Get all your news in one place.
100’s of premium titles.
One app.
Start reading
Investors Business Daily
Investors Business Daily
Business
INVESTOR'S BUSINESS DAILY

Heritage Insurance Joins Elite List Of Stocks With 95-Plus Composite Rating

On Thursday, Heritage Insurance got an upgrade for its IBD SmartSelect Composite Rating from 93 to 96.

Looking For Winning Stocks? How To Invest In Both Bull And Bear Markets

The new rating is a sign the stock is outpacing 96% of all stocks when it comes to the most important stock-picking criteria.

Heritage Insurance has now climbed above a proper buy zone after breaking out from a 15.80 entry in a cup with handle.

One weak spot is the company's 43 EPS Rating, which tracks quarterly and annual earnings growth. Look for that to improve to 80 or better to show it's in the top 20% of all stocks.

Its Accumulation/Distribution Rating of A shows heavy buying by institutional investors over the last 13 weeks.

In Q1, the company posted 111% earnings growth. Top line growth came in at 11%, down from 12% in the previous quarter.

Heritage Insurance holds the No. 9 rank among its peers in the Insurance-Property/Casualty/Title industry group. Root Cl A, Skyward Specialty Ins and Goosehead Insurance Cl A are among the top 5 highly-rated stocks within the group.

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.

Sign up to read this article
Read news from 100’s of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.