Signet Jewelers Intrinsic Value Calculation – Signet Jewelers Executives Offload Over 18K Shares
December 19, 2023
☀️Trending News
Signet Jewelers ($NYSE:SIG), the world’s largest diamond jeweler and specialty retail jeweler, is in the news again. Recently, several of the company’s executives have declared the sale of more than 18,000 shares of its stock. This news follows a series of developments concerning the company’s financials, which has affected its stock price in the past several weeks. Signet Jewelers has a long history of success in the diamond jewelry and specialty retail market. The company offers customers a wide selection of jewelry, from diamond engagement rings to fashion accessories. Its customers also have access to an online store, which makes shopping easy and convenient. The company has been successful in creating a strong customer base, which has enabled it to remain competitive in the market. The news of the executives selling their stock has raised several questions and speculation on the company’s financials. Some analysts believe that this could be an indication of possible troubles ahead for Signet Jewelers.
However, the company has not given any more information on the matter. It is yet to be seen whether this move by the executives will affect the stock price in the coming weeks.
Market Price
On Tuesday, executives at Signet Jewelers offloaded over 18,000 shares of the company’s stock. This caused the stock to open at $97.6 and end the day at $96.4, representing a 1.5% decline from the previous day’s closing price of 97.9. This move came as a surprise to many investors, considering Signet Jewelers’ strong performance in recent months. It remains to be seen whether the executives’ decision to offload shares will have a lasting effect on Signet Jewelers’ performance. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Signet Jewelers. More…
| Total Revenues | Net Income | Net Margin |
| 7.34k | 427 | 5.3% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Signet Jewelers. More…
| Operations | Investing | Financing |
| 748.1 | -130.9 | -302.2 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Signet Jewelers. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 6.06k | 3.84k | 50.16 |
Key Ratios Snapshot
Some of the financial key ratios for Signet Jewelers are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 12.2% | 75.0% | 3.5% |
| FCF Margin | ROE | ROA |
| 8.4% | 7.1% | 2.6% |
Analysis – Signet Jewelers Intrinsic Value Calculation
At GoodWhale, we conducted an analysis of SIGNET JEWELERS‘ fundamentals. Our proprietary Valuation Line indicated that the intrinsic value of SIGNET JEWELERS share was around $75.4. We noticed that currently SIGNET JEWELERS stock is traded at $96.4, which is overvalued by 27.8%. Therefore, it could be a potential buying opportunity for investors looking to add SIGNET JEWELERS to their portfolio. More…
Peers
The company is engaged in the retail sale of diamond jewelry, watches, and other related items. Signet Jewelers competes in the jewelry industry with other retailers such as Jakroo Inc, ABC Technologies Holdings Inc, and National Vision Holdings Inc.
– Jakroo Inc ($OTCPK:JKRO)
ATC Technologies Holdings Inc is a global provider of precision machining solutions. The company offers a range of services, including contract manufacturing, machining, and assembly. ATC serves a variety of industries, including aerospace, defense, medical, and semiconductor. The company has a market cap of 559.41M and a ROE of -9.23%.
– ABC Technologies Holdings Inc ($TSX:ABCT)
National Vision Holdings Inc is a holding company that operates through its subsidiaries as one of the largest optical retailers in the United States. The company offers a wide variety of vision care products and services including eyeglasses, contact lenses, eye exams, and prescription sunglasses. As of 2022, the company had a market capitalization of 2.66 billion dollars and a return on equity of 10.47%. National Vision Holdings Inc operates over 1,400 stores in 42 states across the United States.
Summary
Signet Jewelers has recently disclosed the sale of over 18,000 shares of its stock by its top executives. This news has caused some investors to question the company’s performance and outlook. Despite the stock sales, the company has seen a steady increase in its revenue and profits year-over-year.
The company also recently acquired a popular e-commerce jewelry site, which has boosted their online sales significantly. Despite the share sales, analysts believe the company is well positioned to capitalize on its current opportunities and continue to grow in the future.
