NEW YORK (

TheStreet

) --

Goodrich Corporation

(NYSE:

GR

) hit a new 52-week high Tuesday as it is currently trading at $126.23, above its previous 52-week high of $126.22 with 334,411 shares traded as of 1:15 p.m. ET. Average volume has been 1.3 million shares over the past 30 days.

Goodrich has a market cap of $15.59 billion and is part of the

industrial goods

sector and

aerospace/defense

industry. Shares are up 1.9% year to date as of the close of trading on Monday.

TST Recommends

Goodrich Corporation supplies aerospace components, systems, and services for the commercial and general aviation airplane, and defense and space markets primarily in the United States, Europe, Canada, and the Asia Pacific. The company has a P/E ratio of 19.9, below the average aerospace/defense industry P/E ratio of 22.2 and above the S&P 500 P/E ratio of 17.7.

  • Sign up for TheStreet's FREE Dividend and Income Investor Newsletter

TheStreet Ratings rates Goodrich as a

buy

. The company's strengths can be seen in multiple areas, such as its robust revenue growth, largely solid financial position with reasonable debt levels by most measures, impressive record of earnings per share growth, compelling growth in net income and expanding profit margins. Although the company may harbor some minor weaknesses, we feel they are unlikely to have a significant impact on results. You can view the full

Goodrich Ratings Report

.

See all

52-week high stocks

or get investment ideas from our

investment research center

.

null