price to sales ratio
CANON INC. ADRs $38 (New York symbol CAJ; Conservative Growth Portfolio, Manufacturing & Industry sector; ADRs o/s: 1.1 billion; Market cap: $42.9 billion; Price-to-sales ratio: 1.2; Divd. yield: 3.2%; TSINetwork Rating: Above Average; www.canon.com) completed its $5.9 billion purchase of Toshiba’s medical equipment unit in December 2016.
Thanks to those new operations, Canon’s earnings in the third quarter of 2017 jumped 131.1%, to $558.0 million, or $0.52 per ADR, from $241.4 million, or $0.22 a year earlier....
Thanks to those new operations, Canon’s earnings in the third quarter of 2017 jumped 131.1%, to $558.0 million, or $0.52 per ADR, from $241.4 million, or $0.22 a year earlier....
Each of these three small industrial firms has used acquisitions to expand into new markets and regions. While it pays to take a skeptical view of companies that buy other firms to grow, we feel these particular purchases will pay off. Even so, not all of three stocks are now buys....
MOLSON COORS BREWING CO. $81 (New York symbol TAP; Aggressive Growth Portfolio, Consumer sector; Shares outstanding: 215.3 million; Market cap: $17.4 billion; Price-to-sales ratio: 1.6; Dividend yield: 2.1%; TSINetwork Rating: Average; www.molsoncoors.com) is the world’s third-largest brewer....
EBAY INC. $38 (Nasdaq symbol EBAY; Aggressive Growth Portfolio, Finance sector; Shares o/s: 1.1 billion; Market cap: $41.8 billion; Price to-sales ratio: 4.2; No divd. paid; TSINetwork Rating: Above Average; www.ebay.com) operates e-commerce websites where sellers pay fees to auction items or offer them at fixed prices....
Traditional retailers, such as the three we analyze below, continue to grapple with strong competition from online sellers. That has forced them to close stores and sell real estate.
These companies still own some the best-known brands in the industry, which should help them survive....
These companies still own some the best-known brands in the industry, which should help them survive....
PFIZER INC. $36 (New York symbol PFE; Income Portfolio, Manufacturing & Industry sector; Shares outstanding: 6.0 billion; Market cap: $216.0 billion; Price-to-sales ratio: 4.1; Dividend yield: 3.8%; TSINetwork Rating: Above Average; www.pfizer.com) is one of the world’s leading prescription drugmakers....
Conagra’s move to spin off its frozen potato business Lamb Weston in 2016 has spurred the shares of both companies: Conagra is up 9% since the spinoff, while Lamb Weston has soared 67%.
A large part of those gains is the smaller size and focus of each company....
A large part of those gains is the smaller size and focus of each company....
METRO INC. $41 (Toronto symbol MRU; Aggressive Growth Portfolio, Consumer sector; Shares outstanding: 227.1 million; Market cap: $9.3 billion; Price-to-sales ratio: 0.7; Dividend yield: 1.6%; TSINetwork Rating: Average; www.metro.ca) operates 600 grocery stores and 250 drugstores, in Quebec and Ontario.
To compete with larger grocery chains like Loblaw and Sobeys, Metro has used acquisitions to expand its market share....
To compete with larger grocery chains like Loblaw and Sobeys, Metro has used acquisitions to expand its market share....
LOBLAW COMPANIES LTD. $69 (Toronto symbol L; Conservative Growth Portfolio, Consumer sector; Shares o/s: 388.1 million; Market cap: $26.8 billion; Price-to-sales ratio: 0.6; Dividend yield: 1.6%; TSINetwork Rating: Above Average; www.loblaw.ca) operates 1,095 supermarkets in Canada....
PRECISION DRILLING CORP. $3.37 (Toronto symbol PD; Aggressive Growth Portfolio, Resource sector; Shares outstanding: 293.2 million; Market cap: $985.1 million; Price-to-sales ratio: 0.9; Dividend suspended in March 2016; TSINetwork Rating: Extra Risk; www.precisiondrilling....