Company Performance - Signet's stock closed at $56.57, reflecting a +0.68% change from the previous day, which is lower than the S&P 500's gain of 1.67% [1] - Over the past month, Signet's shares have decreased by 6.75%, underperforming the Retail-Wholesale sector's loss of 4.21% and the S&P 500's loss of 6.57% [1] Upcoming Earnings - The upcoming earnings release is anticipated, with an expected EPS of $1.01, indicating a 9.01% decline compared to the same quarter last year [2] - The Zacks Consensus Estimate for revenue is projected at $1.52 billion, which is a 0.34% increase from the previous year [2] Full-Year Estimates - For the full year, the Zacks Consensus Estimates predict earnings of $8.70 per share and revenue of $6.69 billion, representing year-over-year changes of -2.68% and -0.24%, respectively [3] - Recent changes in analyst estimates are crucial as they reflect near-term business trends, with positive revisions indicating optimism about the company's outlook [3] Valuation Metrics - Signet has a Forward P/E ratio of 6.46, significantly lower than the industry average of 17.14, suggesting that the company is trading at a discount [6] - The PEG ratio for Signet is 0.44, compared to the Retail - Jewelry industry's average PEG ratio of 2.49, indicating favorable valuation relative to growth expectations [6] Industry Ranking - The Retail - Jewelry industry is part of the Retail-Wholesale sector and currently holds a Zacks Industry Rank of 22, placing it in the top 9% of over 250 industries [7] - The Zacks Industry Rank is based on the average Zacks Rank of individual stocks within the industry, with top-rated industries outperforming the bottom half by a factor of 2 to 1 [7]
Signet (SIG) Ascends But Remains Behind Market: Some Facts to Note