Cabela's Stock Hits New 52-Week High (CAB)

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) -- Cabela's (NYSE: CAB) hit a new 52-week high Thursday as it is currently trading at $64.94, above its previous 52-week high of $62.22 with 812,279 shares traded as of 10:05 a.m. ET. Average volume has been 673,500 shares over the past 30 days.

Cabela's has a market cap of $3.88 billion and is part of the services sector and specialty retail industry. Shares are up 32.6% year to date as of the close of trading on Wednesday.

Cabela's Incorporated, together with its subsidiaries, operates as a specialty retailer and direct marketer of hunting, fishing, camping, and related outdoor merchandise. The company operates through three segments: Retail, Direct, and Financial Services. The company has a P/E ratio of 22.9, above the S&P 500 P/E ratio of 17.7.

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TheStreet Ratings rates Cabela's as a buy. The company's strengths can be seen in multiple areas, such as its solid stock price performance, revenue growth, expanding profit margins and notable return on equity. We feel these strengths outweigh the fact that the company has had sub par growth in net income. You can view the full Cabela's Ratings Report.

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