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Tenneco Inc is Among the Companies in the Auto Parts & Equipment Industry With the Lowest Price to Forward Sales (TEN, SUP, HZN, CPS, AXL)

By James Quinn

Below are the three companies in the Auto Parts & Equipment industry with the lowest 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.

Tenneco Inc ranks lowest with a a price to forward sales ratio of 0.02. Superior Inds is next with a a price to forward sales ratio of 0.02. Horizon Global ranks third lowest with a a price to forward sales ratio of 0.04.

Cooper-Standard follows with a a price to forward sales ratio of 0.05, and Amer Axle & Mfg rounds out the bottom five with a a price to forward sales ratio of 0.07.

SmarTrend recommended that its subscribers protect gains by selling shares of Amer Axle & Mfg on February 21st, 2020 by issuing a Downtrend alert when the shares were trading at $8.06. Since that call, shares of Amer Axle & Mfg have fallen 49.6%. We are now looking for when a new Uptrend will commence and will alert SmarTrend subscribers in real time.

Keywords: lowest price to forward sales tenneco inc superior inds horizon global cooper-standard amer axle & mfg

Ticker(s): TEN SUP HZN CPS AXL