Campbell Reaches New 52-Week High (CPB)

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) -- Campbell Soup (NYSE: CPB) hit a new 52-week high Tuesday as it is currently trading at $36.41, above its previous 52-week high of $36.28 with 1.1 million shares traded as of 10:55 a.m. ET. Average volume has been two million shares over the past 30 days.

Campbell has a market cap of $11.12 billion and is part of the consumer goods sector and food & beverage industry. Shares are up 7.6% year to date as of the close of trading on Monday.

Campbell Soup Company, together with its subsidiaries, engages in the manufacture and marketing of branded convenience food products worldwide. The company has a P/E ratio of 14.7, below the S&P 500 P/E ratio of 17.7.

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TheStreet Ratings rates Campbell as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, notable return on equity, reasonable valuation levels, increase in net income and growth in earnings per share. We feel these strengths outweigh the fact that the company has had generally high debt management risk by most measures that we evaluated. You can view the full Campbell Ratings Report.

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