NVR Reaches New 52-Week High (NVR)

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) -- NVR (NYSE: NVR) hit a new 52-week high Thursday as it is currently trading at $915.50, above its previous 52-week high of $915.05 with 19,171 shares traded as of 11:13 a.m. ET. Average volume has been 39,600 shares over the past 30 days.

NVR has a market cap of $4.65 billion and is part of the industrial goods sector and materials & construction industry. Shares are up 31.6% year to date as of the close of trading on Wednesday.

NVR, Inc. operates as a homebuilder in the United States. The company has a P/E ratio of 30.6, equal to the average materials & construction industry P/E ratio and above the S&P 500 P/E ratio of 17.7.

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TheStreet Ratings rates NVR 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, solid stock price performance, growth in earnings per share and increase in net income. We feel these strengths outweigh the fact that the company is trading at a premium valuation based on our review of its current price compared to such things as earnings and book value. You can view the full NVR Ratings Report.

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