AZZ's (NYSE:AZZ) 46% Return Outpaced the Company's Earnings Growth Over the Same One-year Period
AZZ's (NYSE:AZZ) 46% Return Outpaced the Company's Earnings Growth Over the Same One-year Period
The simplest way to invest in stocks is to buy exchange traded funds. But investors can boost returns by picking market-beating companies to own shares in. For example, the AZZ Inc. (NYSE:AZZ) share price is up 44% in the last 1 year, clearly besting the market return of around 19% (not including dividends). So that should have shareholders smiling. However, the stock hasn't done so well in the longer term, with the stock only up 25% in three years.
投资股票的最简单方法是购买交易所交易基金。但是,投资者可以通过选择市场领先的公司来持有股票,从而提高回报。例如,AZZ Inc.(纽约证券交易所代码:AZZ)的股价在过去1年中上涨了44%,显然超过了约19%(不包括股息)的市场回报率。因此,这应该让股东们微笑。但是,从长远来看,该股表现不佳,该股在三年内仅上涨了25%。
On the back of a solid 7-day performance, let's check what role the company's fundamentals have played in driving long term shareholder returns.
在连续7天表现稳健的背景下,让我们来看看公司的基本面在推动长期股东回报方面发挥了什么作用。
See our latest analysis for AZZ
查看我们对 AZZ 的最新分析
There is no denying that markets are sometimes efficient, but prices do not always reflect underlying business performance. One flawed but reasonable way to assess how sentiment around a company has changed is to compare the earnings per share (EPS) with the share price.
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。评估公司情绪变化的一种有缺陷但合理的方法是将每股收益(EPS)与股价进行比较。
During the last year AZZ grew its earnings per share (EPS) by 17%. This EPS growth is significantly lower than the 44% increase in the share price. This indicates that the market is now more optimistic about the stock.
去年,AZZ的每股收益(EPS)增长了17%。每股收益的增长明显低于股价44%的涨幅。这表明市场现在对该股更加乐观。
The image below shows how EPS has tracked over time (if you click on the image you can see greater detail).
下图显示了 EPS 在一段时间内的跟踪情况(如果你点击图片,你可以看到更多细节)。
![earnings-per-share-growth](https://usnewsfile.moomoo.com/public/MM-PersistNewsContentImage/7781/20240123/0-3d95c7a7a6beefe603a9ba78607665b7-0-4c47cde3c021e6d1ef0720b1b5f3266f.png/big)
It is of course excellent to see how AZZ has grown profits over the years, but the future is more important for shareholders. Take a more thorough look at AZZ's financial health with this free report on its balance sheet.
看到AZZ多年来如何增加利润当然是件好事,但未来对股东来说更为重要。通过这份免费的资产负债表报告,更全面地了解AZZ的财务状况。
What About Dividends?
分红呢?
As well as measuring the share price return, investors should also consider the total shareholder return (TSR). Whereas the share price return only reflects the change in the share price, the TSR includes the value of dividends (assuming they were reinvested) and the benefit of any discounted capital raising or spin-off. Arguably, the TSR gives a more comprehensive picture of the return generated by a stock. We note that for AZZ the TSR over the last 1 year was 46%, which is better than the share price return mentioned above. This is largely a result of its dividend payments!
除了衡量股价回报率外,投资者还应考虑股东总回报率(TSR)。尽管股价回报率仅反映股价的变化,但股东总回报率包括股息的价值(假设已进行再投资)以及任何折扣融资或分拆的收益。可以说,股东总回报率更全面地描述了股票产生的回报。我们注意到,对于AZZ而言,过去1年的股东总回报率为46%,好于上述股价回报率。这在很大程度上是其股息支付的结果!
A Different Perspective
不同的视角
It's good to see that AZZ has rewarded shareholders with a total shareholder return of 46% in the last twelve months. And that does include the dividend. That's better than the annualised return of 8% over half a decade, implying that the company is doing better recently. In the best case scenario, this may hint at some real business momentum, implying that now could be a great time to delve deeper. It's always interesting to track share price performance over the longer term. But to understand AZZ better, we need to consider many other factors. Even so, be aware that AZZ is showing 1 warning sign in our investment analysis , you should know about...
很高兴看到AZZ在过去十二个月中向股东提供了46%的总股东回报率。这确实包括股息。这比五年来8%的年化回报率要好,这意味着该公司最近的表现更好。在最好的情况下,这可能暗示着一些真正的业务势头,这意味着现在可能是深入研究的好时机。长期跟踪股价表现总是很有意思的。但是,为了更好地了解AZZ,我们需要考虑许多其他因素。即便如此,请注意,AZZ在我们的投资分析中显示了1个警告信号,您应该知道...
Of course AZZ may not be the best stock to buy. So you may wish to see this free collection of growth stocks.
当然,AZZ可能不是最值得购买的股票。因此,您可能希望看到这批免费的成长股。
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。