Investors in Fortive (NYSE:FTV) Have Seen Returns of 17% Over the Past Year
Investors in Fortive (NYSE:FTV) Have Seen Returns of 17% Over the Past Year
There's no doubt that investing in the stock market is a truly brilliant way to build wealth. But if when you choose to buy stocks, some of them will be below average performers. Over the last year the Fortive Corporation (NYSE:FTV) share price is up 16%, but that's less than the broader market return. Having said that, the longer term returns aren't so impressive, with stock gaining just 7.2% in three years.
毫无疑问，投资股票市场是积累财富的绝佳方式。但是，如果你选择买入股票，其中一些股票的表现将低于平均水平。去年，Fortive Corporation（纽约证券交易所代码：FTV）的股价上涨了16％，但低于整个市场的回报率。话虽如此，长期回报并不那么令人印象深刻，股票在三年内仅上涨了7.2％。
So let's investigate and see if the longer term performance of the company has been in line with the underlying business' progress.
因此，让我们调查一下，看看公司的长期表现是否与基础业务的进展一致。
In his essay The Superinvestors of Graham-and-Doddsville Warren Buffett described how share prices do not always rationally reflect the value of a business. 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.
在他的文章中 格雷厄姆和多兹维尔的超级投资者 沃伦·巴菲特描述了股价如何并不总是合理地反映企业的价值。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 Fortive grew its earnings per share (EPS) by 19%. This EPS growth is reasonably close to the 16% increase in the share price. So this implies that investor expectations of the company have remained pretty steady. It looks like the share price is responding to the EPS.
去年，Fortive的每股收益（EPS）增长了19％。每股收益的增长相当接近股价16％的涨幅。因此，这意味着投资者对该公司的预期一直相当稳定。看来股价正在回应每股收益。
You can see below how EPS has changed over time (discover the exact values by clicking on the image).
你可以在下面看到 EPS 是如何随着时间的推移而变化的（点击图片发现确切的值）。
We know that Fortive has improved its bottom line lately, but is it going to grow revenue? This free report showing analyst revenue forecasts should help you figure out if the EPS growth can be sustained.
我们知道Fortive最近提高了利润，但它会增加收入吗？这份显示分析师收入预测的免费报告应帮助您弄清楚每股收益的增长是否可以持续。
A Different Perspective
不同的视角
Fortive shareholders are up 17% for the year (even including dividends). But that was short of the market average. The silver lining is that the gain was actually better than the average annual return of 4% per year over five year. This could indicate that the company is winning over new investors, as it pursues its strategy. It's always interesting to track share price performance over the longer term. But to understand Fortive better, we need to consider many other factors. Case in point: We've spotted 1 warning sign for Fortive you should be aware of.
Fortive股东今年增长了17％（甚至包括股息）。但这低于市场平均水平。一线希望是，收益实际上好于五年内每年4％的平均年回报率。这可能表明该公司在推行其战略时正在赢得新投资者的青睐。长期跟踪股价表现总是很有意思的。但是，为了更好地理解 Fortive，我们需要考虑许多其他因素。一个很好的例子：我们发现了 Fortive 的 1 个警告信号，你应该注意。
If you would prefer to check out another company -- one with potentially superior financials -- then do not miss this free list of companies that have proven they can grow earnings.
如果你想看看另一家公司——一家财务状况可能优异的公司——那么千万不要错过这份已经证明自己可以增加收益的公司的免费名单。
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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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。