Signet Jewelers’ (SIG) Market Perform Rating Reiterated at Telsey Advisory Group

Signet Jewelers (NYSE:SIG)‘s stock had its “market perform” rating reaffirmed by Telsey Advisory Group in a research report issued to clients and investors on Wednesday,Benzinga reports. They currently have a $55.00 price target on the stock. Telsey Advisory Group’s target price would suggest a potential upside of 13.69% from the stock’s current price. 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 recently weighed in on the stock. Bank of America dropped their price objective on shares of Signet Jewelers from $95.00 to $65.00 and set a “neutral” rating for the company in a report on Wednesday, January 15th. Wells Fargo & Company dropped their price objective on shares of Signet Jewelers from $110.00 to $95.00 and set an “overweight” rating for the company in a report on Wednesday, January 15th. Finally, StockNews.com cut shares of Signet Jewelers from a “buy” rating to a “hold” rating in a report on Friday, December 6th. Three equities research analysts have rated the stock with a hold rating and three have issued a buy rating to the company’s stock. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of $93.20.

Signet Jewelers Price Performance

Signet Jewelers stock opened at $48.38 on Wednesday. The company’s 50 day simple moving average is $55.61 and its 200-day simple moving average is $78.81. The company has a market capitalization of $2.10 billion, a price-to-earnings ratio of 5.57, a price-to-earnings-growth ratio of 3.43 and a beta of 2.20. Signet Jewelers has a 1 year low of $45.55 and a 1 year high of $112.06. The company has a debt-to-equity ratio of 0.14, a quick ratio of 0.25 and a current ratio of 1.55.

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

Insiders Place Their Bets

In other Signet Jewelers news, Director Eugenia Ulasewicz sold 3,333 shares of the business’s 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 completion of the transaction, the director now owns 22,752 shares in the company, valued at $1,231,565.76. The trade was a 12.78 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this link. 3.26% of the stock is currently owned by company insiders.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently added to or reduced their stakes in the company. Janney Montgomery Scott LLC grew its holdings in Signet Jewelers by 3.2% during the 4th quarter. Janney Montgomery Scott LLC now owns 6,517 shares of the company’s stock worth $526,000 after acquiring an additional 205 shares in the last quarter. KBC Group NV boosted its holdings in shares of Signet Jewelers by 25.5% in the 3rd 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. Franklin Resources Inc. boosted its holdings in shares of Signet Jewelers by 0.9% in the 3rd quarter. Franklin Resources Inc. now owns 34,122 shares of the company’s stock valued at $3,330,000 after buying an additional 288 shares in the last quarter. Zurcher Kantonalbank Zurich Cantonalbank boosted its holdings in shares of Signet Jewelers by 3.2% in the 3rd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 10,498 shares of the company’s stock valued at $1,083,000 after buying an additional 330 shares in the last quarter. Finally, Xponance Inc. boosted its holdings in shares of Signet Jewelers by 12.2% in the 4th quarter. Xponance Inc. now owns 3,149 shares of the company’s stock valued at $254,000 after buying an additional 343 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.