Signet Jewelers Ltd. (SIG): Today's Featured Specialty Retail Loser

Signet Jewelers ( SIG) pushed the Specialty Retail industry lower today making it today's featured Specialty Retail loser. The industry as a whole closed the day down 0.6%. By the end of trading, Signet Jewelers fell 29 cents (-0.7%) to $43.66 on heavy volume. Throughout the day, 3.3 million shares of Signet Jewelers exchanged hands as compared to its average daily volume of 865,200 shares. The stock ranged in price between $43.15-$44.12 after having opened the day at $43.98 as compared to the previous trading day's close of $43.95. Other company's within the Specialty Retail industry that declined today were: Mecox Lane ( MCOX), down 17.2%, Sport Chalet ( SPCHA), down 10.9%, Dover Saddlery ( DOVR), down 7.9%, and Netflix ( NFLX), down 5.8%.

Signet Jewelers Limited operates as a specialty jewelry retailer in the United States, the United Kingdom, the Republic of Ireland, and the Channel Islands. The company retails jewelry, watches, and associated services. Signet Jewelers has a market cap of $3.76 billion and is part of the services sector. The company has a P/E ratio of 11.6, equal to the average specialty retail industry P/E ratio and below the S&P 500 P/E ratio of 17.7. Shares are up 0.6% year to date as of the close of trading on Wednesday. Currently there are five analysts that rate Signet Jewelers a buy, no analysts rate it a sell, and three rate it a hold.

TheStreet Ratings rates Signet Jewelers as a buy. The company's strengths can be seen in multiple areas, such as its largely solid financial position with reasonable debt levels by most measures, revenue growth, impressive record of earnings per share growth, compelling growth in net income and attractive valuation levels. Although the company may harbor some minor weaknesses, we feel they are unlikely to have a significant impact on results.

On the positive front, TravelCenters of America ( TA), up 7.2%, Hollywood Media Corporation ( HOLL), up 5%, Francescas Holdings ( FRAN), up 4.1%, and United Online ( UNTD), up 2.9%, were all gainers within the specialty retail industry with Penske Automotive Group ( PAG) being today's featured specialty retail industry winner.

For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the specialty retail industry could consider SPDR S&P Retail ETF ( XRT) while those bearish on the specialty retail industry could consider ProShares Ultra Sht Consumer Goods ( SZK).
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