Telsey Advisory Group Issues Pessimistic Forecast for Signet Jewelers (NYSE:SIG) Stock Price

Signet Jewelers (NYSE:SIG) had its target price reduced by research analysts at Telsey Advisory Group from $65.00 to $55.00 in a research report issued to clients and investors on Thursday, Marketbeat.com reports. The firm currently has a “market perform” rating on the stock. Telsey Advisory Group’s price objective points to a potential upside of 14.67% from the company’s previous close. Telsey Advisory Group also issued estimates for Signet Jewelers’ Q2 2026 earnings at $1.31 EPS, Q3 2026 earnings at $0.35 EPS and FY2026 earnings at $9.01 EPS.

Several other research analysts have also weighed in on the stock. Wells Fargo & Company decreased their price objective on shares of Signet Jewelers from $110.00 to $95.00 and set an “overweight” rating for the company in a report on Wednesday, January 15th. StockNews.com lowered shares of Signet Jewelers from a “buy” rating to a “hold” rating in a report on Friday, December 6th. Finally, Bank of America decreased their price objective on shares of Signet Jewelers from $95.00 to $65.00 and set a “neutral” rating for the company in a report on Wednesday, January 15th. Three research analysts have rated the stock with a hold rating and three have issued a buy rating to the company’s stock. According to data from MarketBeat.com, Signet Jewelers currently has an average rating of “Moderate Buy” and a consensus price target of $93.20.

Signet Jewelers Price Performance

SIG opened at $47.96 on Thursday. The company has a fifty day simple moving average of $56.75 and a 200 day simple moving average of $79.37. The firm has a market cap of $2.09 billion, a price-to-earnings ratio of 5.52, a PEG ratio of 3.43 and a beta of 2.20. Signet Jewelers has a twelve month low of $45.55 and a twelve month high of $112.06. The company has a current ratio of 1.55, a quick ratio of 0.25 and a debt-to-equity ratio of 0.14.

Insider Activity

In other news, Director Eugenia Ulasewicz sold 3,333 shares of Signet Jewelers stock in a transaction dated Friday, February 21st. The shares were sold at an average price of $54.13, for a total value of $180,415.29. Following the completion of the transaction, the director now directly owns 22,752 shares of the company’s stock, valued at approximately $1,231,565.76. The trade was a 12.78 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Company insiders own 3.26% of the company’s stock.

Institutional Trading of Signet Jewelers

Several hedge funds have recently bought and sold shares of the company. PKO Investment Management Joint Stock Co bought a new stake in Signet Jewelers in the 4th quarter valued at about $565,000. Universal Beteiligungs und Servicegesellschaft mbH bought a new stake in shares of Signet Jewelers during the 4th quarter worth about $297,000. Mackenzie Financial Corp raised its position in shares of Signet Jewelers by 4.9% during the 4th quarter. Mackenzie Financial Corp now owns 15,227 shares of the company’s stock worth $1,229,000 after buying an additional 706 shares in the last quarter. MidWestOne Financial Group Inc. raised its position in shares of Signet Jewelers by 22.3% during the 4th quarter. MidWestOne Financial Group Inc. now owns 24,372 shares of the company’s stock worth $1,967,000 after buying an additional 4,436 shares in the last quarter. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its position in shares of Signet Jewelers by 14.1% during the 4th quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 111,609 shares of the company’s stock worth $9,008,000 after buying an additional 13,769 shares in the last quarter.

Signet Jewelers Company Profile

Signet Jewelers Limited operates as a diamond jewelry retailer. It operates through three segments: North America, International, and Other. The North America segment operates jewelry stores in jewelry stores in malls, mall-based kiosks, and off-mall locations in the United States and Canada primarily under the Kay Jewelers, Kay Jewelers Outlet, Jared The Galleria Of Jewelry, Jared Vault, Zales Outlet, Zales Jewelers, Diamonds Direct, James Allen, Banter by Piercing Pagoda, and Peoples Jewellers names, as well as operates online through its digital banners, James Allen and Blue Nile.