The new rating shows Regal Beloit 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.
Regal Beloit Stock Accumulated By Big Investors
Beloit, Wis.-based Regal Beloit earns an 86 EPS Rating, which means its recent quarterly and longer-term annual earnings growth is outpacing 86% of all stocks.
Its Accumulation/Distribution Rating of B shows moderate buying by institutional investors over the last 13 weeks.
In Q2, the maker of electric motors, generators, controls and other components and systems reported 140% EPS growth, to $2.28. It has now posted year-over-year EPS increases for four consecutive quarters. Top line grew 40% to $886.9 million, up from 11% growth in the prior quarter. The company has now also posted rising sales growth in each of the last four quarters.
Regal Beloit stock is currently forming a consolidation, with a 159.74 buy point. Look for the stock to break out in heavy trade, ideally at least 40% higher than normal.
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