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The closing price of Signet Jewelers Ltd (NYSE: SIG) was $98.59 for the day, down -2.46% from the previous closing price of $101.08. In other words, the price has decreased by -$2.46 from its previous closing price. On the day, 0.64 million shares were traded. SIG stock price reached its highest trading level at $102.09 during the session, while it also had its lowest trading level at $97.765.
Ratios:
Our analysis of SIG’s different ratios will help us gain a deeper understanding of the company. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 3.18 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 10.41. 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:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. A recent insider transaction in this stock occurred on Apr 22 ’24 when Stitzer H. Todd sold 10,000 shares for $100.09 per share. The transaction valued at 1,000,883 led to the insider holds 41,678 shares of the business.
Stitzer H. Todd sold 5,000 shares of SIG for $500,362 on Apr 10 ’24. The Director now owns 51,678 shares after completing the transaction at $100.07 per share. On Apr 09 ’24, another insider, Stitzer H. Todd, who serves as the Director of the company, sold 5,000 shares for $102.41 each. As a result, the insider received 512,057 and left with 56,678 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 4387580416 and an Enterprise Value of 4908079104. As of this moment, Signet’s Price-to-Earnings (P/E) ratio for their current fiscal year is 6.65, and their Forward P/E ratio for the next fiscal year is 8.00. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 0.95. 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 2.01. Its current Enterprise Value per Revenue stands at 0.684 whereas that against EBITDA is 6.702.
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 -1.37%, while the 200-Day Moving Average is calculated to be 13.59%.
Shares Statistics:
SIG traded an average of 731.70K shares per day over the past three months and 623420 shares per day over the past ten days. A total of 44.20M shares are outstanding, with a floating share count of 42.52M. Insiders hold about 4.46% of the company’s shares, while institutions hold 106.84% stake in the company. Shares short for SIG as of 1711584000 were 3775353 with a Short Ratio of 5.16, compared to 1709164800 on 4094005. Therefore, it implies a Short% of Shares Outstanding of 3775353 and a Short% of Float of 34.44.
Dividends & Splits
With its trailing 12-month dividend rate of 0.92, SIG has a forward annual dividend rate of 0.92. Against a Trailing Annual Dividend Yield of 0.009101702The stock’s 5-year Average Dividend Yield is 4.36.
