|Bid||0.00 x 1400|
|Ask||0.00 x 1000|
|Day's Range||34.26 - 37.44|
|52 Week Range||33.11 - 71.07|
|Beta (3Y Monthly)||1.11|
|PE Ratio (TTM)||N/A|
|Earnings Date||Nov 19, 2018 - Nov 23, 2018|
|Forward Dividend & Yield||1.48 (3.61%)|
|1y Target Est||47.88|
Signet Jewelers (SIG) reported stronger-than-expected fiscal 2019 third-quarter earnings results. Cowen lowered its target price to $46 from $70. Meanwhile, RBC reduced its target price on SIG stock to $46 from $69.
Signet Jewelers’ (SIG) reported net sales of $1.19 billion came in ahead of analysts’ estimate of $1.16 billion and increased 3.0% on a YoY (year-over-year) basis. Signet’s net sales benefited from improved comps (1.6%) driven by clearance sales. Its double-digit e-commerce sales growth rate led by its James Allen acquisition further supported its net sales. However, store closures, unfavorable currency rates, and a shift in the timing of its promotions remained a drag.
Signet Jewelers (SIG) posted better-than-expected fiscal 2019 third-quarter earnings results on December 6 for the period that ended on November 3. Signet stock plunged 18.2% following its third-quarter earnings release, closing at $41. Management expects sales from James Allen to continue to slide in the coming quarters, which isn’t encouraging.
Signet Jewelers beat Wall Street's third-quarter expectations Thursday, but shares sank as much as 23% before partly recovering. The stock fell to as low as $38.42 -- down 23.3% from Wednesday's close -- but partly rebounded to finish at $41, down 18.
On December 6, Signet Jewelers (SIG) reported better-than-expected fiscal 2019 third-quarter results for the period that ended on November 3. Jewelers are facing intense competition in the low-end diamond market, which is taking a toll on pricing and margins. Tiffany’s top line fell short of analysts’ estimate.
Signet (SIG) delivered earnings and revenue surprises of 1.85% and 1.70%, respectively, for the quarter ended October 2018. Do the numbers hold clues to what lies ahead for the stock?
(Bloomberg Opinion) -- December brings many seasonal rituals: Swilling eggnog, bopping to “Jingle Bell Rock” and, of course, seeing a gazillion Kay Jewelers ads on TV.
I've been keeping an eye on Signet Jewelers Limited (NYSE:SIG) because I'm attracted to its fundamentals. Looking at the company as a whole, as a potential stock investment, I believe Read More...
On a per-share basis, the Hamilton, Bermuda-based company said it had a loss of 74 cents. Losses, adjusted for pretax gains, came to $1.06 per share. The results exceeded Wall Street expectations. The ...
Signet Jewelers Limited , the world's largest retailer of diamond jewelry, today announced its results for the 13 weeks ended November 3, 2018 .
Signet Jewelers (SIG) needs investors to pay close attention to the stock based on moves in the options market lately.
Index (PMI) data, output in the Consumer Services sector is rising. To the fullest extent permitted by law, IHS Markit disclaims any responsibility or liability, whether in contract, tort (including, without limitation, negligence), equity or otherwise, for any loss or damage arising from any reliance on or the use of this material in any way.
Today I will be providing a simple run through of a valuation method used to estimate the attractiveness of Signet Jewelers Limited (NYSE:SIG) as an investment opportunity by taking the Read More...
Analysts expect Signet Jewelers (SIG) to report a loss per share of $1.10 during the third quarter of fiscal 2019. All of the analysts covering Signet Jewelers stock maintained a “hold” rating. Analysts have a consensus target price of $65.25 per share on Signet, which indicates an upside of 25.9% based on its closing price of $51.84 on November 29.
Signet Jewelers (SIG) is expected to announce its results for the third quarter of fiscal 2019 on December 6. Analysts expect the company’s top and bottom-line results to remain weak and decline on a YoY (year-over-year) basis. Analysts expect Signet to report net sales of $1.2 billion, which reflects a marginal decline on a YoY basis.
Several analysts covering Tiffany (TIF) stock lowered their target price following the company’s unimpressive third-quarter results. The downward adjustments in Tiffany’s target price are as follows: Jefferies lowered its target price to $130 from $160. KeyBanc reduced it to $125 from $150. Cowen decreased the target price to $115 from $150. RBC lowered the target price to $105 from $132. Morgan Stanley lowered it to $96 from $126.
Tiffany reported adjusted earnings of $0.77 per share, which was in line with analysts’ estimate but declined 3.8% on a YoY basis. Tiffany’s planned investment in long-term growth measures adversely impacted the bottom line and more than offset the benefits from improvement in sales and higher gross margins. Tiffany’s third-quarter EPS gained from lower input costs and a decline in wholesale diamond sales.
Signet (SIG) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Tiffany (TIF) reported net sales of $1.0 billion, which was below analysts’ estimate of $1.1 billion but 3.7% higher on a YoY basis. New product launches, an expanded stores base, and higher spending by local customers supported the top-line growth rate. However, a decline in the expenditure by Chinese tourists in the Americas and Hong Kong remained a drag. Also, lower wholesale sales to Korean duty-free operators further lowered the top-line growth rate.
Tiffany stock (TIF) slumped ~12% on November 28 following the company’s unimpressive third-quarter results for the period that ended on October 31. Tiffany’s top-line growth rate decelerated sequentially during the third quarter. Meanwhile, reported net sales fell short of Wall Street’s expectation. Management stated that the lower tourist spending, mainly from Chinese tourists, in the Americas and Hong Kong weighed on its sales growth rate. However, increased spending by local customers supported the company’s top-line growth.