Signet Jewelers (SIG) Vanguard Purchase
gurufocus.com/stock/NYSE:SIG/summary
Signet is the market leader in a fragmented U.S. jewellery market. Following its Zales acquisition, it commands slightly above 10% market share; the next- biggest speciality player is one tenth its size. It has over 3,500 stores in mall-based and off-mall-based locations. Its biggest brands are Kay (42% of revenue), Jared (20% of revenue), and Zales (20% of revenue); others include Piercing Pagoda, regional brands, and several U.K. and Canadian brands. Of its most profitable revenue from the Sterling division, 50%-60% is made on in-house credit.
Bought April 22, 2019
10 shares; $22.00
Next day up 1%. Low yesterday was $21.97
Down 85% from high. Downtrend for 1288 days or 3.53 years
Shiller PE is 5.5
Consumer Cyclical - Luxury Goods
6/10 Financial strength 7/10 Growth
Yacktman forward Return = 41%
Morningstar 3 stars - Small Value
8.71 Forward PE
0.96 PB
6.7% Dividend
Signet is the market leader in a fragmented U.S. jewellery market. Following its Zales acquisition, it commands slightly above 10% market share; the next- biggest speciality player is one tenth its size. It has over 3,500 stores in mall-based and off-mall-based locations. Its biggest brands are Kay (42% of revenue), Jared (20% of revenue), and Zales (20% of revenue); others include Piercing Pagoda, regional brands, and several U.K. and Canadian brands. Of its most profitable revenue from the Sterling division, 50%-60% is made on in-house credit.
Bought April 22, 2019
10 shares; $22.00
Next day up 1%. Low yesterday was $21.97
Down 85% from high. Downtrend for 1288 days or 3.53 years
Shiller PE is 5.5
Consumer Cyclical - Luxury Goods
6/10 Financial strength 7/10 Growth
Yacktman forward Return = 41%
Morningstar 3 stars - Small Value
8.71 Forward PE
0.96 PB
6.7% Dividend
Note
BACK TO BREAKEVENNote
IN THE GREEN (Jan 16th, 2019 --> +36% day)
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.