Signet Jewelers (NYSE:SIG) updated its fourth quarter 2020
Pre-Market earnings guidance on Thursday. The company provided EPS guidance of 3.44-3.52 for the period, compared to the Thomson Reuters consensus EPS estimate of $3.11. The company issued revenue guidance of $2.12-2.12 billion, compared to the consensus revenue estimate of $2.07 billion.Signet Jewelers also updated its FY 2020
Pre-Market guidance to 3.61-3.69 EPS.
SIG has been the topic of several research reports. ValuEngine raised Signet Jewelers from a sell rating to a hold rating in a research report on Saturday, December 7th. Telsey Advisory Group upped their price target on shares of Signet Jewelers from $14.00 to $20.00 and gave the company an outperform rating in a research report on Friday, December 6th. Finally, Wells Fargo & Co cut shares of Signet Jewelers from an equal weight rating to an underweight rating and set a $12.00 price objective on the stock. in a research note on Thursday, January 2nd. Two investment analysts have rated the stock with a sell rating, five have issued a hold rating and one has given a buy rating to the stock. The stock has a consensus rating of Hold and a consensus target price of $16.00.
Shares of SIG stock traded up $9.00 during mid-day trading on Thursday, reaching $30.49. 14,265,888 shares of the company’s stock traded hands, compared to its average volume of 1,961,390. The company has a debt-to-equity ratio of 2.13, a quick ratio of 0.30 and a current ratio of 2.12. The firm has a market capitalization of $1.10 billion, a PE ratio of 8.20, a price-to-earnings-growth ratio of 1.00 and a beta of 1.09. Signet Jewelers has a 12 month low of $10.40 and a 12 month high of $34.31. The firm has a 50 day moving average price of $19.86 and a two-hundred day moving average price of $16.99.
About Signet Jewelers
Signet Jewelers Limited engages in the retail sale of diamond jewelry, watches, and other products. As of February 02, 2019, it operated 3,334 stores and kiosks. The company operates through three segments: North America, International, and Other. The North America segment operates stores in malls and off-mall locations primarily under the Kay Jewelers, Kay Jewelers Outlet, Jared The Galleria Of Jewelry, Jared Vault, Zales Jewelers, Zales Outlet, Piercing Pagoda, Peoples Jewellers, Gordon's Jewelers, and Mappins Jewellers regional banners; and JamesAllen.com, an online jewelry retailer Website.
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