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

Signet Jewelers ( SIG) pushed the Specialty Retail industry lower today making it today's featured Specialty Retail laggard. The industry as a whole closed the day down 0.4%. By the end of trading, Signet Jewelers fell $1.45 (-2.0%) to $70.27 on average volume. Throughout the day, 570,808 shares of Signet Jewelers exchanged hands as compared to its average daily volume of 620,500 shares. The stock ranged in price between $69.68-$72.05 after having opened the day at $71.97 as compared to the previous trading day's close of $71.72. Other companies within the Specialty Retail industry that declined today were: DGSE Companies ( DGSE), down 5.4%, Brown Shoe Company ( BWS), down 4.1%, Big 5 Sporting Goods Corporation ( BGFV), down 2.6% and Zumiez ( ZUMZ), down 2.5%.

Signet Jewelers Limited engages in the retail sale of jewelry and watches in the United States, the United Kingdom, the Republic of Ireland, and the Channel Islands. The company operates through US and UK divisions. Signet Jewelers has a market cap of $5.8 billion and is part of the services sector. Shares are up 33.6% year to date as of the close of trading on Monday. Currently there are 3 analysts that rate Signet Jewelers a buy, no analysts rate it a sell, and 3 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 revenue growth, largely solid financial position with reasonable debt levels by most measures, solid stock price performance, impressive record of earnings per share growth and good cash flow from operations. Although no company is perfect, currently we do not see any significant weaknesses which are likely to detract from the generally positive outlook.

On the positive front, Sport Chalet ( SPCHB), up 7.7%, Odyssey Marine Exploration ( OMEX), up 7.0%, Lentuo International ( LAS), up 6.9% and Sport Chalet ( SPCHA), up 3.1%.

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).

STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12-months. Learn more.

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