A number of research firms have changed their ratings and price targets for Signet Jewelers (NYSE: SIG):
- 3/20/2025 – Signet Jewelers had its price target lowered by analysts at Wells Fargo & Company from $95.00 to $80.00. They now have an “overweight” rating on the stock.
- 3/20/2025 – Signet Jewelers was upgraded by analysts at Cfra Research to a “moderate buy” rating.
- 3/20/2025 – Signet Jewelers had its price target raised by analysts at UBS Group AG from $85.00 to $89.00. They now have a “buy” rating on the stock.
- 3/19/2025 – Signet Jewelers had its “market perform” rating reaffirmed by analysts at Telsey Advisory Group. They now have a $55.00 price target on the stock.
- 3/13/2025 – Signet Jewelers had its price target lowered by analysts at Telsey Advisory Group from $65.00 to $55.00. They now have a “market perform” rating on the stock.
Signet Jewelers Price Performance
Shares of SIG opened at $60.45 on Friday. The business’s 50-day moving average is $54.43 and its two-hundred day moving average is $77.82. The company has a market capitalization of $2.63 billion, a P/E ratio of 6.96, a P/E/G ratio of 3.43 and a beta of 2.20. Signet Jewelers Limited has a fifty-two week low of $45.55 and a fifty-two week high of $112.06. 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 (NYSE:SIG – Get Free Report) last announced its quarterly earnings results on Wednesday, March 19th. The company reported $6.62 earnings per share for the quarter, beating the consensus estimate of $6.39 by $0.23. Signet Jewelers had a return on equity of 28.69% and a net margin of 8.57%. The company had revenue of $2.35 billion during the quarter, compared to analysts’ expectations of $2.33 billion. During the same period last year, the business earned $6.73 earnings per share. Signet Jewelers’s quarterly revenue was down 5.8% on a year-over-year basis. Research analysts predict that Signet Jewelers Limited will post 8.73 earnings per share for the current year.
Signet Jewelers Increases Dividend
Insider Buying and Selling at Signet Jewelers
In related news, Director Eugenia Ulasewicz sold 3,333 shares of Signet Jewelers stock in a transaction dated Friday, February 21st. The stock was sold at an average price of $54.13, for a total value of $180,415.29. Following the completion of the transaction, the director now owns 22,752 shares in the company, valued at $1,231,565.76. The trade was a 12.78 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. 3.26% of the stock is owned by corporate insiders.
Institutional Trading of Signet Jewelers
Several institutional investors have recently bought and sold shares of SIG. Grace & White Inc. NY lifted its position in shares of Signet Jewelers by 6.1% during the 4th quarter. Grace & White Inc. NY now owns 207,262 shares of the company’s stock valued at $16,728,000 after buying an additional 11,900 shares in the last quarter. Illinois Municipal Retirement Fund raised its position in Signet Jewelers by 22.3% during the fourth quarter. Illinois Municipal Retirement Fund now owns 61,568 shares of the company’s stock worth $4,969,000 after acquiring an additional 11,218 shares during the period. Magnetar Financial LLC purchased a new position in Signet Jewelers during the fourth quarter valued at $2,418,000. Van ECK Associates Corp grew its position in shares of Signet Jewelers by 30.5% in the fourth quarter. Van ECK Associates Corp now owns 36,655 shares of the company’s stock valued at $2,958,000 after purchasing an additional 8,574 shares during the period. Finally, US Bancorp DE increased its stake in shares of Signet Jewelers by 99.6% during the fourth quarter. US Bancorp DE now owns 19,598 shares of the company’s stock worth $1,582,000 after purchasing an additional 9,778 shares in the last quarter.
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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