Signet Jewelers (NYSE:SIG) updated its FY18 earnings guidance on Tuesday. The company provided EPS guidance of $6.10-6.50 for the period, compared to the Thomson Reuters consensus EPS estimate of $7.05.
SIG has been the subject of a number of recent analyst reports. Cowen reaffirmed a market perform rating and issued a $67.00 price target (up from $61.00) on shares of Signet Jewelers in a research note on Tuesday, September 12th. Needham & Company LLC set a $69.00 price target on Signet Jewelers and gave the company a buy rating in a research note on Saturday, August 19th. Royal Bank Of Canada reiterated a buy rating and issued a $63.00 price objective on shares of Signet Jewelers in a research report on Thursday, August 17th. Telsey Advisory Group boosted their price objective on Signet Jewelers from $60.00 to $66.00 and gave the company a market perform rating in a research report on Friday, August 25th. Finally, Instinet reaffirmed a buy rating and set a $73.00 price target (up previously from $70.00) on shares of Signet Jewelers in a research report on Monday, August 28th. One research analyst has rated the stock with a sell rating, eleven have assigned a hold rating and six have issued a buy rating to the stock. The stock currently has a consensus rating of Hold and a consensus target price of $66.00.
Shares of Signet Jewelers (NYSE SIG) traded up $0.39 during mid-day trading on Thursday, hitting $51.31. The stock had a trading volume of 1,374,151 shares, compared to its average volume of 1,917,828. The company has a quick ratio of 0.76, a current ratio of 2.63 and a debt-to-equity ratio of 0.33. The firm has a market capitalization of $3,045.97, a price-to-earnings ratio of 7.71, a price-to-earnings-growth ratio of 1.01 and a beta of 0.94. Signet Jewelers has a 12-month low of $46.09 and a 12-month high of $99.19.
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About Signet Jewelers
Signet Jewelers Limited is a retailer of diamond jewelry. The Company’s segments include the Sterling Jewelers division; the Zale division, which consists of the Zale Jewelry and Piercing Pagoda segments; the UK Jewelry division, and Other. The Sterling Jewelers division’s stores operate in the United States principally as Kay Jewelers (Kay), Kay Jewelers Outlet, Jared The Galleria Of Jewelry (Jared) and Jared Vault.
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