Signet Jewelers (NYSE:SIG) Issues FY26 Earnings Guidance

Signet Jewelers (NYSE:SIG) updated its FY26 earnings guidance on Wednesday. The company provided EPS guidance of $7.31-9.10 for the period, compared to the consensus EPS estimate of $9.00. The company issued revenue guidance of $6.53-6.80 billion, compared to the consensus revenue estimate of $6.74 billion.

Analysts Set New Price Targets

Several equities analysts recently issued reports on the company. Bank of America decreased their price target on Signet Jewelers from $95.00 to $65.00 and set a “neutral” rating on the stock in a report on Wednesday, January 15th. StockNews.com cut Signet Jewelers from a “buy” rating to a “hold” rating in a report on Friday, December 6th. Telsey Advisory Group decreased their price target on Signet Jewelers from $65.00 to $55.00 and set a “market perform” rating on the stock in a report on Thursday, March 13th. Finally, Wells Fargo & Company decreased their price target on Signet Jewelers from $110.00 to $95.00 and set an “overweight” rating on the stock in a report on Wednesday, January 15th. Three analysts have rated the stock with a hold rating and three have assigned a buy rating to the stock. According to MarketBeat.com, Signet Jewelers presently has an average rating of “Moderate Buy” and a consensus price target of $93.20.

Signet Jewelers Trading Up 0.1 %

NYSE SIG opened at $48.38 on Wednesday. The firm has a market cap of $2.10 billion, a P/E ratio of 5.57, a P/E/G ratio of 3.43 and a beta of 2.20. The company has a debt-to-equity ratio of 0.14, a current ratio of 1.55 and a quick ratio of 0.25. The stock’s 50-day moving average is $55.61 and its 200-day moving average is $78.81. Signet Jewelers has a one year low of $45.55 and a one year high of $112.06.

Signet Jewelers (NYSE:SIG) last released its quarterly earnings results on Wednesday, March 19th. The company reported $6.62 EPS for the quarter, topping analysts’ consensus estimates of $6.39 by $0.23. The company had revenue of $2.35 billion for the quarter, compared to analyst estimates of $2.33 billion. Signet Jewelers had a return on equity of 28.69% and a net margin of 8.57%. Signet Jewelers’s revenue was down 5.8% compared to the same quarter last year. During the same quarter last year, the firm posted $6.73 earnings per share. Sell-side analysts anticipate that Signet Jewelers will post 8.73 earnings per share for the current fiscal year.

Insider Transactions at Signet Jewelers

In related news, Director Eugenia Ulasewicz sold 3,333 shares of Signet Jewelers stock in a transaction that occurred on Friday, February 21st. The stock was sold at an average price of $54.13, for a total value of $180,415.29. Following the sale, the director now owns 22,752 shares of the company’s stock, valued at approximately $1,231,565.76. This trade represents a 12.78 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. 3.26% of the stock is currently owned by insiders.

Signet Jewelers Company Profile

Signet Jewelers Limited operates as a diamond jewelry retailer. It operates through three segments: North America, International, and Other. The North America segment operates jewelry stores in jewelry stores in malls, mall-based kiosks, and off-mall locations in the United States and Canada primarily under the Kay Jewelers, Kay Jewelers Outlet, Jared The Galleria Of Jewelry, Jared Vault, Zales Outlet, Zales Jewelers, Diamonds Direct, James Allen, Banter by Piercing Pagoda, and Peoples Jewellers names, as well as operates online through its digital banners, James Allen and Blue Nile.