The Relative Strength (RS) Rating for Southwest Gas Holdings moved into a higher percentile Wednesday, as it got a lift from 69 to 74.
IBD's unique rating identifies share price performance with a 1 (worst) to 99 (best) score. The rating shows how a stock's price performance over the trailing 52 weeks holds up against all the other stocks in our database.
Decades of market research reveals that the best stocks often have an RS Rating of at least 80 as they begin their largest price moves. See if Southwest Gas Holdings can continue to show renewed price strength and hit that benchmark.
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Southwest Gas Holdings is working on a cup with handle with a 78.92 entry. See if the stock can clear the breakout price in heavy trade.
While earnings-per-share growth decreased in the prior quarter from -43% to -47%, sales grew -8%, up from -9% in the previous report. The company is expected to report its latest results on or around Feb. 26.
The company earns the No. 8 rank among its peers in the Utility-Gas Distribution industry group. National Fuel Gas, Atmos Energy and New Jersey Resources are among the top 5 highly rated stocks within the group.
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