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Highest Price to Last Quarter Annualized Sales Ratio in the Systems Software Industry Detected in Shares of NetSuite (N, CHKP, RHT, FTNT, VMW)

By Nick Russo

Below are the three companies in the Systems Software industry with the highest 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.

NetSuite ranks highest with a price to last quarter annualized sales ratio of 11.37. Following is Check Point Software Technologies with a price to last quarter annualized sales ratio of 10.66. Red Hat ranks third highest with a price to last quarter annualized sales ratio of 8.40.

Fortinet follows with a price to last quarter annualized sales ratio of 7.20, and VMware rounds out the top five with a price to last quarter annualized sales ratio of 5.60.

SmarTrend recommended that subscribers consider buying shares of VMware on July 19th, 2016 as our technology indicated a new Uptrend was in progress when shares hit $68.28. Since that recommendation, shares of VMware have risen 33.3%. We continue to monitor VMware for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Keywords: highest price to last quarter annualized sales ratio netsuite check point software technologies red hat fortinet VMware

Ticker(s): N CHKP RHT FTNT VMW