Hansen Natural Reaches New 52-Week High (HANS)

NEW YORK ( TheStreet) -- Hansen Natural Corporation (Nasdaq: HANS) hit a new 52-week high Friday as it is currently trading at $97.23, above its previous 52-week high of $96.94 with 2.6 million shares traded as of 2:55 p.m. ET. Average volume has been 1.4 million shares over the past 30 days.

Hansen Natural has a market cap of $7.8 billion and is part of the consumer goods sector and food & beverage industry. Shares are up 72.4% year to date as of the close of trading on Thursday.

Hansen Natural Corporation, through its subsidiaries, develops, markets, sells, and distributes beverages in the United States and internationally. The company has a P/E ratio of 32.3, above the average food & beverage industry P/E ratio of 32.2 and above the S&P 500 P/E ratio of 17.7.
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TheStreet Ratings rates Hansen Natural 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. We feel these strengths outweigh the fact that the company is trading at a premium valuation based on our review of its current price compared to such things as earnings and book value. You can view the full Hansen Natural Ratings Report.

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