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 0.50. Following is Harman International Industries with a a price to forward sales ratio of 0.64. Gen-Probe ranks third lowest with a a price to forward sales ratio of 0.76.
Universal Electronics follows with a a price to forward sales ratio of 1.55, and Garmin rounds out the bottom five with a a price to forward sales ratio of 2.81.
SmarTrend recommended that its subscribers protect gains by selling shares of Zagg on April 5th, 2016 by issuing a Downtrend alert when the shares were trading at $8.34. Since that call, shares of Zagg have fallen 38.1%. We are now looking for when a new Uptrend will commence and will alert SmarTrend subscribers in real time.
Keywords: lowest price to forward sales harman international industries amex:gpro Gen-Probe universal electronics Garmin