Telsey Advisory Group Comments on Signet Jewelers Limited's Q1 2025 Earnings (NYSE:SIG)

Signet Jewelers Limited (NYSE:SIG - Free Report) - Telsey Advisory Group lowered their Q1 2025 earnings per share estimates for Signet Jewelers in a research report issued on Thursday, April 4th. Telsey Advisory Group analyst D. Telsey now forecasts that the company will post earnings per share of $0.85 for the quarter, down from their prior estimate of $0.90. Telsey Advisory Group has a "Market Perform" rating and a $110.00 price objective on the stock. The consensus estimate for Signet Jewelers' current full-year earnings is $10.71 per share. Telsey Advisory Group also issued estimates for Signet Jewelers' Q3 2025 earnings at $0.65 EPS.

SIG has been the topic of several other reports. Wells Fargo & Company boosted their target price on Signet Jewelers from $110.00 to $120.00 and gave the company an "overweight" rating in a research note on Friday, December 22nd. UBS Group boosted their target price on Signet Jewelers from $128.00 to $152.00 and gave the company a "buy" rating in a research note on Thursday. StockNews.com lowered Signet Jewelers from a "buy" rating to a "hold" rating in a research note on Tuesday, March 26th. Finally, Bank of America lowered their target price on Signet Jewelers from $110.00 to $100.00 and set a "neutral" rating on the stock in a research note on Thursday, March 21st. Four research analysts have rated the stock with a hold rating and three have issued a buy rating to the stock. According to data from MarketBeat, Signet Jewelers has an average rating of "Hold" and an average target price of $120.20.

Signet Jewelers Stock Down 4.1 %

Signet Jewelers stock traded down $4.30 during mid-day trading on Friday, reaching $101.74. 1,013,282 shares of the company's stock were exchanged, compared to its average volume of 742,971. The business's fifty day simple moving average is $100.44 and its 200 day simple moving average is $90.22. The firm has a market capitalization of $4.51 billion, a PE ratio of 7.07, a P/E/G ratio of 1.22 and a beta of 2.13. Signet Jewelers has a one year low of $57.10 and a one year high of $109.17.

Signet Jewelers (NYSE:SIG - Get Free Report) last announced its earnings results on Wednesday, March 20th. The company reported $6.73 earnings per share (EPS) for the quarter, beating the consensus estimate of $6.33 by $0.40. The company had revenue of $2.50 billion for the quarter, compared to analysts' expectations of $2.55 billion. Signet Jewelers had a return on equity of 32.26% and a net margin of 11.30%. Signet Jewelers's quarterly revenue was down 6.3% on a year-over-year basis. During the same quarter in the previous year, the firm earned $5.52 earnings per share.

Signet Jewelers Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, May 24th. Stockholders of record on Friday, April 26th will be given a $0.29 dividend. The ex-dividend date of this dividend is Thursday, April 25th. This is a boost from Signet Jewelers's previous quarterly dividend of $0.23. This represents a $1.16 annualized dividend and a dividend yield of 1.14%. Signet Jewelers's payout ratio is 6.14%.

Insider Activity

In related news, insider Stash Ptak sold 750 shares of the business's stock in a transaction dated Friday, January 12th. The stock was sold at an average price of $100.36, for a total transaction of $75,270.00. Following the completion of the transaction, the insider now directly owns 23,321 shares in the company, valued at $2,340,495.56. The transaction was disclosed in a document filed with the SEC, which is available through this link. In related news, insider Stash Ptak sold 750 shares of the business's stock in a transaction dated Friday, January 12th. The stock was sold at an average price of $100.36, for a total transaction of $75,270.00. Following the completion of the transaction, the insider now directly owns 23,321 shares in the company, valued at $2,340,495.56. The transaction was disclosed in a document filed with the SEC, which is available through this link. Also, insider Howard A. Melnick sold 1,000 shares of the business's stock in a transaction dated Monday, January 22nd. The stock was sold at an average price of $99.60, for a total value of $99,600.00. Following the transaction, the insider now owns 65,999 shares of the company's stock, valued at $6,573,500.40. The disclosure for this sale can be found here. Over the last three months, insiders sold 92,435 shares of company stock worth $8,987,931. 4.54% of the stock is owned by corporate insiders.

Hedge Funds Weigh In On Signet Jewelers

A number of hedge funds and other institutional investors have recently modified their holdings of the company. Vanguard Group Inc. boosted its holdings in shares of Signet Jewelers by 0.5% in the 1st quarter. Vanguard Group Inc. now owns 6,181,170 shares of the company's stock worth $449,370,000 after purchasing an additional 31,035 shares in the last quarter. Dimensional Fund Advisors LP boosted its holdings in shares of Signet Jewelers by 2.3% in the 4th quarter. Dimensional Fund Advisors LP now owns 2,323,982 shares of the company's stock worth $249,272,000 after purchasing an additional 51,397 shares in the last quarter. Victory Capital Management Inc. boosted its holdings in shares of Signet Jewelers by 10.8% in the 4th quarter. Victory Capital Management Inc. now owns 1,843,906 shares of the company's stock worth $125,386,000 after purchasing an additional 179,321 shares in the last quarter. State Street Corp boosted its holdings in shares of Signet Jewelers by 2.5% in the 1st quarter. State Street Corp now owns 1,769,053 shares of the company's stock worth $128,610,000 after purchasing an additional 42,874 shares in the last quarter. Finally, Pacer Advisors Inc. boosted its holdings in shares of Signet Jewelers by 38.3% in the 4th quarter. Pacer Advisors Inc. now owns 1,262,773 shares of the company's stock worth $135,445,000 after purchasing an additional 349,771 shares in the last quarter.

Signet Jewelers Company Profile

Signet Jewelers Limited operates as a diamond jewelry retailer. It operates through three segments: North America, International, and Other. The North America segment operates jewelry stores in jewelry stores in malls, mall-based kiosks, and off-mall locations in the United States and Canada primarily under the Kay Jewelers, Kay Jewelers Outlet, Jared The Galleria Of Jewelry, Jared Vault, Zales Outlet, Zales Jewelers, Diamonds Direct, James Allen, Banter by Piercing Pagoda, and Peoples Jewellers names, as well as operates online through its digital banners, James Allen and Blue Nile.