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Mohawk Industries is Among the Companies in the Home Furnishings Industry With the Highest Price to Forward Sales (MHK, LEG, ETH, TPX, HOFT)

By Shiri Gupta

Below are the three companies in the Home Furnishings 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.

Mohawk Industries ranks highest with a a price to forward sales ratio of 1.79. Following is Leggett & Platt with a a price to forward sales ratio of 1.68. Ethan Allen Interiors ranks third highest with a a price to forward sales ratio of 0.92.

Tempur-Pedic International follows with a a price to forward sales ratio of 0.89, and Hooker Furniture rounds out the top five with a a price to forward sales ratio of 0.85.

SmarTrend recommended that subscribers consider buying shares of Mohawk Industries on November 8th, 2016 as our technology indicated a new Uptrend was in progress when shares hit $194.23. Since that recommendation, shares of Mohawk Industries have risen 23.2%. We continue to monitor Mohawk Industries for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Keywords: highest price to forward sales mohawk industries leggett & platt ethan allen interiors tempur-pedic international hooker furniture

Ticker(s): MHK LEG ETH TPX HOFT