Signet (SIG) Laps the Stock Market: Here's Why

Signet (SIG) closed at $97.92 in the latest trading session, marking a +3% move from the prior day. The stock outperformed the S&P 500, which registered a daily gain of 0.69%. Meanwhile, the Dow gained 0.47%, and the Nasdaq, a tech-heavy index, added 0.9%.

Shares of the jewelry company witnessed a gain of 2.86% over the previous month, beating the performance of the Retail-Wholesale sector with its loss of 5.99%, and the S&P 500's loss of 1%.

The upcoming earnings release of Signet will be of great interest to investors. The company's earnings report is expected on March 19, 2026. The company's earnings per share (EPS) are projected to be $5.87, reflecting a 11.33% decrease from the same quarter last year. Simultaneously, our latest consensus estimate expects the revenue to be $2.33 billion, showing a 0.92% drop compared to the year-ago quarter.

Regarding the entire year, the Zacks Consensus Estimates forecast earnings of $9.22 per share and revenue of $6.8 billion, indicating changes of +3.13% and +1.42%, respectively, compared to the previous year.

Any recent changes to analyst estimates for Signet should also be noted by investors. Such recent modifications usually signify the changing landscape of near-term business trends. Hence, positive alterations in estimates signify analyst optimism regarding the business and profitability.

Our research demonstrates that these adjustments in estimates directly associate with imminent stock price performance. To capitalize on this, we've crafted the Zacks Rank, a unique model that incorporates these estimate changes and offers a practical rating system.

The Zacks Rank system, which ranges from #1 (Strong Buy) to #5 (Strong Sell), has an impressive outside-audited track record of outperformance, with #1 stocks generating an average annual return of +25% since 1988. Over the past month, the Zacks Consensus EPS estimate has remained steady. Signet is holding a Zacks Rank of #3 (Hold) right now.

In terms of valuation, Signet is currently trading at a Forward P/E ratio of 9.26. This signifies a discount in comparison to the average Forward P/E of 16.51 for its industry.

We can additionally observe that SIG currently boasts a PEG ratio of 1.04. The PEG ratio bears resemblance to the frequently used P/E ratio, but this parameter also includes the company's expected earnings growth trajectory. SIG's industry had an average PEG ratio of 2.54 as of yesterday's close.

The Retail - Jewelry industry is part of the Retail-Wholesale sector. This industry, currently bearing a Zacks Industry Rank of 62, finds itself in the top 26% echelons of all 250+ industries.

The strength of our individual industry groups is measured by the Zacks Industry Rank, which is calculated based on the average Zacks Rank of the individual stocks within these groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.

Remember to apply Zacks.com to follow these and more stock-moving metrics during the upcoming trading sessions.