NEW YORK (

TheStreet

) --

Elizabeth Arden

(Nasdaq:

RDEN

) hit a new 52-week high Wednesday as it is currently trading at $37.09, above its previous 52-week high of $36.85 with 272,822 shares traded as of 2:40 p.m. ET. Average volume has been 182,000 shares over the past 30 days.

Elizabeth Arden has a market cap of $951 million and is part of the

consumer goods

sector and

consumer non-durables

industry. Shares are up 48.6% year to date as of the close of trading on Tuesday.

Elizabeth Arden, Inc., a beauty products company, engages in the manufacture, distribution, marketing, and sale of fragrances, skin care, and cosmetic products to retailers and other outlets worldwide. The company has a P/E ratio of 21.9, above the average consumer non-durables industry P/E ratio of 21.1 and above the S&P 500 P/E ratio of 17.7.

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TheStreet Ratings rates Elizabeth Arden as a

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 expanding profit margins. We feel these strengths outweigh the fact that the company shows weak operating cash flow. You can view the full

Elizabeth Arden Ratings Report

.

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