Caribou Coffee and Hansen Natural to Open Near 52-Week Highs

Caribou Coffee CBOU and Hansen Natural HANS reached new 52-week highs of $12.95 and $73.93 per share, respectively, late in Monday's trading session. Caribou Coffee announced at the beginning of June a series of major promotions for the summer, including giveaways and discounts on new products. Caribou has a market cap of $264.7 million and it operates the second-largest nonfranchised coffee chain in the United States. The company has a P/E ratio that is lower than the industry average, a return on equity of 17.0% and a long-term EPS growth forecast of 21.0%. Analysts on average rank the stock as a Strong Buy. Shares are up more than 27% year to date, outperforming Starbucks SBUX and the industry average, as well as the broader markets. Hansen Natural topped consensus earnings estimates by 20% earlier in the month, due in part to strong sales in Europe. The beverage maker offers such brands as Blue Sky drinks and Monster, the number two energy drink in the United States. The company has a market cap of $6.5 billion. Hansen's return on equity is 30.7%, but the 29.2 P/E ratio and 1.7 PEG ratio suggest overvaluation. The long-term EPS growth forecast is 14.6%. The stock is about 41% higher year to date, outperforming competitor PepsiCo PEP and the soft drinks industry average.