Signet Jewelers (NYSE:SIG – Free Report) had its goal worth trimmed by Financial institution of America from $108.00 to $100.00 in a analysis report report revealed on Friday, Benzinga stories. The brokerage at the moment has a impartial ranking on the inventory.
Different analysis analysts have additionally issued stories in regards to the inventory. Citigroup restated a purchase ranking and issued a $119.00 worth goal on shares of Signet Jewelers in a analysis word on Friday, June 14th. UBS Group lower their worth goal on shares of Signet Jewelers from $145.00 to $132.00 and set a purchase ranking for the corporate in a report on Wednesday, September eleventh. StockNews.com lowered Signet Jewelers from a purchase ranking to a maintain ranking in a report on Wednesday, September 4th. Telsey Advisory Group dropped their goal worth on shares of Signet Jewelers from $105.00 to $87.00 and set a market carry out ranking for the corporate in a report on Monday, September ninth. Lastly, Wells Fargo & Firm diminished their worth goal on shares of Signet Jewelers from $125.00 to $105.00 and set an obese ranking on the inventory in a report on Tuesday, August twenty seventh. Three analysts have rated the inventory with a maintain ranking and three have given a purchase ranking to the corporate’s inventory. In accordance with knowledge from MarketBeat, the inventory has a median ranking of Reasonable Purchase and a median goal worth of $108.60.
Get Our Newest Inventory Report on Signet Jewelers
Signet Jewelers Buying and selling Up 4.8 %
Shares of NYSE SIG opened at $91.15 on Friday. Signet Jewelers has a 12-month low of $65.12 and a 12-month excessive of $112.06. The inventory has a market cap of $4.07 billion, a P/E ratio of seven.41, a PEG ratio of 0.85 and a beta of two.10. The enterprise’s fifty day easy transferring common is $81.40 and its 200-day easy transferring common is $92.08.
Signet Jewelers (NYSE:SIG – Get Free Report) final launched its quarterly earnings knowledge on Thursday, September twelfth. The corporate reported $1.25 EPS for the quarter, beating analysts’ consensus estimates of $1.14 by $0.11. The enterprise had income of $1.49 billion for the quarter, in comparison with the consensus estimate of $1.50 billion. Signet Jewelers had a return on fairness of 32.51% and a web margin of 10.91%. The enterprise’s income for the quarter was down 7.6% on a year-over-year foundation. Throughout the identical quarter within the prior 12 months, the enterprise posted $1.55 EPS. On common, equities analysts forecast that Signet Jewelers will submit 10.47 EPS for the present fiscal 12 months.
Signet Jewelers Proclaims Dividend
The enterprise additionally lately disclosed a quarterly dividend, which will probably be paid on Friday, November twenty second. Stockholders of file on Friday, October twenty fifth will probably be paid a dividend of $0.29 per share. This represents a $1.16 dividend on an annualized foundation and a dividend yield of 1.27%. The ex-dividend date of this dividend is Friday, October twenty fifth. Signet Jewelers’s dividend payout ratio is at the moment 9.43%.
Insider Exercise at Signet Jewelers
In different information, insider Mary Elizabeth Finn offered 8,000 shares of the corporate’s inventory in a transaction on Friday, August twenty third. The inventory was offered at a median worth of $80.00, for a complete transaction of $640,000.00. Following the completion of the sale, the insider now immediately owns 46,821 shares within the firm, valued at roughly $3,745,680. The transaction was disclosed in a authorized submitting with the SEC, which is out there at this hyperlink. In different Signet Jewelers information, insider Oded Edelman offered 9,000 shares of the enterprise’s inventory in a transaction that occurred on Wednesday, August 14th. The shares have been offered at a median worth of $74.55, for a complete transaction of $670,950.00. Following the completion of the sale, the insider now immediately owns 28,398 shares within the firm, valued at $2,117,070.90. The transaction was disclosed in a authorized submitting with the SEC, which is out there by means of this hyperlink. Additionally, insider Mary Elizabeth Finn offered 8,000 shares of the agency’s inventory in a transaction on Friday, August twenty third. The shares have been offered at a median worth of $80.00, for a complete transaction of $640,000.00. Following the completion of the transaction, the insider now immediately owns 46,821 shares within the firm, valued at roughly $3,745,680. The disclosure for this sale will be discovered right here. During the last three months, insiders offered 57,439 shares of firm inventory value $4,809,869. 3.26% of the inventory is owned by firm insiders.
Institutional Buying and selling of Signet Jewelers
A number of massive traders have lately added to or diminished their stakes within the inventory. Nordea Funding Administration AB lifted its place in shares of Signet Jewelers by 25.0% throughout the first quarter. Nordea Funding Administration AB now owns 76,951 shares of the corporate’s inventory value $7,627,000 after buying an extra 15,376 shares within the final quarter. Cetera Advisors LLC acquired a brand new place in shares of Signet Jewelers within the 1st quarter value roughly $1,093,000. Illinois Municipal Retirement Fund raised its place in shares of Signet Jewelers by 97.3% throughout the 1st quarter. Illinois Municipal Retirement Fund now owns 45,593 shares of the corporate’s inventory valued at $4,562,000 after buying an extra 22,482 shares within the final quarter. Cambridge Funding Analysis Advisors Inc. acquired a brand new stake in shares of Signet Jewelers throughout the 4th quarter valued at roughly $1,370,000. Lastly, BNP Paribas Monetary Markets lifted its stake in Signet Jewelers by 28.2% throughout the fourth quarter. BNP Paribas Monetary Markets now owns 65,723 shares of the corporate’s inventory value $7,049,000 after buying an extra 14,465 shares over the past quarter.
About Signet Jewelers
Signet Jewelers Restricted operates as a diamond jewellery retailer. It operates by means of three segments: North America, Worldwide, and Different. The North America phase operates jewellery shops in jewellery shops in malls, mall-based kiosks, and off-mall areas in the US and Canada primarily underneath the Kay Jewelers, Kay Jewelers Outlet, Jared The Galleria Of Jewellery, Jared Vault, Zales Outlet, Zales Jewelers, Diamonds Direct, James Allen, Banter by Piercing Pagoda, and Peoples Jewellers names, in addition to operates on-line by means of its digital banners, James Allen and Blue Nile.
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