Signet Jewelers (NYSE:SIG) Issues FY 2026 Earnings Guidance

Signet Jewelers (NYSE:SIG) updated its FY 2026 earnings guidance on Wednesday. The company provided EPS guidance of 7.310-9.100 for the period, compared to the consensus EPS estimate of 9.000. The company issued revenue guidance of $6.5 billion-$6.8 billion, compared to the consensus revenue estimate of $6.7 billion. Signet Jewelers also updated its FY26 guidance to $7.31-9.10 EPS.

Analyst Ratings Changes

A number of research firms recently issued reports on SIG. Bank of America lowered their target price on Signet Jewelers from $95.00 to $65.00 and set a “neutral” rating on the stock in a report on Wednesday, January 15th. Wells Fargo & Company lowered their target price on Signet Jewelers from $110.00 to $95.00 and set an “overweight” rating on the stock in a report on Wednesday, January 15th. Telsey Advisory Group reissued a “market perform” rating and issued a $55.00 price target on shares of Signet Jewelers in a research note on Wednesday. Finally, StockNews.com cut Signet Jewelers from a “buy” rating to a “hold” rating in a research note on Friday, December 6th. Three investment analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $93.20.

Signet Jewelers Trading Up 17.5 %

Shares of SIG opened at $56.73 on Thursday. Signet Jewelers has a 1-year low of $45.55 and a 1-year high of $112.06. The stock has a market capitalization of $2.47 billion, a P/E ratio of 6.53, a P/E/G ratio of 3.43 and a beta of 2.20. The company has a current ratio of 1.55, a quick ratio of 0.25 and a debt-to-equity ratio of 0.14. The business’s 50-day moving average price is $55.25 and its 200 day moving average price is $78.66.

Signet Jewelers (NYSE:SIG) last announced its quarterly earnings data on Wednesday, March 19th. The company reported $6.62 EPS for the quarter, topping analysts’ consensus estimates of $6.39 by $0.23. Signet Jewelers had a return on equity of 28.69% and a net margin of 8.57%. The firm had revenue of $2.35 billion during the quarter, compared to analyst estimates of $2.33 billion. During the same period last year, the company posted $6.73 EPS. The business’s quarterly revenue was down 5.8% compared to the same quarter last year. Analysts expect that Signet Jewelers will post 8.73 earnings per share for the current year.

Insiders Place Their Bets

In other news, Director Eugenia Ulasewicz sold 3,333 shares of Signet Jewelers stock in a transaction dated Friday, February 21st. The stock was sold at an average price of $54.13, for a total transaction of $180,415.29. Following the completion of the sale, the director now directly owns 22,752 shares in the company, valued at $1,231,565.76. The trade was a 12.78 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Corporate insiders own 3.26% of the company’s stock.

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.