Should You Hold Signet Jewelers Limited (NYSE:SIG)

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Signet Jewelers Limited (NYSE:SIG) closed its last session at $55.22. The stock traded within a range of $52.39 and $56.28. The company operates in the Consumer Cyclical sector with a market capitalization of 3.32 Million. Trading volume for Signet Jewelers Limited was 5.8 Million in its previous trading session. Currently, Signet Jewelers Limited (NYSE:SIG) has an average volume of 2.64 Million.

Company Profile

Signet Jewelers Ltd. is engaged in retailing of jewelry, watches and associated services. The company operates primarily in the United States, the United Kingdom, the Republic of Ireland and the Channel Islands. Signet Jewelers Ltd., formerly known as Signet Group PLC, is based in Hamilton, Bermuda.

Analyst Views

Signet Jewelers Limited (NYSE:SIG) received a Buy rating from 1 analysts. 1 analysts gave its stock an Outperform rating. 2 analysts say it’s a Hold while 0 analysts provided their expert opinion as Sell.

Signet Jewelers Limited (NYSE:SIG) touched its 1-Year High price of $86.35 on 01/13/17 and its 1-Year Low price of $46.09 on 05/31/17.

EPS & Financials

Signet Jewelers Limited (NYSE:SIG) reported its EPS in the last quarter as $-0.2/Share lagging the analyst estimate of $0.1/Share by a difference of $-0.3. This showed a surprise of -300% in the last quarter earnings.

For the current quarter, 12 analysts are projecting a mean EPS of $4.04/share. According to their observations and findings, the stock could provide a high EPS of $4.84/share and a low EPS of $3.42/share.

Analysts believe that the company has the potential to earn average revenue of $2.25 Billion for the current quarter. According to their predictions high & low revenue estimates are 2.33 Billion and 2.12 Billion respectively.

Technical Analysis

By taking a look at the stock’s current statistics it can gauged that the stock candle is BULLISH with HIGH volatility. Signet Jewelers Limited (NYSE:SIG) has a 20-Day average volume of 2.68 Million. According to today’s trading volume Signet Jewelers Limited is ABOVE its 20-Day Avg. volume with the stock showing ABOVE Abnormal volume in the past 150 days.

Moving average convergence divergence (MACD) shows that the stock is on a PRICE RELATIVITY trend. The trend for the past 10-days shows that the company was in BEARISH territory while an analysis of the last 40-Day trend shows a BEARISH signal. The 100-Day trend also shows a BEARISH trend as well.

The company currently has an insider ownership of 0.5 Percent and Institutional ownership of 0 Percent. The return on assets stands at 6.9%, Return on Equity currently is 18.4% and the Return on Investment value is 15.2%.

Signet Jewelers Limited (NYSE:SIG) gross margin percentage stands at 35.6% while its operating margin for the past trailing twelve month is 10.5 percent and its overall profit margin (ttm) is 6.9 Percent. The stock is currently moving below its 20-Day Simple Moving Average of -0.05% with a 50-Day Simple Moving Average of -6.25 percent. As of today, the company has a SMA200 (200-day simple moving average) of -9.93 Percent. The Stock has YTD (year to date) performance of -2.35 percent.

The TTM operating margin for the company stands at 10.5%. The return on invested capital is at 15.2%, which is good, compared to its peers. The Free Cash Flow or FCF margin is 2.25.

The company’s stock is currently moving with a -ve distance from the 200 day SMA of approximately -9.93%, and has a solid year to date (YTD) performance of -2.35% which means that the stock is constantly adding to its value from the previous fiscal year end price.