In the latest trading session, Signet (SIG) closed at $100.16, marking a -3.2% move from the previous day. This change lagged the S&P 500's 0.54% gain on the day. Meanwhile, the Dow experienced a rise of 0.61%, and the technology-dominated Nasdaq saw an increase of 0.65%.
The jewelry company's shares have seen an increase of 4.72% over the last month, surpassing the Retail-Wholesale sector's loss of 1.32% and the S&P 500's loss of 0.8%.
Analysts and investors alike will be keeping a close eye on the performance of Signet in its upcoming earnings disclosure. The company's earnings report is set to go public on December 2, 2025. The company's upcoming EPS is projected at $0.16, signifying a 33.33% drop compared to the same quarter of the previous year. At the same time, our most recent consensus estimate is projecting a revenue of $1.37 billion, reflecting a 1.45% rise from the equivalent quarter last year.
For the entire fiscal year, the Zacks Consensus Estimates are projecting earnings of $8.99 per share and a revenue of $6.8 billion, representing changes of +0.56% and +1.48%, respectively, from the prior year.
Investors might also notice recent changes to analyst estimates for Signet. Such recent modifications usually signify the changing landscape of near-term business trends. With this in mind, we can consider positive estimate revisions a sign of optimism about the business outlook.
Our research reveals that these estimate alterations are directly linked with the stock price performance in the near future. To utilize this, we have created the Zacks Rank, a proprietary model that integrates these estimate changes and provides a functional rating system.
The Zacks Rank system ranges from #1 (Strong Buy) to #5 (Strong Sell). It has a remarkable, outside-audited track record of success, with #1 stocks delivering an average annual return of +25% since 1988. Over the past month, the Zacks Consensus EPS estimate has remained steady. Signet is currently a Zacks Rank #3 (Hold).
Investors should also note Signet's current valuation metrics, including its Forward P/E ratio of 11.51. This represents a discount compared to its industry average Forward P/E of 27.71.
We can additionally observe that SIG currently boasts a PEG ratio of 1.2. This metric is used similarly to the famous P/E ratio, but the PEG ratio also takes into account the stock's expected earnings growth rate. The Retail - Jewelry industry currently had an average PEG ratio of 2.42 as of yesterday's close.
The Retail - Jewelry industry is part of the Retail-Wholesale sector. At present, this industry carries a Zacks Industry Rank of 56, placing it within the top 23% of over 250 industries.
The Zacks Industry Rank gauges the strength of our individual industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Don't forget to use Zacks.com to keep track of all these stock-moving metrics, and others, in the upcoming trading sessions.
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Signet Jewelers Limited (SIG): Free Stock Analysis ReportThis article originally published on Zacks Investment Research (zacks.com).
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