|Bid||39.50 x 500|
|Ask||39.53 x 300|
|Day's Range||38.33 - 39.64|
|52 Week Range||37.42 - 77.94|
|PE Ratio (TTM)||5.33|
|Forward Dividend & Yield||1.48 (3.87%)|
|1y Target Est||N/A|
Signet Jewelers (SIG) popped to the top of the S&P 500 on Monday, a stark contrast to its plunge last week. Last week Signet sank on its disappointing earnings report, but some analysts have been willing to defend the stock--to an extent. Cowen & Co.'s Oliver Chen recently reiterated a Market Perform, writing that he "commend[s] management for facing profound issues which could otherwise yield long-term damage," and CFRA's Victor Ahluwalia reiterated a Hold rating on the stock today, although he shaved $16 off his price target, to $41, citing "reduced earnings visibility and restructuring uncertainties." Signet was also benefiting from a less-bad day for retail overall, as other winners included Macy's (M), Kohl's (KSS), and Tiffany (TIF). Signet is down 30.2% year to date and off 42.2% in the past 12 months.
Undervalued dividend stocks such as Office Depot and Signet Jewelers can help diversify the constant stream of cash flows generated by your portfolio through both steady dividend income and expectedRead More...
What affected Tiffany stock? On March 16, 2018, Tiffany & Company (TIF) reported better-than-expected fiscal 4Q17 results for the period that ended on January 31, 2018. Tiffany’s sales and EPS (earnings per share) came in ahead of analysts’ expectations and marked an improvement on a YoY (year-over-year) basis.
Tiffany reported better-than-expected fourth-quarter earnings, but global same-store sales growth missed. The high-end jeweler's EPS outlook was upbeat.
Tiffany will report holiday-quarter results, just two days after Signet Jewelers stock collapsed on weak guidance.
Signet Jewelers (SIG) reported better-than-expected fiscal 4Q18 results on March 14. On a comparable basis—excluding the impact of one extra week and increased sales from the R2Net acquisition—Signet’s top line declined and was lower than analysts’ estimate. Lower transactions due to credit portfolio outsourcing and increased sales of low-margin products continue to hurt Signet’s margins.
The Dow Jones Industrial Average is soaring, the S&P 500 and Nasdaq are not. •...and consider an analyst's Buy recommendation on Signet Jewelers (SIG), which dropped 20% yesterday. The market has many problems, but valuation might not be one of them.
Shares of Signet Jewelers (NYSE: SIG) plunged 20% on Wednesday after the jewelry retailer followed up its fourth-quarter earnings report with dismal earnings guidance and details of an aggressive restructuring ...
Signet Jewelers will close more than 200 stores this fiscal year and open new ones outside of shopping malls, as one of the biggest mall-based chains combats slumping sales at existing locations.
Signet Jewelers (SIG)sank more than 20% to land at the bottom of the S&P 500 on Wednesday, following its disappointing earnings report. Signet reported poor holiday sales in January, despite a strong retail environment, and lowered its full-year forecast. Wells Fargo's Ike Boruchow reiterated a Market Perform rating on the stock, writing that investors were focused on guidance, which "wasn't pretty," and there's too many unknowns for him to be more constructive on the shares, even after today's plunge.