Caribou Coffee Stock Hits New 52-Week High (CBOU)

NEW YORK ( TheStreet) -- Caribou Coffee Company (Nasdaq: CBOU) hit a new 52-week high Thursday as it is currently trading at $18.46, above its previous 52-week high of $18.24 with 245,449 shares traded as of 9:55 a.m. ET. Average volume has been 252,700 shares over the past 30 days.

Caribou Coffee has a market cap of $342.4 million and is part of the services sector and leisure industry. Shares are up 26.1% year to date as of the close of trading on Wednesday.

Caribou Coffee Company, Inc. owns and operates coffeehouses. The company offers premium coffee and espresso-based beverages, as well as specialty teas, handcrafted beverages, foods, coffee lifestyle items, branded merchandise, and related products. The company has a P/E ratio of 10.6, above the average leisure industry P/E ratio of 9.8 and below the S&P 500 P/E ratio of 17.7.

TheStreet Ratings rates Caribou Coffee 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, notable return on equity, reasonable valuation levels and good cash flow from operations. We feel these strengths outweigh the fact that the company shows low profit margins. You can view the full Caribou Coffee Ratings Report.

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