On Monday, TXNM Energy got an upgrade for its IBD SmartSelect Composite Rating from 94 to 96.
The upgrade means the stock currently tops 96% of all other stocks in terms of key performance metrics and technical strength.
TXNM Energy is trading within a buy range from a 50.28 entry from a flat base.
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The stock has an 81 EPS Rating, which means its recent quarterly and longer-term annual earnings growth is outpacing 81% of all stocks.
Its Accumulation/Distribution Rating of C shows a roughly equal amount of buying and selling by institutional investors over the last 13 weeks.
In Q4, the company posted 67% EPS growth. Revenue growth rose 16%, up from 13% in the prior report. That marks five quarters of rising growth.
TXNM Energy holds the No. 1 rank among its peers in the Utility-Electric Power industry group. OGE Energy and Evergy are also among the group's highest-rated stocks.
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