Relatively High Price to Forward Sales Detected in Shares of Tesla Motors Inc in the Automobile Manufacturers Industry (TSLA, THO, WGO, F, GM)
Below are the three companies in the Automobile Manufacturers 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.
Tesla Motors Inc ranks highest with a a price to forward sales ratio of 3.45. Thor Industries is next with a a price to forward sales ratio of 0.87. Winnebago Industries ranks third highest with a a price to forward sales ratio of 0.60.
Ford Motor follows with a a price to forward sales ratio of 0.34, and General Motors rounds out the top five with a a price to forward sales ratio of 0.32.
SmarTrend recommended that subscribers consider buying shares of Thor Industries on July 1st, 2016 as our technology indicated a new Uptrend was in progress when shares hit $68.42. Since that recommendation, shares of Thor Industries have risen 11.9%. We continue to monitor Thor Industries for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.
Keywords: highest price to forward sales tesla motors inc thor industries winnebago industries ford motor General Motors