NEW YORK (
) hit a new 52-week high Thursday as it is currently trading at $52.46, above its previous 52-week high of $52.06 with 137,642 shares traded as of 10 a.m. ET. Average volume has been 214,000 shares over the past 30 days.
Tim Hortons has a market cap of $7.61 billion and is part of the
industry. Shares are up 4.4% year to date as of the close of trading on Wednesday.
Tim Hortons Inc. develops, franchises, and operates quick service restaurants primarily in Canada and the United States. Its restaurants serve coffee and other hot and cold beverages, baked goods, sandwiches, soups, and other food products. The company has a P/E ratio of 13.7, above the average leisure industry P/E ratio of 12.2 and below the S&P 500 P/E ratio of 17.7.
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TheStreet Ratings rates Tim Hortons as a
. 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 notable return on equity. We feel these strengths outweigh the fact that the company shows low profit margins. You can view the full
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