$0.19 EPS Expected for Signet Jewelers Limited (SIG)

August 13, 2018 - By Michael Collier

Signet Jewelers Limited (NYSE:SIG) LogoInvestors sentiment increased to 1.01 in 2018 Q1. Its up 0.19, from 0.82 in 2017Q4. It is positive, as 69 investors sold Signet Jewelers Limited shares while 68 reduced holdings. 40 funds opened positions while 99 raised stakes. 54.73 million shares or 17.64% less from 66.46 million shares in 2017Q4 were reported.
Earnest Prtn Lc owns 37 shares. Amica Retiree Med owns 154 shares or 0.01% of their US portfolio. Alliancebernstein Limited Partnership accumulated 2.32M shares or 0.06% of the stock. Pennsylvania-based Pnc Serv Grp Inc has invested 0% in Signet Jewelers Limited (NYSE:SIG). Carroll Financial Associate Inc owns 21 shares. Bnp Paribas Arbitrage Sa accumulated 174,300 shares or 0% of the stock. Wells Fargo And Mn owns 354,948 shares for 0% of their portfolio. Susquehanna Int Gp Ltd Liability Partnership has 0% invested in Signet Jewelers Limited (NYSE:SIG). Ny State Teachers Retirement System has 129,070 shares for 0.01% of their portfolio. Horizon Limited Liability Com holds 0.01% in Signet Jewelers Limited (NYSE:SIG) or 8,346 shares. Franklin Resource holds 0% or 71,785 shares. Snow Cap Limited Partnership reported 0.08% stake. 35,624 are owned by Twin Management. Fincl Bank Of Montreal Can accumulated 115,823 shares. Paloma Ptnrs Mngmt invested in 12,300 shares or 0.01% of the stock.

Since April 13, 2018, it had 1 buy, and 0 sales for $349,905 activity.

Analysts expect Signet Jewelers Limited (NYSE:SIG) to report $0.19 EPS on August, 30 before the open.They anticipate $1.14 EPS change or 85.71 % from last quarter’s $1.33 EPS. SIG’s profit would be $11.25M giving it 78.75 P/E if the $0.19 EPS is correct. After having $0.10 EPS previously, Signet Jewelers Limited’s analysts see 90.00 % EPS growth. The stock increased 0.23% or $0.14 during the last trading session, reaching $59.85. About 754,077 shares traded. Signet Jewelers Limited (NYSE:SIG) has declined 15.25% since August 13, 2017 and is downtrending. It has underperformed by 27.82% the S&P500.

Signet Jewelers Limited (NYSE:SIG) Ratings Coverage

Among 10 analysts covering Signet Jewelers Limited (NYSE:SIG), 0 have Buy rating, 0 Sell and 10 Hold. Therefore 0 are positive. Signet Jewelers Limited had 12 analyst reports since March 12, 2018 according to SRatingsIntel. Nomura downgraded Signet Jewelers Limited (NYSE:SIG) on Tuesday, July 31 to “Neutral” rating. As per Thursday, March 15, the company rating was maintained by Cowen & Co. On Thursday, March 15 the stock rating was downgraded by Needham to “Hold”. Nomura maintained it with “Buy” rating and $62 target in Thursday, June 21 report. The rating was maintained by Citigroup on Friday, June 8 with “Neutral”. As per Wednesday, March 14, the company rating was maintained by Wells Fargo. On Tuesday, April 10 the stock rating was maintained by JP Morgan with “Neutral”. Bank of America downgraded Signet Jewelers Limited (NYSE:SIG) on Tuesday, March 20 to “Neutral” rating. Susquehanna maintained the shares of SIG in report on Thursday, March 15 with “Hold” rating. As per Thursday, March 15, the company rating was maintained by Buckingham Research.

Signet Jewelers Limited engages in the retail sale of diamond jewelry, watches, and other products in the United States, Canada, Puerto Rico, the United Kingdom, the Republic of Ireland, and the Channel Islands. The company has market cap of $3.54 billion. The Company’s Sterling Jewelers division operates stores in malls and off-mall locations primarily under the Kay Jewelers, Kay Jewelers Outlet, Jared The Galleria Of Jewelry, Jared Vault, and various mall regional brands. It currently has negative earnings. As of January 28, 2017, this division operated 1,588 stores.

More recent Signet Jewelers Limited (NYSE:SIG) news were published by: Benzinga.com which released: “Acushnet, Signet Jewelers Downgraded After Hitting Nomura’s Price Target” on July 31, 2018. Also Streetinsider.com published the news titled: “Nomura/Instinet Downgrades Signet Jewelers (SIG) to Neutral” on July 31, 2018. 247Wallst.com‘s news article titled: “Top Analyst Upgrades and Downgrades: Athenahealth, Illumina, Northrop Grumman, Square, Twitter, Yamana Gold …” with publication date: July 31, 2018 was also an interesting one.

Signet Jewelers Limited (NYSE:SIG) Ratings Chart

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