Cabela's Rises On Unusually High Volume (CAB)
NEW YORK (
) --
(NYSE:
) is trading at unusually high volume Thursday with 1.9 million shares changing hands. It is currently at four times its average daily volume and trading up $2 (+7%) at $30.40 as of 12:25 p.m. ET.
Cabela's has a market cap of $1.82 billion and is part of the
sector and
industry. Shares are up 11.7% year to date as of the close of trading on Wednesday.
Cabela's Incorporated, together with its subsidiaries, operates as a specialty retailer and direct marketer of hunting, fishing, camping, and related outdoor merchandise. The company has a P/E ratio of 14.3, above the average specialty retail industry P/E ratio of 13.2 and below the S&P 500 P/E ratio of 17.7.
TheStreet Ratings rates Cabela's as a
. The company's strengths can be seen in multiple areas, such as its revenue growth, impressive record of earnings per share growth, compelling growth in net income, attractive valuation levels and good cash flow from operations. We feel these strengths outweigh the fact that the company has had generally poor debt management on most measures that we evaluated. You can view the full
.
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