UniFirst Stock Hits New 52-Week High (UNF)

NEW YORK ( TheStreet) -- UniFirst Corporation (NYSE: UNF) hit a new 52-week high Friday as it is currently trading at $62.45, above its previous 52-week high of $62.21 with 14,613 shares traded as of 9:45 a.m. ET. Average volume has been 57,500 shares over the past 30 days.

UniFirst has a market cap of $914.3 million and is part of the consumer goods sector and consumer non-durables industry. Shares are up 8.2% year to date as of the close of trading on Thursday.

UniFirst Corporation, together with its subsidiaries, provides workplace uniforms and protective work wear clothing in the United States, Canada, and Europe. The company has a P/E ratio of 15.6, above the average consumer non-durables industry P/E ratio of 15.3 and below the S&P 500 P/E ratio of 17.7.

TheStreet Ratings rates UniFirst 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, attractive valuation levels, solid stock price performance and good cash flow from operations. We feel these strengths outweigh the fact that the company has had somewhat disappointing return on equity. You can view the full UniFirst Ratings Report.

See all 52-week high stocks or get investment ideas from our investment research center.

If you liked this article you might like

5 Things You Must Know Before the Market Opens Wednesday

Get Ready For a Flood of Earnings, and the Healthcare Bill: Week Ahead

5 Things You Must Know Before the Market Opens Wednesday

Week Ahead: Financials, Health Care on Edge as Obamacare Escapes GOP Axe

3 Stocks Going Ex-Dividend Tomorrow: GARS, UNF, ITT