Signet Jewelers (SIG, Financial) experienced a notable stock movement with a 2.10% decline. The stock is currently priced at $99.95 per share, with a trading volume of 120,455 shares and a turnover rate of 0.27%. The stock's volatility is marked by a 3.34% amplitude.
Recent financial reports reveal that Signet Jewelers generated revenue of $1.491 billion, with a net loss of $98.5 million, translating to earnings per share of -$2.28. The gross profit stood at $566 million, and the price-to-earnings ratio is 11.55.
Analyst ratings show a balanced outlook, with 50% recommending a buy and the other 50% suggesting a hold, while no analysts advised selling the stock. Within the luxury goods sector, where Signet Jewelers operates, the overall growth was 0.62%.
Other significant stocks in the luxury sector include The RealReal, Inc., Capri Holdings Limited, and Movado, which saw notable gains. Capri Holdings Limited, The RealReal, Inc., and Tapestry, Inc. were particularly active, with turnover rates of 1.72%, 1.50%, and 0.57%, respectively. Stocks with significant volatility included Brilliant Earth Group, Inc., The RealReal, Inc., and Myt Netherlands Parent Bv, with amplitudes of 5.67%, 5.39%, and 5.16%.
Signet Jewelers Ltd is a diamond jewelry retailer offering a range of products including bridal, fashion, and celebration jewelry. Its North American division contributes the majority of its revenue, derived from mall-based and off-mall locations, as well as outlet stores.
