What is the Fate of Signet Jewelers Limited (NYSE:SIG) After Earnings?

Signet Jewelers Limited (NYSE:SIG) moved down -3.07% and closed its last trading session at $89.6. This Retail-Wholesale Sector stock currently has the Market Capitalization of 6.91 Billion. The Average Volume for the stock is measured as 1.53 Million. The Stock has a 52-Week High of $141.98 and 52-Week Low of $72.65 following the dates, it touched its 52-Week High on Nov 23, 2015 and 52-Week Low on Sep 30, 2016. Currently, the Return on Assets value for the trailing twelve months is 8% with the Return on Equity and Return on Investment of 17.4% and 11.6% respectively. This firm currently has YTD (year to date) performance of -26.81 Percent which is not good. The Short Ratio for the stock is 8.57.

Signet Jewelers Limited (NYSE:SIG) Price to Earnings (P/E) ratio is 13.68. EPS or Earning per Share stands at $6.55. The TTM operating margin is 11.6 percent.

Signet Jewelers Limited (NYSE:SIG) is due to report its Earnings on Tue 22 Nov (In 6 Days). The estimated EPS for the current quarter is said to be $0.19. Following Earnings result, share price were UP 16 times out of last 27 Qtrs. The stock has reduced about -3.2% since it reported its last earnings. The Closing price of Signet Jewelers Limited (NYSE:SIG) at Last Earnings was $95.5 as compared to the previous closing price of $92.44. The Predicted Move on the 7th day after Signet Jewelers Limited (NYSE:SIG) will release its earnings at about 5%.

By Looking at Earnings History, Out of 12 Quarters when the Earnings were reported, Signet Jewelers Limited (NYSE:SIG) beats earnings by 58%, The Stock Missed Earnings  3  times and has met earnings  2  times.

Earnings History:

We will discuss the past Quarters Earnings below:

Signet Jewelers Limited (NYSE:SIG) reported its previous quarter on 08/25/2016 where it reported the Actual Earnings of $1.14. The Closing price before the company posted its earnings was $95.5. The Stock declined on the very next day of earnings and maintained its stock price at $83.44 by showing a % change of -12.63 percent from its previous closing price. The Next Day Volume after Earnings was reported as 10.81 Million. On the 7th day After Earnings Report, the stock hit its share price as $81.98 by showing -14.16% decrease from the Stock price Before Earnings were reported.

On 05/26/2016, the stock reported the EPS of $1.95 where Analysts were projecting the EPS to be $1.94 showing a difference of $0.01. Thus Surprise Factor was there with 0.5 percent. Before Earnings Announcement on 05/26/2016, the firm had its stock price of $108.05. And immediately on the next day after earnings announcement, the stock declined -10.5% and closed its trading session at $96.71. On 7th Day after earnings release, Signet Jewelers Limited (NYSE:SIG) dropped to -8.89% from $108.05 to $98.44.

On 03/24/2016, Analysts were suspecting EPS of $3.59/share where Signet Jewelers Limited (NYSE:SIG) reported its Actual EPS of $3.63. Thus showing a Surprise of 1.1 percent. The Closing Price of the stock before earnings was $117.39 while on the Next day the stock closed its trading session at $120.78 with a percentage change of 2.89% from the price of 117.39 before Earnings. The Stock Closing Price on the 7th day of earnings was $119.05.

Company Profile:

Signet Jewelers Limited engages in the retail sale of diamond jewelry and watches in the United States, Canada, Puerto Rico, the United Kingdom, the Republic of Ireland, and the Channel Islands. Its Sterling Jewelers division operates stores in malls and off-mall locations under the Kay Jewelers, Kay Jewelers Outlet, Jared The Galleria Of Jewelry, Jared Vault, Jared Jewelry Boutique, JB Robinson Jewelers, Marks & Morgan Jewelers, Every kiss begins with Kay, He went to Jared, Celebrate Life. Express Love., the Leo Diamond, Hearts Desire, Artistry Diamonds, Charmed Memories, Diamonds in Rhythm, Open Hearts by Jane Seymour, Radiant Reflections, Colors in Rhythm, Chosen by Jared, Now and Forever, and Ever Us names. As of January 30, 2016, this segment operated 1,540 stores. The company’s Zale division operates jewelry stores and mall-based kiosks in shopping malls under the Zales, Zales Jewelers, Zales the Diamond Store, Zales Outlet, Gordon’s Jewelers, Peoples Jewellers, Peoples the Diamond Store, Peoples Outlet the Diamond Store, Mappins, Piercing Pagoda, Arctic Brilliance Canadian Diamonds, Candy Colored Jewelry, Celebration Diamond, The Celebration Diamond Collection, Unstoppable Love, and Endless Brilliance names. This segment operated 977 jewelry stores and 605 mall-based kiosks. Its UK Jewelry division operates stores in shopping malls and off-mall locations under the H.Samuel, Ernest Jones, Ernest Jones Outlet Collection, Leslie Davis, and Forever Diamonds names. This segment operated 503 stores. The company also operates a diamond polishing factory, which is involved in diamond sourcing, cutting, and polishing activities. Signet Jewelers Limited was founded in 1950 and is based in Hamilton, Bermuda.