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) -- Tractor Supply (Nasdaq: TSCO) hit a new 52-week high Monday as it is currently trading at $109.83, above its previous 52-week high of $109.79 with 325,064 shares traded as of 11:55 a.m. ET. Average volume has been 687,600 shares over the past 30 days. Tractor Supply has a market cap of $7.39 billion and is part of the services sector and specialty retail industry. Shares are up 20.2% year to date as of the close of trading on Friday. Tractor Supply Company operates retail farm and ranch stores in the United States. The company has a P/E ratio of 27.9, above the S&P 500 P/E ratio of 17.7.
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TheStreet Ratings rates Tractor Supply as a buy. The company's strengths can be seen in multiple areas, such as its impressive record of earnings per share growth, revenue growth, notable return on equity, good cash flow from operations and increase in stock price during the past year. 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 Tractor Supply Ratings Report. See all 52-week high stocks or get investment ideas from our investment research center. Exclusive Offer: Jim Cramer's 'go-to' small/mid-cap guru Bryan Ashenberg only buys stocks he thinks could return 50-100% See his top picks for 14-days FREE.