Signet Jewelers (NYSE:SIG) Releases FY 2027 Earnings Guidance

Key Points

• Signet Jewelers issued FY 2027 guidance of $10.45–$12.15 in EPS and $6.7–$6.9 billion in revenue, with the EPS midpoint above analyst expectations and revenue broadly in line.
• The company reported quarterly EPS of $21.90, substantially exceeding the $1.69 consensus estimate, while revenue of $1.53 billion matched expectations.
• Shares opened down 2.7% at $82.98, despite analysts maintaining a generally positive view: Signet carries a “Moderate Buy” consensus rating and an average price target of $113.62.

Signet Jewelers (NYSE:SIG - Get Free Report) updated its FY 2027 earnings guidance on Wednesday. The company provided earnings per share guidance of 10.450-12.150 for the period, compared to the consensus EPS estimate of 10.790. The company issued revenue guidance of $6.7 billion-$6.9 billion, compared to the consensus revenue estimate of $6.8 billion. Signet Jewelers also updated its Q3 2027 guidance to EPS.

Analyst Ratings Changes

Several equities research analysts recently weighed in on SIG shares. Wells Fargo & Company restated a "mixed" rating on shares of Signet Jewelers in a report on Wednesday, June 3rd. UBS Group lifted their price target on Signet Jewelers from $121.00 to $122.00 and gave the stock a "buy" rating in a research note on Monday, August 24th. Citigroup reiterated a "buy" rating on shares of Signet Jewelers in a research report on Tuesday, August 25th. Raymond James Financial began coverage on Signet Jewelers in a research note on Thursday, July 23rd. They set an "outperform" rating and a $105.00 price objective for the company. Finally, Stephens restated an "overweight" rating and issued a $130.00 target price on shares of Signet Jewelers in a report on Tuesday. One analyst has rated the stock with a Strong Buy rating, five have assigned a Buy rating and five have issued a Hold rating to the company's stock. According to MarketBeat.com, Signet Jewelers currently has a consensus rating of "Moderate Buy" and an average target price of $113.62.

Signet Jewelers Stock Down 2.7%

Shares of SIG stock opened at $82.98 on Wednesday. The firm has a market capitalization of $3.26 billion, a price-to-earnings ratio of 11.64, a PEG ratio of 0.89 and a beta of 1.11. The stock has a fifty day moving average of $87.98 and a 200 day moving average of $87.79. Signet Jewelers has a 52 week low of $71.61 and a 52 week high of $110.20.

Signet Jewelers (NYSE:SIG - Get Free Report) last issued its quarterly earnings data on Wednesday, September 9th. The company reported $21.90 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.69 by $20.21. Signet Jewelers had a net margin of 4.29% and a return on equity of 22.54%. The business had revenue of $1.53 billion for the quarter, compared to the consensus estimate of $1.53 billion. Signet Jewelers has set its FY 2027 guidance at 10.450-12.150 EPS. Equities research analysts anticipate that Signet Jewelers will post 10.66 earnings per share for the current year.

Signet Jewelers News Roundup

Here are the key news stories impacting Signet Jewelers this week:

• Positive Sentiment: Signet reported fiscal Q2 EPS of $21.90, far exceeding the $1.69 analyst consensus. Quarterly revenue of $1.53 billion matched expectations, while management cited comparable-sales growth across all fine-jewelry brands and high-single-digit unit growth at higher price points. Signet Jewelers Reports Second Quarter Fiscal 2027 Results
• Positive Sentiment: Fiscal 2027 EPS guidance is $10.45-$12.15, with a midpoint of $11.30 above the $10.79 consensus estimate. Full-year revenue guidance of $6.7-$6.9 billion is centered at $6.8 billion, matching expectations and supporting a stable outlook.
• Positive Sentiment: Stephens reaffirmed its “overweight” rating and maintained a $130 price target, implying substantial upside from recent trading levels.
• Neutral Sentiment: Third-quarter revenue guidance of approximately $1.4 billion is broadly consistent with analyst expectations. The company’s update did not provide a clearly stated third-quarter EPS figure in the available release, limiting visibility into near-term profitability.
• Negative Sentiment: The unusually large EPS beat may not be fully reflective of recurring operating performance, given the wide gap between reported EPS and consensus. With revenue guidance essentially in line, investors may be looking for stronger forward sales growth or additional detail on earnings quality before pushing the stock higher.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently made changes to their positions in the company. Brown Brothers Harriman & Co. purchased a new position in shares of Signet Jewelers in the 4th quarter valued at approximately $39,000. Northwestern Mutual Wealth Management Co. boosted its holdings in shares of Signet Jewelers by 111.0% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 633 shares of the company's stock valued at $52,000 after buying an additional 333 shares in the last quarter. EverSource Wealth Advisors LLC grew its position in shares of Signet Jewelers by 171.2% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 678 shares of the company's stock worth $54,000 after buying an additional 428 shares during the period. State of Wyoming purchased a new position in Signet Jewelers during the 2nd quarter valued at about $69,000. Finally, Transamerica Financial Advisors LLC boosted its stake in Signet Jewelers by 2,084.6% during the fourth quarter. Transamerica Financial Advisors LLC now owns 1,420 shares of the company's stock worth $118,000 after acquiring an additional 1,355 shares in the last quarter.

Signet Jewelers Company Profile

Signet Jewelers Ltd is the world's largest retailer of diamond jewelry, operating a diversified network of retail stores across the United States, Canada, the United Kingdom and Ireland. Its portfolio includes well-established banners such as Kay Jewelers, Zales, Jared The Galleria of Jewelry, H.Samuel, Ernest Jones, Peoples and Piercing Pagoda, offering customers a range of shopping environments from suburban malls to high-street locations.

The company's product assortment encompasses engagement rings, wedding bands, fine fashion jewelry and timepieces, complemented by services including jewelry cleaning, repairs, appraisals and extended care plans.

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