• Return to Headlines

Top 5 Companies in the Investment Banking & Brokerage Industry With the Highest Price to Last Quarter Annualized Sales Ratio (IBKR, SCHW, VIRT, ETFC, HLI)

By Nick Russo

Below are the three companies in the Investment Banking & Brokerage industry with the highest Price to Last Quarter Annualized (LQA) Sales ratios. Price/LQA Sales is a valuable metric used to compare comparable companies using the most recent sales data on an annualized basis. Generally, the lower the ratio, the more undervalued the company.

Interactive Brok ranks highest with a price to last quarter annualized sales ratio of 2.18. Schwab (Charles) is next with a price to last quarter annualized sales ratio of 1.19. Virtu Financia-A ranks third highest with a price to last quarter annualized sales ratio of 1.01.

E*Trade Financia follows with a price to last quarter annualized sales ratio of 0.89, and Houlihan Lokey I rounds out the top five with a price to last quarter annualized sales ratio of 0.83.

SmarTrend recommended that its subscribers protect gains by selling shares of E*Trade Financia on March 6th, 2020 by issuing a Downtrend alert when the shares were trading at $41.44. Since that call, shares of E*Trade Financia have fallen 20.7%. We are now looking for when a new Uptrend will commence and will alert SmarTrend subscribers in real time.

Keywords: highest price to last quarter annualized sales ratio interactive brok schwab (charles) virtu financia-a e*trade financia houlihan lokey i

Ticker(s): IBKR SCHW VIRT ETFC HLI