SIG - Signet Jewelers Limited
| Previous Close | 25.13 |
| Open | 24.79 |
| Bid | 25.13 x 3100 |
| Ask | 0.00 x 1000 |
| Day's Range | 24.41 - 25.78 |
| 52 Week Range | 24.41 - 71.07 |
| Volume | 5,058,528 |
| Avg. Volume | 1,851,993 |
| Market Cap | 1.319B |
| Beta (3Y Monthly) | 1.87 |
| PE Ratio (TTM) | N/A |
| EPS (TTM) | -4.07 |
| Earnings Date | Mar 14, 2019 |
| Forward Dividend & Yield | 1.48 (4.44%) |
| Ex-Dividend Date | 2018-11-01 |
| 1y Target Est | 43.38 |
- Markit•yesterday
See what the IHS Markit Score report has to say about Signet Jewelers Ltd.
# Signet Jewelers Ltd ### NYSE:SIG View full report here! ## Summary * ETFs holding this stock have seen outflows over the last one-month * Bearish sentiment is moderate and declining * Economic output in this company's sector is expanding ## Bearish sentiment Short interest | Neutral Short interest is moderately high for SIG with between 10 and 15% of shares outstanding currently on loan. However, this was an improvement in sentiment as investors who seek to profit from falling equity prices reduced their short positions on December 24. ## Money flow ETF/Index ownership | Negative ETF activity is negative. Over the last one-month, outflows of investor capital in ETFs holding SIG totaled $1.15 billion. Additionally, the rate of outflows appears to be accelerating. ## Economic sentiment PMI by IHS Markit | Positive According to the latest IHS Markit Purchasing Managers' Index (PMI) data, output in the Consumer Services sector is rising. The rate of growth is strong relative to the trend shown over the past year, and is accelerating. ## Credit worthiness Credit default swap CDS data is not available for this security. Please send all inquiries related to the report to score@ihsmarkit.com. Charts and report PDFs will only be available for 30 days after publishing. This document has been produced for information purposes only and is not to be relied upon or as construed as investment advice. 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. Please view the full legal disclaimer and methodology information on pages 2-3 of the full report.
- Zacks•2 days ago
Signet Stock Falls on Lackluster Holiday Sales & Lower View
Signet's (SIG) holiday season sales were unimpressive. This compelled the retailer to trim sales and earnings forecast.
- Reuters•2 days ago
Tiffany holiday sales fall as dollar crimps Chinese tourists' spending
Tiffany & Co tempered its yearly profit forecast on Friday after the luxury jeweler's holiday sales fell unexpectedly as Chinese tourists spent less globally due to a stronger dollar and demand softened in Europe and at home. Like other luxury goods firms, Tiffany relies on spending by China's burgeoning middle class as consumer demand remains subdued in the United States and Europe, weighed down at the moment by uncertainties such as a partial U.S. government shutdown and Britain's plan to exit the European Union. During the crucial November-December period, Tiffany's worldwide same-store sales fell 2 percent while net sales dipped 1 percent, against its expectations of modest increases.
- Market Realist•2 days ago
Like Signet, Tiffany Also Reports Disappointing Holiday Sales
Like Signet, Tiffany Also Reports Disappointing Holiday SalesSales details On January 18, Tiffany (TIF) reported weaker-than-expected sales numbers for the key holiday season (two-month period ended December 31). Tiffany’s worldwide net sales
- Associated Press•3 days ago
Morgan Stanley and CSX slip; Fastenal and M&T Bank climb
Stocks that moved substantially or traded heavily Thursday: Morgan Stanley, down $1.96 to $42.53 The bank's fourth-quarter results fell short of expectations as its stock and bond traders struggled. CSX ...
- Motley Fool•3 days ago
Why Morgan Stanley, United Natural Foods, and Signet Jewelers Slumped Today
These stocks missed out on the market's move up. Find out why.
- TheStreet.com•3 days ago
Signet Jewelers Loses Sheen After Guidance Cut
lost their sparkle Thursday, Jan. 17, after the retailer cut its fourth-quarter and fiscal 2019 guidance amid slower-than-anticipated holiday sales. Signet shares fell 24.7% to $25.13 at the close of trading on Thursday on the New York Stock Exchange. The Akron, Ohio-based retailer said in a statement that it now expects fourth-quarter same-store sales to fall 1.6% to 2.5%, with adjusted per-share earnings of between $3.77 and $3.92, including a 19-cent charge for a previously disclosed regulatory matter.
- Market Realist•3 days ago
Signet Jewelers Stock Falls 23% on Weak Holiday Sales
Signet Jewelers Stock Falls 23% on Weak Holiday SalesWeak holiday sales Today, Signet Jewelers (SIG) reported weaker-than-expected holiday sales numbers and lowered its full-year guidance, which didn’t go over well with investors. Following
- TheStreet.com•3 days ago
Tiffany Looks Like a Diamond Compared to Signet Jewelers' Rough Report
Shares of Signet have dropped more than 20% in afternoon trading after a report of a major slowdown in holiday sales that promoted a big miss on earnings. "Early improvements in refreshed merchandise assortment, digital marketing and OmniChannel were more than offset by larger-than-expected declines in legacy product lines," CEO Virginia Drosos said in a statement. In contrast to Signet's steep slide, Tiffany shares are rising on the day.
- InvestorPlace•3 days ago
Signet Jewelers News: Why SIG Stock Is Sliding Lower Today
A Signet Jewelers news update for its holiday season has SIG stock falling hard on Thursday. Source: Elizabeth Murphy via Flickr The update from Signet Jewelers (NYSE:SIG) includes data about the company's same-store sales for the period. SIG notes that these sales are down by 1.3% when compared to the same time last year. It is also now estimating that same store sales for its fiscal fourth quarter of 2019 will be down 1.6% to 2.5%. The most recent Signet Jewelers news also includes an update to its guidance that is hurting SIG stock today. This includes a new fiscal fourth quarter of 2019 earnings per share estimate of between $3.77 and $3.92. This is a real blow to SIG stock as Wall Street is looking for earnings per share of $4.43 for the company's fiscal fourth quarter of 2019. InvestorPlace - Stock Market News, Stock Advice & Trading Tips This bit of Signet Jewelers news also includes an update for the company's earnings per share estimate for its fiscal full year of 2019. The company now expects earnings per share for the fiscal year to range from $3.53 to $3.69. Just like with its other guidance change, this one is bad news for SIG stock by sitting well below analysts' earnings per share estimate of $4.25 for the full fiscal year of 2019. * 7 Stocks to Buy as the Dollar Weakens "Our holiday season performance fell short of our expectations," Virginia Drosos, CEO of Signet Jewelers, said in a statement. "Early improvements in refreshed merchandise assortment, digital marketing and OmniChannel were more than offset by larger than expected declines in legacy product lines." SIG stock was down 23% as of Thursday afternoon. ### More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 10 Growth Stocks With the Future Written All Over Them * 7 Reasons Why Buffett's Bet on Apple Stock Is a Good One * 10 Companies That Could Post Decelerating Profits As of this writing, William White did not hold a position in any of the aforementioned securities. Compare Brokers The post Signet Jewelers News: Why SIG Stock Is Sliding Lower Today appeared first on InvestorPlace.
- CNBC•3 days ago
Stocks making the biggest moves midday: Signet Jewelers, Morgan Stanley, PG&E & more
Check out the companies making headlines on midday Thursday.
- Motley Fool•3 days ago
Why Signet Jewelers Stock Plunged Today
The parent company of chains including Kay, Jared, and Zales had a difficult holiday season.
- CNBC•3 days ago
Signet Jewelers shares tank on weak holiday sales, retailer warns of more store closures
Signet Jewelers shares tanked after the diamond retailer slashed its sales outlook and said holiday sales came up short of expectations.
- MarketWatch•3 days ago
UPDATE: Signet shares fall premarket after it cuts guidance citing weaker-than-expected holiday sales
Signet Jewelers Ltd.'s shares fell 10% in premarket trade Thursday, after the retailer cut guidance for its fourth quarter and fiscal 2019 and said its holiday performance fell short of expectations. "Early improvements in refreshed merchandise assortment, digital marketing and OmniChannel were more than offset by larger than expected declines in legacy product lines," chief Executive Virginia Drosos said in a statement. "In addition, the competitive promotional environment we saw early in the season intensified in December and, despite our increased promotional investments, we experienced reduced traffic during key December gifting weeks." Signet is now expecting fourth-quarter same-store sales to fall 1.6% to 2.5%. It expects adjusted EPS of $3.77 to $3.92, including a 19 cents charge for a previously disclosed regulatory matter, compared with a FactSet consensus of $4.08. For the full year, it now expects same-store sales to be flat, versus prior guidance of flat to up 1%. It expects sales of $6.26 billion, versus prior guidance of $6.31 billion and the FactSet consensus of $6.29 billion. It expects adjusted EPS to range from $3.53 to $3.68 versus prior guidance of $4.15 to $4.40. The FactSet consensus is $4.25. Shares have fallen 40% in the last 12 months, while the S&P 500 has fallen 6.7%.
- Business Wire•3 days ago
Signet Jewelers Reports Fiscal 2019 Holiday Season Sales
Signet Jewelers Limited , the world's largest retailer of diamond jewelry, today announced its sales for the 9 weeks ended January 5, 2019 .
- The Wall Street Journal•4 days ago
[$$] Jewelry Retailer Accused of Opening Fake Store Credit-Card Accounts
Ltd. agreed Wednesday to pay $11 million in penalties to federal and state regulators for allegedly opening credit-card accounts—possibly hundreds of thousands—without customer consent at retail stores it operates under such brands as Kay Jewelers and Jared. The Consumer Financial Protection Bureau and New York Attorney General’s office said the company pressured its sales representatives into signing up customers for store credit cards, enrolling customers in payment-protection insurance without their consent and misrepresenting the financing terms of their cards. To meet quotas imposed by the company, sales representatives in some cases persuaded consumers to provide their personal information by purporting to sign them up for a store “rewards card,” loyalty program, or mailing list, according to regulators.
- MarketWatch•4 days ago
Signet unit to pay $11 million to CFPB, New York over allegations of opening accounts without consent
Signet Jewelers division Sterling Jewelers has agreed to pay $10 million to the Consumer Financial Protection Bureau and $1 million to the state of New York to settle claims it's opened store credit-card accounts with customer consent. According to the settlement, Sterling also enrolled customers in payment-protection insurance without their consent and misrepresented to consumers the financing terms associated with the credit-card accounts. Sterling does business as Kay Jewelers, Jared The Galleria of Jewelry, and a variety of regional brands, including JB Robinson Jewelers, Marks & Morgan Jewelers, Belden Jewelers, Goodman Jewelers, LeRoy's Jewelers, Osterman Jewelers, Rogers Jewelers, Shaw's Jewelers, and Weisfield Jewelers. In a statement, Signet said it "disagreed" with the allegations but "chose to negotiate a resolution of this matter to avoid the time, expense, and uncertainty of litigation with the agencies. We have used this opportunity to internally reaffirm the transparency and fairness of our credit-related policies and we look forward to continuing to provide our customers with access to suitable credit options."
- Associated Press•4 days ago
Jewelry stores make $11M settlement over credit practices
NEW YORK (AP) — Officials say some well-known jewelry stores that promote sparkling romance engaged in credit practices that consumers might not love.
- Reuters•4 days ago
Signet Jewelers unit pays $11 mln fines to end U.S., New York probes
Sterling Jewelers Inc, whose brands include Kay Jewelers and Jared, agreed to pay $11 million in fines to settle charges by U.S. and New York regulators that it signed up consumers for store credit cards and credit insurance without permission. The settlement announced on Wednesday calls for Sterling, a unit of Signet Jewelers Ltd, to pay $10 million to the U.S. Consumer Financial Protection Bureau and $1 million to the office of New York Attorney General Letitia James. Sterling did not admit or deny wrongdoing.
- Reuters•4 days ago
US, NY sue Sterling Jewelers over credit financing practices
The U.S. Consumer Financial Protection Bureau and New York's attorney general on Wednesday sued Sterling Jewelers Inc, accusing the unit of Signet Jewelers Ltd of improper credit financing practices. Sterling ...
- Business Wire•4 days ago
Signet Jewelers Selected for 2019 Bloomberg Gender-Equality Index, Recognizing Commitment to Advancing Women in the Workplace
Signet Jewelers Limited (“Signet”) (SIG), the world’s largest retailer of diamond jewelry, today announced its inclusion in the 2019 Bloomberg Gender-Equality Index (GEI), a list of 230 companies recognized for their commitment to advancing women’s equality. Signet is one of only a limited number of retailers and the only jewelry retailer included in the 2019 Bloomberg GEI. “Signet is proud to be included in the 2019 Bloomberg Gender-Equality Index in acknowledgment of its continued commitment to fostering an inclusive workplace,” said Virginia C. Drosos, Chief Executive Officer.
- Markit•5 days ago
See what the IHS Markit Score report has to say about Signet Jewelers Ltd.
# Signet Jewelers Ltd ### NYSE:SIG View full report here! ## Summary * Bearish sentiment is moderate and declining * Economic output in this company's sector is expanding ## Bearish sentiment Short interest | Neutral Short interest is moderately high for SIG with between 10 and 15% of shares outstanding currently on loan. However, this was an improvement in sentiment as investors who seek to profit from falling equity prices reduced their short positions on December 24. ## Money flow ETF/Index ownership | Neutral ETF activity is neutral. The net inflows of $10.07 billion over the last one-month into ETFs that hold SIG are not among the highest of the last year and have been slowing. ## Economic sentiment PMI by IHS Markit | Positive According to the latest IHS Markit Purchasing Managers' Index (PMI) data, output in the Consumer Services sector is rising. The rate of growth is strong relative to the trend shown over the past year, and is accelerating. ## Credit worthiness Credit default swap CDS data is not available for this security. Please send all inquiries related to the report to score@ihsmarkit.com. Charts and report PDFs will only be available for 30 days after publishing. This document has been produced for information purposes only and is not to be relied upon or as construed as investment advice. 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. Please view the full legal disclaimer and methodology information on pages 2-3 of the full report.
Yahoo Finance•6 days agoLab-grown diamonds will survive Big Diamond’s attempt to kill them, startup says
Diamond giant De Beers is fighting back on the threat posed by lab-grown diamonds startups, but "it's not going to work," according to one startup founder.
- Motley Fool•9 days ago
Why Signet Jewelers Stock Dropped 39.7% in December
Shares of the world's largest diamond jewelry retailer plunged even though it delivered seemingly solid quarterly results.
