HRB, ULTA And MHFI, Pushing Diversified Services Industry 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.

All three major indices are trading up today with the Dow Jones Industrial Average ( ^DJI) trading up 62 points (0.4%) at 17,123 as of Wednesday, July 16, 2014, 12:55 PM ET. The NYSE advances/declines ratio sits at 1,670 issues advancing vs. 1,271 declining with 202 unchanged.

The Diversified Services industry currently sits up 0.1% versus the S&P 500, which is up 0.4%. On the negative front, top decliners within the industry include Aaron's ( AAN), down 1.7%, Myriad Genetics ( MYGN), down 1.4%, CoStar Group ( CSGP), down 0.7% and AerCap Holdings ( AER), down 0.7%. Top gainers within the industry include Portfolio Recovery Associates ( PRAA), up 5.8%, Team Health Holdings ( TMH), up 4.2%, Financial Engines ( FNGN), up 2.3%, Synnex ( SNX), up 2.3% and Stantec ( STN), up 1.8%.

TheStreet would like to highlight 3 stocks pushing the industry lower today:

3. H&R Block ( HRB) is one of the companies pushing the Diversified Services industry lower today. As of noon trading, H&R Block is down $0.25 (-0.8%) to $32.47 on light volume. Thus far, 683,961 shares of H&R Block exchanged hands as compared to its average daily volume of 2.5 million shares. The stock has ranged in price between $32.45-$32.95 after having opened the day at $32.94 as compared to the previous trading day's close of $32.72.

H&R Block, Inc., through its subsidiaries, provides tax preparation and related services to the general public primarily in the United States, Canada, and Australia. H&R Block has a market cap of $9.0 billion and is part of the services sector. Shares are up 12.7% year-to-date as of the close of trading on Tuesday. Currently there are 5 analysts that rate H&R Block a buy, no analysts rate it a sell, and none rate it a hold.

TheStreet Ratings rates H&R Block as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, growth in earnings per share, expanding profit margins, good cash flow from operations and increase in stock price during the past year. 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 H&R Block 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, Ulta Salon Cosmetics & Fragrances ( ULTA) is down $0.86 (-0.9%) to $89.88 on light volume. Thus far, 257,152 shares of Ulta Salon Cosmetics & Fragrances exchanged hands as compared to its average daily volume of 987,500 shares. The stock has ranged in price between $89.63-$91.02 after having opened the day at $91.02 as compared to the previous trading day's close of $90.75.

ULTA Salon, Cosmetics & Fragrance, Inc. operates specialty retail stores in the United States. Its stores offer an assortment of branded and private label beauty products in cosmetics, fragrance, haircare, skincare, bath and body products, and salon styling tools. Ulta Salon Cosmetics & Fragrances has a market cap of $5.9 billion and is part of the services sector. Shares are down 6.0% year-to-date as of the close of trading on Tuesday. Currently there are 7 analysts that rate Ulta Salon Cosmetics & Fragrances a buy, no analysts rate it a sell, and 5 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 has had lackluster performance in the stock itself. Get the full Ulta Salon Cosmetics & Fragrances 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, McGraw Hill Financial ( MHFI) is down $0.93 (-1.1%) to $82.36 on average volume. Thus far, 549,586 shares of McGraw Hill Financial exchanged hands as compared to its average daily volume of 1.2 million shares. The stock has ranged in price between $82.11-$83.67 after having opened the day at $83.54 as compared to the previous trading day's close of $83.29.

McGraw Hill Financial, Inc., a financial intelligence company, provides credit ratings, benchmarks, and analytics to capital and commodity markets worldwide. McGraw Hill Financial has a market cap of $22.6 billion and is part of the services sector. Shares are up 6.5% year-to-date as of the close of trading on Tuesday. Currently there are 7 analysts that rate McGraw Hill Financial a buy, no analysts rate it a sell, and 4 rate it a hold.

TheStreet Ratings rates McGraw Hill Financial as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, solid stock price performance, impressive record of earnings per share growth, notable return on equity and reasonable valuation levels. We feel these strengths outweigh the fact that the company has had sub par growth in net income. Get the full McGraw Hill Financial 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 3 stocks, 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).

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