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

Signet Jewelers (NYSE:SIG) issued an update on its FY 2027 earnings guidance on Wednesday morning. The company provided earnings per share guidance of 10.450-12.150 for the period, compared to the consensus EPS 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.

Analysts Set New Price Targets

A number of equities analysts have recently issued reports on SIG shares. Stephens reissued an “overweight” rating and issued a $130.00 target price on shares of Signet Jewelers in a report on Tuesday. Citigroup reaffirmed a “buy” rating on shares of Signet Jewelers in a report on Tuesday, August 25th. Raymond James Financial started coverage on shares of Signet Jewelers in a report on Thursday, July 23rd. They set an “outperform” rating and a $105.00 price target for the company. Zacks Research lowered shares of Signet Jewelers from a “strong-buy” rating to a “hold” rating in a report on Monday, August 24th. Finally, Wells Fargo & Company reissued a “mixed” rating on shares of Signet Jewelers in a report on Wednesday, June 3rd. One analyst has rated the stock with a Strong Buy rating, five have assigned a Buy rating and five have given a Hold rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $113.62.

Signet Jewelers Price Performance

Shares of Signet Jewelers stock opened at $82.98 on Wednesday. The firm has a market cap of $3.26 billion, a P/E ratio of 11.64, a P/E/G ratio of 0.89 and a beta of 1.11. Signet Jewelers has a fifty-two week low of $71.61 and a fifty-two week high of $110.20. The firm has a 50 day simple moving average of $87.98 and a 200 day simple moving average of $87.79.

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

Institutional investors have recently bought and sold shares of the business. Royal Bank of Canada increased its holdings in Signet Jewelers by 87.2% in the first quarter. Royal Bank of Canada now owns 17,564 shares of the company’s stock valued at $1,020,000 after purchasing an additional 8,183 shares during the last quarter. Goldman Sachs Group Inc. boosted its holdings in Signet Jewelers by 33.5% during the first quarter. Goldman Sachs Group Inc. now owns 849,692 shares of the company’s stock worth $49,333,000 after buying an additional 213,365 shares during the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC grew its position in shares of Signet Jewelers by 9.8% during the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 122,573 shares of the company’s stock worth $7,117,000 after buying an additional 10,964 shares during the period. Prudential Financial Inc. grew its position in shares of Signet Jewelers by 55.4% during the 2nd quarter. Prudential Financial Inc. now owns 5,935 shares of the company’s stock worth $472,000 after buying an additional 2,116 shares during the period. Finally, EverSource Wealth Advisors LLC grew its holdings in Signet Jewelers by 171.2% during the second quarter. EverSource Wealth Advisors LLC now owns 678 shares of the company’s stock valued at $54,000 after purchasing an additional 428 shares during the period.

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.