Shares of MDU Resources Group Rank the Lowest in Terms of Price to Forward Sales in the Multi-Utilities Industry (MDU, CNP, LNT, DTE, AVA)
Below are the three companies in the Multi-Utilities industry with the lowest 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.
MDU Resources Group ranks lowest with a a price to forward sales ratio of 1.06. Following is Centerpoint Energy with a a price to forward sales ratio of 1.17. Alliant Energy ranks third lowest with a a price to forward sales ratio of 1.31.
DTE Energy follows with a a price to forward sales ratio of 1.51, and Avista rounds out the bottom five with a a price to forward sales ratio of 1.55.
SmarTrend recommended that subscribers consider buying shares of MDU Resources Group on February 22nd, 2016 as our technology indicated a new Uptrend was in progress when shares hit $17.70. Since that recommendation, shares of MDU Resources Group have risen 42.7%. We continue to monitor MDU Resources Group for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.
Keywords: lowest price to forward sales mdu resources group CenterPoint Energy alliant energy DTE Energy Avista