L Reaches New 52-Week High (LTD)

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) -- L Brands (NYSE: LTD) hit a new 52-week high Tuesday as it is currently trading at $52.58, above its previous 52-week high of $52.50 with 2.5 million shares traded as of 3:35 p.m. ET. Average volume has been three million shares over the past 30 days.

L has a market cap of $14.8 billion and is part of the services sector and retail industry. Shares are up 8.3% year to date as of the close of trading on Monday.

L Brands, Inc. operates as a specialty retailer of women's intimate and other apparel, beauty and personal care products, and accessories. The company has a P/E ratio of 20.1, above the S&P 500 P/E ratio of 17.7.

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TheStreet Ratings rates L as a hold. The company's strengths can be seen in multiple areas, such as its revenue growth, expanding profit margins and good cash flow from operations. However, as a counter to these strengths, we find that the stock has had a generally disappointing performance in the past year. You can view the full L Ratings Report.

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