Core Viewpoint - Signet (SIG) has shown a positive stock performance recently, with a return of +9.3% over the past month, contrasting with the S&P 500's -0.5% and the Zacks Retail - Jewelry industry's -2.4% [1] Earnings Estimate Revisions - The current quarter's earnings estimate for Signet is $1.01 per share, reflecting a -9% change year-over-year, with the consensus estimate remaining unchanged over the last 30 days [4] - For the current fiscal year, the consensus earnings estimate is $8.70, indicating a -2.7% change from the previous year, also unchanged over the last 30 days [4] - The next fiscal year's consensus earnings estimate is $10.26, showing a +17.9% change from the prior year, with no change in the estimate over the past month [5] Revenue Growth Projections - The consensus sales estimate for the current quarter is $1.52 billion, indicating a year-over-year change of +0.3% [10] - For the current fiscal year, the sales estimate is $6.69 billion, reflecting a -0.2% change, while the next fiscal year's estimate is $6.78 billion, indicating a +1.4% change [10] Last Reported Results and Surprise History - In the last reported quarter, Signet's revenues were $2.35 billion, a -5.8% change year-over-year, with an EPS of $6.62 compared to $6.73 a year ago [11] - The reported revenues exceeded the Zacks Consensus Estimate of $2.33 billion by +0.97%, and the EPS surprise was +3.6% [11] - Over the last four quarters, Signet surpassed consensus EPS estimates three times and topped consensus revenue estimates three times [12] Valuation - Signet is graded A in the Zacks Value Style Score, indicating it is trading at a discount to its peers [16] - The evaluation of valuation multiples such as price-to-earnings (P/E), price-to-sales (P/S), and price-to-cash flow (P/CF) is essential for determining the stock's fair value [14][15] Bottom Line - The Zacks Rank 3 suggests that Signet may perform in line with the broader market in the near term [17]
Investors Heavily Search Signet Jewelers Limited (SIG): Here is What You Need to Know