Analyst Scoreboard: 5 Ratings For Signet Jewelers

Across the recent three months, 5 analysts have shared their insights on Signet Jewelers SIG, expressing a variety of opinions spanning from bullish to bearish.

In the table below, you'll find a summary of their recent ratings, revealing the shifting sentiments over the past 30 days and comparing them to the previous months.

The 12-month price targets assessed by analysts reveal further insights, featuring an average target of $114.4, a high estimate of $134.00, and a low estimate of $100.00. Observing a downward trend, the current average is 2.01% lower than the prior average price target of $116.75.

Breaking Down Analyst Ratings: A Detailed Examination

The perception of Signet Jewelers by financial experts is analyzed through recent analyst actions. The following summary presents key analysts, their recent evaluations, and adjustments to ratings and price targets.

Key Insights:

• Action Taken: Analysts respond to changes in market conditions and company performance, frequently updating their recommendations. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their reaction to recent developments related to Signet Jewelers. This information offers a snapshot of how analysts perceive the current state of the company.
• Rating: Delving into assessments, analysts assign qualitative values, from 'Outperform' to 'Underperform'. These ratings communicate expectations for the relative performance of Signet Jewelers compared to the broader market.
• Price Targets: Analysts explore the dynamics of price targets, providing estimates for the future value of Signet Jewelers's stock. This examination reveals shifts in analysts' expectations over time.

For valuable insights into Signet Jewelers's market performance, consider these analyst evaluations alongside crucial financial indicators. Stay well-informed and make prudent decisions using our Ratings Table.

Stay up to date on Signet Jewelers analyst ratings.

All You Need to Know About Signet Jewelers

Signet Jewelers Ltd is a retailer of diamond jewelry. Its merchandise mix includes bridal, fashion, watches and others. The bridal category includes engagement, wedding and anniversary purchases. Its segments are the North America segment, the International segment, and the Other segment. The North America segment contributes to the majority of the revenue.

A Deep Dive into Signet Jewelers's Financials

Market Capitalization: With restricted market capitalization, the company is positioned below industry averages. This reflects a smaller scale relative to peers.

Revenue Challenges: Signet Jewelers's revenue growth over 3 months faced difficulties. As of 31 October, 2023, the company experienced a decline of approximately -12.06%. This indicates a decrease in top-line earnings. In comparison to its industry peers, the company trails behind with a growth rate lower than the average among peers in the Consumer Discretionary sector.

Net Margin: Signet Jewelers's net margin excels beyond industry benchmarks, reaching 0.22%. This signifies efficient cost management and strong financial health.

Return on Equity (ROE): Signet Jewelers's ROE excels beyond industry benchmarks, reaching 0.19%. This signifies robust financial management and efficient use of shareholder equity capital.

Return on Assets (ROA): Signet Jewelers's ROA stands out, surpassing industry averages. With an impressive ROA of 0.05%, the company demonstrates effective utilization of assets and strong financial performance.

Debt Management: Signet Jewelers's debt-to-equity ratio is below the industry average. With a ratio of 0.81, the company relies less on debt financing, maintaining a healthier balance between debt and equity, which can be viewed positively by investors.

Analyst Ratings: Simplified

Within the domain of banking and financial systems, analysts specialize in reporting for specific stocks or defined sectors. Their work involves attending company conference calls and meetings, researching company financial statements, and communicating with insiders to publish "analyst ratings" for stocks. Analysts typically assess and rate each stock once per quarter.

Some analysts publish their predictions for metrics such as growth estimates, earnings, and revenue to provide additional guidance with their ratings. When using analyst ratings, it is important to keep in mind that stock and sector analysts are also human and are only offering their opinions to investors.

This article was generated by Benzinga's automated content engine and reviewed by an editor.