VSE saw an improvement in its IBD SmartSelect Composite Rating Friday, 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. History shows the top market performers tend to have a 95 or higher score as they launch their major climbs.
VSE broke out earlier, but has fallen back below the prior 128.72 entry from a consolidation. In the case where a stock breaks out then falls 7% or more below the entry price, it's considered a failed breakout. If that happens, it's best to wait for a new pattern to take shape.
One weak spot is the company's 77 EPS Rating, which tracks quarterly and annual earnings-per-share 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 B shows moderate buying by institutional investors over the last 13 weeks.
The company posted a 73% EPS gain for Q1. It has now posted accelerating EPS growth for two consecutive quarters. Top line growth rose 58%, up from 27% in the prior quarter. That marks two quarters of rising growth.
VSE holds the No. 2 rank among its peers in the Commercial Services-Consulting industry group. Stantec 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.
