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Saga Communications Ranks the Highest in Terms of Sales per Share in the Broadcasting Industry (SGA, CBS, FSCI)

Published on Mon, 01/07/2013 - 11:21
By Adrienne Chilton

Below are the three companies in the Broadcasting industry with the highest sales per share. Sales per share is a valuable metric in comparing relative value for companies in the same industry.

Saga Communications (NYSE:SGA) is highest with sales per share of $30.21. Saga Communications, Inc. acquires, develops, and operates broadcast properties. The Company owns and operates FM and AM radio stations, state radio networks, a farm radio network, and television stations in the United States. Saga Communications has traded 0 shares thus far today, vs. average volume of 8,000 shares per day. The stock has outperformed the Dow (0.0% to the Dow's -0.3%) and outperformed the S&P 500 (0.0% to the S&P's -0.3%) during today's trading.

Following is CBS (NYSE:CBS) with sales per share of $22.54.

Finishing up the top three is Fisher Communications (NASDAQ:FSCI), with sales per share of $18.34.

By Adrienne Chilton
achilton@fnno.com