Monsanto Reaches New 52-Week High (MON)

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) -- Monsanto Company (NYSE: MON) hit a new 52-week high Thursday as it is currently trading at $107.07, above its previous 52-week high of $106.61 with 748,420 shares traded as of 10:11 a.m. ET. Average volume has been 2.6 million shares over the past 30 days.

Monsanto has a market cap of $55.72 billion and is part of the basic materials sector and chemicals industry. Shares are up 10.4% year to date as of the close of trading on Wednesday.

Monsanto Company, together with its subsidiaries, provides agricultural products for farmers worldwide. It operates in two segments, Seeds and Genomics, and Agricultural Productivity. The company has a P/E ratio of 24.9, above the S&P 500 P/E ratio of 17.7.

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TheStreet Ratings rates Monsanto 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, impressive record of earnings per share growth, compelling growth in net income and expanding profit margins. 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 Monsanto Ratings Report.

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