Signet Jewelers (NYSE:SIG) Issues FY 2027 Earnings Guidance

Signet Jewelers (NYSE:SIG) issued an update on its FY 2027 earnings guidance on Wednesday. The company provided earnings per share guidance of 10.450-12.150 for the period, compared to the consensus earnings per share estimate of 10.790. The company issued revenue guidance of $6.7 billion-$6.9 billion, compared to the consensus revenue estimate of $6.8 billion. Signet Jewelers also updated its Q3 2027 guidance to EPS.

Analyst Ratings Changes

SIG has been the subject of several analyst reports. Wells Fargo & Company reissued a “mixed” rating on shares of Signet Jewelers in a research report on Wednesday, June 3rd. Citigroup reaffirmed a “buy” rating on shares of Signet Jewelers in a research report on Tuesday, August 25th. Weiss Ratings reiterated a “hold (c)” rating on shares of Signet Jewelers in a research note on Monday, July 6th. UBS Group lifted their target price on Signet Jewelers from $121.00 to $122.00 and gave the stock a “buy” rating in a report on Monday, August 24th. Finally, Zacks Research cut Signet Jewelers from a “strong-buy” rating to a “hold” rating in a research note on Monday, August 24th. One investment analyst has rated the stock with a Strong Buy rating, five have issued a Buy rating and five have given a Hold rating to the company’s stock. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $113.62.

Signet Jewelers Stock Down 2.7%

SIG opened at $82.98 on Wednesday. The stock has a market capitalization of $3.26 billion, a price-to-earnings ratio of 11.64, a PEG ratio of 0.89 and a beta of 1.11. The firm has a 50 day moving average price of $87.98 and a 200-day moving average price of $87.79. Signet Jewelers has a twelve month low of $71.61 and a twelve month high of $110.20.

Signet Jewelers (NYSE:SIG) last issued its earnings results on Wednesday, September 9th. The company reported $21.90 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.69 by $20.21. Signet Jewelers had a net margin of 4.29% and a return on equity of 22.54%. The company had revenue of $1.53 billion for the quarter, compared to analysts’ expectations of $1.53 billion. Signet Jewelers has set its FY 2027 guidance at 10.450-12.150 EPS. As a group, analysts expect that Signet Jewelers will post 10.66 earnings per share for the current year.

Key Signet Jewelers News

Here are the key news stories impacting Signet Jewelers this week:

• Positive Sentiment: Signet reported fiscal Q2 EPS of $21.90, far exceeding the $1.69 analyst consensus. Quarterly revenue of $1.53 billion matched expectations, while management cited comparable-sales growth across all fine-jewelry brands and high-single-digit unit growth at higher price points. Signet Jewelers Reports Second Quarter Fiscal 2027 Results
• Positive Sentiment: Fiscal 2027 EPS guidance is $10.45-$12.15, with a midpoint of $11.30 above the $10.79 consensus estimate. Full-year revenue guidance of $6.7-$6.9 billion is centered at $6.8 billion, matching expectations and supporting a stable outlook.
• Positive Sentiment: Stephens reaffirmed its “overweight” rating and maintained a $130 price target, implying substantial upside from recent trading levels.
• Neutral Sentiment: Third-quarter revenue guidance of approximately $1.4 billion is broadly consistent with analyst expectations. The company’s update did not provide a clearly stated third-quarter EPS figure in the available release, limiting visibility into near-term profitability.
• Negative Sentiment: The unusually large EPS beat may not be fully reflective of recurring operating performance, given the wide gap between reported EPS and consensus. With revenue guidance essentially in line, investors may be looking for stronger forward sales growth or additional detail on earnings quality before pushing the stock higher.

Institutional Trading of Signet Jewelers

Several large investors have recently modified their holdings of the company. Hsbc Holdings PLC bought a new stake in shares of Signet Jewelers in the fourth quarter worth $231,000. Invesco Ltd. lifted its holdings in Signet Jewelers by 18.3% in the fourth quarter. Invesco Ltd. now owns 238,776 shares of the company’s stock valued at $19,790,000 after acquiring an additional 36,927 shares during the period. Mercer Global Advisors Inc. ADV lifted its holdings in Signet Jewelers by 21.2% in the fourth quarter. Mercer Global Advisors Inc. ADV now owns 2,548 shares of the company’s stock valued at $211,000 after acquiring an additional 445 shares during the period. XTX Topco Ltd purchased a new position in Signet Jewelers in the fourth quarter worth about $221,000. Finally, Voloridge Investment Management LLC purchased a new position in Signet Jewelers in the fourth quarter worth about $17,923,000.

About Signet Jewelers

Signet Jewelers Ltd is the world’s largest retailer of diamond jewelry, operating a diversified network of retail stores across the United States, Canada, the United Kingdom and Ireland. Its portfolio includes well-established banners such as Kay Jewelers, Zales, Jared The Galleria of Jewelry, H.Samuel, Ernest Jones, Peoples and Piercing Pagoda, offering customers a range of shopping environments from suburban malls to high-street locations.

The company’s product assortment encompasses engagement rings, wedding bands, fine fashion jewelry and timepieces, complemented by services including jewelry cleaning, repairs, appraisals and extended care plans.