| Factor | Score | Distribution | Value | Avg | Rank |
|---|---|---|---|---|---|
Valuation | 91 | 11.6x | 17.8x | Top tier | |
Growth | 36 | 0.6% | 7.1% | Bottom tier | |
Quality | 80 | 10.0% | 4.5% | Top tier | |
Safety | 61 | 3.2x | 2.6x | Around median | |
Capital Return | 32 | 1.33% | 2.12% | Bottom tier | |
Momentum | 65 | 10.0% | 2.9% | Around median | |
Sentiment | 62 | 5 | 3 | Around median |
Estimates — analyst targets and a simplified DCF, not investment advice.
Ten ratios that matter, each compared against its sector median and average — so you can see whether a number is rich or cheap relative to peers in the same sector.
Signet Jewelers Limited operates in jewelry retail through a portfolio that includes Kay, Zales, Jared, Blue Nile, and Banter. It generates sales from bridal, fashion jewelry, watches, and services, and from stores and digital channels, while the credit agreement with Bread Financial adds a new source of non-comparable-sales revenue through profit sharing until 2035 without sharing credit portfolio losses.
In fiscal 2027 Q2, revenue was approximately $1.5 billion, and EDGAR recorded gross profit of $602.4 million, net income of $52.1 million, and diluted earnings per share of $1.33. On an adjusted basis, operating income reached $107 million, up 25%, with its margin rising to approximately 7%, while adjusted gross margin increased 70 basis points and reached approximately $600 million.
Comparable sales rose 2.2% in fiscal 2027 Q2, driven by a 6% increase in average transaction value and high-single-digit growth at price points above $2,000. Watches achieved growth of approximately 10%, and the bridal category recorded low-single-digit growth, while fashion jewelry declined 1% because of weakness in Banter and lower-priced metal products; by contrast, Blue Nile achieved sales growth of 10%, although its sales are not included in comparable sales.
Automated analysis for informational purposes only — not investment advice.
The average analyst price target is $125.5, versus a wide target range of $100 to $175 and a “Neutral” consensus; the average is approximately 14% above the 52-week high of $110.2, while the highest target is approximately 59% above it. A valuation summary dated September 9, 2026, indicated a price-to-earnings ratio of 13.9 times, but caution remains justified because quarterly sales declined slightly year over year and part of the earnings guidance increase came from the credit agreement, tariff refunds, and share repurchases, not from underlying growth alone.
Figures in the text are as of 2026-09-10; the live price is shown at the top of the page.
On September 9, 2026, Signet reported adjusted earnings per share of $2.19, exceeding expectations ranging from $1.69 to $1.74, and the stock rose approximately 20% to 24% according to the reported news. Adjusted earnings per share increased 36%, and adjusted operating income rose 25% to $107 million. The company also raised its fiscal 2027 adjusted earnings per share guidance by more than 10% to $10.45–$12.15.
The early renewal with Bread Financial runs through 2035, and Signet estimates that it will provide more than $1 billion in non-comparable-sales revenue and incremental operating income over the term of the agreement. The company expects an operating benefit of between $200 million and $250 million during the first 36 months, in addition to $30–$40 million in fiscal 2027. The credit remains owned by the third party and is not carried by Signet on its balance sheet, and the company does not share portfolio losses. It also plans to offer Bread Financial credit to Blue Nile customers during the fiscal 2027 holiday season.
Comparable sales rose 2.2% in fiscal 2027 Q2, while average transaction value increased 6%, indicating that price mix was the larger driver. Price points above $2,000 achieved high-single-digit growth, supported by natural diamonds and higher-priced bridal and fashion jewelry categories. By contrast, units and lower-priced metal products remained under pressure, particularly at Banter, so management is targeting a longer-term combination of modest unit growth and stronger growth in average transaction value.
Adjusted gross margin increased 70 basis points in fiscal 2027 Q2, but that included $13 million in tariff refunds that exceeded the company’s expectations. Management explained that underlying merchandise margin remained lower because of tariffs and the higher cost of gold, and that the $30 million in fiscal 2027 refunds covers less than half of the net incremental tariff burden. The plan for the second half of fiscal 2027 relies on price adjustments, assortment mix, and supplier collaboration to bring merchandise margin to flat or slightly higher performance.
Before September 9, 2026, the company launched redesigned websites for Kay and Jared, featuring realistic imagery on models, simpler navigation, and more shoppable product pages and content, and scheduled the Zales experience to launch in September 2026. Early indicators showed improvement in engagement, average order value, and product display page engagement, but management did not publish detailed figures because the launch had occurred only two or three weeks earlier. Blue Nile, whose sales grew 10% in fiscal 2027 Q2, is converting some of its showrooms into full-service stores with more readily available inventory and will also receive a Bread Financial credit offering during the holiday season.
On September 9, 2026, Signet announced an increase of approximately $400 million in its share repurchase authorization and a $125 million accelerated share repurchase program beginning in September 2026. After the program is completed, total repurchases since the start of fiscal 2027 will reach approximately $325 million, with $575 million remaining under the authorization. The company said that repurchases and dividends together will return the equivalent of 12% of its stated market capitalization during the first nine months of fiscal 2027, while maintaining a capital expenditure range of $150 million to $180 million.
