Relatively Low Price to Forward Sales Detected in Shares of Dixie in the Home Furnishings Industry (DXYN, BSET, LZB, HOFT, TPX)
Below are the three companies in the Home Furnishings industry with the lowest 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.
Dixie ranks lowest with a a price to forward sales ratio of 0.12. Following is Bassett Furniture Industries with a a price to forward sales ratio of 0.61. La-Z-Boy ranks third lowest with a a price to forward sales ratio of 0.95.
Hooker Furniture follows with a a price to forward sales ratio of 0.96, and Tempur-Pedic International rounds out the bottom five with a a price to forward sales ratio of 1.17.
SmarTrend recommended that its subscribers protect gains by selling shares of Hooker Furniture on April 7th, 2016 by issuing a Downtrend alert when the shares were trading at $29.48. Since that call, shares of Hooker Furniture have fallen 20.1%. We are now looking for when a new Uptrend will commence and will alert SmarTrend subscribers in real time.
Keywords: lowest price to forward sales dixie bassett furniture industries la-z-boy hooker furniture tempur-pedic international