Cabela's Stock Hits New 52-Week High (CAB)

NEW YORK ( TheStreet) -- Cabela's (NYSE: CAB) hit a new 52-week high Friday as it is currently trading at $33.13, above its previous 52-week high of $32.37 with 1.4 million shares traded as of 12:55 p.m. ET. Average volume has been 471,400 shares over the past 30 days.

Cabela's has a market cap of $1.82 billion and is part of the services sector and specialty retail industry. Shares are up 27.1% year to date as of the close of trading on Thursday.

Cabela's Incorporated, together with its subsidiaries, operates as a specialty retailer and direct marketer of hunting, fishing, camping, and related outdoor merchandise. The company has a P/E ratio of 14.4, above the average specialty retail industry P/E ratio of 13.2 and below the S&P 500 P/E ratio of 17.7.

TheStreet Ratings rates Cabela's as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, impressive record of earnings per share growth, compelling growth in net income, attractive valuation levels and good cash flow from operations. We feel these strengths outweigh the fact that the company has had generally poor debt management on most measures that we evaluated. You can view the full Cabela's Ratings Report.

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