Cincinnati Financial Stock Hits New 52-Week High (CINF)

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) -- Cincinnati Financial Corporation (Nasdaq: CINF) hit a new 52-week high Thursday as it is currently trading at $47.26, above its previous 52-week high of $47.25 with 58,779 shares traded as of 9:47 a.m. ET. Average volume has been 795,700 shares over the past 30 days.

Cincinnati Financial has a market cap of $7.61 billion and is part of the financial sector and insurance industry. Shares are up 19.1% year to date as of the close of trading on Wednesday.

Cincinnati Financial Corporation engages in the property casualty insurance business in the United States. Its Commercial Lines Property Casualty Insurance segment provides coverage for commercial casualty, commercial property, commercial auto, and workers' compensation. The company has a P/E ratio of 18.2, above the S&P 500 P/E ratio of 17.7.

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TheStreet Ratings rates Cincinnati Financial as a buy. The company's strengths can be seen in multiple areas, such as its compelling growth in net income, revenue growth, largely solid financial position with reasonable debt levels by most measures, solid stock price performance and attractive valuation levels. We feel these strengths outweigh the fact that the company shows low profit margins. You can view the full Cincinnati Financial Ratings Report.

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