NEW YORK ( TheStreet) -- Donaldson Company (NYSE: DCI) hit a new 52-week high Monday as it is currently trading at $76.71, above its previous 52-week high of $76.63 with 88,176 shares traded as of 1:42 p.m. ET. Average volume has been 299,300 shares over the past 30 days. Donaldson has a market cap of $5.27 billion and is part of the industrial goods sector and industrial industry. Shares are up 10.7% year to date as of the close of trading on Friday. Donaldson Company, Inc. engages in the manufacture and sale of filtration systems and replacement parts worldwide. The company operates in two segments, Engine Products and Industrial Products. The company has a P/E ratio of 24.3, above the average industrial industry P/E ratio of 23 and above the S&P 500 P/E ratio of 17.7.
TheStreet Ratings rates Donaldson as a buy. The company's strengths can be seen in multiple areas, such as its impressive record of earnings per share growth, revenue growth, notable return on equity, expanding profit margins and solid stock price performance. 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 Donaldson Ratings Report. See all 52-week high stocks or get investment ideas from our investment research center.