Signet Jewelers (SIG) Tops Q2 EPS by $1.95

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Signet Jewelers (SIG) PT Raised to $80 at Wells Fargo

September 2, 2021 3:38 PM EDT

Wells Fargo analyst Ike Boruchow raised the price target on Signet Jewelers (NYSE: SIG) to $80.00 (from $70.00) while maintaining a Equal Weight rating.

The analyst commented, "Following in the footsteps of many of its retail brethren, SIG reported a very strong 2Q beat while raising their outlook well above the Street. There were few holes to poke in the print, though 2H guidance appears very conservative. That said, management continues to execute at a very high level--SIG is driving more sales with fewer stores, improving inventory turns and despite tough compares and B&M re-opening,... More

Signet Jewelers (SIG) September weekly 80 straddle priced for a move of +/- 12% into quarter results

September 1, 2021 3:07 PM EDT

Signet Jewelers (NYSE: SIG) September weekly 80 straddle priced for a move of +/- 12% into the expected release of quarter results on September 2.

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Signet Jewelers (SIG) option implied volatility above 200 into quarter results

September 1, 2021 10:37 AM EDT

Signet Jewelers (NYSE: SIG) September weekly call option implied volatility is at 210, September is at 95; compared to its 52-week range of 52 to 132 into the expected release of quarter results on September 2.

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