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The closing price of Signet Jewelers Ltd (NYSE: SIG) was $82.08 for the day, down -2.44% from the previous closing price of $84.13. In other words, the price has decreased by -$2.44 from its previous closing price. On the day, 0.8 million shares were traded. SIG stock price reached its highest trading level at $84.14 during the session, while it also had its lowest trading level at $80.75.
Ratios:
Our analysis of SIG’s different ratios will help us gain a deeper understanding of the company. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 5.02 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 5.64. For the most recent quarter (mrq), Quick Ratio is recorded 0.52 and its Current Ratio is at 1.66. In the meantime, Its Debt-to-Equity ratio is 0.51 whereas as Long-Term Debt/Eq ratio is at 0.34.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, Citigroup on June 14, 2024, Reiterated its Buy rating and also kept its target price maintained to $119.
On April 04, 2024, Telsey Advisory Group reiterated its Market Perform rating and also lowered its target price recommendation from $100 to $110.
Telsey Advisory Group reiterated its Market Perform rating for the stock on March 21, 2024, while the target price for the stock was revised from $105 to $100.
Insider Transactions:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. A recent insider transaction in this stock occurred on Jul 22 ’24 when Singleton Jamie sold 18,105 shares for $83.11 per share. The transaction valued at 1,504,711 led to the insider holds 162,942 shares of the business.
Edelman Oded sold 9,000 shares of SIG for $771,053 on Jul 18 ’24. The insider now owns 37,398 shares after completing the transaction at $85.67 per share. On Jul 18 ’24, another insider, FINN MARY ELIZABETH, who serves as the Chief People Officer of the company, sold 8,000 shares for $86.94 each. As a result, the insider received 695,534 and left with 54,821 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, SIG now has a Market Capitalization of 3661285120 and an Enterprise Value of 4479283712. As of this moment, Signet’s Price-to-Earnings (P/E) ratio for their current fiscal year is 6.67, and their Forward P/E ratio for the next fiscal year is 6.98. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 0.76. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.52 while its Price-to-Book (P/B) ratio in mrq is 1.76. Its current Enterprise Value per Revenue stands at 0.639 whereas that against EBITDA is 6.641.
Stock Price History:
Over the past 52 weeks, SIG has reached a high of $112.06, while it has fallen to a 52-week low of $65.12. The 50-Day Moving Average of the stock is -11.87%, while the 200-Day Moving Average is calculated to be -12.45%.
Shares Statistics:
SIG traded an average of 846.71K shares per day over the past three months and 812460 shares per day over the past ten days. A total of 44.20M shares are outstanding, with a floating share count of 42.80M. Insiders hold about 4.05% of the company’s shares, while institutions hold 104.90% stake in the company. Shares short for SIG as of 1721001600 were 5465020 with a Short Ratio of 6.45, compared to 1718323200 on 4774225. Therefore, it implies a Short% of Shares Outstanding of 5465020 and a Short% of Float of 22.91.
Dividends & Splits
With its trailing 12-month dividend rate of 0.98, SIG has a forward annual dividend rate of 1.04. Against a Trailing Annual Dividend Yield of 0.01164864The stock’s 5-year Average Dividend Yield is 4.36.
