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
NEW YORK (
) hit a new 52-week high Monday as it is currently trading at $48.57, above its previous 52-week high of $48.47 with 16,920 shares traded as of 9:35 a.m. ET. Average volume has been 754,100 shares over the past 30 days.
Rayonier has a market cap of $5.8 billion and is part of the
industry. Shares are up 8.4% year to date as of the close of trading on Friday.
Rayonier, Inc. engages in the sale and development of real estate and timberland management, as well as in the production and sale of cellulose fibers in the United States, New Zealand, and Australia. The company has a P/E ratio of 21.5, above the average conglomerates industry P/E ratio of 21 and above the S&P 500 P/E ratio of 17.7.
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TheStreet Ratings rates Rayonier as a
. The company's strengths can be seen in multiple areas, such as its compelling growth in net income, revenue growth, notable return on equity, expanding profit margins and increase in stock price during the past year. 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
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