Signet Jewelers Limited (NYSE:SIG) went up by 15.71% from its latest closing price compared to the recent 1-year high of $68.36. The company’s stock price has collected -1.71% of loss in the last five trading sessions. Press Release reported 3 hours ago that Signet Jewelers’ First Quarter Results Exceed Expectations
Is It Worth Investing in Signet Jewelers Limited (NYSE :SIG) Right Now?
Plus, the 36-month beta value for SIG is at 2.61. 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 $62.00, which is -$8.63 below the current price. SIG currently public float of 51.35M and currently shorts hold a 8.69% ratio of that float. Today, the average trading volume of SIG was 784.46K shares.
SIG’s Market Performance
SIG stocks went down by -1.71% for the week, with a monthly drop of -2.62% and a quarterly performance of 6.17%, while its annual performance rate touched 331.07%. The volatility ratio for the week stands at 5.76% while the volatility levels for the past 30 days are set at 5.64% for Signet Jewelers Limited. The simple moving average for the period of the last 20 days is 17.02% for SIG stocks with a simple moving average of 78.38% for the last 200 days.
Analysts’ Opinion of SIG
Many brokerage firms have already submitted their reports for SIG stocks, with Telsey Advisory Group repeating the rating for SIG by listing it as a “Market Perform.” The predicted price for SIG in the upcoming period, according to Telsey Advisory Group is $70 based on the research report published on April 13th 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 $60, previously predicting the price at $45. The rating they have provided for SIG stocks is “Market Perform” according to the report published on March 15th, 2021.
Telsey Advisory Group gave a rating of “Market Perform” to SIG, setting the target price at $45 in the report published on January 15th of the current year.
SIG Trading at 15.66% 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 3.32% of gains for the given period.
Volatility was left at 5.64%, however, over the last 30 days, the volatility rate increased by 5.76%, as shares surge +23.81% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +23.15% upper at present.
During the last 5 trading sessions, SIG rose by +18.91%, which changed the moving average for the period of 200-days by +362.69% in comparison to the 20-day moving average, which settled at $61.05. In addition, Signet Jewelers Limited saw 123.84% in overturn over a single year, with a tendency to cut further gains.
Stock Fundamentals for SIG
Current profitability levels for the company are sitting at:
- +2.67 for the present operating margin
- +33.04 for the gross margin
The net margin for Signet Jewelers Limited stands at -0.29. The total capital return value is set at 3.61, while invested capital returns managed to touch -0.44. Equity return is now at value -4.90, with -0.70 for asset returns.
Based on Signet Jewelers Limited (SIG), the company’s capital structure generated 91.20 points at debt to equity in total, while total debt to capital is 47.70. Total debt to assets is 27.05, with long-term debt to equity ratio resting at 108.71. Finally, the long-term debt to capital ratio is 36.93.
When we switch over and look at the enterprise to sales, we see a ratio of 0.62, with the company’s debt to enterprise value settled at 0.51. The receivables turnover for the company is 57.72 and the total asset turnover is 0.84. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.78.