Market Recap Check: Signet Jewelers Ltd (SIG)’s Negative Finish at 95.65, Up/Down -0.98

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The price of Signet Jewelers Ltd (NYSE: SIG) closed at $95.65 in the last session, down -0.98% from day before closing price of $96.60. In other words, the price has decreased by -$0.98 from its previous closing price. On the day, 0.69 million shares were traded. SIG stock price reached its highest trading level at $96.745 during the session, while it also had its lowest trading level at $95.02.

Ratios:

We take a closer look at SIG’s different ratios to gain a better understanding of the stock. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 10.45 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 7.47. For the most recent quarter (mrq), Quick Ratio is recorded 0.37 and its Current Ratio is at 1.67. In the meantime, Its Debt-to-Equity ratio is 0.49 whereas as Long-Term Debt/Eq ratio is at 0.37.

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:

An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. A recent insider transaction in this stock occurred on Oct 22 ’24 when Edelman Oded bought 14,000 shares for $96.60 per share.

EUGENIA ULASEWICZ bought 3,333 shares of SIG for $332,058 on Oct 21 ’24. On Oct 16 ’24, another insider, FINN MARY ELIZABETH, who serves as the Chief People Officer of the company, sold 4,237 shares for $100.10 each. As a result, the insider received 424,121 and left with 38,821 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 4213363456 and an Enterprise Value of 5119609856. As of this moment, Signet’s Price-to-Earnings (P/E) ratio for their current fiscal year is 11.08, and their Forward P/E ratio for the next fiscal year is 8.40. 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 2.21. Its current Enterprise Value per Revenue stands at 0.743 whereas that against EBITDA is 7.91.

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 $67.18. The 50-Day Moving Average of the stock is 6.91%, while the 200-Day Moving Average is calculated to be 1.25%.

Shares Statistics:

According to the various share statistics, SIG traded on average about 915.20K shares per day over the past 3-months and 800580 shares per day over the past 10 days. A total of 44.20M shares are outstanding, with a floating share count of 42.28M. Insiders hold about 4.03% of the company’s shares, while institutions hold 109.72% stake in the company. Shares short for SIG as of 1727654400 were 4969581 with a Short Ratio of 5.43, compared to 1724976000 on 4849976. Therefore, it implies a Short% of Shares Outstanding of 4969581 and a Short% of Float of 21.33.

Dividends & Splits

The forward annual dividend rate for SIG is 1.04, which was 1.04 in the trailing 12 months. Against a Trailing Annual Dividend Yield of 0.010766045The stock’s 5-year Average Dividend Yield is 4.36.

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