Back to top

Tale of the Tape

Zacks Equity Research

Signet Jewelers (SIG) in Focus: Stock Moves 6.1% Higher
January 28, 2014


Trades from $3
Signet Jewelers Ltd. ((SIG - Free Report) ) was a big mover last session, as the company saw its shares rise over 6% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This continues the recent uptrend for the company as the stock is now up nearly 13% since Jan 13.

The company has seen seven negative revisions in the past 30 days, while its Zacks Consensus Estimate moved lower over the same time frame, suggesting there may be trouble down the road. So make sure to keep an eye on this stock going forward to see if yesterday’s jump lasts.

Signet Jewelers currently has a Zacks Rank #4 (Sell) while its Earnings ESP is 0.00%.

However, some better-ranked stocks in the retail wholesale sector include Advance Auto Parts Inc. ((AAP - Free Report) ), Asbury Automotive Group, Inc. ((ABG - Free Report) ) and Autobytel Inc. ((ABTL - Free Report) ). All these sport a Zacks Rank #1 (Strong Buy).

Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report >>