Currently, there are 43.50M common shares owned by the public and among those 41.74M shares have been available to trade.
The company’s stock has a 5-day price change of -24.13% and -39.68% over the past three months. SIG shares are trading -28.14% year to date (YTD), with the 12-month market performance down to -42.08% lower. It has a 12-month low price of $72.26 and touched a high of $112.06 over the same period. SIG has an average intraday trading volume of 1.05 million shares. The stock is trading above its simple moving averages at the SMA20, SMA50, and SMA200, as the current price level is off by -26.12%, -34.56%, and -36.56% respectively.
Institutional ownership of Signet Jewelers Ltd (NYSE: SIG) shares accounts for 109.71% of the company’s 43.50M shares outstanding.
It has a market capitalization of $2.52B and a beta (3y monthly) value of 2.15. The stock’s trailing 12-month PE ratio is 6.67, while the earnings-per-share (ttm) stands at $8.69. Price movements for the stock have been influenced by the stock’s volatility, which stands at 6.45% over the week and 4.20% over the month.
Analysts forecast that Signet Jewelers Ltd (SIG) will achieve an EPS of 7.17 for the current quarter, 1.15 for the next quarter and 10.61 for current fiscal year. The lowest estimate earnings-per-share for the quarter is 6.1 while analysts give the company a high EPS estimate of 6.1. Comparatively, EPS for the current quarter was 6.73 a year ago. Earnings per share for the fiscal year are expected to decrease by -8.79%, and 7.46% over the next financial year.
Looking at the support for the SIG, a number of firms have released research notes about the stock. Telsey Advisory Group stated their Market Perform rating for the stock in a research note on September 09, 2024, with the firm’s price target at $105-$87. Citigroup coverage for the Signet Jewelers Ltd (SIG) stock in a research note released on June 14, 2024 offered a Buy rating with a price target of $119. Telsey Advisory Group was of a view on April 04, 2024 that the stock is Market Perform, while Telsey Advisory Group gave the stock Market Perform rating on March 21, 2024, issuing a price target of $105- $100. Telsey Advisory Group on their part issued Market Perform rating on March 15, 2024.
