Signet Jewelers Ltd (SIG)’s Market Momentum: Closing Strong at 78.09, Up 2.40

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As of close of business last night, Signet Jewelers Ltd’s stock clocked out at $78.09, up 2.40% from its previous closing price of $76.26. In other words, the price has increased by $2.40 from its previous closing price. On the day, 1.31 million shares were traded. SIG stock price reached its highest trading level at $78.75 during the session, while it also had its lowest trading level at $75.91.

Ratios:

To gain a deeper understanding of SIG’s stock, we examine its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 4.78 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 5.37. For the most recent quarter (mrq), Quick Ratio is recorded 0.52 and its Current Ratio is at 1.66. In the meantime, Its Debt-to-Equity ratio is 0.51 whereas as Long-Term Debt/Eq ratio is at 0.34.

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:

Investing in insider trades can also provide an investor with insight into how management views future stock prices. A recent insider transaction in this stock occurred on Aug 23 ’24 when FINN MARY ELIZABETH sold 8,000 shares for $80.00 per share. The transaction valued at 640,000 led to the insider holds 46,821 shares of the business.

Singleton Jamie sold 12,625 shares of SIG for $1,010,000 on Aug 23 ’24. The * See Remarks now owns 150,317 shares after completing the transaction at $80.00 per share. On Aug 23 ’24, another insider, MARY LIZ FINN, who serves as the Officer of the company, bought 8,000 shares for $80.00 each.

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 3483305728 and an Enterprise Value of 4301304832. As of this moment, Signet’s Price-to-Earnings (P/E) ratio for their current fiscal year is 6.35, and their Forward P/E ratio for the next fiscal year is 6.99. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 0.72. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.50 while its Price-to-Book (P/B) ratio in mrq is 1.68. Its current Enterprise Value per Revenue stands at 0.613 whereas that against EBITDA is 6.377.

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 -4.31%, while the 200-Day Moving Average is calculated to be -17.30%.

Shares Statistics:

It appears that SIG traded 925.18K shares on average per day over the past three months and 942210 shares per day over the past ten days. A total of 44.20M shares are outstanding, with a floating share count of 42.84M. Insiders hold about 3.96% of the company’s shares, while institutions hold 108.93% stake in the company. Shares short for SIG as of 1723680000 were 4828250 with a Short Ratio of 5.22, compared to 1721001600 on 5465020. Therefore, it implies a Short% of Shares Outstanding of 4828250 and a Short% of Float of 20.24.

Dividends & Splits

With its trailing 12-month dividend rate of 0.98, SIG has a forward annual dividend rate of 1.04. Against a Trailing Annual Dividend Yield of 0.0128507735The stock’s 5-year Average Dividend Yield is 4.36.

Earnings Estimates

Currently, 6.0 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 $0.55, with high estimates of $0.73 and low estimates of $0.39.

Analysts are recommending an EPS of between $10.58 and $9.5 for the fiscal current year, implying an average EPS of $10.23. EPS for the following year is $11.18, with 5.0 analysts recommending between $11.8 and $10.0.

Revenue Estimates

For the next quarter, 6 analysts are estimating revenue of $1.35B. There is a high estimate of $1.37B for the next quarter, whereas the lowest estimate is $1.33B.

A total of 6 analysts have provided revenue estimates for SIG’s current fiscal year. The highest revenue estimate was $6.82B, while the lowest revenue estimate was $6.71B, resulting in an average revenue estimate of $6.77B. In the same quarter a year ago, actual revenue was $7.17BBased on 5 analysts’ estimates, the company’s revenue will be $6.92B in the next fiscal year. The high estimate is $7.01B and the low estimate is $6.82B.

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