BMC Software Stock Hits New 52-Week High (BMC)

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) -- BMC Software (Nasdaq: BMC) hit a new 52-week high Thursday as it is currently trading at $45.83, above its previous 52-week high of $45.70 with one million shares traded as of 11:12 a.m. ET. Average volume has been 1.6 million shares over the past 30 days.

BMC Software has a market cap of $6.28 billion and is part of the technology sector and computer software & services industry. Shares are up 10.2% year to date as of the close of trading on Wednesday.

BMC Software, Inc. develops software that provides system and service management solutions for enterprises in the United States and internationally. The company has a P/E ratio of 21.2, above the S&P 500 P/E ratio of 17.7.

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TheStreet Ratings rates BMC Software as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, notable return on equity, solid stock price performance 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 BMC Software Ratings Report.

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