HNI Cp had its Relative Strength (RS) Rating upgraded from 77 to 81 Tuesday.
IBD's unique rating identifies share price action with a 1 (worst) to 99 (best) score. The rating shows how a stock's price behavior over the last 52 weeks holds up against all the other stocks in our database.
Decades of market research shows that the stocks that go on to make the biggest gains typically have an 80 or higher RS Rating as they launch their biggest price moves.
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HNI Cp is within a buy zone after moving past a 56.13 buy point in a flat base. Once a stock moves 5% or higher beyond the initial entry, it's considered out of buy range.
The company posted 11% EPS growth in its most recent report, while sales growth came in at -6%.
HNI Cp earns the No. 2 rank among its peers in the Household-Office Furniture industry group. Flexsteel Industries is the No. 1-ranked stock within the group.
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