Relatively High Price to Forward Sales Detected in Shares of Dolby Laboratories in the Electronic Components Industry (DLB, APH, DTSI, LFUS, GLW)
Below are the three companies in the Electronic Components 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.
Dolby Laboratories ranks highest with a a price to forward sales ratio of 4.61. Following is Amphenol with a a price to forward sales ratio of 3.31. DTS Inc ranks third highest with a a price to forward sales ratio of 3.14.
Littelfuse follows with a a price to forward sales ratio of 3.07, and Corning rounds out the top five with a a price to forward sales ratio of 2.79.
SmarTrend recommended that subscribers consider buying shares of Dolby Laboratories on January 28th, 2016 as our technology indicated a new Uptrend was in progress when shares hit $35.03. Since that recommendation, shares of Dolby Laboratories have risen 39.7%. We continue to monitor Dolby Laboratories for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.
Keywords: highest price to forward sales dolby laboratories amphenol dts inc littelfuse Corning