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In the latest session, Signet Jewelers Ltd (NYSE: SIG) closed at $93.98 down -2.57% from its previous closing price of $96.46. In other words, the price has decreased by -$2.57 from its previous closing price. On the day, 0.51 million shares were traded. SIG stock price reached its highest trading level at $97.87 during the session, while it also had its lowest trading level at $93.95.
Ratios:
For a deeper understanding of Signet Jewelers Ltd’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 3.03 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 9.92. 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:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on Apr 10 ’24 when Stitzer H. Todd sold 5,000 shares for $100.07 per share. The transaction valued at 500,362 led to the insider holds 51,678 shares of the business.
Stitzer H. Todd sold 5,000 shares of SIG for $512,057 on Apr 09 ’24. The Director now owns 56,678 shares after completing the transaction at $102.41 per share. On Apr 01 ’24, another insider, Drosos Virginia, who serves as the Chief Executive Officer of the company, sold 45,000 shares for $99.75 each. As a result, the insider received 4,488,580 and left with 778,820 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 4182420224 and an Enterprise Value of 4702918656. As of this moment, Signet’s Price-to-Earnings (P/E) ratio for their current fiscal year is 6.34, and their Forward P/E ratio for the next fiscal year is 7.63. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 0.91. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.58 while its Price-to-Book (P/B) ratio in mrq is 1.92. Its current Enterprise Value per Revenue stands at 0.656 whereas that against EBITDA is 6.422.
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 -6.16%, while the 200-Day Moving Average is calculated to be 9.05%.
Shares Statistics:
For the past three months, SIG has traded an average of 729.10K shares per day and 621130 over the past ten days. 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 106.72% stake in the company. Shares short for SIG as of 1711584000 were 3775353 with a Short Ratio of 5.18, compared to 1709164800 on 4094005. Therefore, it implies a Short% of Shares Outstanding of 3775353 and a Short% of Float of 34.44.
Dividends & Splits
According to the company, the forward annual dividend rate for SIG is 0.92, from 0.92 in the trailing year. The stock’s 5-year Average Dividend Yield is 4.36.
Earnings Estimates
Currently, Transocean Ltd (Switzerland) analysts are dedicated to thoroughly evaluating and rating the performance of Signet Jewelers Ltd (SIG) in the stock market.The consensus estimate for the next quarter is $72.99, with high estimates of $140.37 and low estimates of $48.52.
Analysts are recommending an EPS of between $Real Estate and $Real Estate for the fiscal current year, implying an average EPS of $Financial Services.
