ROST, SWY, WYNN, JCP And TGT, Pushing Services Sector Downward

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 65 points (-0.4%) at 15,111 as of Friday, June 14, 2013, 12:45 PM ET. The NYSE advances/declines ratio sits at 2,604 issues advancing vs. 474 declining with 57 unchanged.

The Services sector currently sits down 0.39 versus the S&P 500, which is down 0.25. On the negative front, top decliners within the sector include Myriad Genetics ( MYGN), down 8.54, Gannett ( GCI), down 7.48, Casey's General Stores ( CASY), down 3.68, Fidelity National Information Services ( FIS), down 2.01 and Urban Outfitters ( URBN), down 1.59. Top gainers within the sector include Charter Communications ( CHTR), up 4.1%, Grupo Aeroportuario del Sureste S.A.B. de ( ASR), up 3.8%, GameStop ( GME), up 3.8%, Cinemark Holdings ( CNK), up 2.4% and Panera Bread Company ( PNRA), up 2.4%.

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

5. Ross Stores ( ROST) is one of the companies pushing the Services sector lower today. As of noon trading, Ross Stores is down $0.71 (-1.1%) to $64.63 on light volume Thus far, 573,818 shares of Ross Stores exchanged hands as compared to its average daily volume of 1.9 million shares. The stock has ranged in price between $64.46-$65.95 after having opened the day at $65.34 as compared to the previous trading day's close of $65.34.

Ross Stores, Inc., together with its subsidiaries, operates off-price retail apparel and home fashion stores under the Ross Dress for Less and dd's DISCOUNTS brand names in the United States. It primarily offers apparel, accessories, footwear, and home fashions for the entire family. Ross Stores has a market cap of $14.0 billion and is part of the retail industry. The company has a P/E ratio of 17.3, below the S&P 500 P/E ratio of 17.7. Shares are up 20.8% year to date as of the close of trading on Thursday. Currently there are 9 analysts that rate Ross Stores a buy, no analysts rate it a sell, and 11 rate it a hold.

TheStreet Ratings rates Ross Stores 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, notable return on equity, good cash flow from operations and impressive record of earnings per share growth. We feel these strengths outweigh the fact that the company has had lackluster performance in the stock itself. Get the full Ross Stores Ratings Report now.

STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12-months. Learn more.

4. As of noon trading, Safeway ( SWY) is down $0.44 (-1.8%) to $24.38 on heavy volume Thus far, 8.6 million shares of Safeway exchanged hands as compared to its average daily volume of 5.2 million shares. The stock has ranged in price between $23.87-$24.90 after having opened the day at $24.79 as compared to the previous trading day's close of $24.82.

Safeway Inc., together with its subsidiaries, operates as a food and drug retailer in North America. Safeway has a market cap of $5.6 billion and is part of the retail industry. The company has a P/E ratio of 9.4, below the S&P 500 P/E ratio of 17.7. Shares are up 37.2% year to date as of the close of trading on Thursday. Currently there are 3 analysts that rate Safeway a buy, 3 analysts rate it a sell, and 6 rate it a hold.

TheStreet Ratings rates Safeway as a buy. The company's strengths can be seen in multiple areas, such as its increase in stock price during the past year, impressive record of earnings per share growth, increase in net income, attractive valuation levels and notable return on equity. We feel these strengths outweigh the fact that the company has had generally high debt management risk by most measures that we evaluated. Get the full Safeway Ratings Report now.

STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12-months. Learn more.

3. As of noon trading, Wynn Resorts ( WYNN) is down $1.76 (-1.3%) to $134.76 on light volume Thus far, 464,248 shares of Wynn Resorts exchanged hands as compared to its average daily volume of 1.2 million shares. The stock has ranged in price between $134.57-$137.11 after having opened the day at $135.97 as compared to the previous trading day's close of $136.52.

Wynn Resorts, Limited, together with its subsidiaries, engages in the development, ownership, and operation of destination casino resorts. Wynn Resorts has a market cap of $13.5 billion and is part of the leisure industry. The company has a P/E ratio of 24.0, above the S&P 500 P/E ratio of 17.7. Shares are up 21.4% year to date as of the close of trading on Thursday. Currently there are 13 analysts that rate Wynn Resorts a buy, no analysts rate it a sell, and 6 rate it a hold.

TheStreet Ratings rates Wynn Resorts as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, solid stock price performance, increase in net income, good cash flow from operations and expanding profit margins. Although no company is perfect, currently we do not see any significant weaknesses which are likely to detract from the generally positive outlook. Get the full Wynn Resorts Ratings Report now.

STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12-months. Learn more.

2. As of noon trading, J.C. Penney ( JCP) is down $0.50 (-2.7%) to $17.65 on light volume Thus far, 4.8 million shares of J.C. Penney exchanged hands as compared to its average daily volume of 17.1 million shares. The stock has ranged in price between $17.60-$18.01 after having opened the day at $18.01 as compared to the previous trading day's close of $18.15.

J. C. Penney Company, Inc., through its subsidiary, J. C. Penney Corporation, Inc., operates department stores. The company sells family apparel and footwear, accessories, fine and fashion jewelry, beauty products, and home furnishings. J.C. Penney has a market cap of $3.9 billion and is part of the retail industry. Shares are down 7.9% year to date as of the close of trading on Thursday. Currently there are 4 analysts that rate J.C. Penney a buy, 5 analysts rate it a sell, and 9 rate it a hold.

TheStreet Ratings rates J.C. Penney as a sell. The company's weaknesses can be seen in multiple areas, such as its deteriorating net income, generally high debt management risk, disappointing return on equity, poor profit margins and weak operating cash flow. Get the full J.C. Penney Ratings Report now.

STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12-months. Learn more.

1. As of noon trading, Target ( TGT) is down $0.44 (-0.6%) to $69.15 on average volume Thus far, 1.7 million shares of Target exchanged hands as compared to its average daily volume of 4.5 million shares. The stock has ranged in price between $69.08-$69.63 after having opened the day at $69.38 as compared to the previous trading day's close of $69.59.

Target Corporation operates general merchandise stores in the United States. Target has a market cap of $44.6 billion and is part of the retail industry. The company has a P/E ratio of 16.3, below the S&P 500 P/E ratio of 17.7. Shares are up 17.6% year to date as of the close of trading on Thursday. Currently there are 11 analysts that rate Target a buy, no analysts rate it a sell, and 8 rate it a hold.

TheStreet Ratings rates Target as a buy. The company's strengths can be seen in multiple areas, such as its good cash flow from operations, largely solid financial position with reasonable debt levels by most measures and increase in stock price during the past year. We feel these strengths outweigh the fact that the company has had sub par growth in net income. Get the full Target Ratings Report now.

STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12-months. Learn more.

If you are interested in one of these 5 stocks, 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).

A reminder about TheStreet Ratings group: 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.

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