Signet Jewelers Limited (NYSE:SIG) announced its quarterly earnings results on Tuesday. The company reported $0.15 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.23 by ($0.08), reports. Signet Jewelers Limited had a return on equity of 20.86% and a net margin of 7.62%. The business had revenue of $1.16 billion during the quarter, compared to the consensus estimate of $1.16 billion. During the same quarter last year, the company earned $0.30 earnings per share. The firm’s revenue was down 2.5% compared to the same quarter last year. Signet Jewelers Limited updated its FY18 guidance to $6.10-6.50 EPS.

Signet Jewelers Limited (NYSE:SIG) traded down $0.74 on Tuesday, reaching $75.84. The company had a trading volume of 2,826,000 shares, compared to its average volume of 1,755,126. The company has a market capitalization of $4,630.00, a PE ratio of 11.45, a PEG ratio of 1.43 and a beta of 1.03. The company has a current ratio of 2.40, a quick ratio of 1.14 and a debt-to-equity ratio of 0.32. Signet Jewelers Limited has a 1-year low of $46.09 and a 1-year high of $101.46.

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, November 30th. Investors of record on Friday, October 27th will be given a $0.31 dividend. The ex-dividend date is Thursday, October 26th. This represents a $1.24 dividend on an annualized basis and a dividend yield of 1.64%. Signet Jewelers Limited’s dividend payout ratio (DPR) is presently 20.13%.

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A number of research firms have recently issued reports on SIG. Zacks Investment Research raised Signet Jewelers Limited from a “hold” rating to a “buy” rating and set a $71.00 price objective for the company in a research report on Monday, September 4th. Instinet restated a “buy” rating and set a $73.00 price objective (up previously from $70.00) on shares of Signet Jewelers Limited in a research note on Monday, August 28th. ValuEngine lowered Signet Jewelers Limited from a “buy” rating to a “hold” rating in a research note on Friday, September 1st. Cowen and Company reiterated a “market perform” rating and issued a $67.00 price target (up previously from $61.00) on shares of Signet Jewelers Limited in a research note on Tuesday, September 12th. Finally, BidaskClub upgraded Signet Jewelers Limited from a “sell” rating to a “hold” rating in a research note on Monday, July 31st. Twelve analysts have rated the stock with a hold rating and six have assigned a buy rating to the stock. The stock currently has an average rating of “Hold” and a consensus price target of $69.60.

About Signet Jewelers Limited

Signet Jewelers Limited is a retailer of diamond jewelry. The Company’s segments include the Sterling Jewelers division; the Zale division, which consists of the Zale Jewelry and Piercing Pagoda segments; the UK Jewelry division, and Other. The Sterling Jewelers division’s stores operate in the United States principally as Kay Jewelers (Kay), Kay Jewelers Outlet, Jared The Galleria Of Jewelry (Jared) and Jared Vault.

Earnings History for Signet Jewelers Limited (NYSE:SIG)

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