On Thursday, Peoples Fincl Svcs got an upgrade for its IBD SmartSelect Composite Rating from 94 to 96.
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The revised score means the stock currently tops 96% of all other stocks in terms of key performance metrics and technical strength. The best stocks tend to have a 95 or better grade as they launch a significant move so be sure to keep that in mind when looking for the best stocks to buy and watch.
Peoples Fincl Svcs is currently forming a consolidation, with a 59.70 buy point. See if the stock can break out in volume at least 40% above average. Understand that it is a thinly traded stock, with average daily dollar volume under $8 million. Less liquid stocks are more prone to volatile action since it takes fewer shares bought or sold to move the share price.
The stock earns an 87 EPS Rating, meaning its recent quarterly and longer-term annual earnings growth tops 87% of all stocks.
Its Accumulation/Distribution Rating of B shows moderate buying by institutional investors over the last 13 weeks.
In Q1, the company reported 175% earnings growth. That means it's now posted three straight quarters of rising EPS growth. Top line growth climbed 99%, up from 88% in the prior report. The company has now posted increasing growth in each of the last four reports. The company's next quarterly report is expected on or around Jul. 17.
Peoples Fincl Svcs earns the No. 2 rank among its peers in the Banks-Northeast industry group. Capital Bancorp is the No. 1-ranked stock 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.
