J.M. Smucker Reaches New 52-Week High (SJM)

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) -- J.M. Smucker (NYSE: SJM) hit a new 52-week high Friday as it is currently trading at $100.16, above its previous 52-week high of $100.14 with 41,492 shares traded as of 10:25 a.m. ET. Average volume has been 631,600 shares over the past 30 days.

J.M. Smucker has a market cap of $10.62 billion and is part of the consumer goods sector and food & beverage industry. Shares are up 15.7% year to date as of the close of trading on Thursday.

The J. M. Smucker Company engages in manufacturing and marketing branded food products primarily in the United States, Canada, and internationally. The company has a P/E ratio of 21, above the S&P 500 P/E ratio of 17.7.

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TheStreet Ratings rates J.M. Smucker as a buy. The company's strengths can be seen in multiple areas, such as its impressive record of earnings per share growth, increase in net income, revenue growth, largely solid financial position with reasonable debt levels by most measures and reasonable valuation levels. We feel these strengths outweigh the fact that the company shows weak operating cash flow. You can view the full J.M. Smucker Ratings Report.

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