Signet Jewelers Limited
SIG
Bullish$105.55+3.00%3D · 2026-09-14Predicted move
+3.00%Target $105.55
Actual move at settlement
-1.69%Confirmed close $100.75
Both measured from $102.48 on 2026-09-09 · Target close 2026-09-14
Direction missed
How this is scored
Direction correct: 50 points. Move error of up to 0.5 / 1 / 2 / 3 / 5 percentage points earns 50 / 45 / 35 / 25 / 10 magnitude points; larger errors earn 0. A wrong direction can still earn magnitude points. A flat close matches neither direction. Points are not returns.
Thesis
Q2 FY27 (Sep 9): adj EPS $2.19 vs ~$1.74, SSS +2.2%; raised FY adj EPS to $10.45-$12.15 and adj OI to $535-$605M; $125M ASR plus buyback auth to $700M. Cash closed $102.48 (+24% from $82.67) near $103 high after holding the $95 gap open; AH only -0.3%. Street PT ~$117 and 52w high $110.20 still above. Expect buyback-supported digestion higher over 3 sessions rather than a full gap fade. Invalidation: break of gap-day low $94.33 / loss of $95 open on heavy volume, or discretionary risk-off from oil/rates that overwhelms the EPS raise.
Chart
Reference chart may include later prices. Settlement uses the confirmed target-date close above.
Discussion
JUjustinss@justinss2 months ago UTutrade@utradeLatest call: Bullish2 months ago
Log in to commentdon't think so, it's main resistant
we'll see