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The Diversified Services industry as a whole closed the day down 0.4% versus the S&P 500, which was down 0.1%. Laggards within the Diversified Services industry included

General Employment

(

JOB

), down 6.7%,

Bioanalytical Systems

(

BASI

), down 5.5%,

Spar Group

(

SGRP

), down 5.8%,

ATA

(

ATAI

), down 1.9% and

Essex Rental

(

ESSX

), down 1.6%.

TheStreet Ratings Group would like to highlight 3 stocks that pushed the industry lower today:

ATA

(

ATAI

) is one of the companies that pushed the Diversified Services industry lower today. ATA was down $0.08 (1.9%) to $4.15 on light volume. Throughout the day, 1,034 shares of ATA exchanged hands as compared to its average daily volume of 10,000 shares. The stock ranged in price between $4.15-$4.19 after having opened the day at $4.19 as compared to the previous trading day's close of $4.23.

ATA Inc. provides computer-based testing services in the People's Republic of China. ATA has a market cap of $98.2 million and is part of the services sector. Shares are up 5.5% year-to-date as of the close of trading on Tuesday.

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TheStreet Ratings rates

ATA

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 and expanding profit margins. However, as a counter to these strengths, we also find weaknesses including a generally disappointing performance in the stock itself, deteriorating net income and disappointing return on equity.

Highlights from TheStreet Ratings analysis on ATAI go as follows:

  • ATAI 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 2.83, which clearly demonstrates the ability to cover short-term cash needs.
  • The gross profit margin for ATA INC -ADS is rather high; currently it is at 56.34%. It has increased from the same quarter the previous year. Despite the strong results of the gross profit margin, ATAI's net profit margin of 5.45% significantly trails the industry average.
  • ATA INC -ADS 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, ATA INC -ADS increased its bottom line by earning $0.19 versus $0.16 in the prior year.
  • 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 Diversified Consumer Services industry. The net income has significantly decreased by 51.6% when compared to the same quarter one year ago, falling from $1.53 million to $0.74 million.
  • The company's current return on equity has slightly decreased from the same quarter one year prior. This implies a minor weakness in the organization. In comparison to the other companies in the Diversified Consumer Services industry and the overall market, ATA INC -ADS's return on equity is significantly below that of the industry average and is below that of the S&P 500.

TheStreet Recommends

You can view the full analysis from the report here:

ATA Ratings Report

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At the close,

Spar Group

(

SGRP

) was down $0.09 (5.8%) to $1.47 on average volume. Throughout the day, 18,725 shares of Spar Group exchanged hands as compared to its average daily volume of 20,300 shares. The stock ranged in price between $1.46-$1.62 after having opened the day at $1.59 as compared to the previous trading day's close of $1.56.

SPAR Group Inc., together with its subsidiaries, provides merchandising and other marketing services worldwide. Spar Group has a market cap of $32.3 million and is part of the services sector. Shares are down 21.2% year-to-date as of the close of trading on Tuesday.

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TheStreet Ratings rates

Spar Group

as a

hold

. 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 and notable return on equity. However, as a counter to these strengths, we also find weaknesses including weak operating cash flow, poor profit margins and a generally disappointing performance in the stock itself.

Highlights from TheStreet Ratings analysis on SGRP go as follows:

  • SGRP's revenue growth has slightly outpaced the industry average of 7.6%. Since the same quarter one year prior, revenues rose by 12.8%. This growth in revenue appears to have trickled down to the company's bottom line, improving the earnings per share.
  • The current debt-to-equity ratio, 0.39, is low and is below the industry average, implying that there has been successful management of debt levels. To add to this, SGRP has a quick ratio of 2.18, which demonstrates the ability of the company to cover short-term liquidity needs.
  • SPAR GROUP 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. During the past fiscal year, SPAR GROUP INC increased its bottom line by earning $0.15 versus $0.13 in the prior year.
  • The gross profit margin for SPAR GROUP INC is rather low; currently it is at 24.90%. Regardless of SGRP's low profit margin, it has managed to increase from the same period last year. Despite the mixed results of the gross profit margin, SGRP's net profit margin of 1.86% is significantly lower than the industry average.
  • Net operating cash flow has significantly decreased to -$1.92 million or 197.21% 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:

Spar Group 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.

Bioanalytical Systems

(

BASI

) was another company that pushed the Diversified Services industry lower today. Bioanalytical Systems was down $0.13 (5.5%) to $2.20 on light volume. Throughout the day, 2,705 shares of Bioanalytical Systems exchanged hands as compared to its average daily volume of 6,700 shares. The stock ranged in price between $2.20-$2.35 after having opened the day at $2.25 as compared to the previous trading day's close of $2.33.

Bioanalytical Systems, Inc. provides drug discovery and development services, and analytical instruments for pharmaceutical, biotechnology, academic, and government organizations in North America, the Pacific Rim, Europe, and internationally. Bioanalytical Systems has a market cap of $19.2 million and is part of the services sector. Shares are down 14.0% year-to-date as of the close of trading on Tuesday.

TheStreet Ratings rates

Bioanalytical Systems

as a

sell

. The company's weaknesses can be seen in multiple areas, such as its unimpressive growth in net income and weak operating cash flow.

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

Highlights from TheStreet Ratings analysis on BASI 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 Life Sciences Tools & Services industry. The net income has significantly decreased by 62.7% when compared to the same quarter one year ago, falling from $0.58 million to $0.22 million.
  • Net operating cash flow has significantly decreased to $0.21 million or 75.43% when compared to the same quarter last year. In addition, when comparing to the industry average, the firm's growth rate is much lower.
  • The company's current return on equity greatly increased when compared to its ROE from the same quarter one year prior. This is a signal of significant strength within the corporation. Compared to other companies in the Life Sciences Tools & Services industry and the overall market, BIOANALYTICAL SYSTEMS INC's return on equity significantly trails that of both the industry average and the S&P 500.
  • BIOANALYTICAL SYSTEMS INC 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, BIOANALYTICAL SYSTEMS INC turned its bottom line around by earning $0.09 versus -$0.87 in the prior year.
  • 39.46% is the gross profit margin for BIOANALYTICAL SYSTEMS INC which we consider to be strong. Regardless of BASI's high profit margin, it has managed to decrease from the same period last year. Despite the mixed results of the gross profit margin, the net profit margin of 3.56% trails the industry average.

You can view the full analysis from the report here:

Bioanalytical 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.