• Return to Headlines

Lowest Price to Forward Sales in the Technology Distributors Industry Detected in Shares of Tech Data Corp (TECD, SCSC, ARW, AVT, SNX)

By James Quinn

Below are the three companies in the Technology Distributors 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.

Tech Data Corp ranks lowest with a a price to forward sales ratio of 0.15. Following is Scansource Inc with a a price to forward sales ratio of 0.23. Arrow Electronic ranks third lowest with a a price to forward sales ratio of 0.24.

Avnet Inc follows with a a price to forward sales ratio of 0.25, and Synnex Corp rounds out the bottom five with a a price to forward sales ratio of 0.29.

SmarTrend recommended that subscribers consider buying shares of Synnex Corp on September 5th, 2019 as our technology indicated a new Uptrend was in progress when shares hit $88.49. Since that recommendation, shares of Synnex Corp have risen 61.4%. We continue to monitor Synnex Corp for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Keywords: lowest price to forward sales tech data corp scansource inc arrow electronic avnet inc synnex corp

Ticker(s): TECD SCSC ARW AVT SNX