Relatively High Price to Forward Sales Detected in Shares of Sotheby's in the Specialized Consumer Services Industry (BID, STON, HRB, SCI, CSV)
Below are the three companies in the Specialized Consumer 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.
Sotheby's ranks highest with a a price to forward sales ratio of 2.73. Stonemor Partners is next with a a price to forward sales ratio of 2.39. H&R Block ranks third highest with a a price to forward sales ratio of 1.81.
Service International follows with a a price to forward sales ratio of 1.65, and Carriage Services rounds out the top five with a a price to forward sales ratio of 1.61.
SmarTrend recommended that subscribers consider buying shares of Sotheby's on July 20th, 2016 as our technology indicated a new Uptrend was in progress when shares hit $30.10. Since that recommendation, shares of Sotheby's have risen 31.7%. We continue to monitor Sotheby's for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.
Keywords: highest price to forward sales sotheby's stonemor partners h&r block service international carriage services