Hawkins saw an improvement in its IBD SmartSelect Composite Rating Friday, from 92 to 96.
Discover The 3 Keys To Successful Stock Investing
The new rating shows the stock is outpacing 96% of all stocks when it comes to the most important stock-picking criteria. History shows the top market performers tend to have a 95 or higher score as they launch their major moves.
Hawkins is now out of buy range after breaking out from a 127.00 entry in a cup with handle.
The stock earns an 88 EPS Rating, which means its recent quarterly and annual earnings growth is outpacing 88% of all stocks.
Its Accumulation/Distribution Rating of A- shows heavy buying by institutional investors, such as mutual funds and pension funds, over the last 13 weeks.
The company posted a 1% earnings-per-share gain for Q1. Top line growth increased 15%, up from 10% in the prior report. That marks six consecutive reports with rising growth.
Hawkins holds the No. 1 rank among its peers in the Chemicals-Basic industry group. Compass Minerals and DuPont de Nemours are also among the group's highest-rated stocks.
This article was created automatically with Stats Perform's Wordsmith software using data and article templates supplied by Investor's Business Daily. An IBD journalist may have edited the article.
