Relatively High Price to Forward Sales Detected in Shares of New Oriental Education & Technology in the Education Services Industry (EDU, LOPE, CPLA, STRA, APEI)
Below are the three companies in the Education Services 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.
New Oriental Education & Technology ranks highest with a a price to forward sales ratio of 4.40. Following is Grand Canyon Education with a a price to forward sales ratio of 2.23. Capella Education ranks third highest with a a price to forward sales ratio of 1.58.
Strayer Education follows with a a price to forward sales ratio of 1.16, and American Public Education rounds out the top five with a a price to forward sales ratio of 1.04.
SmarTrend recommended that its subscribers protect gains by selling shares of American Public Education on August 10th, 2016 by issuing a Downtrend alert when the shares were trading at $25.30. Since that call, shares of American Public Education have fallen 21.7%. We are now looking for when a new Uptrend will commence and will alert SmarTrend subscribers in real time.
Keywords: highest price to forward sales new oriental education & technology grand canyon education capella education strayer education American Public Education