With 1.37 million shares changed hands, the volume of the stock remained lighter than its average volume of 1.56 million shares. The 52-week range on SIG shows that it touched its highest point at $112.06 and its lowest point at $50.38 during that stretch. It currently has a 1-year price target of $82.00. With its current market cap of 2.29 billion, SIG has annualized dividend of $1.16 while the current yield stands at 2.20%. Beta for the stock currently stands at 2.21.
Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of SIG was down-trending over the past week, with a drop of -5.46%, but this was down by -11.52% over a month. Three-month performance dropped to -47.41% while six-month performance fell -34.39%. The stock lost -50.51% in the past year, while it has lost -34.73% so far this year. A look at the trailing 12-month EPS for SIG yields 8.69 with Next year EPS estimates of 9.28. For the next quarter, that number is 6.26. This implies an EPS growth rate of -16.25% for this year and 6.81% for next year.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for SIG since 4 analysts follow the stock currently. There are 3 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 1 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential.
EPS: Estimates vs Actual
It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. Analysts have provided yearly estimates in a range of $10.05617 being high and $9.89591 being low. For SIG, this leads to a yearly average estimate of $9.97604. Based on analyst estimates, the high estimate for the next quarter is $1.4 and the low estimate is $0.8. The average estimate for the next quarter is thus $1.03.