Rock-Tenn Stock Hits New 52-Week High (RKT)

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) -- Rock-Tenn (NYSE: RKT) hit a new 52-week high Tuesday as it is currently trading at $74.50, above its previous 52-week high of $74.15 with 239,691 shares traded as of 9:50 a.m. ET. Average volume has been 995,700 shares over the past 30 days.

Rock-Tenn has a market cap of $5.07 billion and is part of the consumer goods sector and consumer non-durables industry. Shares are up 26.9% year to date as of the close of trading on Monday.

Rock-Tenn Company manufactures and sells containerboard, recycled paperboard, bleached paperboard, packaging products, and merchandising displays in the United States, Canada, Mexico, Chile, Argentina, Puerto Rico, and China. The company has a P/E ratio of 19, equal to the average consumer non-durables industry P/E ratio and above the S&P 500 P/E ratio of 17.7.

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TheStreet Ratings rates Rock-Tenn as a buy. The company's strengths can be seen in multiple areas, such as its robust revenue growth, solid stock price performance, attractive valuation levels, good cash flow from operations and compelling growth in net income. We feel these strengths outweigh the fact that the company shows low profit margins. You can view the full Rock-Tenn Ratings Report.

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