 2% due to ongoing promotional pressures.
MarginsHeightened competitive discounting may pressure margins into the second half more than expected.
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Ownership Overview
13.63% Insiders
31.62% Mutual Funds
32.82% Other Institutional Investors
21.93% Public Companies and Individual Investors
Risk Analysis
Main Risk Category
ProductionRisks related to the company’s ability to manufacture goods and services
Website Traffic
The estimated number of people who visited one or more of the websites owned by Signet Jewelers
Desktop Users
Mobile Users
SIG FAQ
What was Signet Jewelers Limited’s price range in the past 12 months?
Signet Jewelers Limited lowest stock price was $64.56 and its highest was $112.06 in the past 12 months.
What is Signet Jewelers Limited’s market cap?
Currently, no data Available
When is Signet Jewelers Limited’s upcoming earnings report date?
Signet Jewelers Limited’s upcoming earnings report date is Aug 29, 2024 which is in 43 days.
How were Signet Jewelers Limited’s earnings last quarter?
Signet Jewelers Limited released its earnings results on Jun 13, 2024. The company reported $1.11 earnings per share for the quarter, beating the consensus estimate of $0.852 by $0.258.
Is Signet Jewelers Limited overvalued?
According to Wall Street analysts Signet Jewelers Limited’s price is currently Undervalued.
Does Signet Jewelers Limited pay dividends?
Signet Jewelers Limited pays a Quarterly dividend of $0.29 which represents an annual dividend yield of 1.11%. See more information on Signet Jewelers Limited dividends here
What is Signet Jewelers Limited’s EPS estimate?
Signet Jewelers Limited’s EPS estimate is $1.18.
How many shares outstanding does Signet Jewelers Limited have?
Signet Jewelers Limited has 44,606,285 shares outstanding.
What happened to Signet Jewelers Limited’s price movement after its last earnings report?
Signet Jewelers Limited reported an EPS of $1.11 in its last earnings report, beating expectations of $0.852. Following the earnings report the stock price went down -14.914%.
Which hedge fund is a major shareholder of Signet Jewelers Limited?
Among the largest hedge funds holding Signet Jewelers Limited’s share is Capital Growth Management LP. It holds Signet Jewelers Limited’s shares valued at 68M.
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Signet Jewelers Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Moderate Buy
Average Price Target:
$114.25 (31.81% Upside)
$114.25 (31.81% Upside)
Blogger Sentiment
Bullish
SIG Sentiment 100%
Sector Average 67%
Sector Average 67%
Hedge Fund Trend
Decreased
By 622.1K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $1.4M over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Negative
Last 7 Days ▼ 0.1%
Last 30 Days ▼ 0.4%
Last 30 Days ▼ 0.4%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Negative
20 days / 200 days
Momentum
22.40%
12-Months-Change
Fundamentals
Return on Equity
32.94%
Trailing 12-Months
Asset Growth
-0.87%
Trailing 12-Months
Company Description
Signet Jewelers Limited
Signet Jewelers Ltd. engages in retailing of jewelry, watches and associated services. It operates through the following business segment: North America, International segment, and Others. The North America segment operates jewelry stores in malls, mall-based kiosks and off-mall locations throughout the U.S. and Canada under national banners including Kay, Zales, Jared and Piercing Pagoda, as well as a variety of mall-based regional banners. The International segment transacts mainly in British pounds, as sales and the majority of operating expenses are incurred in that currency and its results are then translated into U.S. dollars for external reporting purposes. The Other segment consists of all non-reportable operating segments, including activities related to the direct sourcing of rough diamonds, and is aggregated with unallocated corporate administrative functions. The company was founded in 1949 and is headquartered in Hamilton, Bermuda.
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SIG Earnings Call
Q1 2024
0:00 / 0:00
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SIG Stock 12 Month Forecast
Average Price Target
$114.25
▲(31.81% Upside)
Technical Analysis
Best Analysts Covering SIG
1 Year
1 Year Success Rate
7/31 ratings generated profit
1 Year Average Return
-16.04%
reiterated a buy rating last month
Copying Ike Boruchow's trades and holding each position for 1 Year would result in 22.58% of your transactions generating a profit, with an average return of -16.04% per trade.
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