The 7.2% Return This Week Takes Veeco Instruments' (NASDAQ:VECO) Shareholders Five-year Gains to 308%
The 7.2% Return This Week Takes Veeco Instruments' (NASDAQ:VECO) Shareholders Five-year Gains to 308%
We think all investors should try to buy and hold high quality multi-year winners. And highest quality companies can see their share prices grow by huge amounts. Just think about the savvy investors who held Veeco Instruments Inc. (NASDAQ:VECO) shares for the last five years, while they gained 308%. This just goes to show the value creation that some businesses can achieve. On top of that, the share price is up 36% in about a quarter.
我们认为所有的投资者都应该尝试购买和持有高品质的多年赢家。而最高品质的公司的股价可以增长很多。想想那些持有维易科精密仪器股票(纳斯达克:VECO)五年时间的精明投资者,他们的股票升值了308%。这只是表明一些企业可以创造市值的价值。除此之外,股价在不到一个季度内上涨了36%。
Since the stock has added US$173m to its market cap in the past week alone, let's see if underlying performance has been driving long-term returns.
由于该股票在过去一个星期内增加了1.73亿美元的市值,让我们看看是否潜在的绩效驱动了长期回报。
While the efficient markets hypothesis continues to be taught by some, it has been proven that markets are over-reactive dynamic systems, and investors are not always rational. One imperfect but simple way to consider how the market perception of a company has shifted is to compare the change in the earnings per share (EPS) with the share price movement.
虽然一些人仍然相信有效市场假说,但已经证明市场是过度反应的动态系统,投资者并不总是理性的。一个不完美但简单的方法来考虑公司市场看法的变化是比较每股收益(EPS)的变化和股价的波动。
Veeco Instruments became profitable within the last five years. However, it made a loss in the last twelve months, suggesting profit may be an unreliable metric at this stage. So we might find other metrics can better explain the share price movements.
维易科精密仪器在过去五年内实现了盈利。然而,在过去十二个月中它却亏损了,这表明盈利可能是不可靠的。因此,我们可能会发现其他指标能更好地解释股价波动。
On the other hand, Veeco Instruments' revenue is growing nicely, at a compound rate of 11% over the last five years. It's quite possible that management are prioritizing revenue growth over EPS growth at the moment.
另一方面,维易科精密仪器的营业收入增长不错,过去五年复合增长率为11%。目前管理层可能更加重视营收增长而不是每股收益增长。
The image below shows how earnings and revenue have tracked over time (if you click on the image you can see greater detail).
下图显示了收益和营收随时间变化的情况(如果你点击图像,可以看到更多细节):
![earnings-and-revenue-growth](https://usnewsfile.moomoo.com/public/MM-PersistNewsContentImage/7781/20240615/0-89ded8f4fb889c1d8b7a44f54e1ee119-0-a46898ff14be3bd13b86a0c98584f890.png/big)
Balance sheet strength is crucial. It might be well worthwhile taking a look at our free report on how its financial position has changed over time.
资产负债表强度至关重要。查看我们关于其财务状况如何随时间变化的免费报告可能很值得一看。
A Different Perspective
不同的观点
We're pleased to report that Veeco Instruments shareholders have received a total shareholder return of 85% over one year. That's better than the annualised return of 32% 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 Veeco Instruments better, we need to consider many other factors. For instance, we've identified 2 warning signs for Veeco Instruments that you should be aware of.
我们很高兴地宣布,维易科精密仪器的股东在一年内获得了85%的总股东回报。这比过去五年32%的年化回报率更好,这意味着公司最近做得更好。在最好的情况下,这可能暗示着一些实际的业务动力,这可能意味着现在是深入研究的好时机。长期跟踪股价表现总是很有趣的。但要更好地了解维易科精密仪器,我们需要考虑许多其他因素。例如,我们已经发现了2个维易科精密仪器的警示信号,你们应该意识到。
Of course Veeco Instruments may not be the best stock to buy. So you may wish to see this free collection of growth stocks.
当然,维易科精密仪器可能不是最好的股票去购买。因此,您可能希望查看这些免费的成长股票收藏。
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,本文所引述的市场回报反映了目前在美国交易所上市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.
对本文有反馈?关于内容有所顾虑?直接和我们联系。或者,发送电子邮件至editorial-team (at) simplywallst.com。
这篇文章是Simply Wall St的一般性文章。我们根据历史数据和分析师预测提供评论,只使用公正的方法论,我们的文章并不意味着提供任何金融建议。文章不构成买卖任何股票的建议,也不考虑您的目标或您的财务状况。我们的目标是带给您基本数据驱动的长期关注分析。请注意,我们的分析可能不考虑最新的价格敏感公司公告或定性材料。Simply Wall St没有任何股票头寸。
Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team@simplywallst.com
对本文有反馈?关于内容有所顾虑?直接和我们联系。或者发送电子邮件至editorial-team@simplywallst.com。