The stock of Signet Jewelers Ltd (SIG) has seen a -7.72% decrease in the past week, with a -18.87% drop in the past month, and a -25.30% decrease in the past quarter. The volatility ratio for the week is 3.76%, and the volatility levels for the past 30 days are at 3.37% for SIG. The simple moving average for the past 20 days is -7.84% for SIG’s stock, with a -18.91% simple moving average for the past 200 days.
Is It Worth Investing in Signet Jewelers Ltd (NYSE: SIG) Right Now?
Signet Jewelers Ltd (NYSE: SIG) has a higher price-to-earnings ratio of 8.57x compared to its average ratio, The 36-month beta value for SIG is at 2.15. Analysts have varying views on the stock, with 3 analysts rating it as a “buy,” 0 rating it as “overweight,” 3 as “hold,” and 0 as “sell.”
The public float for SIG is 41.74M, and currently, shorts hold a 11.72% of that float. The average trading volume for SIG on January 10, 2025 was 1.01M shares.
SIG) stock’s latest price update
The stock of Signet Jewelers Ltd (NYSE: SIG) has decreased by -3.36 when compared to last closing price of 77.07. Despite this, the company has experienced a -7.72% fall in its stock price over the last five trading sessions. fool.com reported 2025-01-07 that Signet Jewelers (SIG -1.19%) stock wasn’t exactly a jewel of an investment as 2024 bowed out. The specialty retailer’s share price eroded by almost 20% in December, which, as it covers the holiday period, often proves to be a boon for the sector.
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 $87 based on the research report published on September 09, 2024 of the previous year 2024.
Citigroup, on the other hand, stated in their research note that they expect to see SIG reach a price target of $119. The rating they have provided for SIG stocks is “Buy” according to the report published on June 14th, 2024.
Telsey Advisory Group gave a rating of “Market Perform” to SIG, setting the target price at $110 in the report published on April 04th of the previous year.
SIG Trading at -17.26% 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 unable to rebound, for now settling with -33.54% of loss for the given period.
Volatility was left at 3.37%, however, over the last 30 days, the volatility rate increased by 3.76%, as shares sank -13.87% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -18.92% lower at present.
During the last 5 trading sessions, SIG fell by -7.72%, which changed the moving average for the period of 200-days by -18.25% in comparison to the 20-day moving average, which settled at $80.82. In addition, Signet Jewelers Ltd saw -7.72% in overturn over a single year, with a tendency to cut further losses.
Insider Trading
Reports are indicating that there were more than several insider trading activities at SIG starting from VIRGINIA C DROSOS, who proposed sale 40,000 shares at the price of $98.59 back on Nov 13 ’24. After this action, VIRGINIA C DROSOS now owns shares of Signet Jewelers Ltd, valued at $3,943,600 using the latest closing price.
Edelman Oded, the of Signet Jewelers Ltd, sale 1,695 shares at $95.02 during a trade that took place back on Mar 26 ’24, which means that Edelman Oded is holding 16,971 shares at $161,059 based on the most recent closing price.
Stock Fundamentals for SIG
Current profitability levels for the company are sitting at:
- 0.06 for the present operating margin
- 0.4 for the gross margin
The net margin for Signet Jewelers Ltd stands at 0.09. The total capital return value is set at 0.09. Equity return is now at value 29.15, with 9.99 for asset returns.
Based on Signet Jewelers Ltd (SIG), the company’s capital structure generated 0.43 points at debt to capital in total, while cash flow to debt ratio is standing at 0.41.
Currently, EBITDA for the company is 801.7 million with net debt to EBITDA at 1.7. When we switch over and look at the enterprise to sales, we see a ratio of 0.65. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.54.
Conclusion
In conclusion, Signet Jewelers Ltd (SIG) has had a bad performance lately. Opinion on the stock among analysts is mixed, with some giving it a “buy” rating and others a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
