Currently, Signet Jewelers Ltd [SIG] is trading at $103.14, up 2.15%. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The SIG shares have gain 5.32% over the last week, with a monthly amount glided 22.20%, and seem to be holding up well over a long-time horizon.
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
From an analyst’s perspective:
Signet Jewelers Ltd [NYSE: SIG] stock has seen the most recent analyst activity on September 09, 2024, when Telsey Advisory Group reiterated its Market Perform rating and also revised its price target to $87 from $105. Previously, Citigroup reaffirmed its Buy rating on June 14, 2024, and kept the price target unchanged to $119. On April 04, 2024, Telsey Advisory Group reiterated its Market Perform rating and revised its price target to $110 on the stock. Telsey Advisory Group reiterated its Market Perform rating and decreased its price target to $100 on March 21, 2024. Telsey Advisory Group reiterated its recommendation of a Market Perform and raised its price target to $105 on March 15, 2024. Citigroup upgraded its rating to Buy for this stock on December 06, 2023, and upped its price target to $119. In a note dated December 06, 2023, Telsey Advisory Group reiterated an Market Perform rating on this stock and boosted its target price from $82 to $90.
This stock has fluctuated between a low of $65.12 and a high of $112.06 over the last 52 weeks. Currently, Wall Street analysts expect the stock to reach $113.8 within the next 12 months. Signet Jewelers Ltd [NYSE: SIG] shares were valued at $103.14 at the most recent close of the market. An investor can expect a potential return of 10.34% based on the average SIG price forecast.
Analyzing the SIG fundamentals
Trailing Twelve Months sales for Signet Jewelers Ltd [NYSE:SIG] were 6.89B which represents -7.60% decline. Gross Profit Margin for this corporation currently stands at 0.39% with Operating Profit Margin at 0.06%, Pretax Profit Margin comes in at 0.06%, and Net Profit Margin reading is 0.09%. To continue investigating profitability, this company’s Return on Assets is posted at 0.11, Equity is 0.25 and Total Capital is 0.09. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.49.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 101.37 points at the first support level, and at 99.61 for the second support level. However, for the 1st resistance point, the stock is sitting at 104.19, and for the 2nd resistance point, it is at 105.25.
Ratios To Look Out For
To put it in perspective, the Current Ratio for Signet Jewelers Ltd [NYSE:SIG] is 1.67. Also, the Quick Ratio is 0.37, while the Cash Ratio stands at 0.26. Considering the valuation of this stock, the price to sales ratio is 0.66, the price to book ratio is 2.38 and price to earnings (TTM) ratio is 11.95.
Transactions by insiders
Recent insider trading involved Drosos Virginia, Chief Executive Officer, that happened on Sep 27 ’24 when 46525.0 shares were sold. Chief Executive Officer, Drosos Virginia completed a deal on Sep 26 ’24 to sell 3475.0 shares. Meanwhile, Chief Digital Officer Wooters Rebecca sold 22151.0 shares on Sep 24 ’24.
