5 Services Stocks Dragging The Sector Down

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

All three major indices are trading down today with the Dow Jones Industrial Average ( ^DJI) trading down 34 points (-0.2%) at 14,831 as of Friday, April 12, 2013, 12:50 PM ET. The NYSE advances/declines ratio sits at 825 issues advancing vs. 2,080 declining with 130 unchanged.

The Services sector currently sits down 0.40 versus the S&P 500, which is down 0.51. On the negative front, top decliners within the sector include J.B. Hunt Transport Services ( JBHT), down 2.96, CH Robinson Worldwide ( CHRW), down 2.77, Shaw Communications ( SJR), down 2.75, Michael Kors Holdings ( KORS), down 2.50 and MasterCard Incorporated ( MA), down 1.77. Top gainers within the sector include Liberty Media Corporation ( LMCA), up 2.9%, Chipotle Mexican Grill ( CMG), up 2.6%, Home Depot ( HD), up 2.3%, McDonald's Corporation ( MCD), up 1.4% and CSX ( CSX), up 1.3%.

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

5. Jacobs Engineering Group ( JEC) is one of the companies pushing the Services sector lower today. As of noon trading, Jacobs Engineering Group is down $1.53 (-2.8%) to $53.10 on average volume Thus far, 643,604 shares of Jacobs Engineering Group exchanged hands as compared to its average daily volume of 982,800 shares. The stock has ranged in price between $53.05-$54.39 after having opened the day at $54.35 as compared to the previous trading day's close of $54.63.

Jacobs Engineering Group Inc. provides technical, professional, and construction services to various industrial, commercial, and governmental clients worldwide. Jacobs Engineering Group has a market cap of $7.1 billion and is part of the diversified services industry. The company has a P/E ratio of 18.0, above the S&P 500 P/E ratio of 17.7. Shares are up 28.3% year to date as of the close of trading on Thursday.

TheStreet Ratings rates Jacobs Engineering Group as a buy. The company's strengths can be seen in multiple areas, such as its solid stock price performance, growth in earnings per share, increase in net income, revenue growth and largely solid financial position with reasonable debt levels by most measures. We feel these strengths outweigh the fact that the company has had somewhat disappointing return on equity. Get the full Jacobs Engineering Group Ratings Report now.

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