Investing in Terex (NYSE:TEX) Five Years Ago Would Have Delivered You a 103% Gain
Investing in Terex (NYSE:TEX) Five Years Ago Would Have Delivered You a 103% Gain
Stock pickers are generally looking for stocks that will outperform the broader market. And in our experience, buying the right stocks can give your wealth a significant boost. For example, long term Terex Corporation (NYSE:TEX) shareholders have enjoyed a 91% share price rise over the last half decade, well in excess of the market return of around 71% (not including dividends). However, more recent returns haven't been as impressive as that, with the stock returning just 24% in the last year , including dividends .
选股者通常在寻找表现优于大盘的股票。根据我们的经验,购买合适的股票可以显著增加您的财富。例如,特雷克斯公司(纽约证券交易所代码:TEX)的长期股东在过去五年中股价上涨了91%,远远超过了约71%的市场回报率(不包括股息)。但是,最近的回报并不那么令人印象深刻,该股去年的回报率仅为24%,包括股息。
Now it's worth having a look at the company's fundamentals too, because that will help us determine if the long term shareholder return has matched the performance of the underlying business.
现在也值得一看公司的基本面,因为这将有助于我们确定长期股东回报是否与基础业务的表现相匹配。
View our latest analysis for Terex
查看我们对特雷克斯的最新分析
There is no denying that markets are sometimes efficient, but prices do not always reflect underlying business performance. By comparing earnings per share (EPS) and share price changes over time, we can get a feel for how investor attitudes to a company have morphed over time.
不可否认,市场有时是有效的,但价格并不总是能反映潜在的业务表现。通过比较每股收益(EPS)和一段时间内的股价变化,我们可以了解投资者对公司的态度是如何随着时间的推移而变化的。
During five years of share price growth, Terex achieved compound earnings per share (EPS) growth of 24% per year. This EPS growth is higher than the 14% average annual increase in the share price. Therefore, it seems the market has become relatively pessimistic about the company. This cautious sentiment is reflected in its (fairly low) P/E ratio of 7.78.
在五年的股价增长中,特雷克斯实现了每年24%的复合每股收益(EPS)增长。每股收益的增长高于股价年均增长14%。因此,市场似乎对该公司变得相对悲观。这种谨慎的情绪反映在其(相当低的)市盈率7.78上。
You can see how EPS has changed over time in the image below (click on the chart to see the exact values).
您可以在下图中看到 EPS 随时间推移的变化(点击图表查看确切值)。
![earnings-per-share-growth](https://usnewsfile.moomoo.com/public/MM-PersistNewsContentImage/7781/20240118/0-2c5c89b831f3ff7f8e147883103899fd-0-6bc346be28a7f58109ab5dfe4acea0da.png/big)
It's good to see that there was some significant insider buying in the last three months. That's a positive. That said, we think earnings and revenue growth trends are even more important factors to consider. This free interactive report on Terex's earnings, revenue and cash flow is a great place to start, if you want to investigate the stock further.
很高兴看到在过去三个月中出现了一些大规模的内幕买盘。这是积极的。话虽如此,我们认为收益和收入增长趋势是更重要的考虑因素。如果你想进一步调查特雷克斯的股票,这份关于特雷克斯收益、收入和现金流的免费互动报告是一个很好的起点。
What About Dividends?
分红呢?
As well as measuring the share price return, investors should also consider the total shareholder return (TSR). The TSR is a return calculation that accounts for the value of cash dividends (assuming that any dividend received was reinvested) and the calculated value of any discounted capital raisings and spin-offs. So for companies that pay a generous dividend, the TSR is often a lot higher than the share price return. We note that for Terex the TSR over the last 5 years was 103%, which is better than the share price return mentioned above. The dividends paid by the company have thusly boosted the total shareholder return.
除了衡量股价回报率外,投资者还应考虑股东总回报率(TSR)。股东总回报率是一种回报计算方法,它考虑了现金分红的价值(假设收到的任何股息都经过再投资)以及任何贴现资本筹集和分拆的计算价值。因此,对于支付丰厚股息的公司来说,股东总回报率通常远高于股价回报率。我们注意到,特雷克斯过去5年的股东总回报率为103%,好于上述股价回报率。因此,该公司支付的股息提高了 总 股东回报。
A Different Perspective
不同的视角
Terex provided a TSR of 24% over the year (including dividends). That's fairly close to the broader market return. That gain looks pretty satisfying, and it is even better than the five-year TSR of 15% per year. It is possible that management foresight will bring growth well into the future, even if the share price slows down. While it is well worth considering the different impacts that market conditions can have on the share price, there are other factors that are even more important. To that end, you should be aware of the 1 warning sign we've spotted with Terex .
特雷克斯全年股东总回报率为24%(包括股息)。这与更广泛的市场回报率相当接近。这种增长看起来相当令人满意,甚至比每年15%的五年股东总回报率还要好。即使股价放缓,管理层的远见也有可能为未来带来增长。尽管市场状况可能对股价产生的不同影响值得考虑,但还有其他因素更为重要。为此,你应该注意我们在特雷克斯身上发现的1个警告信号。
Terex is not the only stock insiders are buying. So take a peek at this free list of growing companies with insider buying.
特雷克斯并不是内部人士唯一买入的股票。因此,看看这份免费的内幕收购成长型公司名单。
Please note, the market returns quoted in this article reflect the market weighted average returns of stocks that currently trade on American exchanges.
请注意,本文引用的市场回报反映了目前在美国交易所交易的股票的市场加权平均回报。
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Simply Wall St的这篇文章本质上是笼统的。我们仅使用公正的方法根据历史数据和分析师的预测提供评论,我们的文章无意作为财务建议。它不构成买入或卖出任何股票的建议,也没有考虑到您的目标或财务状况。我们的目标是为您提供由基本数据驱动的长期重点分析。请注意,我们的分析可能不考虑最新的价格敏感型公司公告或定性材料。简而言之,华尔街没有持有任何上述股票的头寸。