Peoples Fincl Svcs saw an improvement in its IBD SmartSelect Composite Rating Tuesday, from 94 to 96.
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The new rating shows the stock is outpacing 96% of all stocks when it comes to the most important stock-picking criteria. The top-performing 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 entry. See if the stock can break out in volume at least 40% higher than normal. Be aware that it's a thinly traded stock, with average daily dollar volume under $8 million. Such stocks may experience more volatility than those with more liquidity.
The stock has an 87 EPS Rating, which means its recent quarterly and longer-term annual earnings growth is outpacing 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% EPS growth. It has now posted accelerating EPS increases for three consecutive quarters. Revenue growth increased 99%, up from 88% in the prior report. That marks four consecutive reports with rising growth. The company's next quarterly report is expected on or around Jul. 17.
Peoples Fincl Svcs holds the No. 4 rank among its peers in the Banks-Northeast industry group. Capital Bancorp is the top-ranked stock within the group.
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