Highest Price to Forward Sales in the Wireless Telecommunication Services Industry Detected in Shares of SBA Communications (SBAC, SHEN, USM, S, TDS)
Below are the three companies in the Wireless Telecommunication 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.
SBA Communications ranks highest with a a price to forward sales ratio of 8.63. Shenandoah Telecommunications is next with a a price to forward sales ratio of 1.26. United States Cellular ranks third highest with a a price to forward sales ratio of 0.78.
Sprint Nextel follows with a a price to forward sales ratio of 0.74, and Telephone & Data Systems rounds out the top five with a a price to forward sales ratio of 0.57.
SmarTrend recommended that subscribers consider buying shares of Sprint Nextel on June 21st, 2016 as our technology indicated a new Uptrend was in progress when shares hit $4.14. Since that recommendation, shares of Sprint Nextel have risen 49.5%. We continue to monitor Sprint Nextel for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.
Keywords: highest price to forward sales SBA Communications shenandoah telecommunications amex:usm united states cellular Sprint Nextel amex:tds telephone & data systems