Highest Price to Forward Sales in the Consumer Finance Industry Detected in Shares of Credit Acceptance (CACC, SLM, DFS, NNI, AXP)
Below are the three companies in the Consumer Finance industry with the highest price to forward sales ratios. The ratio shows how much Wall Street values every dollar of the company's future sales and is useful in comparing comparable companies. Generally the lower the ratio, the more attractive the investment.
Credit Acceptance ranks highest with a a price to forward sales ratio of 4.09. Following is SLM with a a price to forward sales ratio of 2.86. Discover Financial Services ranks third highest with a a price to forward sales ratio of 2.69.
Nelnet follows with a a price to forward sales ratio of 2.00, and American Express rounds out the top five with a a price to forward sales ratio of 1.99.
SmarTrend recommended that subscribers consider buying shares of American Express on March 1st, 2016 as our technology indicated a new Uptrend was in progress when shares hit $56.23. Since that recommendation, shares of American Express have risen 16.9%. We continue to monitor American Express for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.
Keywords: highest price to forward sales credit acceptance discover financial services nelnet american express