Signet Jewelers (NYSE:SIG) Issues FY 2026 Earnings Guidance

Signet Jewelers (NYSE:SIG) updated its FY 2026 earnings guidance on Wednesday. The company provided earnings per share guidance of 7.310-9.100 for the period, compared to the consensus earnings per share estimate of 9.000. The company issued revenue guidance of $6.5 billion-$6.8 billion, compared to the consensus revenue estimate of $6.7 billion. Signet Jewelers also updated its FY26 guidance to $7.31-9.10 EPS.

Analyst Ratings Changes

A number of research analysts have recently weighed in on the company. Telsey Advisory Group restated a “market perform” rating and issued a $55.00 price target on shares of Signet Jewelers in a research report on Wednesday. Wells Fargo & Company dropped their price objective 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, January 15th. StockNews.com cut Signet Jewelers from a “buy” rating to a “hold” rating in a report on Friday, December 6th. Finally, Bank of America decreased their price target on Signet Jewelers from $95.00 to $65.00 and set a “neutral” rating for the company in a report on Wednesday, January 15th. Three investment analysts have rated the stock with a hold rating and three have given a buy rating to the company’s stock. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $93.20.

Signet Jewelers Trading Up 24.0 %

NYSE:SIG opened at $59.91 on Wednesday. The company has a quick ratio of 0.25, a current ratio of 1.55 and a debt-to-equity ratio of 0.14. Signet Jewelers has a 1-year low of $45.55 and a 1-year high of $112.06. The firm has a market capitalization of $2.61 billion, a price-to-earnings ratio of 6.87, a price-to-earnings-growth ratio of 3.43 and a beta of 2.20. The stock has a fifty day simple moving average of $55.61 and a 200 day simple moving average of $78.81.

Signet Jewelers (NYSE:SIG) last announced its quarterly earnings data on Wednesday, March 19th. The company reported $6.62 earnings per share (EPS) for the quarter, topping the consensus estimate of $6.39 by $0.23. The firm had revenue of $2.35 billion during the quarter, compared to the consensus estimate of $2.33 billion. Signet Jewelers had a return on equity of 28.69% and a net margin of 8.57%. The business’s revenue for the quarter was down 5.8% on a year-over-year basis. During the same period in the prior year, the business earned $6.73 EPS. Sell-side analysts forecast that Signet Jewelers will post 8.73 earnings per share for the current year.

Insider Transactions at Signet Jewelers

In related news, Director Eugenia Ulasewicz sold 3,333 shares of the firm’s stock in a transaction that occurred on Friday, February 21st. The stock was sold at an average price of $54.13, for a total value of $180,415.29. Following the transaction, the director now directly owns 22,752 shares of the company’s stock, valued at approximately $1,231,565.76. This trade represents a 12.78 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. Company insiders own 3.26% of the company’s stock.

About Signet Jewelers

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.