Tech Data has the Lowest Price to Sales Ratio in the Technology Distributors Industry (TECD, IM, AVT, NSIT, WSTG)
Below are the three companies in the Technology Distributors industry with the lowest price to sales per share ratios. Often companies with the lowest ratio present the greatest value to investors.
Tech Data ranks lowest with a a price to sales ratio of 0.11. Following is Ingram Micro with a a price to sales ratio of 0.12. Avnet ranks third lowest with a a price to sales ratio of 0.20.
Insight Enterprises follows with a a price to sales ratio of 0.22, and Wayside Technology rounds out the bottom five with a a price to sales ratio of 0.22.
SmarTrend recommended that subscribers consider buying shares of Ingram Micro on February 17th, 2016 as our technology indicated a new Uptrend was in progress when shares hit $29.85. Since that recommendation, shares of Ingram Micro have risen 16.2%. We continue to monitor Ingram Micro for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.
Keywords: lowest price to sales ratio tech data ingram micro avnet insight enterprises wayside technology