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Investors in Federal Signal (NYSE:FSS) Have Seen Stellar Returns of 273% Over the Past Five Years

Investors in Federal Signal (NYSE:FSS) Have Seen Stellar Returns of 273% Over the Past Five Years

在过去五年中,联邦信号(纽约证券交易所代码:FSS)的投资者看到了273%的出色回报
Simply Wall St ·  02/09 05:03

The worst result, after buying shares in a company (assuming no leverage), would be if you lose all the money you put in. But on the bright side, you can make far more than 100% on a really good stock. Long term Federal Signal Corporation (NYSE:FSS) shareholders would be well aware of this, since the stock is up 256% in five years. On top of that, the share price is up 19% in about a quarter. But this move may well have been assisted by the reasonably buoyant market (up 14% in 90 days).

在购买公司股票(假设没有杠杆作用)之后,最糟糕的结果是你损失了所有投入的资金。但好的一面是,购买一只非常好的股票,您可以赚取超过100%的收入。联邦信号公司(纽约证券交易所代码:FSS)的长期股东会意识到这一点,因为该股在五年内上涨了256%。最重要的是,股价在大约一个季度内上涨了19%。但是,这一举措很可能得到了相当活跃的市场(90天内上涨了14%)的推动。

Let's take a look at the underlying fundamentals over the longer term, and see if they've been consistent with shareholders returns.

让我们来看看长期的基本面,看看它们是否与股东的回报一致。

There is no denying that markets are sometimes efficient, but prices do not always reflect underlying business performance. One way to examine how market sentiment has changed over time is to look at the interaction between a company's share price and its earnings per share (EPS).

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。研究市场情绪如何随着时间的推移而变化的一种方法是研究公司股价与其每股收益(EPS)之间的相互作用。

Over half a decade, Federal Signal managed to grow its earnings per share at 9.5% a year. This EPS growth is lower than the 29% average annual increase in the share price. So it's fair to assume the market has a higher opinion of the business than it did five years ago. And that's hardly shocking given the track record of growth.

在过去的五年中,联邦信号设法将其每股收益增长到每年9.5%。每股收益的增长低于股价29%的平均年增长率。因此,可以公平地假设市场对该业务的看法比五年前更高。考虑到增长的记录,这并不令人震惊。

The company's earnings per share (over time) is depicted in the image below (click to see the exact numbers).

该公司的每股收益(随着时间的推移)如下图所示(点击查看确切数字)。

earnings-per-share-growth
NYSE:FSS Earnings Per Share Growth February 9th 2024
纽约证券交易所:FSS每股收益增长 2024年2月9日

We know that Federal Signal has improved its bottom line lately, but is it going to grow revenue? You could check out this free report showing analyst revenue forecasts.

我们知道联邦信号最近提高了利润,但它会增加收入吗?您可以查看这份显示分析师收入预测的免费报告。

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. It's fair to say that the TSR gives a more complete picture for stocks that pay a dividend. We note that for Federal Signal the TSR over the last 5 years was 273%, 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)。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。可以公平地说,股东总回报率为支付股息的股票提供了更完整的画面。我们注意到,联邦信号在过去5年的股东总回报率为273%,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

We're pleased to report that Federal Signal shareholders have received a total shareholder return of 49% over one year. And that does include the dividend. Since the one-year TSR is better than the five-year TSR (the latter coming in at 30% per year), it would seem that the stock's performance has improved in recent times. Someone with an optimistic perspective could view the recent improvement in TSR as indicating that the business itself is getting better with time. If you would like to research Federal Signal in more detail then you might want to take a look at whether insiders have been buying or selling shares in the company.

我们很高兴地向大家报告,联邦信号的股东在一年内获得了49%的总股东回报率。这确实包括股息。由于一年期股东总回报率好于五年期股东总回报率(后者为每年30%),因此该股的表现似乎在最近有所改善。持乐观态度的人可能会将最近股东总回报率的改善视为业务本身随着时间的推移而变得更好。如果你想更详细地研究联邦信号,那么你可能需要看看内部人士是否在买入或卖出该公司的股票。

For those who like to find winning investments this free list of growing companies with recent insider purchasing, could be just the ticket.

对于那些喜欢寻找中奖投资的人来说,这份最近有内幕收购的成长型公司的免费名单可能只是门票。

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。

Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.
This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.

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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。

声明:本内容仅用作提供资讯及教育之目的,不构成对任何特定投资或投资策略的推荐或认可。 更多信息
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