Shares of Whole Foods Market Rank the Highest in Terms of Price to Forward Sales in the Food Retail Industry (WFM, CASY, KR, IMKTA, SVU)
Below are the three companies in the Food Retail 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.
Whole Foods Market ranks highest with a a price to forward sales ratio of 0.68. Casey's General Stores is next with a a price to forward sales ratio of 0.56. Kroger ranks third highest with a a price to forward sales ratio of 0.31.
Ingles Markets follows with a a price to forward sales ratio of 0.20, and SUPERVALU rounds out the top five with a a price to forward sales ratio of 0.07.
SmarTrend recommended that its subscribers protect gains by selling shares of SUPERVALU on May 2nd, 2016 by issuing a Downtrend alert when the shares were trading at $5.02. Since that call, shares of SUPERVALU have fallen 7.7%. We are now looking for when a new Uptrend will commence and will alert SmarTrend subscribers in real time.
Keywords: highest price to forward sales Whole Foods Market casey's general stores Kroger ingles markets SuperValu