Editor's Note: Any reference to TheStreet Ratings and its underlying recommendation does not reflect the opinion of TheStreet, Inc. or any of its contributors including Jim Cramer or Stephanie Link.

All three major indices are trading down today with the

Dow Jones Industrial Average

(

^DJI

) trading down 109.85 points (-0.6%) at 16,827 as of Tuesday, June 24, 2014, 3:55 PM ET. The NYSE advances/declines ratio sits at 1,625 issues advancing vs. 1,391 declining with 163 unchanged.

The Computer Software & Services industry as a whole closed the day down 0.6% versus the S&P 500, which was down 0.7%. Top gainers within the Computer Software & Services industry included

Peerless Systems

(

PRLS

), up 2.0%,

Kingtone Wirelessinfo Solution

(

KONE

), up 48.6%,

Asure Software

(

ASUR

), up 2.0%,

PAR Technology

(

PAR

), up 4.2% and

Authentidate

(

ADAT

), up 6.9%.

TheStreet Ratings Group would like to highlight 3 stocks pushing the industry higher today:

PAR Technology

(

PAR

) is one of the companies that pushed the Computer Software & Services industry higher today. PAR Technology was up $0.17 (4.2%) to $4.29 on light volume. Throughout the day, 7,656 shares of PAR Technology exchanged hands as compared to its average daily volume of 14,300 shares. The stock ranged in a price between $4.09-$4.34 after having opened the day at $4.09 as compared to the previous trading day's close of $4.12.

PAR Technology Corporation, through its subsidiaries, primarily provides technology solutions to businesses and organizations in the hospitality industry worldwide. The company operates in two segments: Hospitality and Government. PAR Technology has a market cap of $64.5 million and is part of the technology sector. Shares are down 24.4% year-to-date as of the close of trading on Monday. Currently there are no analysts who rate PAR Technology a buy, no analysts rate it a sell, and none rate it a hold.

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

TheStreet Ratings rates PAR Technology as a

TheStreet Recommends

sell

. The company's weaknesses can be seen in multiple areas, such as its unimpressive growth in net income and poor profit margins.

Highlights from TheStreet Ratings analysis on PAR go as follows:

  • The company, on the basis of change in net income from the same quarter one year ago, has significantly underperformed when compared to that of the S&P 500 and the Electronic Equipment, Instruments & Components industry. The net income has significantly decreased by 157.6% when compared to the same quarter one year ago, falling from -$0.38 million to -$0.99 million.
  • The gross profit margin for PAR TECHNOLOGY CORP is rather low; currently it is at 22.71%. Regardless of PAR's low profit margin, it has managed to increase from the same period last year. Despite the mixed results of the gross profit margin, the net profit margin of -1.74% trails the industry average.
  • The return on equity has improved slightly when compared to the same quarter one year prior. This can be construed as a modest strength in the organization. Compared to other companies in the Electronic Equipment, Instruments & Components industry and the overall market, PAR TECHNOLOGY CORP's return on equity significantly trails that of both the industry average and the S&P 500.
  • Compared to where it was 12 months ago, the stock is up, but it has so far lagged the appreciation in the S&P 500. We feel that the combination of its price rise over the last year and its current price-to-earnings ratio relative to its industry tend to reduce its upside potential.
  • PAR TECHNOLOGY CORP has experienced a steep decline in earnings per share in the most recent quarter in comparison to its performance from the same quarter a year ago. This company has not demonstrated a clear trend in earnings over the past 2 years, making it difficult to accurately predict earnings for the coming year. During the past fiscal year, PAR TECHNOLOGY CORP turned its bottom line around by earning $0.05 versus -$0.11 in the prior year.

You can view the full analysis from the report here:

PAR Technology Ratings Report

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

At the close,

Asure Software

(

ASUR

) was up $0.12 (2.0%) to $6.03 on light volume. Throughout the day, 2,753 shares of Asure Software exchanged hands as compared to its average daily volume of 8,500 shares. The stock ranged in a price between $6.00-$6.12 after having opened the day at $6.12 as compared to the previous trading day's close of $5.91.

Asure Software, Inc. provides cloud-based software-as-a-service (SaaS) time and labor management, and workspace management solutions worldwide. Asure Software has a market cap of $36.1 million and is part of the technology sector. Shares are up 5.4% year-to-date as of the close of trading on Monday. Currently there is 1 analyst who rates Asure Software a buy, no analysts rate it a sell, and none rate it a hold.

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

TheStreet Ratings rates Asure Software as a

hold

. The company's strengths can be seen in multiple areas, such as its revenue growth, impressive record of earnings per share growth and compelling growth in net income. However, as a counter to these strengths, we also find weaknesses including generally higher debt management risk and weak operating cash flow.

Highlights from TheStreet Ratings analysis on ASUR go as follows:

  • ASUR's revenue growth has slightly outpaced the industry average of 8.0%. Since the same quarter one year prior, revenues slightly increased by 9.2%. Growth in the company's revenue appears to have helped boost the earnings per share.
  • ASURE SOFTWARE INC reported significant earnings per share improvement in the most recent quarter compared to the same quarter a year ago. The company has demonstrated a pattern of positive earnings per share growth over the past year. We feel that this trend should continue. This trend suggests that the performance of the business is improving. During the past fiscal year, ASURE SOFTWARE INC continued to lose money by earning -$0.31 versus -$0.59 in the prior year. This year, the market expects an improvement in earnings ($0.09 versus -$0.31).
  • The gross profit margin for ASURE SOFTWARE INC is currently very high, coming in at 79.03%. It has increased from the same quarter the previous year. Regardless of the strong results of the gross profit margin, the net profit margin of -8.12% is in-line with the industry average.
  • Net operating cash flow has declined marginally to $0.07 million or 6.57% when compared to the same quarter last year. In addition, when comparing the cash generation rate to the industry average, the firm's growth is significantly lower.
  • The debt-to-equity ratio is very high at 4.08 and currently higher than the industry average, implying increased risk associated with the management of debt levels within the company. Along with this, the company manages to maintain a quick ratio of 0.45, which clearly demonstrates the inability to cover short-term cash needs.

You can view the full analysis from the report here:

Asure Software Ratings Report

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

Peerless Systems

(

PRLS

) was another company that pushed the Computer Software & Services industry higher today. Peerless Systems was up $0.07 (2.0%) to $3.64 on light volume. Throughout the day, 2,594 shares of Peerless Systems exchanged hands as compared to its average daily volume of 5,300 shares. The stock ranged in a price between $3.60-$3.65 after having opened the day at $3.60 as compared to the previous trading day's close of $3.57.

Peerless Systems Corporation develops and licenses software-based digital imaging and networking systems and supporting electronic technologies to original equipment manufacturers (OEMs) of digital document products located primarily in the United States and Japan. Peerless Systems has a market cap of $10.3 million and is part of the technology sector. Shares are down 1.9% year-to-date as of the close of trading on Monday. Currently there are no analysts who rate Peerless Systems a buy, no analysts rate it a sell, and none rate it a hold.

TheStreet Ratings rates Peerless Systems as a

hold

. The company's strengths can be seen in multiple areas, such as its largely solid financial position with reasonable debt levels by most measures, expanding profit margins and increase in stock price during the past year. However, as a counter to these strengths, we also find weaknesses including feeble growth in the company's earnings per share, deteriorating net income and disappointing return on equity.

Highlights from TheStreet Ratings analysis on PRLS go as follows:

  • PRLS has no debt to speak of therefore resulting in a debt-to-equity ratio of zero, which we consider to be a relatively favorable sign. Along with this, the company maintains a quick ratio of 49.98, which clearly demonstrates the ability to cover short-term cash needs.
  • The gross profit margin for PEERLESS SYSTEMS CORP is currently very high, coming in at 85.74%. Regardless of PRLS's high profit margin, it has managed to decrease from the same period last year. Despite the mixed results of the gross profit margin, PRLS's net profit margin of 9.32% is significantly lower than the industry average.
  • Return on equity has greatly decreased when compared to its ROE from the same quarter one year prior. This is a signal of major weakness within the corporation. Compared to other companies in the Software industry and the overall market, PEERLESS SYSTEMS CORP's return on equity significantly trails that of both the industry average and the S&P 500.
  • Net operating cash flow has significantly decreased to -$0.93 million or 374.55% when compared to the same quarter last year. In addition, when comparing to the industry average, the firm's growth rate is much lower.

You can view the full analysis from the report here:

Peerless Systems Ratings Report

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

Editor's Note: Any reference to TheStreet Ratings and its underlying recommendation does not reflect the opinion of TheStreet, Inc. or any of its contributors including Jim Cramer or Stephanie Link.