Suppose you had the opportunity to buy a big, lumbering company with huge sales but slender profits.
Would you do it?
You would if you thought you could turn the company around. Perhaps you could improve the product, raise prices, cut expenses or find other ways to improve those puny profits. Investors who are looking for turnaround candidates often use the price-to-sales ratio. To compute it, divide a stock’s price by the company’s sales per share. For example, Coca-Cola Co. (KO) has 4.3 billion shares outstanding and has revenue of about $33 billion.
That works out to $7.33 a share in sales. The stock fetched $54.48 at this writing, so the price-to-sales ratio was 7.43. That’s a high ratio, because Coca-Cola is a popular stock with high profit margins. Most stocks these days sell for between two and three times sales. Unpopular stocks with low profit margins sell for 1.0 times sales or less. I’m going to recommend some of those unpopular stocks today.
Перспективная стратегическая ракета ВВС США будет лететь в половину короче, чем уже существующий российский аналог
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Global Commercial Aircraft Cabin Interiors Market in Aerospace & Defense Industry|Discover Company Insights in Technavio
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New Pratt & Whitney production facility in Carlsbad
EAST HARTFORD (Connecticut), 1 days ago Pratt & Whitney, a division of Raytheon Technologies Corp., announced the opening of a ceramic matrix composites (CMCs) engineering & development facility in Carlsbad, California. The new 60,000 square-foot facility is an integrated engineering, development and low-rate production facility dedicated to CMCs for aerospace applications. “Pratt & Whitney has been leading the industry with the world’s quietest, greenest, most efficient and highest performance engines in the world. We’ve achieved this by pioneering new materials, aerodynamics and engine architectures,” said Frank Preli, Vice President of Propulsion & Materials Technology at Pratt & Whitney.