
Signet Jewelers (SIG) Stock Forecast & Price Target
Signet Jewelers (SIG) Analyst Ratings
Bulls say
Signet Jewelers Ltd reported total sales growth of 3.0%, reaching $1.392 billion, with an increase in average unit retail prices (AURs) of 7.0% year-over-year, indicating strong consumer demand and pricing power. The company demonstrated improved profitability with a gross margin expansion of 130 basis points year-over-year to 37.3%, significantly surpassing both market consensus and internal expectations. Additionally, while operating expenses increased in dollar terms by 3.5%, the decline in selling, general, and administrative (SG&A) as a percentage of sales to 34.9% reflects effective cost management, contributing to an overall positive financial outlook for the retailer.
Bears say
Signet Jewelers is facing a negative outlook primarily due to disappointing revenue guidance for the fourth quarter, projecting comparable sales to decline between 5.0% and 0.5%. Additionally, the company anticipates a $0.04 drag on earnings per share (EPS) from a higher tax rate compared to consensus expectations, which further compounds financial pressures. The performance of its James Allen segment continues to be a concern, as it has underperformed and negatively impacted total comparable sales, contributing to a significant drag of 120 basis points in the latest quarter.
This aggregate rating is based on analysts' research of Signet Jewelers and is not a guaranteed prediction by Public.com or investment advice.
Signet Jewelers (SIG) Analyst Forecast & Price Prediction
Start investing in Signet Jewelers (SIG)
Order type
Buy in
Order amount
Est. shares
0 shares