Signet Jewelers (SIG) stock is climbing 6.1% to $68.32 on Thursday morning, despite the retailer posting weaker-than-expected guidance for fiscal 2018. Two other components making moves today are Seagate Technology, trading down 2.8%, and Mosaic, trading up 5.4% on the day. Select merchandise and selling channels performed relatively well such as diamond fashion jewelry, bracelets, earrings, and the off-mall and kiosk selling channels. Signet Jewelers Limited (NYSE:SIG) announced its results for the 13 weeks and 52 weeks ended January 28, 2017. It is predicted to add 4% on day 1 and jump 5% on day 7 after the company reports upcoming earnings. While the actual EPS the company reported in the same quarter previous year was 3.63/share.
Shares of Signet Jewelers Limited are presently 10.36% off the 52 week low.
Sell-side analysts are offering a consensus "Buy" rating on shares of Signet Jewelers Limited (NYSE:SIG). The stock has a 50-day moving average of $74.57 and a 200 day moving average of $82.74.
Jabil Circuit Inc. (NYSE:JBL) shows its Return on Assets (ROA) value of 2.1 percent, while the Return on Equity (ROE) value is 8.6 percent and Return on Investment (ROI) value stands at 8.6 percent.
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During the past year Signet Jewelers's shares have decreased by -43.47% from 110.87 to 62.68. WMS Partners LLC boosted its position in Signet Jewelers by 3.4% in the second quarter. The current consensus recommendation provided by covering analysts is 2.30. The 1-year price target of the company is 102.31.
In front of fourth-quarter earnings release on Thursday, Mar 09, 2017, 14 analysts are forecasting profits of $4.01 per share, with views ranging from an ultra-tight $3.97 to $4.05.
In the past 5 years, the stock showed growth of 5.78% per annum. The company said its e-commerce sales fell 2.7% compared with the year-ago fourth quarter, which it blamed on technical issues during the holiday period. While for the next 5 years, the growth estimate is 12%.
The stock is now trading at a distance of -11.37% from SMA-20. TheStreet lowered shares of Signet Jewelers from a "b-" rating to a "c+" rating in a report on Friday, February 10th. According to First Call, the current consensus target price on shares is sitting at $104.08. Further, the Washington Post has published an article that approximately 250 former employees of Signet Jewelers, a wholly owned subsidiary of Signet, has claimed in sworn statements that Sterling executives presided over a corporate culture that has fostered rampant sexual harassment and discrimination. The firm has a market capitalization of $4.45 billion, a P/E ratio of 9.5704 and a beta of 1.20.