Signet Jewelers (NYSE:SIG) announced its earnings results on Thursday, June 6th. The company reported $0.08 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of ($0.24) by $0.32, Briefing.com reports. Signet Jewelers had a negative net margin of 2.76% and a positive return on equity of 16.90%. The business had revenue of $1.43 billion for the quarter, compared to analyst estimates of $1.42 billion. During the same quarter last year, the business earned $0.10 earnings per share. The company’s revenue for the quarter was down 3.3% compared to the same quarter last year.
SIG stock traded up $0.20 during trading on Friday, reaching $17.88. 1,663,066 shares of the stock were exchanged, compared to its average volume of 2,197,343. The company has a quick ratio of 0.31, a current ratio of 2.07 and a debt-to-equity ratio of 1.92. The stock has a 50 day simple moving average of $19.57. Signet Jewelers has a 1 year low of $16.70 and a 1 year high of $71.07. The stock has a market cap of $922.74 million, a price-to-earnings ratio of 4.81, a price-to-earnings-growth ratio of 0.89 and a beta of 1.04.
The firm also recently declared a quarterly dividend, which will be paid on Friday, August 30th. Stockholders of record on Friday, August 2nd will be paid a $0.37 dividend. This represents a $1.48 annualized dividend and a dividend yield of 8.28%. The ex-dividend date of this dividend is Thursday, August 1st. Signet Jewelers’s dividend payout ratio is currently 39.78%.
Signet Jewelers Company Profile
Signet Jewelers Limited engages in the retail sale of diamond jewelry, watches, and other products. As of February 02, 2019, it operated 3,334 stores and kiosks. The company operates through three segments: North America, International, and Other. The North America segment operates stores in malls and off-mall locations primarily under the Kay Jewelers, Kay Jewelers Outlet, Jared The Galleria Of Jewelry, Jared Vault, Zales Jewelers, Zales Outlet, Piercing Pagoda, Peoples Jewellers, Gordon's Jewelers, and Mappins Jewellers regional banners; and JamesAllen.com, an online jewelry retailer Website.
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