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Shares of Chemed Corp Rank the Highest in Terms of Price to Forward Sales in the Health Care Services Industry (CHE, BEAT, AMED, PINC, LHCG)

By James Quinn

Below are the three companies in the Health Care Services 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.

Chemed Corp ranks highest with a a price to forward sales ratio of 3.67. Biotelemetry Inc is next with a a price to forward sales ratio of 3.61. Amedisys Inc ranks third highest with a a price to forward sales ratio of 3.21.

Premier Inc-Cl A follows with a a price to forward sales ratio of 2.89, and Lhc Group Inc rounds out the top five with a a price to forward sales ratio of 1.97.

SmarTrend recommended that subscribers consider buying shares of Amedisys Inc on October 15th, 2019 as our technology indicated a new Uptrend was in progress when shares hit $131.27. Since that recommendation, shares of Amedisys Inc have risen 23.7%. We continue to monitor Amedisys Inc for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Keywords: highest price to forward sales chemed corp biotelemetry inc amedisys inc premier inc-cl a lhc group inc

Ticker(s): CHE BEAT AMED PINC LHCG