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After finishing at $99.35 in the prior trading day, Signet Jewelers Ltd (NYSE: SIG) closed at $100.26, up 0.92%. In other words, the price has increased by $0.92 from its previous closing price. On the day, 0.78 million shares were traded. SIG stock price reached its highest trading level at $101.07 during the session, while it also had its lowest trading level at $98.38.
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 10.96 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 7.83. 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:
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 Sep 24 ’24 when REBECCA WOOTERS bought 22,151 shares for $99.00 per share.
Hilson Joan M sold 8,000 shares of SIG for $744,621 on Sep 18 ’24. The * See Remarks now owns 181,202 shares after completing the transaction at $93.08 per share. On Sep 17 ’24, another insider, Edelman Oded, who serves as the insider of the company, sold 9,000 shares for $93.57 each. As a result, the insider received 842,160 and left with 10,398 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 4416433152 and an Enterprise Value of 5280832000. As of this moment, Signet’s Price-to-Earnings (P/E) ratio for their current fiscal year is 11.61, and their Forward P/E ratio for the next fiscal year is 8.80. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.42. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.64 while its Price-to-Book (P/B) ratio in mrq is 2.32. Its current Enterprise Value per Revenue stands at 0.766 whereas that against EBITDA is 8.16.
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 $65.12. The 50-Day Moving Average of the stock is 21.38%, while the 200-Day Moving Average is calculated to be 5.72%.
Shares Statistics:
The stock has traded on average 881.31K shares per day over the past 3-months and 1249260 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 42.34M. Insiders hold about 3.88% of the company’s shares, while institutions hold 109.63% stake in the company. Shares short for SIG as of 1724976000 were 4849976 with a Short Ratio of 5.71, compared to 1722384000 on 5463230. Therefore, it implies a Short% of Shares Outstanding of 4849976 and a Short% of Float of 20.330000000000002.
Dividends & Splits
In the trailing 12 months, SIG’s forward annual dividend rate was 1.04, compared to 1.04 this year. Against a Trailing Annual Dividend Yield of 0.010468042The stock’s 5-year Average Dividend Yield is 4.36.
Earnings Estimates
Investors are eagerly awaiting the insights provided by 6.0 analysts currently analyzing and rating the stock of Signet Jewelers Ltd (SIG).The consensus estimate for the next quarter is $8.06, with high estimates of $8.42 and low estimates of $7.54.
Analysts are recommending an EPS of between $10.9 and $9.9 for the fiscal current year, implying an average EPS of $10.59. EPS for the following year is $11.39, with 5.0 analysts recommending between $12.15 and $10.55.
Revenue Estimates
For the next quarter, 6 analysts are estimating revenue of $2.44B. There is a high estimate of $2.49B for the next quarter, whereas the lowest estimate is $2.39B.
A total of 6 analysts have provided revenue estimates for SIG’s current fiscal year. The highest revenue estimate was $6.86B, while the lowest revenue estimate was $6.76B, resulting in an average revenue estimate of $6.81B. In the same quarter a year ago, actual revenue was $7.17BBased on 5 analysts’ estimates, the company’s revenue will be $6.95B in the next fiscal year. The high estimate is $7.08B and the low estimate is $6.81B.
