Is Signet Jewelers Stock a Good Investment?
Signet Jewelers Investment Advice | SIG |
- Examine Signet Jewelers' financial health by looking at its balance sheet, income statement, and cash flow statement. Analyze key financial ratios, such as Price-to-Earnings (P/E), Price-to-Sales (P/S), and Price-to-Book (P/B), to determine whether the stock is fairly valued or over/undervalued.
- Research Signet Jewelers' leadership team and their track record. Good management can help Signet Jewelers navigate difficult times and make strategic decisions that benefit shareholders and increases its net worth.
- Consider the overall health of the Other Specialty Retail space and any emerging trends that could impact Signet Jewelers' business and its evolving consumer preferences.
- Compare Signet Jewelers' performance and market position to its competitors. Analyze how Signet Jewelers is positioned in terms of product offerings, innovation, and market share.
- Check if Signet Jewelers pays a dividend and its dividend yield and payout ratio.
- Review what financial analysts are saying about Signet Jewelers' stock and their price targets. However, remember that analysts' opinions can vary, and their predictions may not always be accurate.
It's important to note that investing in Signet Jewelers stock, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember that it's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. Below is a detailed guide on how to decide if Signet Jewelers is a good investment.
Sell | Buy |
Strong Hold
Market Performance | Good | Details | |
Volatility | Very steady | Details | |
Hype Condition | Low key | Details | |
Current Valuation | Overvalued | Details | |
Odds Of Distress | Low | Details | |
Economic Sensitivity | Actively responds to the market | Details | |
Investor Sentiment | Alarmed | Details | |
Analyst Consensus | Buy | Details | |
Financial Strenth (F Score) | Healthy | Details | |
Financial Leverage | Not Rated | Details | |
Reporting Quality (M-Score) | Unlikely Manipulator | Details |
Examine Signet Jewelers Stock
Researching Signet Jewelers' stock involves analyzing various aspects of the company and its industry to make an informed investment decision. The key areas to focus on are fundamentals, business model and competitive advantage. It is also important to analyze trends in revenue, net income, and cash flow, as well as key financial ratios, such as price-to-earnings (P/E), price-to-sales (P/S), and debt-to-equity (D/E). About 97.0% of the company shares are owned by institutional investors. The book value of Signet Jewelers was at this time reported as 43.28. The company has Price/Earnings To Growth (PEG) ratio of 1.25. Signet Jewelers recorded earning per share (EPS) of 8.67. The entity last dividend was issued on the 25th of October 2024. The firm had 1:2 split on the 11th of September 2008.
To determine if Signet Jewelers is a good investment, evaluating the company's potential for future growth is also very important. This may include expanding into new markets, launching new products or services, or improving operational efficiency. Companies with strong growth prospects can be more attractive investments. This aspect of the research should be conducted in the context of the overall market and industry in which the company operates and should include an analysis of growth potential, competitive landscape, and any regulatory or economic factors that could impact the business. Some of the essential points regarding Signet Jewelers' research are outlined below:
| Over 97.0% of the company shares are owned by institutional investors | |
| On 22nd of November 2024 Signet Jewelers paid $ 0.29 per share dividend to its current shareholders | |
| Latest headline from investors.com: Signet Jewelers Stock Scores Relative Strength Rating Upgrade |
Signet Jewelers uses earnings reports to provide investors with an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Therefore, it is also crucial when considering investing in Signet Jewelers. Every quarterly earnings report provides investors with an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to Signet Jewelers' previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
| 21st of March 2024 Upcoming Quarterly Report | View | |
| 13th of June 2024 Next Financial Report | View | |
| 31st of January 2024 Next Fiscal Quarter End | View | |
| 21st of March 2024 Next Fiscal Year End | View | |
| 31st of October 2023 Last Quarter Report | View | |
| 31st of January 2023 Last Financial Announcement | View |
Earnings surprises can significantly impact Signet Jewelers' stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate. Below are the table of largest EPS Surprises Signet Jewelers' investors have experienced.
| Reported | Fiscal Date | Estimated EPS | Reported EPS | Surprise | |||
|---|---|---|---|---|---|---|---|
2014-11-25 | 2014-10-31 | 0.18 | 0.21 | 0.03 | 16 | ||
2001-06-07 | 2001-04-30 | 0.15 | 0.2 | 0.05 | 33 | ||
2023-12-05 | 2023-10-31 | 0.18 | 0.24 | 0.06 | 33 | ||
2015-11-24 | 2015-10-31 | 0.39 | 0.33 | -0.06 | 15 | ||
2012-11-20 | 2012-10-31 | 0.37 | 0.43 | 0.06 | 16 | ||
2010-08-26 | 2010-07-31 | 0.41 | 0.47 | 0.06 | 14 | ||
2002-12-04 | 2002-10-31 | 0.07 | 0.01 | -0.06 | 85 | ||
2002-09-04 | 2002-07-31 | 0.25 | 0.31 | 0.06 | 24 |
Know Signet Jewelers' Top Institutional Investors
Have you ever been surprised when a price of an equity instrument such as Signet Jewelers is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Signet Jewelers backward and forwards among themselves. Signet Jewelers' institutional investor refers to the entity that pools money to purchase Signet Jewelers' securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
| Shares | Arrowstreet Capital Limited Partnership | 2024-06-30 | 832.2 K | Hhg Plc | 2024-06-30 | 790.4 K | Fuller & Thaler Asset Management Inc | 2024-09-30 | 680.1 K | Charles Schwab Investment Management Inc | 2024-09-30 | 669.9 K | Brown Advisory Holdings Inc | 2024-09-30 | 660.9 K | Khrom Capital Management, Llc | 2024-06-30 | 651.4 K | Lakewood Capital Management, Lp | 2024-09-30 | 532 K | Vaughan Nelson Scarbrgh & Mccullough Lp | 2024-06-30 | 527.1 K | Norges Bank | 2024-06-30 | 523.2 K | Select Equity Group Lp | 2024-09-30 | 7.1 M | Blackrock Inc | 2024-06-30 | 6.8 M |
Signet Jewelers' market capitalization trends
The company currently falls under 'Mid-Cap' category with a total capitalization of 4.52 B.Market Cap |
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Signet Jewelers' profitablity analysis
| Last Reported | Projected for Next Year | ||
| Return On Tangible Assets | 0.14 | 0.07 | |
| Return On Capital Employed | 0.13 | 0.12 | |
| Return On Assets | 0.12 | 0.06 | |
| Return On Equity | 0.29 | 0.14 |
Determining Signet Jewelers' profitability involves analyzing its financial statements and using various financial metrics to determine if Signet Jewelers is a good buy. For example, gross profit margin measures Signet Jewelers' profitability after accounting for the cost of goods sold, while net profit margin measures profitability after accounting for all expenses. Other important metrics include return on assets, return on equity, and free cash flow. By reviewing multiple sources and metrics, you can gain a complete picture of Signet Jewelers' profitability and make more informed investment decisions.
Signet Jewelers' Earnings Breakdown by Geography
Evaluate Signet Jewelers' management efficiency
Signet Jewelers has Return on Asset of 0.0585 % which means that on every $100 spent on assets, it made $0.0585 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of 0.2683 %, implying that it generated $0.2683 on every 100 dollars invested. Signet Jewelers' management efficiency ratios could be used to measure how well Signet Jewelers manages its routine affairs as well as how well it operates its assets and liabilities. The current Return On Tangible Assets is estimated to decrease to 0.07. The current Return On Capital Employed is estimated to decrease to 0.12. At this time, Signet Jewelers' Intangible Assets are most likely to increase significantly in the upcoming years. The Signet Jewelers' current Debt To Assets is estimated to increase to 0.23, while Other Current Assets are projected to decrease to roughly 105.6 M.| Last Reported | Projected for Next Year | ||
| Book Value Per Share | 62.85 | 35.17 | |
| Tangible Book Value Per Share | 37.08 | 23.08 | |
| Enterprise Value Over EBITDA | 5.45 | 15.59 | |
| Price Book Value Ratio | 1.60 | 3.44 | |
| Enterprise Value Multiple | 5.45 | 15.59 | |
| Price Fair Value | 1.60 | 3.44 | |
| Enterprise Value | 2.7 B | 2.6 B |
The operational strategies employed by Signet Jewelers management play a crucial role in its market positioning. Assessing these strategies alongside financial data helps us evaluate the stock's investment potential.
Dividend Yield 0.0113 | Forward Dividend Yield 0.0113 | Forward Dividend Rate 1.16 | Beta 2.129 |
Basic technical analysis of Signet Stock
As of the 25th of November, Signet Jewelers has the Coefficient Of Variation of 570.99, semi deviation of 2.0, and Risk Adjusted Performance of 0.1414. In relation to fundamental indicators, the technical analysis model makes it possible for you to check existing technical drivers of Signet Jewelers, as well as the relationship between them. Please validate Signet Jewelers information ratio, as well as the relationship between the value at risk and expected short fall to decide if Signet Jewelers is priced more or less accurately, providing market reflects its prevalent price of 102.6 per share. Given that Signet Jewelers has jensen alpha of 0.2348, we advise you to double-check Signet Jewelers's current market performance to make sure the company can sustain itself at a future point.Signet Jewelers' insider trading activities
Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific Signet Jewelers insiders, such as employees or executives, is commonly permitted as long as it does not rely on Signet Jewelers' material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases Signet Jewelers insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.
Signet Jewelers' Outstanding Corporate Bonds
Signet Jewelers issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. Signet Jewelers uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most Signet bonds can be classified according to their maturity, which is the date when Signet Jewelers has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.
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Understand Signet Jewelers' technical and predictive indicators
Using predictive indicators to make investment decisions involves analyzing Signet Jewelers' various financial and market-based factors to help forecast future trends and identify investment opportunities. Select the indicators that are most relevant to your investment strategy. Each indicator has its own strengths and weaknesses, so it's essential to combine multiple indicators to get a more comprehensive view of the market and reduce the risk of making poor decisions based on limited data.
| Risk Adjusted Performance | 0.1414 | |||
| Market Risk Adjusted Performance | 0.2657 | |||
| Mean Deviation | 1.79 | |||
| Semi Deviation | 2.0 | |||
| Downside Deviation | 2.21 | |||
| Coefficient Of Variation | 570.99 | |||
| Standard Deviation | 2.6 | |||
| Variance | 6.75 | |||
| Information Ratio | 0.1248 | |||
| Jensen Alpha | 0.2348 | |||
| Total Risk Alpha | 0.0359 | |||
| Sortino Ratio | 0.1464 | |||
| Treynor Ratio | 0.2557 | |||
| Maximum Drawdown | 19.25 | |||
| Value At Risk | (3.42) | |||
| Potential Upside | 4.34 | |||
| Downside Variance | 4.9 | |||
| Semi Variance | 3.98 | |||
| Expected Short fall | (2.13) | |||
| Skewness | 0.7154 | |||
| Kurtosis | 5.11 |
| Risk Adjusted Performance | 0.1414 | |||
| Market Risk Adjusted Performance | 0.2657 | |||
| Mean Deviation | 1.79 | |||
| Semi Deviation | 2.0 | |||
| Downside Deviation | 2.21 | |||
| Coefficient Of Variation | 570.99 | |||
| Standard Deviation | 2.6 | |||
| Variance | 6.75 | |||
| Information Ratio | 0.1248 | |||
| Jensen Alpha | 0.2348 | |||
| Total Risk Alpha | 0.0359 | |||
| Sortino Ratio | 0.1464 | |||
| Treynor Ratio | 0.2557 | |||
| Maximum Drawdown | 19.25 | |||
| Value At Risk | (3.42) | |||
| Potential Upside | 4.34 | |||
| Downside Variance | 4.9 | |||
| Semi Variance | 3.98 | |||
| Expected Short fall | (2.13) | |||
| Skewness | 0.7154 | |||
| Kurtosis | 5.11 |
Consider Signet Jewelers' intraday indicators
Signet Jewelers intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Signet Jewelers stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.
Signet Jewelers Corporate Filings
F3 | 13th of November 2024 The report used by insiders such as officers, directors, and major shareholders (beneficial owners holding more than 10% of any class of the company's equity securities) to declare their ownership of a company's stock | ViewVerify |
F4 | 6th of November 2024 The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities | ViewVerify |
8K | 21st of October 2024 Report filed with the SEC to announce major events that shareholders should know about | ViewVerify |
Signet Stock media impact
Far too much social signal, news, headlines, and media speculation about Signet Jewelers that are available to investors today. That information is available publicly through Signet media outlets and privately through word of mouth or via Signet internal channels. However, regardless of the origin, that massive amount of Signet data is challenging to quantify into actionable patterns, especially for investors that are not very sophisticated with ever-evolving tools and techniques used in the investment management field.
A primary focus of Signet Jewelers news analysis is to determine if its current price reflects all relevant headlines and social signals impacting the current market conditions. A news analyst typically looks at the history of Signet Jewelers relative headlines and hype rather than examining external drivers such as technical or fundamental data. It is believed that price action tends to repeat itself due to investors' collective, patterned thinking related to Signet Jewelers' headlines and news coverage data. This data is often completely overlooked or insufficiently analyzed for actionable insights to drive Signet Jewelers alpha.
Signet Jewelers Sentiment by Major News Outlets
Investor sentiment, mood or attitude towards Signet Jewelers can have a significant impact on its stock price or the market as a whole. This sentiment can be positive or negative, and various factors, such as economic indicators, news events, or market trends, can influence it. When investor sentiment is positive, investors are more likely to buy stocks, increasing demand and increasing the stock price. Positive investor sentiment can be driven by good news about the company or the broader market, such as solid earnings reports or positive economic data.
Note that negative investor sentiment can cause investors to sell stocks, leading to a decrease in demand and a drop in the stock price. Negative sentiment can be driven by factors such as poor earnings reports, negative news about the company or industry, or broader economic concerns. It's important to note that investor sentiment is just one of many factors that can affect stock prices. Other factors, such as company performance, industry trends, and global economic conditions, can also play a significant role in determining the value of a stock.
Signet Jewelers Historical Investor Sentiment
Investor biases related to Signet Jewelers' public news can be used to forecast risks associated with an investment in Signet. The trend in average sentiment can be used to explain how an investor holding Signet can time the market purely based on public headlines and social activities around Signet Jewelers. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Signet Jewelers' market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Signet Jewelers and other traded tickers. The bigger the bubble, the more accurate the estimated score. Higher bars for a given day show more participation in the average Signet Jewelers news discussions. The higher the estimate score, the more favorable the investor's outlook on Signet Jewelers.
Signet Jewelers Corporate Directors
| Sharon McCollam | Independent Director | Profile | |
| Brian Tilzer | Independent Director | Profile | |
| Nancy Reardon | Independent Director | Profile | |
| Zackery Hicks | Independent Director | Profile |
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Is Other Specialty Retail space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Signet Jewelers. If investors know Signet will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Signet Jewelers listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 1.138 | Dividend Share 1.04 | Earnings Share 8.67 | Revenue Per Share 154.687 | Quarterly Revenue Growth (0.08) |
The market value of Signet Jewelers is measured differently than its book value, which is the value of Signet that is recorded on the company's balance sheet. Investors also form their own opinion of Signet Jewelers' value that differs from its market value or its book value, called intrinsic value, which is Signet Jewelers' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Signet Jewelers' market value can be influenced by many factors that don't directly affect Signet Jewelers' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
In summary, please note that there is a difference between Signet Jewelers' value and its price, as these two are different measures arrived at by various means. Investors typically determine if Signet Jewelers is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Signet Jewelers' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.