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After finishing at $98.03 in the prior trading day, Signet Jewelers Ltd (NYSE: SIG) closed at $95.95, down -2.12%. In other words, the price has decreased by -$2.12 from its previous closing price. On the day, 0.56 million shares were traded. SIG stock price reached its highest trading level at $98.37 during the session, while it also had its lowest trading level at $94.29.
Ratios:
Our goal is to gain a better understanding of SIG by taking a closer look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 3.10 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 10.13. For the most recent quarter (mrq), Quick Ratio is recorded 0.80 and its Current Ratio is at 1.78. In the meantime, Its Debt-to-Equity ratio is 0.44 whereas as Long-Term Debt/Eq ratio is at 0.30.
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, Telsey Advisory Group on April 04, 2024, Reiterated its Market Perform rating but revised its target price to $110 from $100 previously.
On March 21, 2024, Telsey Advisory Group reiterated its Market Perform rating and also upped its target price recommendation from $105 to $100.
Telsey Advisory Group reiterated its Market Perform rating for the stock on March 15, 2024, while the target price for the stock was revised from $90 to $105.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Apr 26 ’24 when Ciccolini Vincent sold 4,000 shares for $101.64 per share. The transaction valued at 406,557 led to the insider holds 46,076 shares of the business.
Stitzer H. Todd sold 10,000 shares of SIG for $1,000,883 on Apr 22 ’24. The Director now owns 41,678 shares after completing the transaction at $100.09 per share. On Apr 10 ’24, another insider, Stitzer H. Todd, who serves as the Director of the company, sold 5,000 shares for $100.07 each. As a result, the insider received 500,362 and left with 51,678 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 4270091520 and an Enterprise Value of 4790590464. As of this moment, Signet’s Price-to-Earnings (P/E) ratio for their current fiscal year is 6.47, and their Forward P/E ratio for the next fiscal year is 7.79. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 0.92. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.60 while its Price-to-Book (P/B) ratio in mrq is 1.96. Its current Enterprise Value per Revenue stands at 0.668 whereas that against EBITDA is 6.542.
Stock Price History:
Over the past 52 weeks, SIG has reached a high of $109.17, while it has fallen to a 52-week low of $57.10. The 50-Day Moving Average of the stock is -3.53%, while the 200-Day Moving Average is calculated to be 9.67%.
Shares Statistics:
The stock has traded on average 749.84K shares per day over the past 3-months and 655980 shares per day over the last 10 days, according to various share statistics. A total of 44.20M shares are outstanding, with a floating share count of 42.53M. Insiders hold about 4.44% of the company’s shares, while institutions hold 106.69% stake in the company. Shares short for SIG as of 1713139200 were 4027780 with a Short Ratio of 5.37, compared to 1710460800 on 3818669. Therefore, it implies a Short% of Shares Outstanding of 4027780 and a Short% of Float of 36.740002.
Dividends & Splits
In the trailing 12 months, SIG’s forward annual dividend rate was 0.92, compared to 0.98 this year. Against a Trailing Annual Dividend Yield of 0.009384883The stock’s 5-year Average Dividend Yield is 4.36.
Earnings Estimates
The performance of Signet Jewelers Ltd (SIG) in the stock market is under the watchful eye of 6.0 analysts actively contributing to its current rating.On average, analysts expect EPS of $0.84 for the current quarter, with a high estimate of $1.05 and a low estimate of $0.7, while EPS last year was $1.78. The consensus estimate for the next quarter is $1.44, with high estimates of $1.72 and low estimates of $1.27.
Analysts are recommending an EPS of between $10.9 and $10.31 for the fiscal current year, implying an average EPS of $10.59. EPS for the following year is $12.26, with 5.0 analysts recommending between $13.75 and $11.6.
Revenue Estimates
For the next quarter, 6 analysts are estimating revenue of $1.51B. There is a high estimate of $1.54B for the next quarter, whereas the lowest estimate is $1.5B.
A total of 6 analysts have provided revenue estimates for SIG’s current fiscal year. The highest revenue estimate was $6.93B, while the lowest revenue estimate was $6.75B, resulting in an average revenue estimate of $6.85B. In the same quarter a year ago, actual revenue was $7.17BBased on 5 analysts’ estimates, the company’s revenue will be $7.03B in the next fiscal year. The high estimate is $7.24B and the low estimate is $6.87B.
