Liberty Broadband (NASDAQ:LBRD.K) Investors Are Sitting on a Loss of 67% If They Invested Three Years Ago
Liberty Broadband (NASDAQ:LBRD.K) Investors Are Sitting on a Loss of 67% If They Invested Three Years Ago
Investing in stocks inevitably means buying into some companies that perform poorly. But the long term shareholders of Liberty Broadband Corporation (NASDAQ:LBRD.K) have had an unfortunate run in the last three years. Sadly for them, the share price is down 67% in that time. And the ride hasn't got any smoother in recent times over the last year, with the price 32% lower in that time. Shareholders have had an even rougher run lately, with the share price down 12% in the last 90 days. We note that the company has reported results fairly recently; and the market is hardly delighted. You can check out the latest numbers in our company report.
投资股票不可避免地意味着买入一些表现不佳的公司。但是,在过去三年中,自由宽带公司(纳斯达克股票代码:LBRD.K)的长期股东表现不佳。对他们来说,可悲的是,当时股价下跌了67%。而且在过去的一年里,这种行程并没有变得更加顺利,同期价格下降了32%。股东们最近的表现更加艰难,股价在过去90天中下跌了12%。我们注意到,该公司最近公布了业绩;市场对此并不满意。您可以在我们的公司报告中查看最新的数字。
Since shareholders are down over the longer term, lets look at the underlying fundamentals over the that time and see if they've been consistent with returns.
由于股东长期处于低迷状态,让我们来看看那段时间的基本面,看看它们与回报是否一致。
To paraphrase Benjamin Graham: Over the short term the market is a voting machine, but over the long term it's a weighing machine. 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.
用本杰明·格雷厄姆的话来说:从短期来看,市场是一台投票机,但从长远来看,它是一台称重机。通过比较每股收益(EPS)和股价随时间推移的变化,我们可以了解投资者对公司的态度如何随着时间的推移而变化。
Although the share price is down over three years, Liberty Broadband actually managed to grow EPS by 35% per year in that time. Given the share price reaction, one might suspect that EPS is not a good guide to the business performance during the period (perhaps due to a one-off loss or gain). Or else the company was over-hyped in the past, and so its growth has disappointed.
尽管股价在三年内下跌,但在此期间,Liberty Broadband实际上每年设法将每股收益增长35%。鉴于股价的反应,人们可能会怀疑每股收益并不能很好地指导该期间的业务表现(可能是由于一次性的亏损或收益)。否则,该公司过去曾被过度炒作,因此其增长令人失望。
It's worth taking a look at other metrics, because the EPS growth doesn't seem to match with the falling share price.
值得一看其他指标,因为每股收益的增长似乎与股价的下跌不符。
Revenue is actually up 18% over the three years, so the share price drop doesn't seem to hinge on revenue, either. This analysis is just perfunctory, but it might be worth researching Liberty Broadband more closely, as sometimes stocks fall unfairly. This could present an opportunity.
在过去的三年中,收入实际上增长了18%,因此股价下跌似乎也不取决于收入。这种分析只是敷衍了事,但可能值得对Liberty Broadband进行更仔细的研究,因为有时股票会不公平地下跌。这可能带来机会。
The company's revenue and earnings (over time) are depicted in the image below (click to see the exact numbers).
公司的收入和收益(随着时间的推移)如下图所示(点击查看确切数字)。
![](https://newsfile.futunn.com/public/NN-PersistNewsContentImage/7781/20240513/0-46eddea896881a0ce5b6257c95e42161-0-c4ee73dc13a52129821c52dd04e45822.png/big)
NasdaqGS:LBRD.K Earnings and Revenue Growth May 13th 2024
NASDAQGS: LBRD.K 收益和收入增长 2024 年 5 月 13 日
It is of course excellent to see how Liberty Broadband has grown profits over the years, but the future is more important for shareholders. Take a more thorough look at Liberty Broadband's financial health with this free report on its balance sheet.
看到Liberty Broadband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Liberty Broadband的财务状况。
A Different Perspective
不同的视角
Liberty Broadband shareholders are down 32% for the year, but the market itself is up 28%. However, keep in mind that even the best stocks will sometimes underperform the market over a twelve month period. Regrettably, last year's performance caps off a bad run, with the shareholders facing a total loss of 8% per year over five years. We realise that Baron Rothschild has said investors should "buy when there is blood on the streets", but we caution that investors should first be sure they are buying a high quality business. 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. Consider for instance, the ever-present spectre of investment risk. We've identified 3 warning signs with Liberty Broadband (at least 2 which shouldn't be ignored) , and understanding them should be part of your investment process.
自由宽带股东今年下跌了32%,但市场本身上涨了28%。但是,请记住,即使是最好的股票有时也会在十二个月内表现不如市场。遗憾的是,去年的业绩结束了糟糕的表现,股东在五年内每年面临8%的总亏损。我们意识到罗斯柴尔德男爵曾说过,投资者应该 “在街头流血时买入”,但我们警告说,投资者应首先确保他们购买的是高质量的企业。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。例如,投资风险的幽灵无处不在。我们已经确定了Liberty Broadband的3个警告信号(至少有2个不容忽视),了解它们应该是您投资过程的一部分。
But note: Liberty Broadband may not be the best stock to buy. So take a peek at this free list of interesting companies with past earnings growth (and further growth forecast).
但请注意:自由宽带可能不是最值得购买的股票。因此,来看看这份过去盈利增长(以及进一步增长预测)的有趣公司的免费清单。
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。