Newell Rubbermaid Stock Hits New 52-Week High (NWL)

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) -- Newell Rubbermaid (NYSE: NWL) hit a new 52-week high Friday as it is currently trading at $26.33, above its previous 52-week high of $26.29 with one million shares traded as of 11:56 a.m. ET. Average volume has been 2.9 million shares over the past 30 days.

Newell Rubbermaid has a market cap of $7.31 billion and is part of the consumer goods sector and consumer durables industry. Shares are up 16% year to date as of the close of trading on Thursday.

Newell Rubbermaid Inc. designs, manufactures, and markets consumer and commercial products worldwide. It operates in six segments: Home Solutions, Writing, Tools, Commercial Products, Baby & Parenting, and Specialty. The company has a P/E ratio of 18.6, above the S&P 500 P/E ratio of 17.7.

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TheStreet Ratings rates Newell Rubbermaid as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, solid stock price performance, impressive record of earnings per share growth, notable return on equity and largely solid financial position with reasonable debt levels by most measures. We feel these strengths outweigh the fact that the company shows weak operating cash flow. You can view the full Newell Rubbermaid Ratings Report.

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