Top 5 Companies in the Industrial Conglomerates Industry With the Lowest Price to Forward Sales (IEP, CSL, RAVN, GE, DHR)
Below are the three companies in the Industrial Conglomerates 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.
Icahn Enterprises ranks lowest with a a price to forward sales ratio of 0.42. Following is Carlisle Cos with a a price to forward sales ratio of 1.72. Raven Industries ranks third lowest with a a price to forward sales ratio of 2.18.
General Electric follows with a a price to forward sales ratio of 2.28, and Danaher rounds out the bottom five with a a price to forward sales ratio of 2.84.
SmarTrend recommended that subscribers consider buying shares of Danaher on February 17th, 2016 as our technology indicated a new Uptrend was in progress when shares hit $87.04. Since that recommendation, shares of Danaher have risen 10.8%. We continue to monitor Danaher for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.
Keywords: lowest price to forward sales Icahn Enterprises carlisle cos raven industries General Electric danaher