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NYSE: SIG
Signet Jewelers Ltd Stock Forecast, Predictions & Price Target

OverviewForecast
EarningsDividendOwnership

Analyst price target for SIG

Based on 3 analysts offering 12 month price targets for Signet Jewelers Ltd.
Min Forecast
$88.00+0.86%
Avg Forecast
$99.33+13.85%
Max Forecast
$110.00+26.07%

Should I buy or sell SIG stock?

Based on 4 analysts offering ratings for Signet Jewelers Ltd.
Buy
Strong Buy
1 analysts 25%
Buy
0 analysts 0%
Hold
3 analysts 75%
Sell
0 analysts 0%
Strong Sell
0 analysts 0%

SIG stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
Telsey Advisory Group
Bottom 11%
11
HoldMaintains$110.00+26.07%2021-11-26
Anonymous
UBS
Strong BuyInitiates Coverage On$140.00+60.46%2021-11-01
Bank of America
Bottom 30%
30
HoldUpgrades$88.00+0.86%2021-10-13
Wells Fargo
Top 7%
94
Strong BuyUpgrades$100.00+14.61%2021-09-16
Citigroup
Top 6%
95
HoldUpgradesN/AN/A2021-01-12

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Forecast return on equity

Is SIG forecast to generate an efficient return?
Company
25.14%
Industry
114%
Market
46.47%
SIG's Return on Equity is forecast to be high in 3 years (25.14%); analysts are confident in the firm's ability to efficiently generate return on equity
Forecast

Forecast return on assets

Is SIG forecast to generate an efficient return on assets?
Company
6.04%
Industry
14.18%
SIG is forecast to generate lower Return on Assets (6.04%) than the US Consumer Cyclical industry average (14.18%)
Forecast

SIG earnings per share forecast

What is SIG's earnings per share in the next 2 years based on estimates from 3 analysts?
Avg 1 year Forecast
$8.34-35.4%
Avg 2 year Forecast
$7.33-43.22%
SIG's earnings are forecast to grow at a rate of -24.65% per year, which is not exceptional
Forecast

SIG revenue forecast

What is SIG's revenue in the next 2 years based on estimates from 1 analysts?
Avg 1 year Forecast
$7.2B-0.61%
Avg 2 year Forecast
$7.3B+0.82%
SIG's revenue is forecast to grow at a rate of 0.41% per year, which is not exceptional
Forecast

SIG earnings growth forecast

How is SIG forecast to perform vs Consumer Cyclical companies and vs the US market?
Company
-24.65%
Industry
18.19%
Market
17.69%
SIG's earnings are forecast to grow slower (-24.65% per year) than the US Consumer Cyclical industry average (18.19%)
Forecast
SIG's earnings are forecast to grow slower (-24.65% per year) than the US market average (17.69%)
Forecast
SIG's earnings are forecast to grow slower (-24.65% per year) than the risk-free savings rate (1.4%)
Forecast

SIG revenue growth forecast

How is SIG forecast to perform vs Consumer Cyclical companies and vs the US market?
Company
0.41%
Industry
22.93%
Market
10.71%
SIG's revenues are forecast to grow slower (0.41% per year) than the US Consumer Cyclical industry average (22.93%)
Forecast
SIG's revenues are forecast to grow slower (0.41% per year) than the US market average (10.71%)
Forecast

Signet Jewelers Ltd Stock Forecast FAQ

Is Signet Jewelers Ltd Stock a good buy in 2021, according to Wall Street analysts?

The consensus among 4 Wall Street analysts covering (NYSE: SIG) stock is to Buy SIG stock.

Out of 4 analysts, 1 (25%) are recommending SIG as a Strong Buy, 0 (0%) are recommending SIG as a Buy, 3 (75%) are recommending SIG as a Hold, 0 (0%) are recommending SIG as a Sell, and 0 (0%) are recommending SIG as a Strong Sell.

What is SIG's earnings growth forecast for 2022-2023?

(NYSE: SIG) Signet Jewelers Ltd's forecast annual earnings growth rate of -24.65% is not forecast to beat the US Consumer Cyclical industry's average forecast earnings growth rate of 18.19%, and while it is not forecast to beat the US market's average forecast earnings growth rate of 17.69%.

Signet Jewelers Ltd's earnings in 2021 is $675,400,000.On average, 3 Wall Street analysts forecast SIG's earnings for 2022 to be $438,878,464, with the lowest SIG earnings forecast at $363,100,887, and the highest SIG earnings forecast at $500,973,978.

In 2023, SIG is forecast to generate $385,728,914 in earnings, with the lowest earnings forecast at $332,053,130 and the highest earnings forecast at $457,822,858.

What is SIG's revenue growth forecast for 2022-2023?

(NYSE: SIG) Signet Jewelers Ltd's forecast annual revenue growth rate of 0.41% is not forecast to beat the US Consumer Cyclical industry's average forecast revenue growth rate of 22.93%, and while it is not forecast to beat the US market's average forecast revenue growth rate of 10.71%.

Signet Jewelers Ltd's revenue in 2021 is $7,201,200,000.On average, 1 Wall Street analysts forecast SIG's revenue for 2022 to be $376,625,079,769, with the lowest SIG revenue forecast at $376,625,079,769, and the highest SIG revenue forecast at $376,625,079,769.

In 2023, SIG is forecast to generate $382,045,281,420 in revenue, with the lowest revenue forecast at $382,045,281,420 and the highest revenue forecast at $382,045,281,420.

What is SIG's forecast return on assets (ROA) for 2022-2023?

(NYSE: SIG) forecast ROA is 6.04%, which is lower than the forecast US Consumer Cyclical industry average of 14.18%.

What is SIG's Price Target?

According to 3 Wall Street analysts that have issued a 1 year SIG price target, the average SIG price target is $99.33, with the highest SIG stock price forecast at $110.00 and the lowest SIG stock price forecast at $88.00.

On average, Wall Street analysts predict that Signet Jewelers Ltd's share price could stay at $99.33 by Nov 26, 2022. The average Signet Jewelers Ltd stock price prediction forecasts a potential downside of N/A from the current SIG share price of $87.25.

What is SIG's Earnings Per Share (EPS) forecast for 2022-2023?

(NYSE: SIG) Signet Jewelers Ltd's current Earnings Per Share (EPS) is $12.91. On average, analysts forecast that SIG's EPS will be $8.34 for 2022, with the lowest EPS forecast at $6.90, and the highest EPS forecast at $9.52. In 2023, SIG's EPS is forecast to hit $7.33 (min: $6.31, max: $8.70).

What is SIG's forecast return on equity (ROE) for 2022-2023?

(NYSE: SIG) forecast ROE is 25.14%, which is considered strong.
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