Relatively High Price to Forward Sales Detected in Shares of Ritchie Bros Auctioneers in the Diversified Support Services Industry (RBA, CPRT, MINI, CTAS, HCSG)
Below are the three companies in the Diversified Support 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.
Ritchie Bros Auctioneers ranks highest with a a price to forward sales ratio of 7.00. Following is Copart with a a price to forward sales ratio of 5.18. Mobile Mini ranks third highest with a a price to forward sales ratio of 2.49.
Cintas follows with a a price to forward sales ratio of 2.36, and Healthcare Services rounds out the top five with a a price to forward sales ratio of 1.79.
SmarTrend recommended that subscribers consider buying shares of Cintas on March 4th, 2016 as our technology indicated a new Uptrend was in progress when shares hit $87.01. Since that recommendation, shares of Cintas have risen 29.4%. We continue to monitor Cintas for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.
Keywords: highest price to forward sales ritchie bros auctioneers copart mobile mini Cintas healthcare services