Warnaco Group Stock Hits New 52-Week High (WRC)

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) -- Warnaco Group (NYSE: WRC) hit a new 52-week high Thursday as it is currently trading at $71.42, above its previous 52-week high of $71.41 with five million shares traded as of 12:45 p.m. ET. Average volume has been 490,200 shares over the past 30 days.

Warnaco Group has a market cap of $2.08 billion and is part of the consumer goods sector and consumer non-durables industry. Shares are up 1.7% year to date as of the close of trading on Wednesday.

The Warnaco Group, Inc., together with its subsidiaries, designs, sources, markets, licenses, and distributes a line of intimate apparel, sportswear, and swimwear products. The company has a P/E ratio of 25.1, above the S&P 500 P/E ratio of 17.7.

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TheStreet Ratings rates Warnaco Group as a buy. The company's strengths can be seen in multiple areas, such as its largely solid financial position with reasonable debt levels by most measures, reasonable valuation levels, increase in stock price during the past year and expanding profit margins. We feel these strengths outweigh the fact that the company has had sub par growth in net income. You can view the full Warnaco Group Ratings Report.

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