Signet Jewelers Ltd (NYSE: SIG) is -7.09% lower on its value in year-to-date trading and has touched a low of $57.10 and a high of $109.17 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The SIG stock was last observed hovering at around $98.59 in the last trading session, with the day’s gains setting it 1.07%.
Currently trading at $99.66, the stock is 0.40% and -0.16% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.91 million and changing 1.09% at the moment leaves the stock 14.65% off its SMA200. SIG registered 34.68% gain for a year compared to 6-month gain of 39.64%.
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The stock witnessed a 1.58% loss in the last 1 month and extending the period to 3 months gives it a -0.28%, and is 6.04% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 4.06% over the week and 3.83% over the month.
Signet Jewelers Ltd (SIG) has around 27991 employees, a market worth around $4.43B and $7.17B in sales. Current P/E ratio is 6.72 and Fwd P/E is 8.09. Profit margin for the company is 10.82%. Distance from 52-week low is 74.54% and -8.71% from its 52-week high. The company has generated returns on investments over the last 12 months (21.21%).
The EPS is expected to grow by 3.33% this year
The shares outstanding are 44.20M, and float is at 42.52M with Short Float at 9.47%.
Signet Jewelers Ltd (SIG) Insider Activity
The most recent transaction is an insider sale by Stitzer H. Todd, the company’s Director. SEC filings show that Stitzer H. Todd sold 10,000 shares of the company’s common stock on Apr 22 ’24 at a price of $100.09 per share for a total of $1.0 million. Following the sale, the insider now owns 41678.0 shares.
Signet Jewelers Ltd disclosed in a document filed with the SEC on Apr 10 ’24 that Stitzer H. Todd (Director) sold a total of 5,000 shares of the company’s common stock. The trade occurred on Apr 10 ’24 and was made at $100.07 per share for $0.5 million. Following the transaction, the insider now directly holds 51678.0 shares of the SIG stock.
Still, SEC filings show that on Apr 09 ’24, Stitzer H. Todd (Director) disposed off 5,000 shares at an average price of $102.41 for $0.51 million. The insider now directly holds 56,678 shares of Signet Jewelers Ltd (SIG).
