To determine how companies are doing in terms of sales and whether to buy their stock, there are many factors that investors consider. Once such figure is the Price-to-Sales or P/S ratio. This ratio shows the value that the market has placed on sales.
If the P/S of a stock is a lower number, then it is generally believed that it has a better value than a stock with a higher number. Here are three stocks that are giving off buy signals right now: MBIA Inc. (NYSE:MBI), CONSOL Energy Inc. (NYSE:CNX), and Hecla Mining Company (NYSE:HL).
MBIA Inc. (NYSE:MBI) has a price-to-sales ratio of 0.84, which is far under its industry’s average of 22.32. Looking back over the past five years, the sales for the company rose by 19.30% a year, typically, and the net income for the company lowered by about -33.40%. The stock closed out at $5.97 recently.
CONSOL Energy Inc. (NYSE:CNX) is in a price downturn thus far in 2015 at -7.98%. As of last close, its price as $13.15. The P/S ratio is at 12.21, which is far under the 22.57 industry average. Earnings have maintained per year at -3.60%, measured over the last five years. Sales per year have typically gone by a 0.50% rate.
Hecla Mining Company (NYSE:HL) closed out at $1.85 a share. Its P/S ratio comes in at 0.19%, which is under the 1.25 industry average. For the company, its earnings per share increased on average by a rate of 15.60%. Looking back over the last five year, this company maintained sales growth a year of about 9.60%. The long term trend for this stock is down, which is since June 30 of this year. However, its trend in the short term is up (since August 11 of 2015) at +70 (out of 100).