Signet Jewelers Ltd (NYSE: SIG) is -29.74% lower on its value in year-to-date trading and has touched a low of $65.12 and a high of $112.06 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 $73.75 in the last trading session, with the day’s gains setting it 1.61%.
Currently trading at $75.36, the stock is -9.64% and -17.03% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.75 million and changing 2.18% at the moment leaves the stock -19.70% off its SMA200. SIG registered -8.18% loss for a year compared to 6-month loss of -23.49%.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
The stock witnessed a -14.40% gain in the last 1 month and extending the period to 3 months gives it a -20.35%, and is -8.19% down 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 4.01% over the week and 3.62% over the month.
Signet Jewelers Ltd (SIG) has around 27991 employees, a market worth around $3.36B and $7.01B in sales. Current P/E ratio is 6.13 and Fwd P/E is 6.41. Profit margin for the company is 9.22%. Distance from 52-week low is 15.73% and -32.75% from its 52-week high. The company has generated returns on investments over the last 12 months (20.04%).
The EPS is expected to grow by 2.37% this year
The shares outstanding are 44.20M, and float is at 42.80M with Short Float at 12.77%.
Signet Jewelers Ltd (SIG) Insider Activity
The most recent transaction is an insider sale by Singleton Jamie, the company’s *. SEC filings show that Singleton Jamie sold 18,105 shares of the company’s common stock on Jul 22 ’24 at a price of $83.11 per share for a total of $1.5 million. Following the sale, the insider now owns 0.16 million shares.
Signet Jewelers Ltd disclosed in a document filed with the SEC on Jul 18 ’24 that Edelman Oded () sold a total of 9,000 shares of the company’s common stock. The trade occurred on Jul 18 ’24 and was made at $85.67 per share for $0.77 million. Following the transaction, the insider now directly holds 37398.0 shares of the SIG stock.
Still, SEC filings show that on Jul 18 ’24, FINN MARY ELIZABETH (Chief People Officer) disposed off 8,000 shares at an average price of $86.94 for $0.7 million. The insider now directly holds 54,821 shares of Signet Jewelers Ltd (SIG).
