Signet Jewelers (NYSE:SIG – Get Free Report) is anticipated to post its Q1 2026 quarterly earnings results before the market opens on Tuesday, June 3rd. Analysts expect Signet Jewelers to post earnings of $1.02 per share and revenue of $1.52 billion for the quarter.
Signet Jewelers (NYSE:SIG – Get Free Report) last posted 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. The business had revenue of $2.35 billion during the quarter, compared to analysts’ expectations of $2.33 billion. Signet Jewelers had a net margin of 8.57% and a return on equity of 28.69%. The business’s revenue for the quarter was down 5.8% on a year-over-year basis. During the same quarter in the prior year, the company posted $6.73 EPS. On average, analysts expect Signet Jewelers to post $9 EPS for the current fiscal year and $9 EPS for the next fiscal year.
Signet Jewelers Trading Down 1.8%
Shares of Signet Jewelers stock opened at $63.05 on Tuesday. The firm has a market capitalization of $2.70 billion, a price-to-earnings ratio of 7.26, a PEG ratio of 3.43 and a beta of 1.34. Signet Jewelers 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. The stock has a 50 day moving average of $59.74 and a 200 day moving average of $66.95.
Signet Jewelers Increases Dividend
Analyst Upgrades and Downgrades
Several brokerages have weighed in on SIG. UBS Group increased their target price on shares of Signet Jewelers from $85.00 to $89.00 and gave the stock a “buy” rating in a research note on Thursday, March 20th. Wells Fargo & Company raised their price target on Signet Jewelers from $60.00 to $70.00 and gave the stock an “equal weight” rating in a research report on Wednesday, May 14th. Telsey Advisory Group restated a “market perform” rating and set a $55.00 price target on shares of Signet Jewelers in a research report on Wednesday, March 19th. Cfra Research upgraded Signet Jewelers to a “moderate buy” rating in a report on Thursday, March 20th. Finally, CL King initiated coverage on Signet Jewelers in a report on Monday, May 5th. They set a “buy” rating and a $80.00 target price for the company. Four equities research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company’s stock. According to MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus price target of $79.67.
Check Out Our Latest Research Report on SIG
Insider Activity
In other news, Director Helen Mccluskey acquired 1,700 shares of Signet Jewelers stock in a transaction on Friday, April 25th. The stock was bought at an average price of $58.86 per share, for a total transaction of $100,062.00. Following the completion of the purchase, the director now owns 31,916 shares in the company, valued at $1,878,575.76. This represents a 5.63% increase in their ownership of the stock. The acquisition was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, CEO James Kevin Symancyk purchased 15,000 shares of Signet Jewelers stock in a transaction that occurred on Monday, March 31st. The stock was acquired at an average price of $57.45 per share, with a total value of $861,750.00. Following the transaction, the chief executive officer now owns 50,710 shares in the company, valued at $2,913,289.50. The trade was a 42.01% increase in their ownership of the stock. The disclosure for this purchase can be found here. Company insiders own 3.26% of the company’s stock.
Institutional Trading of Signet Jewelers
Several institutional investors and hedge funds have recently added to or reduced their stakes in SIG. Royal Bank of Canada raised its holdings in Signet Jewelers by 87.2% during the first quarter. Royal Bank of Canada now owns 17,564 shares of the company’s stock worth $1,020,000 after purchasing an additional 8,183 shares in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its position in Signet Jewelers by 9.8% in the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 122,573 shares of the company’s stock worth $7,117,000 after acquiring an additional 10,964 shares in the last quarter. Finally, Goldman Sachs Group Inc. raised its position in Signet Jewelers by 33.5% in the first quarter. Goldman Sachs Group Inc. now owns 849,692 shares of the company’s stock worth $49,333,000 after acquiring an additional 213,365 shares in the last quarter.
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.
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