Top 5 Companies in the Consumer Electronics Industry With the Lowest Price to Forward Sales (ZAGG, HAR, GPRO, UEIC, GRMN)
Below are the three companies in the Consumer Electronics 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.
Zagg ranks lowest with a a price to forward sales ratio of 0.61. Following is Harman International Industries with a a price to forward sales ratio of 0.74. Gen-Probe ranks third lowest with a a price to forward sales ratio of 0.79.
Universal Electronics follows with a a price to forward sales ratio of 1.69, and Garmin rounds out the bottom five with a a price to forward sales ratio of 3.20.
SmarTrend recommended that subscribers consider buying shares of Universal Electronics on June 14th, 2016 as our technology indicated a new Uptrend was in progress when shares hit $66.85. Since that recommendation, shares of Universal Electronics have risen 11.9%. We continue to monitor Universal Electronics for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.
Keywords: lowest price to forward sales harman international industries amex:gpro Gen-Probe universal electronics Garmin