Stock of Signet Jewelers Ltd (SIG) performance and profitability takes another direction

At the time of writing, Signet Jewelers Ltd [SIG] stock is trading at $50.00, up 1.30%. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The SIG shares have gain 0.54% over the last week, with a monthly amount drifted -12.17%, and not seem to be holding up well over a long-time horizon.

From an analyst’s perspective:

Signet Jewelers Ltd [NYSE: SIG] stock has seen the most recent analyst activity on January 15, 2025, when Telsey Advisory Group reiterated its Market Perform rating and also revised its price target to $65 from $87. Previously, Telsey Advisory Group reaffirmed its Market Perform rating on September 09, 2024, and dropped its price target to $87. On June 14, 2024, Citigroup reiterated its Buy rating but maintained its price target of $119 on the stock. Telsey Advisory Group reiterated its Market Perform rating and increased its price target to $110 on April 04, 2024. Telsey Advisory Group reiterated its recommendation of a Market Perform and reduced its price target to $100 on March 21, 2024. Telsey Advisory Group reiterated a Market Perform rating for this stock on March 15, 2024, and upped its price target to $105. In a note dated December 06, 2023, Citigroup upgraded an Buy rating on this stock and boosted its target price from $93 to $119.

For the past year, the stock price of Signet Jewelers Ltd fluctuated between $46.66 and $112.06. Currently, Wall Street analysts expect the stock to reach $116 within the next 12 months. Signet Jewelers Ltd [NYSE: SIG] shares were valued at $50.00 at the most recent close of the market. An investor can expect a potential return of 132.0% based on the average SIG price forecast.

Analyzing the SIG fundamentals

According to Signet Jewelers Ltd [NYSE:SIG], the company’s sales were 6.85B for trailing twelve months, which represents an -3.05% plunge. Gross Profit Margin for this corporation currently stands at 0.4% 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 0.1, Equity is 0.26 and Total Capital is 0.09. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.76.

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 48.56 points at the first support level, and at 47.11 for the second support level. However, for the 1st resistance point, the stock is sitting at 51.04, and for the 2nd resistance point, it is at 52.07.

Ratios To Look Out For

It is important to note that Signet Jewelers Ltd [NYSE:SIG] has a current ratio of 1.54. As well, the Quick Ratio is 0.23, while the Cash Ratio is 0.1. Considering the valuation of this stock, the price to sales ratio is 0.32, the price to book ratio is 1.21 and price to earnings (TTM) ratio is 5.75.

Transactions by insiders

Recent insider trading involved Ulasewicz Eugenia, Director, that happened on Feb 21 ’25 when 3333.0 shares were sold. Director, EUGENIA ULASEWICZ completed a deal on Feb 21 ’25 to buy 3333.0 shares. Meanwhile, Director VIRGINIA C DROSOS bought 40000.0 shares on Nov 13 ’24.

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