Signet's stock price rises, outperforming the market and sector trends

From Nasdaq: 2024-11-25 18:00:04

In the latest market close, Signet (SIG) reached $104.13, with a +1.49% movement compared to the previous day, outpacing the S&P 500. Signet’s shares gained 11.69% in the past month, surpassing the sector and S&P 500. Analysts are eagerly anticipating Signet’s earnings report on December 5, 2024, with a forecasted EPS of $0.29 and revenue of $1.36 billion.

The Zacks Consensus Estimates predict Signet’s full-year earnings at $10.80 per share and revenue at $6.84 billion. Recent analyst estimate revisions reflect changing business patterns, with Signet currently holding a Zacks Rank of #3 (Hold). The company’s valuation includes a Forward P/E ratio of 9.5, lower than the industry average. The Retail – Jewelry industry has a Zacks Industry Rank of 167.

Zacks’ Research Chief highlights a stock with the potential to double in value, part of the top 5 stocks expected to gain +100% or more in the coming months. This innovative financial firm with a growing customer base and cutting-edge solutions shows promise for significant gains. Access the full report for more insights and recommendations.



Read more at Nasdaq: Signet (SIG) Outpaces Stock Market Gains: What You Should Know