5 Stocks Dragging The Services Sector Downward

Editor's Note: Any reference to TheStreet Ratings and its underlying recommendation does not reflect the opinion of TheStreet, Inc. or any of its contributors including Jim Cramer or Stephanie Link.

Two out of the three major indices are trading lower today with the Dow Jones Industrial Average ( ^DJI) trading up 48 points (0.3%) at 16,465 as of Friday, Jan. 17, 2014, 11:55 AM ET. The NYSE advances/declines ratio sits at 1,451 issues advancing vs. 1,447 declining with 177 unchanged.

The Services sector currently sits up 0.1% versus the S&P 500, which is down 0.1%. On the negative front, top decliners within the sector include Atlas Air Worldwide Holdings ( AAWW), down 15.6%, Pandora Media ( P), down 3.0%, LKQ Corporation ( LKQ), down 2.7%, Delta Air Lines ( DAL), down 1.5% and Luxottica Group ( LUX), down 1.3%. Top gainers within the sector include MGM Resorts International ( MGM), up 2.4%, Michael Kors Holdings ( KORS), up 2.4%, Visa ( V), up 2.2%, Melco Crown Entertainment ( MPEL), up 2.0% and Wynn Resorts ( WYNN), up 1.7%.

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

5. Sally Beauty Holdings ( SBH) is one of the companies pushing the Services sector lower today. As of noon trading, Sally Beauty Holdings is down $1.13 (-3.9%) to $27.95 on heavy volume. Thus far, 1.4 million shares of Sally Beauty Holdings exchanged hands as compared to its average daily volume of 1.6 million shares. The stock has ranged in price between $27.83-$29.01 after having opened the day at $29.00 as compared to the previous trading day's close of $29.08.

Sally Beauty Holdings, Inc., through its subsidiaries, operates as a specialty retailer and distributor of professional beauty supplies primarily in North America, South America, and Europe. The company operates in two segments, Sally Beauty Supply and Beauty Systems Group. Sally Beauty Holdings has a market cap of $4.8 billion and is part of the specialty retail industry. The company has a P/E ratio of 19.8, above the S&P 500 P/E ratio of 17.7. Shares are down 3.8% year-to-date as of the close of trading on Thursday. Currently there are 4 analysts that rate Sally Beauty Holdings a buy, no analysts rate it a sell, and 5 rate it a hold.

TheStreet Ratings rates Sally Beauty Holdings as a buy. The company's strengths can be seen in multiple areas, such as its increase in stock price during the past year, growth in earnings per share, revenue growth, good cash flow from operations and expanding profit margins. We feel these strengths outweigh the fact that the company has had sub par growth in net income. Get the full Sally Beauty Holdings 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 liked this article you might like

Sally Beauty's Shares Look Mighty Fetching

Here's Why Amazon Hasn't Crushed Makeup Retailers Yet

These Stocks Are Ready to Reverse Course

The (Easier) Way to 100% Gains

Analysts' Actions -- ADP, Charter, Deere, Coty, Ulta Beauty and More