NEW YORK (

TheStreet Ratings

) -- Every trading day TheStreet Ratings' stock model reviews the investment ratings on around 4,300 U.S. traded stocks for potential upgrades or downgrades based on the latest available financial results and trading activity.

TheStreet Ratings released rating changes on 87 U.S. common stocks for week ending May 3, 2013. 35 stocks were upgraded and 52 stocks were downgraded by our stock model.

Rating Change #10

First Financial Bancorp

(FFBC) - Get Report

has been downgraded by TheStreet Ratings from buy to hold. The company's strengths can be seen in multiple areas, such as its expanding profit margins and reasonable valuation levels. However, as a counter to these strengths, we also find weaknesses including a generally disappointing performance in the stock itself, deteriorating net income and disappointing return on equity.

  • EXCLUSIVE OFFER: Jim Cramer's Protégé, Dave Peltier, only buys Stocks Under $10 that he thinks could potentially double. See what he's trading today with a 14-day FREE pass.

Highlights from the ratings report include:

  • The gross profit margin for FIRST FINL BANCORP INC/OH is currently very high, coming in at 81.20%. It has increased from the same quarter the previous year. Along with this, the net profit margin of 15.32% is above that of the industry average.
  • The company, on the basis of change in net income from the same quarter one year ago, has underperformed when compared to that of the S&P 500 and greatly underperformed compared to the Commercial Banks industry average. The net income has decreased by 18.6% when compared to the same quarter one year ago, dropping from $16.99 million to $13.82 million.
  • Reflecting the weaknesses we have cited, including the decline in the company's earnings per share, FFBC has underperformed the S&P 500 Index, declining 8.57% from its price level of one year ago. Looking ahead, we do not see anything in this company's numbers that would change the one-year trend. It was down over the last twelve months; and it could be down again in the next twelve. Naturally, a bull or bear market could sway the movement of this stock.

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First Financial Bancorp. operates as a bank holding company for First Financial Bank that provides commercial banking and other banking and banking-related services to individuals and businesses. The company has a P/E ratio of 14.2, below the S&P 500 P/E ratio of 17.7. First Financial has a market cap of $898.2 million and is part of the financial sector and banking industry. Shares are up 5.9% year to date as of the close of trading on Wednesday.

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Rating Change #9

Garmin Ltd

(GRMN) - Get Report

has been downgraded by TheStreet Ratings from buy to hold. The company's strengths can be seen in multiple areas, such as its largely solid financial position with reasonable debt levels by most measures, expanding profit margins and increase in net income. However, as a counter to these strengths, we also find weaknesses including a generally disappointing performance in the stock itself, disappointing return on equity and weak operating cash flow.

  • EXCLUSIVE OFFER: Jim Cramer's Protégé, Dave Peltier, only buys Stocks Under $10 that he thinks could potentially double. See what he's trading today with a 14-day FREE pass.

Highlights from the ratings report include:

  • GRMN has no debt to speak of therefore resulting in a debt-to-equity ratio of zero, which we consider to be a relatively favorable sign. Along with this, the company maintains a quick ratio of 2.79, which clearly demonstrates the ability to cover short-term cash needs.
  • The gross profit margin for GARMIN LTD is rather high; currently it is at 54.30%. It has increased from the same quarter the previous year. Along with this, the net profit margin of 16.66% significantly outperformed against the industry average.
  • Despite the weak revenue results, GRMN has outperformed against the industry average of 23.4%. Since the same quarter one year prior, revenues slightly dropped by 4.4%. The declining revenue has not hurt the company's bottom line, with increasing earnings per share.
  • Net operating cash flow has significantly decreased to $59.36 million or 51.43% when compared to the same quarter last year. Despite a decrease in cash flow GARMIN LTD is still fairing well by exceeding its industry average cash flow growth rate of -97.15%.
  • The company's current return on equity has slightly decreased from the same quarter one year prior. This implies a minor weakness in the organization. Compared to other companies in the Household Durables industry and the overall market on the basis of return on equity, GARMIN LTD has underperformed in comparison with the industry average, but has exceeded that of the S&P 500.

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Garmin Ltd., together with its subsidiaries, designs, develops, manufactures, and markets global positioning system (GPS) enabled products and other navigation, communication, and information products for the automotive/mobile, outdoor, fitness, marine, and general aviation markets worldwide. The company has a P/E ratio of 12.7, below the S&P 500 P/E ratio of 17.7. Garmin has a market cap of $6.88 billion and is part of the technology sector and electronics industry. Shares are down 17.3% year to date as of the close of trading on Thursday.

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Rating Change #8

Opko Health Inc

(OPK) - Get Report

has been downgraded by TheStreet Ratings from buy to hold. The company's strengths can be seen in multiple areas, such as its robust revenue growth, solid stock price performance and good cash flow from operations. However, as a counter to these strengths, we also find weaknesses including feeble growth in the company's earnings per share, deteriorating net income and disappointing return on equity.

  • EXCLUSIVE OFFER: Jim Cramer's Protégé, Dave Peltier, only buys Stocks Under $10 that he thinks could potentially double. See what he's trading today with a 14-day FREE pass.

Highlights from the ratings report include:

  • OPK's very impressive revenue growth greatly exceeded the industry average of 7.1%. Since the same quarter one year prior, revenues leaped by 180.7%. This growth in revenue does not appear to have trickled down to the company's bottom line, displayed by a decline in earnings per share.
  • Compared to its closing price of one year ago, OPK's share price has jumped by 42.32%, exceeding the performance of the broader market during that same time frame. Regarding the stock's future course, our hold rating indicates that we do not recommend additional investment in this stock despite its gains in the past year.
  • OPK's debt-to-equity ratio is very low at 0.11 and is currently below that of the industry average, implying that there has been very successful management of debt levels. Although the company had a strong debt-to-equity ratio, its quick ratio of 0.97 is somewhat weak and could be cause for future problems.
  • OPKO HEALTH INC has exprienced a steep decline in earnings per share in the most recent quarter in comparison to its performance from the same quarter a year ago. Earnings per share have declined over the last year. We anticipate that this should continue in the coming year. During the past fiscal year, OPKO HEALTH INC reported poor results of -$0.10 versus -$0.03 in the prior year. For the next year, the market is expecting a contraction of 70.0% in earnings (-$0.17 versus -$0.10).
  • The company, on the basis of change in net income from the same quarter one year ago, has significantly underperformed when compared to that of the S&P 500 and the Biotechnology industry. The net income has significantly decreased by 103.0% when compared to the same quarter one year ago, falling from $18.40 million to -$0.55 million.

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Opko Health, Inc., a pharmaceutical and diagnostics company, engages in the discovery, development, and commercialization of novel and proprietary technologies. It operates in two segments, Pharmaceuticals and Diagnostics. Opko Health has a market cap of $2.28 billion and is part of the health care sector and health services industry. Shares are up 43.9% year to date as of the close of trading on Tuesday.

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Opko Health Ratings Report

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Rating Change #7

Ritchie Bros. Auctioneers Inc

(RBA) - Get Report

has been downgraded by TheStreet Ratings from buy to hold. The company's strengths can be seen in multiple areas, such as its revenue growth, largely solid financial position with reasonable debt levels by most measures and expanding profit margins. However, as a counter to these strengths, we also find weaknesses including a generally disappointing performance in the stock itself, deteriorating net income and disappointing return on equity.

  • EXCLUSIVE OFFER: Jim Cramer's Protégé, Dave Peltier, only buys Stocks Under $10 that he thinks could potentially double. See what he's trading today with a 14-day FREE pass.

Highlights from the ratings report include:

  • The revenue growth came in higher than the industry average of 10.2%. Since the same quarter one year prior, revenues slightly increased by 0.8%. This growth in revenue does not appear to have trickled down to the company's bottom line, displayed by a decline in earnings per share.
  • The current debt-to-equity ratio, 0.35, is low and is below the industry average, implying that there has been successful management of debt levels. Along with the favorable debt-to-equity ratio, the company maintains an adequate quick ratio of 1.13, which illustrates the ability to avoid short-term cash problems.
  • RITCHIE BROS AUCTIONEERS INC's earnings per share declined by 23.5% in the most recent quarter compared to the same quarter a year ago. This company has not demonstrated a clear trend in earnings over the past two years, making it difficult to accurately predict earnings for the coming year. During the past fiscal year, RITCHIE BROS AUCTIONEERS INC increased its bottom line by earning $0.75 versus $0.72 in the prior year.
  • The company's current return on equity has slightly decreased from the same quarter one year prior. This implies a minor weakness in the organization. Compared to other companies in the Commercial Services & Supplies industry and the overall market on the basis of return on equity, RITCHIE BROS AUCTIONEERS INC has outperformed in comparison with the industry average, but has underperformed when compared to that of the S&P 500.
  • Reflecting the weaknesses we have cited, including the decline in the company's earnings per share, RBA has underperformed the S&P 500 Index, declining 6.63% from its price level of one year ago. Looking ahead, we do not see anything in this company's numbers that would change the one-year trend. It was down over the last twelve months; and it could be down again in the next twelve. Naturally, a bull or bear market could sway the movement of this stock.

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Ritchie Bros. Auctioneers Incorporated operates as an auctioneer of industrial equipment. The company has a P/E ratio of 28.8, above the S&P 500 P/E ratio of 17.7. Ritchie Bros. Auctioneers has a market cap of $2.15 billion and is part of the services sector and diversified services industry. Shares are down 6.2% year to date as of the close of trading on Thursday.

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Ritchie Bros. Auctioneers Ratings Report

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Rating Change #6

Royal Gold Inc

(RGLD) - Get Report

has been downgraded by TheStreet Ratings from buy to hold. The company's strengths can be seen in multiple areas, such as its revenue growth, largely solid financial position with reasonable debt levels by most measures and expanding profit margins. However, as a counter to these strengths, we also find weaknesses including a generally disappointing performance in the stock itself, disappointing return on equity and deteriorating net income.

  • EXCLUSIVE OFFER: Jim Cramer's Protégé, Dave Peltier, only buys Stocks Under $10 that he thinks could potentially double. See what he's trading today with a 14-day FREE pass.

Highlights from the ratings report include:

  • The revenue growth came in higher than the industry average of 4.0%. Since the same quarter one year prior, revenues slightly increased by 6.5%. This growth in revenue does not appear to have trickled down to the company's bottom line, displayed by a decline in earnings per share.
  • RGLD's debt-to-equity ratio is very low at 0.13 and is currently below that of the industry average, implying that there has been very successful management of debt levels. Along with this, the company maintains a quick ratio of 34.31, which clearly demonstrates the ability to cover short-term cash needs.
  • ROYAL GOLD INC has exprienced a steep decline in earnings per share in the most recent quarter in comparison to its performance from the same quarter a year ago. This company has reported somewhat volatile earnings recently. We feel it is likely to report a decline in earnings in the coming year. During the past fiscal year, ROYAL GOLD INC increased its bottom line by earning $1.60 versus $1.28 in the prior year. This year, the market expects earnings to be in line with last year ($1.60 versus $1.60).
  • The company's current return on equity has slightly decreased from the same quarter one year prior. This implies a minor weakness in the organization. When compared to other companies in the Metals & Mining industry and the overall market, ROYAL GOLD INC's return on equity is below that of both the industry average and the S&P 500.
  • The share price of ROYAL GOLD INC has not done very well: it is down 11.77% and has underperformed the S&P 500, in part reflecting the company's sharply declining earnings per share when compared to the year-earlier quarter. Looking ahead, we do not see anything in this company's numbers that would change the one-year trend. It was down over the last twelve months; and it could be down again in the next twelve. Naturally, a bull or bear market could sway the movement of this stock.

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Royal Gold, Inc., together with its subsidiaries, engages in the acquisition and management of precious metals royalties and similar production based interests. The company has a P/E ratio of 33, above the S&P 500 P/E ratio of 17.7. Royal has a market cap of $3.46 billion and is part of the basic materials sector and metals & mining industry. Shares are down 33.8% year to date as of the close of trading on Friday.

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Royal Ratings Report

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Rating Change #5

Body Central Corp

TheStreet Recommends

(BODY) - Get Report

has been upgraded by TheStreet Ratings from sell to hold. The company's strengths can be seen in multiple areas, such as its largely solid financial position with reasonable debt levels by most measures, attractive valuation levels and good cash flow from operations. However, as a counter to these strengths, we also find weaknesses including feeble growth in the company's earnings per share, deteriorating net income and disappointing return on equity.

  • EXCLUSIVE OFFER: Jim Cramer's Protégé, Dave Peltier, only buys Stocks Under $10 that he thinks could potentially double. See what he's trading today with a 14-day FREE pass.

Highlights from the ratings report include:

  • BODY has no debt to speak of therefore resulting in a debt-to-equity ratio of zero, which we consider to be a relatively favorable sign. Along with the favorable debt-to-equity ratio, the company maintains an adequate quick ratio of 1.31, which illustrates the ability to avoid short-term cash problems.
  • Net operating cash flow has increased to $5.04 million or 17.58% when compared to the same quarter last year. Despite an increase in cash flow, BODY CENTRAL CORP's cash flow growth rate is still lower than the industry average growth rate of 40.60%.
  • Return on equity has greatly decreased when compared to its ROE from the same quarter one year prior. This is a signal of major weakness within the corporation. In comparison to the other companies in the Specialty Retail industry and the overall market, BODY CENTRAL CORP's return on equity is significantly below that of the industry average and is below that of the S&P 500.
  • The gross profit margin for BODY CENTRAL CORP is currently lower than what is desirable, coming in at 34.00%. It has decreased from the same quarter the previous year. Along with this, the net profit margin of 3.31% trails that of the industry average.

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Body Central Corp. operates as a specialty retailer of young women's apparel and accessories in the South, Mid-Atlantic, and Midwest regions of the United States. The company has a P/E ratio of 13.7, below the S&P 500 P/E ratio of 17.7. Body Central has a market cap of $164.9 million and is part of the services sector and retail industry. Shares are up 0.5% year to date as of the close of trading on Friday.

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Body Central Ratings Report

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Rating Change #4

Fluor Corporation

(FLR) - Get Report

has been upgraded by TheStreet Ratings from hold to buy. The company's strengths can be seen in multiple areas, such as its revenue growth, increase in net income, good cash flow from operations, growth in earnings per share and largely solid financial position with reasonable debt levels by most measures. We feel these strengths outweigh the fact that the company has had lackluster performance in the stock itself.

  • EXCLUSIVE OFFER: Jim Cramer's Protégé, Dave Peltier, only buys Stocks Under $10 that he thinks could potentially double. See what he's trading today with a 14-day FREE pass.

Highlights from the ratings report include:

  • FLR's revenue growth has slightly outpaced the industry average of 11.1%. Since the same quarter one year prior, revenues rose by 14.2%. Growth in the company's revenue appears to have helped boost the earnings per share.
  • The net income growth from the same quarter one year ago has exceeded that of the S&P 500 and the Construction & Engineering industry average. The net income increased by 7.5% when compared to the same quarter one year prior, going from $154.88 million to $166.46 million.
  • Net operating cash flow has significantly increased by 53.85% to -$21.72 million when compared to the same quarter last year. In addition, FLUOR CORP has also vastly surpassed the industry average cash flow growth rate of -234.71%.
  • FLUOR CORP has improved earnings per share by 12.1% in the most recent quarter compared to the same quarter a year ago. This company has reported somewhat volatile earnings recently. But, we feel it is poised for EPS growth in the coming year. During the past fiscal year, FLUOR CORP reported lower earnings of $2.69 versus $3.40 in the prior year. This year, the market expects an improvement in earnings ($4.18 versus $2.69).
  • FLR's debt-to-equity ratio is very low at 0.15 and is currently below that of the industry average, implying that there has been very successful management of debt levels. Although the company had a strong debt-to-equity ratio, its quick ratio of 0.96 is somewhat weak and could be cause for future problems.

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Fluor Corporation, through its subsidiaries, provides engineering, procurement, construction, maintenance, and project management services worldwide. The company operates in five segments: Oil & Gas, Industrial & Infrastructure, Government, Global Services, and Power. The company has a P/E ratio of 20.7, above the S&P 500 P/E ratio of 17.7. Fluor has a market cap of $9.14 billion and is part of the industrial goods sector and materials & construction industry. Shares are down 2.2% year to date as of the close of trading on Friday.

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Fluor Ratings Report

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Rating Change #3

Masco Corporation

(MAS) - Get Report

has been upgraded by TheStreet Ratings from hold to buy. The company's strengths can be seen in multiple areas, such as its solid stock price performance, impressive record of earnings per share growth, revenue growth, notable return on equity and compelling growth in net income. We feel these strengths outweigh the fact that the company shows weak operating cash flow.

  • EXCLUSIVE OFFER: Jim Cramer's Protégé, Dave Peltier, only buys Stocks Under $10 that he thinks could potentially double. See what he's trading today with a 14-day FREE pass.

Highlights from the ratings report include:

  • Powered by its strong earnings growth of 45.45% and other important driving factors, this stock has surged by 51.93% over the past year, outperforming the rise in the S&P 500 Index during the same period. Regarding the stock's future course, although almost any stock can fall in a broad market decline, MAS should continue to move higher despite the fact that it has already enjoyed a very nice gain in the past year.
  • MASCO CORP has improved earnings per share by 45.5% in the most recent quarter compared to the same quarter a year ago. The company has demonstrated a pattern of positive earnings per share growth over the past two years. We feel that this trend should continue. During the past fiscal year, MASCO CORP continued to lose money by earning -$0.23 versus -$1.34 in the prior year. This year, the market expects an improvement in earnings ($0.68 versus -$0.23).
  • Despite its growing revenue, the company underperformed as compared with the industry average of 1.2%. Since the same quarter one year prior, revenues slightly increased by 0.1%. This growth in revenue appears to have trickled down to the company's bottom line, improving the earnings per share.
  • The company's current return on equity greatly increased when compared to its ROE from the same quarter one year prior. This is a signal of significant strength within the corporation. When compared to other companies in the Building Products industry and the overall market, MASCO CORP's return on equity has significantly outperformed in comparison with the industry average, but has underperformed when compared to that of the S&P 500.
  • The company, on the basis of net income growth from the same quarter one year ago, has significantly underperformed compared to the Building Products industry average, but is greater than that of the S&P 500. The net income increased by 42.4% when compared to the same quarter one year prior, rising from $33.00 million to $47.00 million.

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Masco Corporation engages in the manufacture, distribution, and installation of home improvement and building products primarily in North America and Europe. Masco has a market cap of $7.26 billion and is part of the industrial goods sector and materials & construction industry. Shares are up 23.8% year to date as of the close of trading on Tuesday.

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Masco Ratings Report

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Rating Change #2

Pilgrims Pride Corp

(PPC) - Get Report

has been upgraded by TheStreet Ratings from hold to buy. The company's strengths can be seen in multiple areas, such as its solid stock price performance, impressive record of earnings per share growth, compelling growth in net income, revenue growth and attractive valuation levels. We feel these strengths outweigh the fact that the company shows low profit margins.

  • EXCLUSIVE OFFER: Jim Cramer's Protégé, Dave Peltier, only buys Stocks Under $10 that he thinks could potentially double. See what he's trading today with a 14-day FREE pass.

Highlights from the ratings report include:

  • Investors have apparently begun to recognize positive factors similar to those we have mentioned in this report, including earnings growth. This has helped drive up the company's shares by a sharp 41.02% over the past year, a rise that has exceeded that of the S&P 500 Index. Regarding the stock's future course, although almost any stock can fall in a broad market decline, PPC should continue to move higher despite the fact that it has already enjoyed a very nice gain in the past year.
  • PILGRIM'S PRIDE CORP has improved earnings per share by 16.7% in the most recent quarter compared to the same quarter a year ago. The company has demonstrated a pattern of positive earnings per share growth over the past two years. We feel that this trend should continue. During the past fiscal year, PILGRIM'S PRIDE CORP turned its bottom line around by earning $0.71 versus -$2.32 in the prior year. This year, the market expects an improvement in earnings ($1.22 versus $0.71).
  • The net income growth from the same quarter one year ago has greatly exceeded that of the S&P 500, but is less than that of the Food Products industry average. The net income increased by 39.3% when compared to the same quarter one year prior, rising from $39.17 million to $54.58 million.
  • The revenue growth significantly trails the industry average of 42.5%. Since the same quarter one year prior, revenues slightly increased by 7.8%. This growth in revenue appears to have trickled down to the company's bottom line, improving the earnings per share.

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Pilgrim's Pride Corporation engages in the production, processing, marketing, and distribution of fresh, frozen, and value-added chicken products in the United States, Mexico, and Puerto Rico. The company has a P/E ratio of 13.9, below the S&P 500 P/E ratio of 17.7. Pilgrims Pride has a market cap of $2.52 billion and is part of the consumer goods sector and food & beverage industry. Shares are up 34.4% year to date as of the close of trading on Friday.

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Pilgrims Pride Ratings Report

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Rating Change #1

State Auto Financial Corporation

(STFC) - Get Report

has been upgraded by TheStreet Ratings from hold to buy. The company's strengths can be seen in multiple areas, such as its largely solid financial position with reasonable debt levels by most measures, attractive valuation levels, good cash flow from operations, solid stock price performance and notable return on equity. We feel these strengths outweigh the fact that the company has had sub par growth in net income.

  • EXCLUSIVE OFFER: Jim Cramer's Protégé, Dave Peltier, only buys Stocks Under $10 that he thinks could potentially double. See what he's trading today with a 14-day FREE pass.

Highlights from the ratings report include:

  • STFC's debt-to-equity ratio is very low at 0.16 and is currently below that of the industry average, implying that there has been very successful management of debt levels.
  • Net operating cash flow has significantly increased by 166.27% to $22.90 million when compared to the same quarter last year. In addition, STATE AUTO FINANCIAL CORP has also vastly surpassed the industry average cash flow growth rate of 6.58%.
  • Compared to where it was a year ago today, the stock is now trading at a higher level, regardless of the company's weak earnings results. Turning our attention to the future direction of the stock, it goes without saying that even the best stocks can fall in an overall down market. However, in any other environment, this stock still has good upside potential despite the fact that it has already risen in the past year.
  • STATE AUTO FINANCIAL CORP has exprienced a steep decline in earnings per share in the most recent quarter in comparison to its performance from the same quarter a year ago. This company has reported somewhat volatile earnings recently. But, we feel it is poised for EPS growth in the coming year. During the past fiscal year, STATE AUTO FINANCIAL CORP turned its bottom line around by earning $0.25 versus -$3.98 in the prior year. This year, the market expects an improvement in earnings ($0.89 versus $0.25).

.

State Auto Financial Corporation, through its subsidiaries, writes personal and business lines of insurance. The company operates through four segments: Personal insurance, Business insurance, Specialty insurance, and Investment operations. The company has a P/E ratio of 63.1, above the S&P 500 P/E ratio of 17.7. State Auto Financial has a market cap of $690 million and is part of the financial sector and insurance industry. Shares are up 14% year to date as of the close of trading on Tuesday.

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-- Reported by Kevin Baker in Palm Beach Gardens, Fla.

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Editor's Note: TheStreet ratings do not represent the views of TheStreet's staff or its contributors. Ratings are established by computer based on metrics for performance (which includes growth, stock performance, efficiency and valuation) and risk (volatility and solvency). Companies with poor cash flow or high debt levels tend to earn lower ratings in our model.

Kevin Baker became the senior financial analyst for TheStreet Ratings upon the August 2006 acquisition of Weiss Ratings by TheStreet.com, covering equity and mutual fund ratings. He joined the Weiss Group in 1997 as a banking and brokerage analyst. In 1999, he created the Weiss Group's first ratings to gauge the level of risk in U.S. equities. Baker received a B.S. degree in management from Rensselaer Polytechnic Institute and an M.B.A. with a finance specialization from Nova Southeastern University.