NEW YORK ( TheStreet) -- BMC Software (Nasdaq: BMC) hit a new 52-week high Friday as it traded at $51.03 compared with its previous 52-Week high of $50.99. BMC Software is changing hands at $50.92 with 969,840 shares traded as of 12:50 p.m. ET. Average volume has been 1.8 million shares over the past 30 days. BMC Software has a market cap of $9 billion and is part of the technology sector and computer software & services industry. Shares are up 7.1% year to date as of the close of trading on Thursday. BMC Software, Inc. develops software that provides system and service management, and automation solutions primarily for enterprises in the United States and internationally. The company has a P/E ratio of 20.4, equal to the average computer software & services industry P/E ratio and below the S&P 500 P/E ratio of 23.4. TheStreet Ratings rates BMC Software as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, largely solid financial position with reasonable debt levels by most measures, solid stock price performance, good cash flow from operations and growth in earnings per share. We feel these strengths outweigh the fact that the company has had sub par growth in net income. You can view the full BMC Software Ratings Report. See all 52-week high stocks or get investment ideas from our investment research center.
TheStreet’s Fundamentals of Investing Course will teach you the keys to making the right decisions in any market.
TheStreet’s Personal Finance Essentials Course will teach you money management basics and investing strategies to help you avoid major financial pitfalls.
TheStreet Courses offers dedicated classes designed to improve your investing skills, stock market knowledge and money management capabilities.
More from Markets
S&P 500 and Nasdaq Post Record Closing Highs Pushed by Strong Earnings
Stocks end higher Tuesday with the S&P 500 and the Nasdaq setting record closings.
Striking Options: Crude Surges and Earnings in Full Swing
Global oil prices and geopolitical tensions rise as waivers to buy Iranian oil expire.
Jim Cramer: Short-Sellers Provided the Ammo for Tuesday's Biggest Winners
Days like this are reminders of how important short-selling can be to an up market.
Cramer Called It: Why Amazon Is So Critical to Kohl's
Kohl's shares spike after retailer expands returns deal with Amazon. Jim Cramer called it weeks ago during his Action Alerts Plus Members Only call. Watch the clip.