Signet Jewelers Ltd (NYSE: SIG) is -8.56% lower on its value in year-to-date trading and has touched a low of $45.55 and a high of $106.28 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 $79.58 in the last trading session, with the day’s loss setting it -78.35%.
Currently trading at $1.23M, the stock is 6.06% and 20.56% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.0 million and changing 1002248% at the moment leaves the stock 10.27% off its SMA200. SIG registered 1.35% gain for a year compared to 6-month loss of 0.81%. The firm has a 50-day simple moving average (SMA 50) of $67.8492 and a 200-day simple moving average (SMA200) of $74.17985.
The stock witnessed a 23.25% gain in the last 1 month and extending the period to 3 months gives it a 35.14%, and is 0.45% 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 2.96% over the week and 3.31% over the month.
Signet Jewelers Ltd (SIG) has around 27595 employees, a market worth around $3.37B and $6.73B in sales. Current P/E ratio is 88.79 and Fwd P/E is 8.22. Profit margin for the company is 0.56%. Distance from 52-week low is 79.58% and -23.03% from its 52-week high. The company has generated returns on investments over the last 12 months (1.42%).
The EPS is expected to grow by 0.11% this year
401.0 institutions hold shares in Signet Jewelers Ltd (SIG), with institutional investors hold 119.43% of the company’s shares. The shares outstanding are 41.40M, and float is at 39.37M with Short Float at 15.51%. Institutions hold 115.94% of the Float.
The top institutional shareholder in the company is SELECT EQUITY GROUP, L.P. with over 6.95 million shares valued at $622.56 million. The investor’s holdings represent 15.6175 of the SIG Shares outstanding. As of 2024-06-30, the second largest holder is BLACKROCK INC. with 6.76 million shares valued at $605.73 million to account for 15.1952 of the shares outstanding. The other top investors are VANGUARD GROUP INC which holds 4.88 million shares representing 10.9738 and valued at over $437.45 million, while DIMENSIONAL FUND ADVISORS LP holds 5.3636 of the shares totaling 2.39 million with a market value of $213.81 million.
Signet Jewelers Ltd (SIG) Insider Activity
Still, SEC filings show that on May 08 ’25, Branch Andre (Director) disposed off 5,679 shares at an average price of $65.00 for $0.37 million. The insider now directly holds 6,536 shares of Signet Jewelers Ltd (SIG).
