Company Performance - Signet's stock closed at $75.61, reflecting a -0.77% change from the previous trading day's closing, underperforming the S&P 500's gain of 1.04% [1] - Over the past month, Signet's shares have decreased by 12.36%, which is worse than the Retail-Wholesale sector's loss of 8.36% and the S&P 500's loss of 6.74% [1] Upcoming Earnings - The upcoming earnings per share (EPS) for Signet is projected at $1.13, indicating a 27.1% decline compared to the same quarter last year [2] - The Zacks Consensus Estimate for revenue is expected to be $1.49 billion, down 7.66% from the previous year [2] Annual Estimates - For the annual period, the Zacks Consensus Estimates predict earnings of $10.60 per share and revenue of $6.8 billion, representing changes of +2.22% and -5.23% respectively from last year [3] Analyst Estimates - Recent changes to analyst estimates for Signet are important as they reflect the evolving nature of near-term business trends [4] - Upward revisions in estimates indicate analysts' positive outlook on the company's operations and profit generation capabilities [4] Zacks Rank - The Zacks Rank system, which ranges from 1 (Strong Buy) to 5 (Strong Sell), currently places Signet at 3 (Hold) [6] - Over the past month, the Zacks Consensus EPS estimate for Signet has remained unchanged [6] Valuation Metrics - Signet is currently trading with a Forward P/E ratio of 7.19, which is below the industry average Forward P/E of 18.92 [7] - The company has a PEG ratio of 0.82, compared to the Retail - Jewelry industry's average PEG ratio of 1.14 [7] Industry Context - The Retail - Jewelry industry, part of the Retail-Wholesale sector, has a Zacks Industry Rank of 212, placing it in the bottom 17% of all industries [8] - The Zacks Industry Rank measures the strength of industry groups based on the average Zacks Rank of individual stocks [8]

Signet Jewelers Limited (SIG) has effectively navigated a challenging market landscape by implementing strategic cost-saving measures, enhancing digital platforms, optimizing fleet performance and introducing innovative product offerings. Despite downturns in certain segments, particularly in North America and international markets, Signet's proactive measures and strategic partnerships, such as the De Beers partnership, position the company for continued success. The Zacks Consensus Estimate for current-ye ...

Our research suggests that these changes in estimates have a direct relationship with upcoming stock price performance. We developed the Zacks Rank to capitalize on this phenomenon. Our system takes these estimate changes into account and delivers a clear, actionable rating model. From a valuation perspective, Signet is currently exchanging hands at a Forward P/E ratio of 7.8. This signifies a discount in comparison to the average Forward P/E of 20.13 for its industry. The jewelry company's stock has droppe ...

Group 1: Company Performance - Signet (SIG) closed at $85.27, with a daily increase of +1.16%, outperforming the S&P 500's gain of 1.08% [1] - The company is expected to report earnings of $10.60 per share and revenue of $6.8 billion for the full year, reflecting year-over-year changes of +2.22% and -5.23% respectively [2] - For the upcoming financial results, an EPS of $1.13 is anticipated, indicating a 27.1% decline compared to the same quarter last year, with revenue expected to be $1.49 billion, down 7.66% year-over-year [5] Group 2: Valuation Metrics - Signet is currently trading at a Forward P/E ratio of 7.95, which is significantly lower than the industry average Forward P/E of 19.99, indicating a valuation discount [3] - The company has a PEG ratio of 0.91, compared to the industry average PEG ratio of 1.17, suggesting that the stock may be undervalued relative to its expected earnings growth [10] Group 3: Industry Context - The Retail - Jewelry industry, to which Signet belongs, has a Zacks Industry Rank of 186, placing it in the bottom 27% of over 250 industries [7] - Over the past month, Signet's shares have decreased by 5.98%, underperforming the Retail-Wholesale sector's loss of 0.31% and the S&P 500's gain of 0.43% [8] Group 4: Analyst Sentiment - Recent changes to analyst estimates for Signet indicate a shifting business landscape, with positive revisions reflecting optimism about the company's profitability [9] - The Zacks Rank system currently rates Signet at 3 (Hold), with the consensus EPS estimate remaining unchanged over the last 30 days [12]

Coming into today, shares of the jewelry company had gained 1.04% in the past month. In that same time, the Retail-Wholesale sector gained 1.3%, while the S&P 500 gained 3.78%. For the entire fiscal year, the Zacks Consensus Estimates are projecting earnings of $10.60 per share and a revenue of $6.8 billion, representing changes of +2.22% and -5.23%, respectively, from the prior year. Research indicates that these estimate revisions are directly correlated with near-term share price momentum. To exploit thi ...

The company faces challenges stemming from weakened consumer demand and heightened competitive pressures, particularly in the higher-priced market segments crucial for sustaining revenue growth and profitability. This scenario is not unique to Signet, as competitors like Brilliant Earth Group, Inc. (BRLT) and Chow Tai Fook Jewellery Group Limited (CJEWY) are also navigating similar market dynamics. Why is Signet's Shine Fading? Signet's ongoing digital transformation initiatives are yet to fully offset thes ...

Signet Jewelers' Same-Store Sales Decline: Impact on Stock Signet Jewelers 52-Week Range $59.80 $112.06 P/E Ratio 7.42 Add to Watchlist Another potential reason for the fall in the stock price is that in the quarterly conference call, Chief Financial Officer Joan Hilson stated that the firm is sensing there will be more pressure on margins this year than previously thought. This is due to promotional pricing within the industry, which could force Signet to do the same to keep prices competitive. Positive EP ...

As a result, revenue fell 9.4% year over year to $1.51 billion, matching analyst estimates and the company's own guidance. However, profits fell sharply along with the decline in revenue as adjusted operating income slipped from $106.5 million to $57.8 million. The company reported adjusted earnings per share of $1.11, down from $1.78 in the quarter a year ago. Coming into its first-quarter earnings report, Signet Jewelers (SIG -5.50%) appeared to be executing its business plan effectively. The world's larg ...

This Zacks Rank #4 (Sell) player's shares have lost 7.8% in the past three months compared with the industry's 7.3% decline. This jewelry retailer generated total sales of $1,510.8 million, surpassing the consensus estimate of $1,505 million. However, the top line fell 9.4% year over year. The metric declined 9.6% at constant currency. The adjusted merchandise margin increased 100 basis points, driven by growth in services and the introduction of new products, including the expansion of lab-grown diamonds i ...

Signet Jewelers Limited (NYSE:SIG) Q1 2025 Earnings Conference Call June 13, 2024 8:30 AM ET Company Participants Rob Ballew - Senior Vice President, Investor Relations Gina Drosos - Chief Executive Officer Joan Hilson - Chief Financial, Strategy and Services Officer Conference Call Participants Paul Lejuez - Citigroup Ike Boruchow - Wells Fargo Mauricio Serna - UBS Jim Sanderson - Northcoast Research Dana Telsey - Telsey Group Operator Good morning, and welcome to Signet Jewelers First Quarter Fiscal 2025 ...