Signet Jewelers Limited (NYSE:SIG) went up by 9.22% from its latest closing price compared to the recent 1-year high of $40.05. The company’s stock price has collected 44.43% of gains in the last five trading sessions. Barron’s reported 12 hours ago that Signet Jewelers Reports Holiday Sales This Week. The Stock Is Gaining.
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Is It Worth Investing in Signet Jewelers Limited (NYSE :SIG) Right Now?
Plus, the 36-month beta value for SIG is at 2.75. Opinions of the stock are interesting as 1 analysts out of 5 who provided ratings for Signet Jewelers Limited declared the stock was a “buy,” while 0 rated the stock as “overweight,” 2 rated it as “hold,” and 1 as “sell.”
The average price from analysts is $34.80, which is -$17.78 below the current price. SIG currently public float of 50.84M and currently shorts hold a 20.61% ratio of that float. Today, the average trading volume of SIG was 1.31M shares.
SIG’s Market Performance
SIG stocks went up by 44.43% for the week, with a monthly jump of 57.11% and a quarterly performance of 103.33%, while its annual performance rate touched 111.89%. The volatility ratio for the week stands at 11.01% while the volatility levels for the past 30 days are set at 7.15% for Signet Jewelers Limited. The simple moving average for the period of the last 20 days is 47.80% for SIG stocks with a simple moving average of 150.73% for the last 200 days.
Analysts’ Opinion of SIG
Many brokerage firms have already submitted their reports for SIG stocks, with Citigroup repeating the rating for SIG by listing it as a “Neutral.” The predicted price for SIG in the upcoming period, according to Citigroup is $40 based on the research report published on January 12th of the current year 2021.
Telsey Advisory Group, on the other hand, stated in their research note that they expect to see SIG reach a price target of $40, previously predicting the price at $33. The rating they have provided for SIG stocks is “Market Perform” according to the report published on January 11th, 2021.
Northcoast gave a rating of “Buy” to SIG, setting the target price at $44 in the report published on January 08th of the current year.
SIG Trading at 53.73% from the 50-Day Moving Average
After a stumble in the market that brought SIG to its low price for the period of the last 52 weeks, the company was able to rebound, for now settling with 6.82% of gains for the given period.
Volatility was left at 7.15%, however, over the last 30 days, the volatility rate increased by 11.01%, as shares surge +62.11% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +76.85% upper at present.
During the last 5 trading sessions, SIG rose by +44.43%, which changed the moving average for the period of 200-days by +441.52% in comparison to the 20-day moving average, which settled at $29.76. In addition, Signet Jewelers Limited saw 56.88% in overturn over a single year, with a tendency to cut further gains.
Insider Trading
Reports are indicating that there were more than several insider trading activities at SIG starting from Stitzer H. Todd, who purchase 12,235 shares at the price of $8.08 back on Mar 27. After this action, Stitzer H. Todd now owns 49,870 shares of Signet Jewelers Limited, valued at $98,908 using the latest closing price.
Hilson Joan M, the Chief Financial Officer of Signet Jewelers Limited, purchase 7,500 shares at $8.57 during a trade that took place back on Mar 27, which means that Hilson Joan M is holding 39,543 shares at $64,275 based on the most recent closing price.
Stock Fundamentals for SIG
Current profitability levels for the company are sitting at:
- +5.08 for the present operating margin
- +36.34 for the gross margin
The net margin for Signet Jewelers Limited stands at +1.72. The total capital return value is set at 9.21, while invested capital returns managed to touch 3.37. Equity return is now at value -11.40, with -1.80 for asset returns.
Based on Signet Jewelers Limited (SIG), the company’s capital structure generated 129.78 points at debt to equity in total, while total debt to capital is 56.48. Total debt to assets is 37.90, with long-term debt to equity ratio resting at 159.79. Finally, the long-term debt to capital ratio is 46.22.
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When we switch over and look at the enterprise to sales, we see a ratio of 0.63, with the company’s debt to enterprise value settled at 0.61. The receivables turnover for the company is 88.62 and the total asset turnover is 1.15. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.89.
