Shuffle Master Reaches New 52-Week High (SHFL)

NEW YORK ( TheStreet) -- Shuffle Master (Nasdaq: SHFL) hit a new 52-week high Friday as it is currently trading at $17.50, above its previous 52-week high of $17.49 with 196,657 shares traded as of 10:34 a.m. ET. Average volume has been 339,600 shares over the past 30 days.

Shuffle Master has a market cap of $676.6 million and is part of the consumer goods sector and consumer durables industry. Shares are up 47% year to date as of the close of trading on Thursday.

Shuffle Master, Inc. manufactures and distributes gaming devices, and operates inter-casino linked systems and slot routes. It leases, licenses, and sells its products. The company has a P/E ratio of 27.1, above the average consumer durables industry P/E ratio of 21.8 and above the S&P 500 P/E ratio of 17.7.

TheStreet Ratings rates Shuffle Master 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, solid stock price performance, impressive record of earnings per share growth and compelling growth in net income. Although no company is perfect, currently we do not see any significant weaknesses which are likely to detract from the generally positive outlook. You can view the full Shuffle Master Ratings Report.

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

If you liked this article you might like

Cramer's 6 Stocks in 60 Seconds: GOGO AGN CTAS BYI DECK HCA (Update 1)

Bally Technology Shuffles SHFL in $1.3B Deal

Cramer's 'Mad Money' Recap: Next Week's Game Plan

Two Speculative Long-Side Trades

Two Speculative Long-Side Trades

Stock Futures Gain Momentum