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Bassett Furn is Among the Companies in the Home Furnishings Industry With the Lowest Price to Forward Sales (BSET, HOFT, ETH, LZB, MHK)

By James Quinn

Below are the three companies in the Home Furnishings 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.

Bassett Furn ranks lowest with a a price to forward sales ratio of 0.33. Following is Hooker Furniture with a a price to forward sales ratio of 0.43. Ethan Allen ranks third lowest with a a price to forward sales ratio of 0.62.

La-Z-Boy Inc follows with a a price to forward sales ratio of 0.94, and Mohawk Inds rounds out the bottom five with a a price to forward sales ratio of 0.97.

SmarTrend recommended that subscribers consider buying shares of Hooker Furniture on September 11th, 2019 as our technology indicated a new Uptrend was in progress when shares hit $20.72. Since that recommendation, shares of Hooker Furniture have risen 17.1%. We continue to monitor Hooker Furniture for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Keywords: lowest price to forward sales bassett furn hooker furniture ethan allen la-z-boy inc mohawk inds

Ticker(s): BSET HOFT ETH LZB MHK