Bemis Reaches New 52-Week High (BMS)

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) -- Bemis (NYSE: BMS) hit a new 52-week high Tuesday as it is currently trading at $40.77, above its previous 52-week high of $40.75 with 312,002 shares traded as of 12:19 p.m. ET. Average volume has been 819,700 shares over the past 30 days.

Bemis has a market cap of $4.11 billion and is part of the consumer goods sector and consumer non-durables industry. Shares are up 19.4% year to date as of the close of trading on Monday.

Bemis Company, Inc. manufactures and sells flexible packaging products and pressure sensitive materials in North America, Latin America, Europe, and the Asia Pacific. The company operates in three segments: U.S. Packaging, Global Packaging, and Pressure Sensitive Materials. The company has a P/E ratio of 24.1, above the S&P 500 P/E ratio of 17.7.

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

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