5 Stocks Pushing The Services Sector Lower

Editor's Note: TheStreet ratings do not represent the views of TheStreet's staff or its contributors. Ratings are established by computer based on metrics for performance (which includes growth, stock performance, efficiency and valuation) and risk (volatility and solvency). Companies with poor cash flow or high debt levels tend to earn lower ratings in our model

Two out of the three major indices are trading up today with the Dow Jones Industrial Average ( ^DJI) trading up 19 points (0.1%) at 14,273 as of Wednesday, March 6, 2013, 12:05 PM ET. The NYSE advances/declines ratio sits at 1,527 issues advancing vs. 1,351 declining with 133 unchanged.

The Services sector currently sits up 0.2% versus the S&P 500, which is up 0.1%. On the negative front, top decliners within the sector include Fresh Market ( TFM), down 9.8%, eBay ( EBAY), down 3.0%, Luxottica Group ( LUX), down 2.2%, Grupo Televisa S.A ( TV), down 2.1% and CSX ( CSX), down 1.3%. Top gainers within the sector include CTC Media ( CTCM), up 12.2%, Charter Communications ( CHTR), up 2.8%, Las Vegas Sands ( LVS), up 2.7%, MGM Resorts International ( MGM), up 1.8% and Yum Brands ( YUM), up 1.8%.

TheStreet Ratings group would like to highlight 5 stocks pushing the sector lower today:

5. American Eagle Outfitters ( AEO) is one of the companies pushing the Services sector lower today. As of noon trading, American Eagle Outfitters is down $2.35 (-10.4%) to $20.20 on heavy volume Thus far, 10.4 million shares of American Eagle Outfitters exchanged hands as compared to its average daily volume of 3.5 million shares. The stock has ranged in price between $19.65-$20.83 after having opened the day at $20.60 as compared to the previous trading day's close of $22.55.

American Eagle Outfitters, Inc., together with its subsidiaries, operates as an apparel and accessories retailer in the United States and Canada. American Eagle Outfitters has a market cap of $4.3 billion and is part of the retail industry. The company has a P/E ratio of 20.8, above the S&P 500 P/E ratio of 17.7. Shares are up 9.9% year to date as of the close of trading on Tuesday. Currently there are 11 analysts that rate American Eagle Outfitters a buy, no analysts rate it a sell, and 9 rate it a hold.

TheStreet Ratings rates American Eagle Outfitters 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, solid stock price performance, expanding profit margins and good cash flow from operations. Although the company may harbor some minor weaknesses, we feel they are unlikely to have a significant impact on results. Get the full American Eagle Outfitters Ratings Report now.

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