NEW YORK ( TheStreet) -- BE Aerospace (Nasdaq: BEAV) hit a new 52-week high Monday as it is currently trading at $48.20, above its previous 52-week high of $48.19 with 322,891 shares traded as of 2:09 p.m. ET. Average volume has been 819,600 shares over the past 30 days.

BE has a market cap of $4.29 billion and is part of the industrial goods sector and aerospace/defense industry. Shares are up 24.2% year to date as of the close of trading on Friday.

BE Aerospace, Inc. designs, manufactures, sells, and services commercial aircraft and business jet cabin interior products worldwide. The company has a P/E ratio of 21.4, above the average aerospace/defense industry P/E ratio of 21 and above the S&P 500 P/E ratio of 17.7.

TheStreet Ratings rates BE 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, impressive record of earnings per share growth, compelling growth in net income and expanding profit margins. We feel these strengths outweigh the fact that the company shows weak operating cash flow. You can view the full BE Ratings Report.

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