Signet Jewelers Limited (NYSE:SIG - Free Report) - Stock analysts at Telsey Advisory Group cut their FY2025 EPS estimates for Signet Jewelers in a research note issued to investors on Wednesday, January 15th. Telsey Advisory Group analyst D. Telsey now forecasts that the company will post earnings of $8.61 per share for the year, down from their prior forecast of $9.85. Telsey Advisory Group has a "Market Perform" rating and a $65.00 price objective on the stock. The consensus estimate for Signet Jewelers' current full-year earnings is $9.88 per share. Telsey Advisory Group also issued estimates for Signet Jewelers' Q4 2025 earnings at $6.28 EPS, Q4 2026 earnings at $6.00 EPS and FY2026 earnings at $9.11 EPS.
A number of other brokerages also recently issued reports on SIG. Wells Fargo & Company decreased their price target on shares of Signet Jewelers from $110.00 to $95.00 and set an "overweight" rating for the company in a research note on Wednesday. Bank of America decreased their price objective on shares of Signet Jewelers from $95.00 to $65.00 and set a "neutral" rating for the company in a research report on Wednesday. Finally, StockNews.com lowered Signet Jewelers from a "buy" rating to a "hold" rating in a report on Friday, December 6th. Three investment analysts have rated the stock with a hold rating and three have issued a buy rating to the company. According to data from MarketBeat, the stock presently has an average rating of "Moderate Buy" and an average target price of $95.20.
Read Our Latest Stock Report on SIG
Signet Jewelers Stock Up 1.0 %
Shares of Signet Jewelers stock traded up $0.57 during trading hours on Friday, reaching $57.16. 990,045 shares of the company were exchanged, compared to its average volume of 2,528,770. The firm has a market cap of $2.49 billion, a PE ratio of 6.57, a PEG ratio of 0.95 and a beta of 2.13. The company has a debt-to-equity ratio of 0.14, a quick ratio of 0.25 and a current ratio of 1.55. Signet Jewelers has a 1 year low of $54.44 and a 1 year high of $112.06. The stock's fifty day moving average is $86.41 and its 200 day moving average is $87.40.
Signet Jewelers (NYSE:SIG - Get Free Report) last posted its earnings results on Thursday, December 5th. The company reported $0.24 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.29 by ($0.05). The firm had revenue of $1.35 billion for the quarter, compared to analyst estimates of $1.37 billion. Signet Jewelers had a return on equity of 28.69% and a net margin of 8.57%. Signet Jewelers's revenue was down 3.1% on a year-over-year basis. During the same period in the previous year, the company posted $0.24 EPS.
Signet Jewelers Dividend Announcement
The business also recently announced a quarterly dividend, which will be paid on Friday, February 21st. Stockholders of record on Friday, January 24th will be issued a $0.29 dividend. This represents a $1.16 annualized dividend and a dividend yield of 2.03%. The ex-dividend date is Friday, January 24th. Signet Jewelers's payout ratio is 13.35%.
Insider Activity at Signet Jewelers
In other Signet Jewelers news, Director Eugenia Ulasewicz sold 3,333 shares of the company's stock in a transaction on Monday, October 21st. The shares were sold at an average price of $99.63, for a total value of $332,066.79. Following the completion of the transaction, the director now owns 26,085 shares in the company, valued at $2,598,848.55. This represents a 11.33 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, insider Joan M. Hilson sold 8,000 shares of Signet Jewelers stock in a transaction dated Wednesday, October 23rd. The stock was sold at an average price of $94.57, for a total value of $756,560.00. Following the sale, the insider now owns 200,844 shares in the company, valued at $18,993,817.08. This trade represents a 3.83 % decrease in their position. The disclosure for this sale can be found here. Insiders own 3.26% of the company's stock.
Institutional Investors Weigh In On Signet Jewelers
A number of institutional investors and hedge funds have recently added to or reduced their stakes in SIG. MidWestOne Financial Group Inc. increased its holdings in shares of Signet Jewelers by 63.3% in the 2nd quarter. MidWestOne Financial Group Inc. now owns 16,974 shares of the company's stock valued at $1,521,000 after acquiring an additional 6,579 shares during the period. Nordea Investment Management AB grew its position in Signet Jewelers by 36.3% during the 4th quarter. Nordea Investment Management AB now owns 132,070 shares of the company's stock worth $10,704,000 after purchasing an additional 35,174 shares during the last quarter. Blueshift Asset Management LLC acquired a new position in Signet Jewelers in the third quarter valued at $2,853,000. Ensign Peak Advisors Inc raised its holdings in shares of Signet Jewelers by 94.1% in the second quarter. Ensign Peak Advisors Inc now owns 30,483 shares of the company's stock valued at $2,731,000 after buying an additional 14,775 shares during the last quarter. Finally, Versor Investments LP purchased a new stake in shares of Signet Jewelers in the third quarter valued at about $977,000.
About Signet Jewelers
(
Get Free Report)
Signet Jewelers Limited operates as a diamond jewelry retailer. It operates through three segments: North America, International, and Other. The North America segment operates jewelry stores in jewelry stores in malls, mall-based kiosks, and off-mall locations in the United States and Canada primarily under the Kay Jewelers, Kay Jewelers Outlet, Jared The Galleria Of Jewelry, Jared Vault, Zales Outlet, Zales Jewelers, Diamonds Direct, James Allen, Banter by Piercing Pagoda, and Peoples Jewellers names, as well as operates online through its digital banners, James Allen and Blue Nile.
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