Ulta Salon Cosmetics & Fragrances

(

ULTA

) pushed the Diversified Services industry lower today making it today's featured Diversified Services laggard. The industry as a whole closed the day down 0.2%. By the end of trading, Ulta Salon Cosmetics & Fragrances fell $2.63 (-3%) to $84.88 on average volume. Throughout the day, 887,610 shares of Ulta Salon Cosmetics & Fragrances exchanged hands as compared to its average daily volume of one million shares. The stock ranged in price between $84.63-$88.11 after having opened the day at $87.45 as compared to the previous trading day's close of $87.51. Other company's within the Diversified Services industry that declined today were:

Oxygen Biotherapeutics

(

OXBT

), down 15.1%,

World Energy Solutions

(

XWES

), down 11.6%,

China Distance Education Holdings

(

DL

), down 10.5%, and

Heidrick & Struggles International

(

HSII

), down 10.5%.

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Ulta Salon, Cosmetics & Fragrance, Inc. operates as a beauty retailer that provides prestige, mass, and salon products; and salon services in the United States. Ulta Salon Cosmetics & Fragrances has a market cap of $5.5 billion and is part of the

services

sector. The company has a P/E ratio of 42.2, equal to the average diversified services industry P/E ratio and above the S&P 500 P/E ratio of 17.7. Shares are up 34.8% year to date as of the close of trading on Monday. Currently there are five analysts that rate Ulta Salon Cosmetics & Fragrances a buy, no analysts rate it a sell, and four rate it a hold.

TheStreet Ratings rates Ulta Salon Cosmetics & Fragrances as a

buy

. The company's strengths can be seen in multiple areas, such as its robust revenue growth, largely solid financial position with reasonable debt levels by most measures, notable return on equity, expanding profit margins and good cash flow from operations. We feel these strengths outweigh the fact that the company is trading at a premium valuation based on our review of its current price compared to such things as earnings and book value.

On the positive front,

Rainmaker Systems

(

RMKR

), up 9.9%,

Corporate Executive Board Company

(

EXBD

), up 9.6%,

Carbonite

(

CARB

), up 8.2%, and

Bridgepoint Education

(

BPI

), up 8%, were all gainers within the diversified services industry with

Tyco International

(

TYC

) being today's featured diversified services industry leader.

For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the diversified services industry could consider

iShares Dow Jones US Cons Services

(

IYC

) while those bearish on the diversified services industry could consider

ProShares Ultra Short Consumer Sers

(

SCC

).

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