5 Stocks Pushing The Diversified Services Industry Lower
Editor's Note: TheStreet ratings do not represent the views of TheStreet's staff or its contributors. Ratings are established by computer based on metrics for performance (which includes growth, stock performance, efficiency and valuation) and risk (volatility and solvency). Companies with poor cash flow or high debt levels tend to earn lower ratings in our modelOne out of the three major indices are trading lower today with the Dow Jones Industrial Average (^DJI) trading down 15 points (-0.1%) at 14,074 as of Monday, March 4, 2013, 12:05 PM ET. The NYSE advances/declines ratio sits at 1,220 issues advancing vs. 1,591 declining with 184 unchanged.The Diversified Services industry currently is unchanged today versus the S&P 500, which is unchanged. On the negative front, top decliners within the industry include Education Management Corporation (EDMC), down 9.1%, New Oriental Education & Technology Group I (EDU), down 2.9%, Ritchie Bros. Auctioneers (RBA), down 2.9%, Qiagen (QGEN), down 2.5% and Western Union Company (WU), down 1.8%. Top gainers within the industry include Green Dot (GDOT), up 8.1%, MoneyGram International (MGI), up 4.4%, Amerco (UHAL), up 2.3%, Ulta Salon Cosmetics & Fragrances (ULTA), up 1.6% and H&R Block (HRB), up 1.6%.TheStreet Ratings group would like to highlight 5 stocks pushing the industry lower today:5. WEX (WXS) is one of the companies pushing the Diversified Services industry lower today. As of noon trading, WEX is down $0.76 (-1.0%) to $74.90 on average volume Thus far, 96,333 shares of WEX exchanged hands as compared to its average daily volume of 224,400 shares. The stock has ranged in price between $74.72-$75.89 after having opened the day at $75.77 as compared to the previous trading day's close of $75.66. WEX Inc. provides business payment processing and information management solutions in North America, the Asia Pacific, and Europe. It operates in two segments, Fleet Payment Solutions and Other Payment Solutions. WEX has a market cap of $2.9 billion and is part of the services sector. The company has a P/E ratio of 18.5, above the S&P 500 P/E ratio of 17.7. Shares are down 0.5% year to date as of the close of trading on Friday. Currently there is 1 analyst that rates WEX a buy, no analysts rate it a sell, and 6 rate it a hold.TheStreet Ratings rates WEX 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, expanding profit margins and solid stock price performance. We feel these strengths outweigh the fact that the company has had sub par growth in net income. Get the full WEX Ratings Report now.It's Official: Action Alerts PLUS beats the S&P 500 with Dividends Reinvested! Cramer and Link were up 16.72% in 2012. Were you? See what they are trading for 14-days FREE
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