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 (EPS) guidance of $7.31-9.10 for the period, compared to the consensus 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 Trading Up 17.5 %

NYSE:SIG opened at $56.73 on Thursday. Signet Jewelers has a 52 week low of $45.55 and a 52 week high of $112.06. The company has a quick ratio of 0.25, a current ratio of 1.55 and a debt-to-equity ratio of 0.14. The company’s 50 day moving average price is $55.25 and its 200-day moving average price is $78.66. The stock 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 announced its quarterly earnings data on Wednesday, March 19th. The company reported $6.62 EPS for the quarter, beating the consensus estimate of $6.39 by $0.23. The firm had revenue of $2.35 billion for the quarter, compared to the consensus estimate of $2.33 billion. Signet Jewelers had a net margin of 8.57% and a return on equity of 28.69%. The company’s revenue was down 5.8% on a year-over-year basis. During the same period last year, the firm earned $6.73 EPS. On average, equities research analysts forecast that Signet Jewelers will post 8.73 earnings per share for the current fiscal year.

Analysts Set New Price Targets

Several equities research analysts have recently commented on SIG shares. Bank of America reduced their price target on shares of Signet Jewelers from $95.00 to $65.00 and set a “neutral” rating for the company in a report on Wednesday, January 15th. 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. Wells Fargo & Company dropped their price objective on shares of Signet Jewelers from $110.00 to $95.00 and set an “overweight” rating on the stock in a report on Wednesday, January 15th. Finally, StockNews.com cut shares of Signet Jewelers from a “buy” rating to a “hold” rating in a research note on Friday, December 6th. Three research analysts have rated the stock with a hold rating and three have given a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $93.20.

Insider Activity

In other news, Director Eugenia Ulasewicz sold 3,333 shares of the business’s stock in a transaction that occurred on Friday, February 21st. The shares were 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 owns 22,752 shares in the company, valued at approximately $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. 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.