05 June, 2017
The firm has "Buy" rating given on Monday, March 28 by Goldman Sachs.
Signet Jewelers Limited (NYSE:SIG) swings ardently in active trading session, it jumps up of 1.14% to close at $53.01. Out of the analyst recommendations 4 rate Signet Jewelers Ltd (NYSE:SIG) stock a Buy, 3 rate the stock Outperform, 8 rate Hold, 0 rate Underperform and 0 recommend a Sell. CL King lowered shares of Signet Jewelers from a buy rating to a neutral rating and set a $85.00 price target on the stock.in a report on Friday, May 26th. Cowen and Company reaffirmed a "market perform" rating and issued a $78.00 price target (down previously from $89.00) on shares of Signet Jewelers in a research report on Saturday, March 11th. Finally, TheStreet cut shares of Signet Jewelers from a "b-" rating to a "c+" rating in a research note on Friday, February 10th. Two equities research analysts have rated the stock with a sell rating, ten have issued a hold rating and seven have assigned a buy rating to the stock. Nomura maintained Signet Jewelers Ltd. (NYSE:SIG) on Tuesday, May 31 with "Buy" rating. The stock stands -1.46% below the average-price of 50 days and -4.18% compared with the SMA 20.
Currently, the market capitalization of Signet Jewelers Limited (SIG) is 3.62 Billion. Signet Jewelers has a 52-week low of $46.09 and a 52-week high of $101.46.
Signet Jewelers (NYSE:SIG) last announced its quarterly earnings results on Thursday, May 25th. Following the EPS trend, pool of analysts gave current quarter Per-Share Earnings estimates trends of $0.54 for the ALLY while maintaining high price target of 30 and average of 24.78, as reported by WSJ. Moreover, Select Equity Grp Incorporated Lp has 0.01% invested in Signet Jewelers Ltd. (NYSE:SIG). Signet Jewelers's revenue for the quarter was down 11.1% on a year-over-year basis. This is an increase from Signet Jewelers's previous quarterly dividend of $0.26. Equities analysts forecast that Signet Jewelers will post $6.83 EPS for the current fiscal year.
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The business also recently declared a quarterly dividend, which will be paid on Wednesday, August 30th. Susquehanna Int Ltd Liability Partnership invested in 0% or 63,313 shares. The ex-dividend date of this dividend is Wednesday, July 26th.
Now the P/E of Signet Jewelers Limited stands at 8.81.
In other news, Director H. Todd Stitzer purchased 2,090 shares of Signet Jewelers stock in a transaction dated Wednesday, May 31st. Following the completion of the acquisition, the director now owns 16,823 shares in the company, valued at approximately $805,989.93.
SIG has been the subject of a number of other research reports. Skandinaviska Enskilda Banken AB publ purchased a new position in shares of Signet Jewelers during the first quarter worth $541,000. Total debt to equity ratio of the company for most recent quarter is 0.47 whereas long term debt to equity ratio for most recent quarter is 0.47.
In the past 5 years, the stock showed growth of 10.15% per annum.
Once the company decides on whether to pay dividends they may establish a somewhat permanent dividend policy, which may in turn impact on investors and perceptions of the company in the financial markets. SRB Corp now owns 1,654 shares of the company's stock valued at $123,000 after buying an additional 352 shares in the last quarter. Finally, Investec Asset Management LTD boosted its stake in Signet Jewelers by 67.8% in the first quarter.
Many analysts have provided their estimated foresights on Signet Jewelers Limited Earnings, with 13 analysts believing the company would generate an Average Estimate of $1.03.
Signet Jewelers Limited on 05/25/2017 reported its EPS as $1.14 with the analysts projecting the EPS of the stock as $1.45. The Sterling Jewelers division's stores operate in the United States principally as Kay Jewelers, Kay Jewelers Outlet, Jared The Galleria Of Jewelry (Jared) and Jared Vault.
