Highest Enterprise Value to Sales Ratio in the Casinos & Gaming Industry Detected in Shares of International Game Technology (IGT, WYNN, LVS, SGMS, CHDN)
Below are the three companies in the Casinos & Gaming industry with the highest Enterprise Value (EV) to Sales ratios. EV/Sales gives investors an idea of how much it costs to buy the company's sales and the lower the ratio, the more undervalued the company is believed to be.
International Game Technology ranks highest with a EV/Sales of 6.33. Wynn Resorts is next with a EV/Sales of 3.96. Las Vegas Sands ranks third highest with a EV/Sales of 3.91.
Scientific Games follows with a EV/Sales of 3.51, and Churchill Downs rounds out the top five with a EV/Sales of 2.74.
SmarTrend recommended that subscribers consider buying shares of Churchill Downs on June 22nd, 2016 as our technology indicated a new Uptrend was in progress when shares hit $127.41. Since that recommendation, shares of Churchill Downs have risen 11.3%. We continue to monitor Churchill Downs for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.
Keywords: highest enterprise value to sales ratio international game technology wynn resorts Las Vegas Sands scientific games churchill downs