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

Signet Jewelers (NYSE:SIG) updated its FY 2026 earnings guidance on Wednesday. The company provided earnings per share guidance of 7.310-9.100 for the period, compared to the consensus earnings per share 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.

Wall Street Analysts Forecast Growth

A number of brokerages have issued reports on SIG. Bank of America decreased their target price on Signet Jewelers from $95.00 to $65.00 and set a “neutral” rating for the company in a research report on Wednesday, January 15th. StockNews.com lowered shares of Signet Jewelers from a “buy” rating to a “hold” rating in a research report on Friday, December 6th. Wells Fargo & Company cut their target price on shares of Signet Jewelers from $110.00 to $95.00 and set an “overweight” rating for the company in a research report on Wednesday, January 15th. Finally, Telsey Advisory Group reissued a “market perform” rating and set a $55.00 target price on shares of Signet Jewelers in a research report on Wednesday. Three equities 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, the company currently has an average rating of “Moderate Buy” and an average target price of $93.20.

Signet Jewelers Stock Performance

NYSE:SIG opened at $56.73 on Thursday. The firm’s 50-day moving average is $55.25 and its 200-day moving average is $78.66. Signet Jewelers has a 52-week low of $45.55 and a 52-week high of $112.06. The company has a debt-to-equity ratio of 0.14, a quick ratio of 0.25 and a current ratio of 1.55. The company has a market cap of $2.47 billion, a price-to-earnings ratio of 6.53, a PEG ratio of 3.43 and a beta of 2.20.

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

Insider Transactions at Signet Jewelers

In related news, Director Eugenia Ulasewicz sold 3,333 shares of the company’s stock in a transaction dated Friday, February 21st. The shares were sold at an average price of $54.13, for a total value of $180,415.29. Following the sale, the director now owns 22,752 shares of the company’s stock, valued at $1,231,565.76. The trade was a 12.78 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Insiders own 3.26% of the company’s stock.

About Signet Jewelers

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.