Relatively Low Price to Forward Sales Detected in Shares of AmerisourceBergen in the Health Care Distributors Industry (ABC, CAH, MCK, OMI, PMC)
Below are the three companies in the Health Care Distributors 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.
AmerisourceBergen ranks lowest with a a price to forward sales ratio of 0.10. Cardinal Health is next with a a price to forward sales ratio of 0.20. McKesson ranks third lowest with a a price to forward sales ratio of 0.21.
Owens & Minor follows with a a price to forward sales ratio of 0.23, and PharMerica rounds out the bottom five with a a price to forward sales ratio of 0.39.
SmarTrend recommended that its subscribers protect gains by selling shares of AmerisourceBergen on April 29th, 2016 by issuing a Downtrend alert when the shares were trading at $85.43. Since that call, shares of AmerisourceBergen have fallen 13.0%. 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 AmerisourceBergen Cardinal Health McKesson owens & minor pharmerica