Ulta Salon Cosmetics & Fragrances Inc. (ULTA): Today's Featured Diversified Services Loser - TheStreet

Ulta Salon Cosmetics & Fragrances

(

ULTA

) pushed the Diversified Services industry lower today making it today's featured Diversified Services loser. The industry as a whole closed the day up 1.4%. By the end of trading, Ulta Salon Cosmetics & Fragrances fell 91 cents (-1%) to $93.26 on light volume. Throughout the day, 610,270 shares of Ulta Salon Cosmetics & Fragrances exchanged hands as compared to its average daily volume of 1.1 million shares. The stock ranged in price between $92.23-$94.54 after having opened the day at $94.54 as compared to the previous trading day's close of $94.17. Other company's within the Diversified Services industry that declined today were:

Teamstaff

(

TSTF

), down 10.1%,

WidePoint Corporation

(

WYY

), down 8.1%,

Fortune Industries

(

FFI

), down 6.3%, and

VirtualScopics

(

VSCP

), down 5.4%.

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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 $5.94 billion and is part of the

services

sector. The company has a P/E ratio of 45.6, 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 45.1% year to date as of the close of trading on Tuesday. 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,

China Distance Education Holdings

(

DL

), up 16.5%,

USA Technologies

(

USAT

), up 14.5%,

UTEK

(

INV

), up 13.2%, and

American Reprographics Company

(

ARP

), up 12.6%, were all gainers within the diversified services industry with

H&R Block

(

HRB

) being today's featured diversified services industry winner.

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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