Shares of Ritchie Bros Auctioneers Rank the Highest in Terms of Price to Forward Sales 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 5.62. Copart is next with a a price to forward sales ratio of 4.13. Mobile Mini ranks third highest with a a price to forward sales ratio of 2.63.
Cintas follows with a a price to forward sales ratio of 1.89, and Healthcare Services rounds out the top five with a a price to forward sales ratio of 1.72.
SmarTrend recommended that subscribers consider buying shares of Ritchie Bros Auctioneers on February 8th, 2016 as our technology indicated a new Uptrend was in progress when shares hit $23.24. Since that recommendation, shares of Ritchie Bros Auctioneers have risen 23.5%. We continue to monitor Ritchie Bros Auctioneers 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