Signet Jewelers Ltd (SIG)’s Day in Review: Closing at 94.98, Down by -7.91

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After finishing at $103.14 in the prior trading day, Signet Jewelers Ltd (NYSE: SIG) closed at $94.98, down -7.91%. In other words, the price has decreased by -$7.91 from its previous closing price. On the day, 1.93 million shares were traded. SIG stock price reached its highest trading level at $99.185 during the session, while it also had its lowest trading level at $92.271.

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 10.38 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 7.41. 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 27 ’24 when Drosos Virginia sold 46,525 shares for $101.75 per share. The transaction valued at 4,733,928 led to the insider holds 728,820 shares of the business.

Drosos Virginia sold 3,475 shares of SIG for $353,318 on Sep 26 ’24. The Chief Executive Officer now owns 775,345 shares after completing the transaction at $101.67 per share. On Sep 24 ’24, another insider, Wooters Rebecca, who serves as the Chief Digital Officer of the company, sold 22,151 shares for $99.00 each. As a result, the insider received 2,192,949 and left with 68,343 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 4183850240 and an Enterprise Value of 5048249344. As of this moment, Signet’s Price-to-Earnings (P/E) ratio for their current fiscal year is 11.00, and their Forward P/E ratio for the next fiscal year is 8.34. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.34. 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 2.19. Its current Enterprise Value per Revenue stands at 0.733 whereas that against EBITDA is 7.8.

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 13.44%, while the 200-Day Moving Average is calculated to be 0.08%.

Shares Statistics:

The stock has traded on average 888.74K shares per day over the past 3-months and 1051020 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 42.36M. Insiders hold about 3.83% of the company’s shares, while institutions hold 109.60% stake in the company. Shares short for SIG as of 1726185600 were 5032243 with a Short Ratio of 5.66, compared to 1723680000 on 4828250. Therefore, it implies a Short% of Shares Outstanding of 5032243 and a Short% of Float of 21.6.

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 0.010083381The stock’s 5-year Average Dividend Yield is 4.36.

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