NEW YORK ( TheStreet) -- Shares of Timberland Company (NYSE: TBL) were gapping up Thursday morning with an open price 16.2% higher than Wednesday's closing price. The stock closed at $29.50 Wednesday and opened today's trading at $34.27. The average volume for Timberland has been 448,800 shares per day over the past 30 days. Timberland has a market cap of $1.1 billion and is part of the consumer goods sector and consumer non-durables industry. The Timberland Company engages in the design, development, engineering, marketing, and distribution of footwear, apparel, and accessories products for men, women, and children. The company has a P/E ratio of 20.1, above the average consumer non-durables industry P/E ratio of 20 and below the S&P 500 P/E ratio of 23.3. TheStreet Ratings rates Timberland 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 largely solid financial position with reasonable debt levels by most measures. We feel these strengths outweigh the fact that the company shows weak operating cash flow. You can view the full Timberland Ratings Report. Get more investment ideas from our investment research center.