Fresh Market Stock Hits New 52-Week High (TFM)

Editor's Note: TheStreet ratings do not represent the views of TheStreet's staff or its contributors. Ratings are established by computer based on metrics for performance (which includes growth, stock performance, efficiency and valuation) and risk (volatility and solvency). Companies with poor cash flow or high debt levels tend to earn lower ratings in our model

NEW YORK ( TheStreet) -- Fresh Market (Nasdaq: TFM) hit a new 52-week high Thursday as it is currently trading at $62.32, above its previous 52-week high of $62.20 with 135,433 shares traded as of 10:10 a.m. ET. Average volume has been 911,400 shares over the past 30 days.

Fresh Market has a market cap of $2.86 billion and is part of the services sector and retail industry. Shares are up 50.2% year to date as of the close of trading on Wednesday.

The Fresh Market, Inc. operates as a specialty grocery retailer. The company has a P/E ratio of 50.4, above the average retail industry P/E ratio of 50.1 and above the S&P 500 P/E ratio of 17.7.

TheStreet Ratings rates Fresh Market as a hold. The company's strengths can be seen in multiple areas, such as its revenue growth, impressive record of earnings per share growth and compelling growth in net income. However, as a counter to these strengths, we also find weaknesses including premium valuation and poor profit margins. You can view the full Fresh Market Ratings Report.

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