SIG Stock Summary and Trading Ideas (Signet Jewelers Limited Common Shares | NYSE:SIG)

Signet Jewelers Ltd is a retailer of diamond jewelry. Its merchandise mix includes bridal, fashion, watches and others. The bridal category includes engagement, wedding and anniversary purchases. Its segments are the North America segment, the International segment, and the Other segment. The North America segment contributes to the majority of the revenue. The North America segment generates revenue from Mall and Off-mall & Outlet.

Signet Jewelers Limited Common Shares trades on the NYSE stock market under the symbol SIG.

As of April 23, 2024, SIG stock price climbed to $100.30 with 161,587 million shares trading.

SIG has a beta of 1.12, meaning it tends to be more sensitive to market movements. SIG has a correlation of 0.10 to the broad based SPY ETF.

SIG has a market cap of $4.46 billion. This is considered a Mid Cap stock.

Last quarter Signet Jewelers Limited Common Shares reported $2 billion in Revenue and $6.73 earnings per share. This fell short of revenue expectation by $-42 million and exceeded earnings estimates by $.38.

In the last 3 years, SIG stock traded as high as $111.92 and as low as $48.31.

The top ETF exchange traded funds that SIG belongs to (by Net Assets): IJR, CALF, VTI, VB, IWM.

SIG has outperformed the market in the last year with a return of +35.0%, while the SPY ETF gained +24.0%. However, in the most recent history, SIG shares have underperformed the stock market with its stock returning -1.1% in the last 3 month period and -3.8% for the last 2 week period, while SPY has returned +4.7% and -2.7%, respectively.

SIG support price is $97.20 and resistance is $103.02 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that SIG stock will trade within this expected range on the day.