Closing Strong: Signet Jewelers Ltd (SIG) Ends at 78.03, Down -3.32 from Last Close

In the pursuit of market outperformance, investors navigate the landscape of stock selection. The right picks can play a pivotal role in enhancing your wealth.

After finishing at $80.71 in the prior trading day, Signet Jewelers Ltd (NYSE: SIG) closed at $78.03, down -3.32%. In other words, the price has decreased by -$3.32 from its previous closing price. On the day, 1.5 million shares were traded. SIG stock price reached its highest trading level at $81.28 during the session, while it also had its lowest trading level at $77.28.

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 21.52 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 8.24. For the most recent quarter (mrq), Quick Ratio is recorded 0.23 and its Current Ratio is at 1.54. In the meantime, Its Debt-to-Equity ratio is 0.76 whereas as Long-Term Debt/Eq ratio is at 0.61.

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 September 09, 2024, Reiterated its Market Perform rating but revised its target price to $87 from $105 previously.

On June 14, 2024, Citigroup reiterated its Buy ratingand also kept the price unchanged to $119.

Telsey Advisory Group reiterated its Market Perform rating for the stock on April 04, 2024, while the target price for the stock was revised from $100 to $110.

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 Nov 13 ’24 when VIRGINIA C DROSOS bought 40,000 shares for $98.59 per share.

Edelman Oded sold 1,695 shares of SIG for $161,059 on Mar 26 ’24. The insider now owns 16,971 shares after completing the transaction at $95.02 per share. On Oct 24 ’24, another insider, Ciccolini Vincent, who serves as the Chief Accounting Officer of the company, sold 5,000 shares for $92.38 each. As a result, the insider received 461,883 and left with 41,036 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 3393633792 and an Enterprise Value of 5213435904. As of this moment, Signet’s Price-to-Earnings (P/E) ratio for their current fiscal year is 8.98, and their Forward P/E ratio for the next fiscal year is 7.29. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.50 while its Price-to-Book (P/B) ratio in mrq is 1.89. Its current Enterprise Value per Revenue stands at 0.757 whereas that against EBITDA is 8.055.

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 $72.26. The 50-Day Moving Average of the stock is -14.62%, while the 200-Day Moving Average is calculated to be -15.36%.

Shares Statistics:

The stock has traded on average 998.78K shares per day over the past 3-months and 1269000 shares per day over the last 10 days, according to various share statistics. A total of 43.50M shares are outstanding, with a floating share count of 41.74M. Insiders hold about 4.04% of the company’s shares, while institutions hold 109.62% stake in the company. Shares short for SIG as of 1731628800 were 5274284 with a Short Ratio of 4.90, compared to 1728950400 on 4837121. Therefore, it implies a Short% of Shares Outstanding of 5274284 and a Short% of Float of 22.639999.

Dividends & Splits

The stock’s 5-year Average Dividend Yield is 4.36.

Most Popular