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

Signet Jewelers (NYSE:SIG)‘s stock had its “market perform” rating reissued by stock analysts at Telsey Advisory Group in a research note issued on Wednesday,Benzinga reports. They currently have a $55.00 price target on the stock. Telsey Advisory Group’s target price indicates a potential upside of 13.69% from the company’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.

SIG has been the topic of several other reports. Wells Fargo & Company decreased their price objective on shares of Signet Jewelers from $110.00 to $95.00 and set an “overweight” rating on the stock in a report on Wednesday, January 15th. StockNews.com downgraded shares of Signet Jewelers from a “buy” rating to a “hold” rating in a report on Friday, December 6th. Finally, Bank of America decreased their price objective on shares of Signet Jewelers from $95.00 to $65.00 and set a “neutral” rating on the stock in a report on Wednesday, January 15th. Three investment analysts have rated the stock with a hold rating and three have assigned a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $93.20.

Signet Jewelers Stock Performance

Shares of NYSE SIG opened at $48.38 on Wednesday. The company’s fifty day moving average price is $55.61 and its 200 day moving average price is $78.81. Signet Jewelers has a 1 year low of $45.55 and a 1 year high of $112.06. The company has a market capitalization of $2.10 billion, a PE ratio of 5.57, a price-to-earnings-growth ratio of 3.43 and a beta of 2.20. 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 announced its quarterly earnings results on Wednesday, March 19th. The company reported $6.62 earnings per share (EPS) for the quarter, topping 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 firm had revenue of $2.35 billion for the quarter, compared to the consensus estimate of $2.33 billion. During the same period in the prior year, the firm posted $6.73 earnings per share. The firm’s quarterly revenue was down 5.8% compared to the same quarter last year. On average, research analysts predict that Signet Jewelers will post 8.73 earnings per share for the current year.

Insider Activity

In other news, Director Eugenia Ulasewicz sold 3,333 shares of the stock in a transaction dated Friday, February 21st. The shares were sold at an average price of $54.13, for a total value of $180,415.29. Following the completion of the sale, the director now directly owns 22,752 shares in the company, valued at $1,231,565.76. This represents a 12.78 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Company insiders own 3.26% of the company’s stock.

Hedge Funds Weigh In On Signet Jewelers

A number of institutional investors have recently bought and sold shares of the company. PKO Investment Management Joint Stock Co purchased a new position in Signet Jewelers during the fourth quarter worth about $565,000. Universal Beteiligungs und Servicegesellschaft mbH purchased a new position in Signet Jewelers during the fourth quarter worth about $297,000. Mackenzie Financial Corp raised its stake in Signet Jewelers by 4.9% during the fourth quarter. Mackenzie Financial Corp now owns 15,227 shares of the company’s stock worth $1,229,000 after purchasing an additional 706 shares during the period. MidWestOne Financial Group Inc. raised its stake in Signet Jewelers by 22.3% during the fourth quarter. MidWestOne Financial Group Inc. now owns 24,372 shares of the company’s stock worth $1,967,000 after purchasing an additional 4,436 shares during the period. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its stake in Signet Jewelers by 14.1% during the fourth quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 111,609 shares of the company’s stock worth $9,008,000 after purchasing an additional 13,769 shares during the period.

Signet Jewelers Company Profile

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.