Highest Price to Forward Sales in the Electronic Manufacturing Services Industry Detected in Shares of IPG Photonics (IPGP, MRCY, TRMB, PKE, TEL)
Below are the three companies in the Electronic Manufacturing 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.
IPG Photonics ranks highest with a a price to forward sales ratio of 4.54. Following is Mercury Computer Systems with a a price to forward sales ratio of 2.98. Trimble Navigation ranks third highest with a a price to forward sales ratio of 2.93.
Park Electrochemical follows with a a price to forward sales ratio of 2.06, and Tyco Electronics rounds out the top five with a a price to forward sales ratio of 1.89.
SmarTrend recommended that subscribers consider buying shares of Tyco Electronics on July 12th, 2016 as our technology indicated a new Uptrend was in progress when shares hit $58.92. Since that recommendation, shares of Tyco Electronics have risen 7.9%. We continue to monitor Tyco Electronics for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.
Keywords: highest price to forward sales ipg photonics mercury computer systems trimble navigation park electrochemical tyco electronics