Below are the three companies in the Industrial Machinery industry with the highest sales per share. Sales per share is a valuable metric in comparing relative value for companies in the same industry.
Valmont Industries (NYSE:VMI) is highest with sales per share of $112.26. Valmont Industries, Inc. designs and manufactures poles, towers, and structures for lighting, communication, and utility markets and provides protective coating services for infrastructure. The Company also manufactures and distributes industrial and agricultural irrigation products in addition to a wide variety of fabricated products for commercial and industrial applications.
Potential upside of 0.7% exists for Valmont Industries, based on a current level of $147.54 and analysts' average consensus price target of $148.50. The stock should discover initial support at its 50-day moving average (MA) of $140.39 and subsequent support at its 200-day MA of $129.32.
SPX (NYSE:SPW) is next with sales per share of $102.76.
Finishing up the top three is Flowserve (NYSE:FLS), with sales per share of $87.47.