Signet Jewelers (NYSE:SIG) issued an update on its FY19 earnings guidance on Wednesday morning. The company provided earnings per share (EPS) guidance of $3.75-4.25 for the period, compared to the Thomson Reuters consensus estimate of $6.09. The company issued revenue guidance of $5.9-6.1 billion, compared to the consensus revenue estimate of $6.14 billion.
Shares of Signet Jewelers (SIG) opened at $42.60 on Wednesday. The company has a market cap of $2,903.56, a PE ratio of 7.88, a PEG ratio of 1.00 and a beta of 0.73. The company has a debt-to-equity ratio of 0.33, a quick ratio of 0.76 and a current ratio of 2.63. Signet Jewelers has a one year low of $42.60 and a one year high of $77.94.
The business also recently announced a quarterly dividend, which was paid on Friday, March 2nd. Stockholders of record on Friday, February 2nd were paid a dividend of $0.31 per share. The ex-dividend date was Thursday, February 1st. This represents a $1.24 dividend on an annualized basis and a dividend yield of 2.91%. Signet Jewelers’s dividend payout ratio is currently 20.39%.
In other Signet Jewelers news, insider Oded Edelman acquired 90,398 shares of the company’s stock in a transaction that occurred on Friday, January 12th. The stock was bought at an average price of $55.31 per share, with a total value of $4,999,913.38. Following the purchase, the insider now owns 33,962 shares in the company, valued at $1,878,438.22. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. 0.52% of the stock is currently owned by corporate insiders.
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About Signet Jewelers
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.
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