The consensus among analysts is that Signet Jewelers Limited (SIG) is an Underweight stock at the moment, with a recommendation rating of 3.8. 2 analysts rate the stock as a Sell, while none rate it as Overweight. 2 out of 5 have rated it as a Hold, with no one of them advising it as a Buy. 1 have rated the stock as Underweight. The expected earnings per share for the stock is -$1.73.
Signet Jewelers Limited (NYSE:SIG) trade information
Sporting 8.23% in the green today, the stock has traded in the green over the last five days, with the highest price hit on Tuesday, Jun 23 when the SIG stock price touched $12.16- or saw a rise of 12.42%. Year-to-date, Signet Jewelers Limited shares have moved -51.01%, while the 5-day performance has seen it change -10.8%. Over the past 30 days, the shares of Signet Jewelers Limited (NYSE:SIG) have changed 0.95%. Short interest in the company has seen 17.49 Million shares shorted with days to cover at 5.16.
Signet Jewelers Limited (SIG) estimates and forecasts
Figures show that Signet Jewelers Limited shares have underperformed across the wider relevant industry. The company’s shares have lost -49.26% over the past 6 months, with this year growth rate of -135.05%, compared to -23.4% for the industry. Other than that, the company has, however, lowered its growth outlook for the 2020 fiscal year revenue. Growth estimates for the current quarter are -439.2% and -55.3% for the next quarter. Revenue growth from the last financial year stood is estimated to be -24.4%.
4 analysts offering their estimates for the company have set an average revenue estimate of $841.51 Million for the current quarter. 4 have an estimated revenue figure of $1.01 Billion for the next quarter concluding in October 01, 2020. Year-ago sales stood $1.36 Billion and $1.19 Billion respectively for this quarter and the next, and analysts expect sales will grow by -38.3% for the current quarter and -14.8% for the next.
If we evaluate the company’s growth over the last 5-year and for the next 5-year period, we find that annual earnings growth was -21.7% over the past 5 years. Earnings growth for 2020 is a modest +111.1% while over the next 5 years, the company’s earnings are expected to increase by 7%.