Signet Jewelers Ltd. (SIG) Issues Quarterly Earnings Results
- Author: Zachary Reyes May 25, 2017,
May 25, 2017, 20:41
Ls Invest Advsr Ltd Limited Liability Company owns 1,203 shares. Today I'm going research the future of this stock in more detail. Price T Rowe Associates Inc sold 238,745 shares as Signet Jewelers Limited (SIG)'s stock declined 20.65%. By reviewing stock prices from the stock market history of the company and examining its analysts ratings can give an investment picture with updated information of stock which helps investors to make investing decision. Northcoast Research restated a "hold" rating on shares of Signet Jewelers in a report on Friday, January 20th. Royal Bank of Canada reiterated an outperform rating and set a $78.00 price target (down from $92.00) on shares of Signet Jewelers in a report on Friday, March 10th. Da Davidson And reported 0% in Signet Jewelers Ltd. (NYSE:SIG). Sell-side analysts have also provided a consensus recommendation of 2.30 on company shares. Goldman Sachs Group Inc. had 59 analyst reports since July 21, 2015 according to SRatingsIntel. maintained the stock with "Buy" rating in Monday, October 10 report. RBC Capital Markets maintained Signet Jewelers Ltd. (NYSE:SIG) rating on Friday, August 26. If you are viewing this report on another site, it was illegally stolen and republished in violation of USA & worldwide copyright laws. About shares traded. Loews Corporation (NYSE:L) has risen 15.12% since May 25, 2016 and is uptrending. The company has a market capitalization of $3.72 billion, a price-to-earnings ratio of 7.70 and a beta of 1.20. The firm has a 50-day moving average price of $64.14 and a 200-day moving average price of $76.86. For the week, the stock is performing 16.70%. Logan invested 0.07% in Signet Jewelers Ltd. (NYSE:SIG). My March 4 column recommended investors stay away from Signet despite its cheap valuation, and its stock has fallen another 18% since then. This represents an increase of 1,758% compared to the typical daily volume of 156 put options.
Analysts expect Signet Jewelers Ltd. (NYSE:SIG) to report $1.69 EPS on May, 25 before the open.They anticipate $0.26 EPS change or 13.33 % from last quarter's $1.95 EPS. The firm had revenue of $1.40 billion during the quarter, compared to the consensus estimate of $1.46 billion.
Signet Jewelers Limited (SIG) now has a Return on Assets (ROA) value of 8.2 Percent. Therefore, the stated figure displays a quarterly performance of -9.19% and year to date performance of -4.42%. During the same period in the previous year, the business posted $1.95 earnings per share.
Several institutional investors have recently modified their holdings of SIG. Teza Capital Management LLC purchased a new position in Signet Jewelers during the first quarter worth approximately $308,000. Ltd. now owns 119,824 shares of the company's stock worth $11,292,000 after buying an additional 112,658 shares during the last quarter. Mason Street Advisors LLC now owns 9,618 shares of the company's stock valued at $666,000 after buying an additional 100 shares in the last quarter. Finally, Zurcher Kantonalbank Zurich Cantonalbank increased its position in Signet Jewelers by 55.7% in the third quarter.
More notable recent Signet Jewelers Ltd. (NYSE:SIG) news were published by: Seekingalpha.com which released: "Signet Jewelers: "All That Glitters Is Not Gold" + Q1 2018 Earnings Preview" on May 23, 2017, also Prnewswire.com with their article: "SHAREHOLDER ALERT: Pomerantz Law Firm Reminds Shareholders with Losses on ..." published on May 12, 2017, Seekingalpha.com published: "Signet Jewelers Stock Is On Sale" on May 03, 2017. A recommendation of 1 or 2 would represent a consensus Buy. The Return on Investment (ROI) ratio of Signet Jewelers Limited (SIG) is 15.2 percent. On Wednesday, April 19 the stock rating was upgraded by Citigroup to "Neutral".
Alliance Data'sOhio-based card services business and Signet Jewelers signed an agreement. 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.