Whole Foods Market Inc. (WFM): Today's Featured Services Loser

Whole Foods Market ( WFM) pushed the Services sector lower today making it today's featured Services loser. The sector as a whole closed the day down 0.9%. By the end of trading, Whole Foods Market fell 91 cents (-1%) to $93.86 on light volume. Throughout the day, 815,431 shares of Whole Foods Market exchanged hands as compared to its average daily volume of 1.9 million shares. The stock ranged in price between $93.63-$95.12 after having opened the day at $94.73 as compared to the previous trading day's close of $94.77. Other company's within the Services sector that declined today were: Scientific Learning Corporation ( SCIL), down 21.9%, Westinghouse Solar ( WEST), down 20.6%, Dover Motorsports ( DVD), down 14.7%, and Acorn International ( ATV), down 11%.

Whole Foods Market, Inc. engages in the ownership and operation of natural and organic food supermarkets. The company offers produce, seafood, grocery, meat and poultry, bakery, prepared foods and catering, coffee and tea, nutritional supplements, and vitamins. Whole Foods Market has a market cap of $17.16 billion and is part of the retail industry. The company has a P/E ratio of 42.5, above the average retail industry P/E ratio of 42.3 and above the S&P 500 P/E ratio of 17.7. Shares are up 34.4% year to date as of the close of trading on Friday. Currently there are 15 analysts that rate Whole Foods Market a buy, no analysts rate it a sell, and seven rate it a hold.

TheStreet Ratings rates Whole Foods Market 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, impressive record of earnings per share growth, compelling growth in net income and expanding profit margins. 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, DS Torm ( TRMD), up 22.6%, InfoSonics Corporation ( IFON), up 12.1%, Euroseas ( ESEA), up 10.8%, and Rada Electronics Industries ( RADA), up 6.8%, were all gainers within the services sector with Interpublic Group of Cos ( IPG) being today's featured services sector winner.

For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the services sector could consider iShares Dow Jones US Cons Services ( IYC) while those bearish on the services sector could consider ProShares Ultra Short Consumer Sers ( SCC).

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