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

Ulta Salon Cosmetics & Fragrances ( ULTA) pushed the Diversified Services industry lower today making it today's featured Diversified Services laggard. The industry as a whole closed the day up 1.1%. By the end of trading, Ulta Salon Cosmetics & Fragrances fell $1.11 (-1.1%) to $99.01 on light volume. Throughout the day, 594,015 shares of Ulta Salon Cosmetics & Fragrances exchanged hands as compared to its average daily volume of 1,168,000 shares. The stock ranged in price between $98.58-$100.69 after having opened the day at $100.00 as compared to the previous trading day's close of $100.12. Other companies within the Diversified Services industry that declined today were: Document Security Systems ( DSS), down 18.7%, Spar Group ( SGRP), down 8.8%, UniTek Global Services ( UNTK), down 7.1% and PDI ( PDII), down 6.6%.

Ulta Salon, Cosmetics & Fragrance, Inc. operates specialty retail stores in the United States. Its stores offer cosmetics, fragrance, haircare, and skincare products, as well as related accessories and services. Ulta Salon Cosmetics & Fragrances has a market cap of $6.3 billion and is part of the services sector. The company has a P/E ratio of 34.8, above the S&P 500 P/E ratio of 17.7. Shares are up 1.0% year to date as of the close of trading on Friday. Currently there are 6 analysts that rate Ulta Salon Cosmetics & Fragrances a buy, no analysts rate it a sell, and 3 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, impressive record of earnings per share growth, compelling growth in net income 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, DLH Holdings ( DLHC), up 12.5%, Cadiz ( CDZI), up 12.4%, ADT Corporation ( ADT), up 12.3% and Daegis ( DAEG), up 11.1% , were all gainers within the diversified services industry with Visa ( V) being today's featured diversified services industry leader.

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).

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

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