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Highest Price to Forward Sales in the Broadcasting Industry Detected in Shares of Hemisphere Media (HMTV, TRCO, SBGI, NXST, MEG)

By Amy Schwartz

Below are the three companies in the Broadcasting 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.

Hemisphere Media ranks highest with a a price to forward sales ratio of 3.46. Tribune Media -A is next with a a price to forward sales ratio of 2.09. Sinclair Broad-A ranks third highest with a a price to forward sales ratio of 1.88.

Nexstar Media-A follows with a a price to forward sales ratio of 1.76, and Media General rounds out the top five with a a price to forward sales ratio of 1.58.

SmarTrend recommended that its subscribers protect gains by selling shares of Nexstar Media-A on May 3rd, 2019 by issuing a Downtrend alert when the shares were trading at $111.32. Since that call, shares of Nexstar Media-A have fallen 9.3%. 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 hemisphere media tribune media -a sinclair broad-a nexstar media-a :meg media general

Ticker(s): HMTV TRCO SBGI NXST