• Return to Headlines

Lowest Price to Last Quarter Annualized Sales Ratio in the Technology Distributors Industry Detected in Shares of Tech Data Corp (TECD, SNX, SCSC, ARW, AXE)

By Amy Schwartz

Below are the three companies in the Technology Distributors industry with the lowest Price to Last Quarter Annualized (LQA) Sales ratios. Price/LQA Sales is a valuable metric used to compare comparable companies using the most recent sales data on an annualized basis. Generally, the lower the ratio, the more undervalued the company.

Tech Data Corp ranks lowest with a price to last quarter annualized sales ratio of 0.02. Synnex Corp is next with a price to last quarter annualized sales ratio of 0.05. Scansource Inc ranks third lowest with a price to last quarter annualized sales ratio of 0.05.

Arrow Electronic follows with a price to last quarter annualized sales ratio of 0.06, and Anixter Intl Inc rounds out the bottom five with a price to last quarter annualized sales ratio of 0.06.

SmarTrend recommended that its subscribers protect gains by selling shares of Synnex Corp on August 2nd, 2019 by issuing a Downtrend alert when the shares were trading at $92.93. Since that call, shares of Synnex Corp have fallen 9.6%. We are now looking for when a new Uptrend will commence and will alert SmarTrend subscribers in real time.

Keywords: lowest price to last quarter annualized sales ratio tech data corp synnex corp scansource inc arrow electronic anixter intl inc

Ticker(s): TECD SNX SCSC ARW AXE