As of close of business last night, Signet Jewelers Ltd’s stock clocked out at $101.57, down -0.19% from its previous closing price of $101.76. In other words, the price has decreased by -$0.19 from its previous closing price. On the day, 665379 shares were traded.
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Ratios:
To gain a deeper understanding of SIG’s stock, we examine its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 6.99 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 7.33. For the most recent quarter (mrq), Quick Ratio is recorded 0.48 and its Current Ratio is at 1.60. In the meantime, Its Debt-to-Equity ratio is 0.57 whereas as Long-Term Debt/Eq ratio is at 0.38.
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 the company, Citigroup on December 06, 2023, Upgraded its rating to Buy and sets its target price to $119 from $93 previously.
On December 06, 2023, Telsey Advisory Group reiterated its Market Perform rating and also lowered its target price recommendation from $82 to $90.
Telsey Advisory Group reiterated its Market Perform rating for the stock on September 01, 2023, while the target price for the stock was revised from $71 to $82.
Insider Transactions:
Investing in insider trades can also provide an investor with insight into how management views future stock prices. A recent insider transaction in this stock occurred on Feb 26 when Edelman Oded sold 7,911 shares for $105.36 per share. The transaction valued at 833,505 led to the insider holds 33,378 shares of the business.
Drosos Virginia sold 45,000 shares of SIG for $4,464,270 on Feb 01. The Chief Executive Officer now owns 877,740 shares after completing the transaction at $99.21 per share. On Jan 26, another insider, Hilson Joan M, who serves as the * See Remarks of the company, sold 8,000 shares for $99.00 each. As a result, the insider received 792,026 and left with 207,733 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 4.50B and an Enterprise Value of 5.78B. As of this moment, Signet’s Price-to-Earnings (P/E) ratio for their current fiscal year is 12.78, and their Forward P/E ratio for the next fiscal year is 9.54. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.83. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.61 while its Price-to-Book (P/B) ratio in mrq is 2.87. Its current Enterprise Value per Revenue stands at 0.79 whereas that against EBITDA is 13.62.
Stock Price History:
Over the past 52 weeks, SIG has reached a high of $108.79, while it has fallen to a 52-week low of $57.10. The 50-Day Moving Average of the stock is 101.96, while the 200-Day Moving Average is calculated to be 80.93.
Shares Statistics:
It appears that SIG traded 711.14K shares on average per day over the past three months and 615.27k shares per day over the past ten days. A total of 44.90M shares are outstanding, with a floating share count of 42.34M. Insiders hold about 4.47% of the company’s shares, while institutions hold 107.19% stake in the company. Shares short for SIG as of Feb 15, 2024 were 4.39M with a Short Ratio of 6.17, compared to 4.2M on Jan 12, 2024. Therefore, it implies a Short% of Shares Outstanding of 9.90% and a Short% of Float of 40.73%.
Dividends & Splits
With its trailing 12-month dividend rate of 0.89, SIG has a forward annual dividend rate of 0.92. Against a Trailing Annual Dividend Yield of 0.87%, it implies a Forward Annual Dividend Yield of 0.91%. The stock’s 5-year Average Dividend Yield is 4.36. The current Payout Ratio is 13.26% for SIG, which recently paid a dividend on Feb 23, 2024 with an ex-dividend date of Jan 25, 2024. Stock splits for the company last occurred on Sep 11, 2008 when the company split stock in a 1:2 ratio.
Earnings Estimates
As of right now, 6 analysts gave their recommendation on the stock of the company. On average, analysts expect EPS of $6.35 for the current quarter, with a high estimate of $6.53 and a low estimate of $6.04, while EPS last year was $5.52. The consensus estimate for the next quarter is $1.67, with high estimates of $1.88 and low estimates of $1.39.
Analysts are recommending an EPS of between $10.17 and $9.75 for the fiscal current year, implying an average EPS of $9.95. EPS for the following year is $10.64, with 6 analysts recommending between $12 and $10.03.
Revenue Estimates
In the current quarter, 6 analysts expect revenue to total $2.54B. It ranges from a high estimate of $2.59B to a low estimate of $2.51B. As of the current estimate, Signet Jewelers Ltd’s year-ago sales were $2.67B, an estimated decrease of -4.70% from the year-ago figure.
A total of 6 analysts have provided revenue estimates for SIG’s current fiscal year. The highest revenue estimate was $7.27B, while the lowest revenue estimate was $7.16B, resulting in an average revenue estimate of $7.21B. In the same quarter a year ago, actual revenue was $7.84B, down -8.00% from the average estimate. Based on 6 analysts’ estimates, the company’s revenue will be $7.17B in the next fiscal year. The high estimate is $7.41B and the low estimate is $6.91B. The average revenue growth estimate for next year is down -0.60% from the average revenue estimate for this year.
