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Relatively Low Price to Forward Sales Detected in Shares of Fred'S Inc-A in the General Merchandise Stores Industry (FRED, TUES, BIG, TGT, DLTR)

By James Quinn

Below are the three companies in the General Merchandise Stores 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.

Fred'S Inc-A ranks lowest with a a price to forward sales ratio of 0.00. Following is Tuesday Morning with a a price to forward sales ratio of 0.04. Big Lots Inc ranks third lowest with a a price to forward sales ratio of 0.12.

Target Corp follows with a a price to forward sales ratio of 0.67, and Dollar Tree Inc rounds out the bottom five with a a price to forward sales ratio of 0.79.

SmarTrend recommended that its subscribers protect gains by selling shares of Fred'S Inc-A on July 23rd, 2019 by issuing a Downtrend alert when the shares were trading at $0.41. Since that call, shares of Fred'S Inc-A have fallen 85.2%. 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 :fred fred's inc-a tuesday morning big lots inc target corp dollar tree inc

Ticker(s): TUES BIG TGT DLTR