CrowdStrike Stock Key Rating Jumps; Near-Best Composite For Cybersecurity Firm

Cybersecurity stocks continue to outperform as the companies take the fight to cyberterrorists and others posing an online threat. CrowdStrike Holdings (CRWD) is among the top-rated companies in the group. On Tuesday, CrowdStrike stock’s IBD SmartSelect Composite Rating climbed to a near-best 96, up from 94 the day before.


The upgrade means the stock is now outpacing 96% of all other stocks in terms of key performance metrics and technical strength.

CrowdStrike Stock Up 600% Since Covid Crash

Sunnyvale, Calif.-based CrowdStrike has grown at a rapid clip since its IPO in June 2019. And CrowdStrike stock has soared more than 600% from a coronavirus crash low of 35.98 in late March 2020 to 255.14 Tuesday afternoon, up about 0.5% for the day.

Among other key metrics, CrowdStrike stock has a 92 IBD Relative Strength Rating. The RS Rating is a 1-99 score of a stock’s 12-month performance. Leading stocks tend to have RS Ratings of 80 before big price runs.

Additionally, CrowdStrike stock has an excellent A Accumulation/Distribution Rating. The A/D Rating gauges how heavily institutional investors are buying and selling, on an A+ to E scale. An A rating means big money is heavily buying CrowdStrike shares.

Regarding fundamentals, in Q1, the company posted 400% earnings-per-share growth. EPS grew 125%, 214% and 750% the prior three periods. Although it’s seeing tremendous profit growth, its actual profits are still small, 10 cents a share last quarter. That may contribute to its lackluster 67 EPS Rating on a 1-99 scale. Sales grew 70% last quarter to $302.8 million. It posted sales growth of 84%, 86% and 74% the three previous quarters.

Other Top-Five Stocks In Group

CrowdStrike Stock earns the No. 2 rank among its peers in the Computer Software-Security industry group. Fortinet (FTNT) is the No. 1-ranked stock within the group. And Mimecast (MIME) is No. 3

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One weak spot is CrowdStrike’s 67 EPS Rating, which tracks quarterly and annual earnings growth. Look for that to improve to 80 or better to show it’s in the top 20% of all stocks.

CrowdStrike stock is currently about 2% above a 251.38 entry from a consolidation. But note that it’s a later-stage base, which makes it a riskier entry point.


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