Signet Jewelers (NYSE:SIG) Updates FY26 Earnings Guidance

Signet Jewelers (NYSE:SIG) issued an update on its FY26 earnings guidance on Wednesday morning. The company provided earnings per share guidance of $7.31-9.10 for the period, compared to the consensus earnings per share estimate of $9.00. The company issued revenue guidance of $6.53-6.80 billion, compared to the consensus revenue estimate of $6.74 billion. Signet Jewelers also updated its FY 2026 guidance to 7.310-9.100 EPS.

Signet Jewelers Stock Performance

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

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

Analyst Ratings Changes

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

Insider Buying and Selling at Signet Jewelers

In other Signet Jewelers news, Director Eugenia Ulasewicz sold 3,333 shares of the stock in a transaction that occurred on Friday, February 21st. The shares were sold at an average price of $54.13, for a total value of $180,415.29. Following the completion of the sale, the director now owns 22,752 shares of the company’s stock, valued at $1,231,565.76. This trade represents a 12.78 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. 3.26% of the stock is owned by corporate insiders.

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.