Signet Jewelers (NYSE:SIG) Earns Market Perform Rating from Telsey Advisory Group

Signet Jewelers (NYSE:SIG)‘s stock had its “market perform” rating restated by investment analysts at Telsey Advisory Group in a research note issued on Wednesday, MarketBeat Ratings reports. They presently have a $55.00 price target on the stock. Telsey Advisory Group’s target price would suggest a potential downside of 2.33% from the stock’s previous close. Telsey Advisory Group also issued estimates for Signet Jewelers’ Q1 2026 earnings at $1.08 EPS and Q4 2026 earnings at $6.27 EPS.

A number of other research analysts have also commented on the stock. Bank of America decreased their price target on shares of Signet Jewelers from $95.00 to $65.00 and set a “neutral” rating on the stock in a research note on Wednesday, January 15th. Wells Fargo & Company decreased their target price on shares of Signet Jewelers from $110.00 to $95.00 and set an “overweight” rating on the stock in a research report on Wednesday, January 15th. Finally, StockNews.com lowered shares of Signet Jewelers from a “buy” rating to a “hold” rating in a research report on Friday, December 6th. Three analysts have rated the stock with a hold rating and three have assigned a buy rating to the stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of $81.60.

Signet Jewelers Stock Down 0.6 %

Signet Jewelers stock opened at $56.31 on Wednesday. The firm has a market capitalization of $2.45 billion, a PE ratio of 6.48, a P/E/G ratio of 3.43 and a beta of 2.20. The company’s 50-day moving average is $54.89 and its 200-day moving average is $78.50. Signet Jewelers has a fifty-two week low of $45.55 and a fifty-two week high of $112.06. The company has a debt-to-equity ratio of 0.14, a current ratio of 1.55 and a quick ratio of 0.25.

Signet Jewelers (NYSE:SIG) last announced its quarterly earnings results on Wednesday, March 19th. The company reported $6.62 EPS for the quarter, beating analysts’ consensus estimates of $6.39 by $0.23. Signet Jewelers had a net margin of 8.57% and a return on equity of 28.69%. The business had revenue of $2.35 billion for the quarter, compared to analyst estimates of $2.33 billion. During the same quarter in the prior year, the business earned $6.73 EPS. Signet Jewelers’s quarterly revenue was down 5.8% on a year-over-year basis. Sell-side analysts anticipate that Signet Jewelers will post 8.73 earnings per share for the current year.

Insider Buying and Selling

In related news, Director Eugenia Ulasewicz sold 3,333 shares of the stock in a transaction that occurred on Friday, February 21st. The shares were sold at an average price of $54.13, for a total transaction of $180,415.29. Following the sale, the director now owns 22,752 shares in the company, valued at approximately $1,231,565.76. This trade represents a 12.78 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. 3.26% of the stock is currently owned by company insiders.

Institutional Trading of Signet Jewelers

Several large investors have recently made changes to their positions in the company. Smartleaf Asset Management LLC boosted its position in Signet Jewelers by 149.3% in the fourth quarter. Smartleaf Asset Management LLC now owns 703 shares of the company’s stock valued at $57,000 after buying an additional 421 shares in the last quarter. Erste Asset Management GmbH acquired a new stake in Signet Jewelers in the third quarter valued at approximately $77,000. Sterling Capital Management LLC boosted its position in Signet Jewelers by 832.9% in the fourth quarter. Sterling Capital Management LLC now owns 1,362 shares of the company’s stock valued at $110,000 after buying an additional 1,216 shares in the last quarter. CIBC Private Wealth Group LLC boosted its position in Signet Jewelers by 32.9% in the fourth quarter. CIBC Private Wealth Group LLC now owns 1,656 shares of the company’s stock valued at $123,000 after buying an additional 410 shares in the last quarter. Finally, KBC Group NV boosted its position in Signet Jewelers by 25.5% in the third quarter. KBC Group NV now owns 1,293 shares of the company’s stock valued at $133,000 after buying an additional 263 shares in the last quarter.

About Signet Jewelers

Signet Jewelers Limited operates as a diamond jewelry retailer. It operates through three segments: North America, International, and Other. The North America segment operates jewelry stores in jewelry stores in malls, mall-based kiosks, and off-mall locations in the United States and Canada primarily under the Kay Jewelers, Kay Jewelers Outlet, Jared The Galleria Of Jewelry, Jared Vault, Zales Outlet, Zales Jewelers, Diamonds Direct, James Allen, Banter by Piercing Pagoda, and Peoples Jewellers names, as well as operates online through its digital banners, James Allen and Blue Nile.