Nordstrom is Among the Companies in the Department Stores Industry With the Highest Price to Forward Sales (JWN, KSS, M, DDS, JCP)
Below are the three companies in the Department Stores 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.
Nordstrom ranks highest with a a price to forward sales ratio of 0.62. Following is Kohl's with a a price to forward sales ratio of 0.44. Macy's ranks third highest with a a price to forward sales ratio of 0.42.
Dillard's follows with a a price to forward sales ratio of 0.34, and JC Penney rounds out the top five with a a price to forward sales ratio of 0.22.
SmarTrend recommended that subscribers consider buying shares of Nordstrom on July 12th, 2016 as our technology indicated a new Uptrend was in progress when shares hit $41.42. Since that recommendation, shares of Nordstrom have risen 21.8%. We continue to monitor Nordstrom for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.
Keywords: highest price to forward sales Nordstrom kohl's macy's dillard's JC Penney