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Signet Jewelers Ltd (NYSE: SIG) closed the day trading at $94.35 down -3.13% from the previous closing price of $97.40. In other words, the price has decreased by -$3.13 from its previous closing price. On the day, 0.98 million shares were traded. SIG stock price reached its highest trading level at $99.17 during the session, while it also had its lowest trading level at $93.41.
Ratios:
For a better understanding of SIG, let’s look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 3.05 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 9.96. 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:
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 Apr 26 ’24 when Ciccolini Vincent sold 4,000 shares for $101.64 per share. The transaction valued at 406,557 led to the insider holds 46,076 shares of the business.
Stitzer H. Todd sold 10,000 shares of SIG for $1,000,883 on Apr 22 ’24. The Director now owns 41,678 shares after completing the transaction at $100.09 per share. On Apr 10 ’24, another insider, Stitzer H. Todd, who serves as the Director of the company, sold 5,000 shares for $100.07 each. As a result, the insider received 500,362 and left with 51,678 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 4198886400 and an Enterprise Value of 4719385088. As of this moment, Signet’s Price-to-Earnings (P/E) ratio for their current fiscal year is 6.36, and their Forward P/E ratio for the next fiscal year is 7.72. 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 0.59 while its Price-to-Book (P/B) ratio in mrq is 1.92. Its current Enterprise Value per Revenue stands at 0.658 whereas that against EBITDA is 6.445.
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 -4.79%, while the 200-Day Moving Average is calculated to be 7.53%.
Shares Statistics:
Over the past 3-months, SIG traded about 759.39K shares per day on average, while over the past 10 days, SIG traded about 685360 shares per day. 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 106.43% stake in the company. Shares short for SIG as of 1713139200 were 4027780 with a Short Ratio of 5.30, compared to 1710460800 on 3818669. Therefore, it implies a Short% of Shares Outstanding of 4027780 and a Short% of Float of 36.740002.
Dividends & Splits
SIG’s forward annual dividend rate is 0.98, up from 0.92 a year ago. Against a Trailing Annual Dividend Yield of 0.009445585The stock’s 5-year Average Dividend Yield is 4.36.
