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

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.

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 0.9%. By the end of trading, Ulta Salon Cosmetics & Fragrances fell $1.41 (-1.6%) to $86.15 on light volume. Throughout the day, 787,114 shares of Ulta Salon Cosmetics & Fragrances exchanged hands as compared to its average daily volume of 1,514,800 shares. The stock ranged in price between $85.72-$88.32 after having opened the day at $87.60 as compared to the previous trading day's close of $87.56. Other companies within the Diversified Services industry that declined today were: FTI Consulting ( FCN), down 18.8%, Steiner Leisure ( STNR), down 11.3%, eLong ( LONG), down 6.1% and Altisource Portfolio Solutions ( ASPS), down 5.7%.

There are now nearly 200 ULTA stores in US Drug Store and HBC Chains Revenue = 386900000. Ulta Salon Cosmetics & Fragrances has a market cap of $5.6 billion and is part of the services sector. Shares are down 9.3% year to date as of the close of trading on Wednesday. Currently there are 7 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, expanding profit margins, impressive record of earnings per share growth and compelling growth in net income. We feel these strengths outweigh the fact that the company has had lackluster performance in the stock itself.

On the positive front, LoJack Corporation ( LOJN), up 21.0%, Portfolio Recovery Associates ( PRAA), up 17.7%, Taomee Holdings ( TAOM), up 11.4% and Infoblox ( BLOX), up 11.1% , were all gainers within the diversified services industry with Alliance Data Systems Corporation ( ADS) 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.

More from Markets

Trump Takes Aim at Auto Imports; Markets End Mixed -- ICYMI

Trump Takes Aim at Auto Imports; Markets End Mixed -- ICYMI

Video: What Oprah's Content Partnership With Apple Means for the Rest of Tech

Video: What Oprah's Content Partnership With Apple Means for the Rest of Tech

REPLAY: Jim Cramer on the Markets, Oil, Starbucks, Tesla, Okta and Red Hat

REPLAY: Jim Cramer on the Markets, Oil, Starbucks, Tesla, Okta and Red Hat

Flashback Friday: The Market Movers

Flashback Friday: The Market Movers

OPEC Deal Doesn't Boost Production Enough to Drive Down Crude, Gasoline Prices

OPEC Deal Doesn't Boost Production Enough to Drive Down Crude, Gasoline Prices