In a welcome move, Home BancShares saw its Relative Strength Rating rise from 70 to 75 on Monday.
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This exclusive rating from Investor's Business Daily tracks market leadership with a 1 (worst) to 99 (best) score. The rating shows how a stock's price behavior over the last 52 weeks compares to all the other stocks in our database.
Over 100 years of market history shows that the market's biggest winners typically have an 80 or better RS Rating in the early stages of their moves. See if Home BancShares can continue to rebound and clear that threshold.
Home BancShares is working on a consolidation with a 31.27 entry. See if it can clear the breakout price in heavy volume.
The company saw both earnings and sales growth rise last quarter. Earnings-per-share increased from 9% to 14%. Revenue rose from 5% to 6%. The next quarterly numbers are expected on or around Jul. 16.
The company holds the No. 26 rank among its peers in the Banks-Southeast industry group. Popular Inc., Red River Bancshares and SmartFinancial 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.
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