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Relatively High Price to Forward Sales Detected in Shares of Scripps Networks Interactive in the Broadcasting Industry (SNI, DISCA, SGA, CBS, NXST)

By James Quinn

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.

Scripps Networks Interactive ranks highest with a a price to forward sales ratio of 2.46. Discovery Communications is next with a a price to forward sales ratio of 2.07. Saga Communications ranks third highest with a a price to forward sales ratio of 1.84.

CBS follows with a a price to forward sales ratio of 1.82, and Nexstar Broadcasting Group rounds out the top five with a a price to forward sales ratio of 1.38.

SmarTrend recommended that its subscribers protect gains by selling shares of Nexstar Broadcasting Group on October 14th, 2016 by issuing a Downtrend alert when the shares were trading at $53.93. Since that call, shares of Nexstar Broadcasting Group have fallen 9.5%. 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 Scripps Networks Interactive Discovery Communications saga communications nexstar broadcasting group

Ticker(s): SNI DISCA SGA CBS NXST