EPS for Signet Jewelers Limited (SIG) Expected At $-0.11; Wesbanco Bank Has Decreased Its Ibm (IBM) Holding

Signet Jewelers Limited (NYSE:SIG) Logo

Analysts expect Signet Jewelers Limited (NYSE:SIG) to report $-0.11 EPS on June, 6 before the open.They anticipate $1.14 EPS change or 110.68% from last quarter’s $1.03 EPS. After having $4.28 EPS previously, Signet Jewelers Limited’s analysts see -102.57% EPS growth. The stock increased 1.08% or $0.46 during the last trading session, reaching $43.05. About 1.42 million shares traded. Signet Jewelers Limited (NYSE:SIG) has declined 15.25% since May 31, 2017 and is downtrending. It has underperformed by 27.82% the S&P500.

Wesbanco Bank Inc decreased Ibm Corp (IBM) stake by 2.06% reported in 2018Q1 SEC filing. Wesbanco Bank Inc sold 2,517 shares as Ibm Corp (IBM)’s stock declined 9.42%. The Wesbanco Bank Inc holds 119,612 shares with $18.35 million value, down from 122,129 last quarter. Ibm Corp now has $130.92 billion valuation. The stock increased 0.99% or $1.4 during the last trading session, reaching $142.62. About 5.12M shares traded or 8.21% up from the average. International Business Machines Corporation (NYSE:IBM) has declined 6.24% since May 31, 2017 and is downtrending. It has underperformed by 18.81% the S&P500.

Since January 11, 2018, it had 2 buys, and 0 insider sales for $5.35 million activity. Edelman Oded bought $5.00M worth of stock. $349,905 worth of Signet Jewelers Limited (NYSE:SIG) shares were bought by Drosos Virginia.

More recent Signet Jewelers Limited (NYSE:SIG) news were published by: Streetinsider.com which released: “Signet Jewelers (SIG) call put ratio 10 calls to 1 put with focus on June 44 and 50 calls into EPS” on May 30, 2018. Also Seekingalpha.com published the news titled: “Signet Jewelers: A Diamond Valued As A Rhinestone” on May 15, 2018. Benzinga.com‘s news article titled: “Jon Najarian Sees Unusual Options Activity In Signet” with publication date: May 30, 2018 was also an interesting one.

Signet Jewelers Limited engages in the retail sale of diamond jewelry, watches, and other products in the United States, Canada, Puerto Rico, the United Kingdom, the Republic of Ireland, and the Channel Islands. The company has market cap of $2.54 billion. The Company’s Sterling Jewelers division operates stores in malls and off-mall locations primarily under the Kay Jewelers, Kay Jewelers Outlet, Jared The Galleria Of Jewelry, Jared Vault, and various mall regional brands. It has a 5.79 P/E ratio. As of January 28, 2017, this division operated 1,588 stores.

Investors sentiment increased to 1.01 in Q1 2018. Its up 0.19, from 0.82 in 2017Q4. It improved, as 69 investors sold Signet Jewelers Limited shares while 68 reduced holdings. 40 funds opened positions while 99 raised stakes. 54.73 million shares or 17.64% less from 66.46 million shares in 2017Q4 were reported. Huntington Bank & Trust accumulated 7,000 shares or 0% of the stock. Capital Research Glob Investors owns 6.18 million shares for 0.07% of their portfolio. Wellington Mngmt Group Ltd Liability Partnership accumulated 130,780 shares. Earnest Prns, a Georgia-based fund reported 37 shares. Natixis Advisors Ltd Partnership owns 0.01% invested in Signet Jewelers Limited (NYSE:SIG) for 19,625 shares. 21 are held by Carroll Fincl Associates. Etrade Cap Management Limited Liability Co accumulated 0.01% or 7,469 shares. Aperio Grp Lc holds 0.01% in Signet Jewelers Limited (NYSE:SIG) or 27,212 shares. Wealthtrust owns 99 shares or 0% of their US portfolio. Jane Street Group Limited Liability Corporation invested in 0.02% or 215,023 shares. Cap Fund Mngmt Sa holds 0.02% in Signet Jewelers Limited (NYSE:SIG) or 75,055 shares. Teacher Retirement Sys Of Texas owns 12,711 shares. Raymond James And Associates accumulated 46,322 shares. State Of Alaska Department Of Revenue owns 0% invested in Signet Jewelers Limited (NYSE:SIG) for 4,740 shares. Freestone Ltd Com has 0.04% invested in Signet Jewelers Limited (NYSE:SIG).

Among 22 analysts covering Signet Jewelers (NYSE:SIG), 6 have Buy rating, 0 Sell and 16 Hold. Therefore 27% are positive. Signet Jewelers had 79 analyst reports since July 28, 2015 according to SRatingsIntel. The stock of Signet Jewelers Limited (NYSE:SIG) earned “Outperform” rating by RBC Capital Markets on Friday, August 26. The stock of Signet Jewelers Limited (NYSE:SIG) earned “Buy” rating by RBC Capital Markets on Wednesday, August 16. The stock has “Sector Perform” rating by RBC Capital Markets on Friday, January 12. The firm has “Buy” rating by UBS given on Friday, August 21. Citigroup maintained Signet Jewelers Limited (NYSE:SIG) rating on Monday, August 28. Citigroup has “Neutral” rating and $60 target. The rating was maintained by Buckingham Research on Friday, August 28 with “Buy”. The firm earned “Buy” rating on Thursday, May 25 by RBC Capital Markets. The rating was downgraded by Citigroup to “Neutral” on Friday, August 26. The stock of Signet Jewelers Limited (NYSE:SIG) earned “Buy” rating by Citigroup on Wednesday, October 7. The rating was upgraded by Goldman Sachs to “Conviction Buy” on Thursday, October 29.

Wesbanco Bank Inc increased Facebook Inc (NASDAQ:FB) stake by 35,878 shares to 83,670 valued at $13.37 million in 2018Q1. It also upped Alphabet Inc stake by 6,002 shares and now owns 11,663 shares. I Shares (IWN) was raised too.

Among 33 analysts covering International Business Machines (NYSE:IBM), 13 have Buy rating, 4 Sell and 16 Hold. Therefore 39% are positive. International Business Machines has $21200 highest and $11000 lowest target. $164.02’s average target is 15.00% above currents $142.62 stock price. International Business Machines had 129 analyst reports since July 21, 2015 according to SRatingsIntel. On Wednesday, October 18 the stock rating was maintained by UBS with “Neutral”. The stock of International Business Machines Corporation (NYSE:IBM) earned “Buy” rating by Morgan Stanley on Wednesday, August 23. The rating was initiated by Wedbush on Thursday, August 3 with “Hold”. The rating was maintained by Stifel Nicolaus with “Buy” on Wednesday, April 18. On Friday, January 19 the stock rating was maintained by Stifel Nicolaus with “Buy”. The firm earned “Buy” rating on Thursday, November 10 by Bank of America. The rating was maintained by GBH Insights on Thursday, January 18 with “Buy”. The company was maintained on Friday, March 9 by Morgan Stanley. The firm has “Hold” rating given on Tuesday, August 15 by RBC Capital Markets. Citigroup maintained it with “Neutral” rating and $160 target in Tuesday, July 19 report.

More notable recent International Business Machines Corporation (NYSE:IBM) news were published by: Seekingalpha.com which released: “Mass layoffs at IBM Watson Health” on May 31, 2018, also Seekingalpha.com with their article: “IBM will hire 1800 in France” published on May 23, 2018, Seekingalpha.com published: “IBM: Hiking The Dividend Will Not Help” on May 23, 2018. More interesting news about International Business Machines Corporation (NYSE:IBM) were released by: Seekingalpha.com and their article: “IBM And Its Deceiving Dividend” published on May 07, 2018 as well as Benzinga.com‘s news article titled: “IBM CTO Tom Eck Shares Startup Pitch Advice At Benzinga Global Fintech Awards” with publication date: May 16, 2018.

Analysts await International Business Machines Corporation (NYSE:IBM) to report earnings on July, 17. They expect $3.03 EPS, up 2.02% or $0.06 from last year’s $2.97 per share. IBM’s profit will be $2.78B for 11.77 P/E if the $3.03 EPS becomes a reality. After $2.45 actual EPS reported by International Business Machines Corporation for the previous quarter, Wall Street now forecasts 23.67% EPS growth.

International Business Machines Corporation (NYSE:IBM) Institutional Positions Chart